112 Smith Ln - Residential Income FOR SALE


San Marcos, TX 78666
$350,000 USD
512-517-4429
112 Smith Ln, San Marcos, TX for Sale
$350,000 USD
Residential Income - FOR SALE
1/12
null | Request Cap Rate

112 Smith Ln
San Marcos, TX 78666


HIGHLIGHTS

  • Located in the Heart of San Marcos

OVERVIEW

This prime 2-acre property, located just minutes from I-35, offers a unique opportunity for developers and investors. With a charming 3-bedroom, 2-bathroom home already in place, the property combines convenience and potential in a highly desirable area of San Marcos. Situated close to Texas State University, the bustling San Marcos outlets, and just minutes from downtown and the San Marcos River, this location promises excellent accessibility and appeal. Zoned for multi-family development, this site is ideal for those looking to capitalize on the growing demand in the area. The flat terrain and all necessary utilities are already in place, making it a straightforward canvas for development. While there are foundation concerns that require a thorough inspection and potential repairs, the property’s location and zoning present significant long-term potential. With the right vision, this site could be transformed into a highly valuable development project. Whether you're looking to build new multi-family units or renovate the existing home, the possibilities are endless. Don’t miss out on this exceptional opportunity—take action now and unlock the potential of this high-demand location.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

MULTI FAMILY TRACT

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

SF6

APN/PARCEL ID

R12165

ASK ABOUT THIS PROPERTY

Tommy CainColdwell Banker RealtyMore Info
512-517-4429

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Tommy CainColdwell Banker RealtyMore Info
512-517-4429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.