Located in San Marcos, home to Texas State University, with 39,000+ students, and a need for affordable & sustainable housing. This is a great opportunity to create community living, single family + multi family plus a mixed-use project. It is a great location for a owner occupied or rental pocket neighborhood. This property is ripe for development and within a stones throw to TXST University, on the University bus route and 1.5 miles from the San Marcos CBD. It is currently cash flowing as is with gross rental income of $143,400 annually, allowing the developer time to ease holding costs while development process begins. See attached Offering Memorandum for more information.