— bed, — bath on 3.84 acres in San Marcos. San Marcos, TX 78666. $1,349,237.
About This Home
Vacant tract in the high-growth NE San Marcos corridor offering strong SH21 visibility and access. Proximity to San Marcos Regional Airport and surrounding development momentum supports commercial, light industrial, or mixed-use development potential. Survey on file. Water and Electricity available with no portion of the Property in the FEMA 100-year floodplain.
A rare 3.838-acre commercial tract on State Highway 21 in San Marcos positions this property at the intersection of growth and opportunity in one of Central Texas's fastest-developing corridors. Priced at $1.75 million, the land offers immediate visibility from SH21 and strategic positioning within the high-velocity northeast San Marcos development zone where major employers and regional infrastructure projects are reshaping the market.
The property's location near San Marcos Regional Airport creates natural synergies for aviation-related services, logistics, or light industrial operations. Proximity to emerging commercial nodes along SH21 means this tract sits ahead of the development curve in an area experiencing accelerated population growth and business relocation from Austin's congested core. The corridor's momentum reflects broader economic trends: companies seeking affordable land, favorable tax treatment in Hays County, and streamlined permitting compared to Travis County competitors.
Development flexibility defines the opportunity. Water and electricity access is already available, eliminating typical infrastructure delays that plague raw land acquisitions. The property carries no FEMA 100-year floodplain exposure, reducing regulatory complexity and insurance costs. A survey is on file, allowing immediate feasibility analysis for potential buyers evaluating mixed-use, commercial, or light industrial applications. This removes critical path items from any development timeline.
The broader context matters. San Marcos continues absorbing commercial migration from Austin's saturated market. I-35 access, proximity to Texas State University's expanding footprint, and the region's younger demographic profile support sustained demand for retail, office, and industrial space. This tract's SH21 frontage captures visibility from both regional commuters and local traffic, essential for tenant recruitment and brand presence.
For developers, investors, or corporate real estate teams evaluating Central Texas expansion, this represents land available before major institutional interest locks in pricing. The 11-day market absorption reflects the scarcity of development-ready acreage with utilities and clear entitlements in this growth corridor. The next wave of San Marcos development will likely point back to properties like this one that offered early positioning in the northeast expansion zone.
The numbers behind this insight
- Offered at
- $1,349,237
- Listed
- May 12, 2026
- Price changes
- Reduced, down 22.9% from $1,750,000
- Property Type
- Commercial Sale
- Year Built
- 1970
- Lot Size
- 3.84 acres
Listing information last updated October 15, 2026.
Listed by McAllister & Associates
MLS# 3470062 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 3.84 Acres
Financial
- Original List Price
- $1,750,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Public
Transaction History
1 record on file
Every recorded listing, sale, and lease at 000 SH 21, whoever represented it.
- ActiveListed 2026Current price: $1,349,237Original list: $1,750,000MLS 3470062
- Listed · May 12, 2026$1,750,000
- Price changed · June 29, 2026$1,495,000
- Price changed · September 14, 2026$1,420,250
- Price changed · October 15, 2026$1,349,237
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,349,237
- Original list
- $1,750,000
- Price movement
- $400.8K reduction
- Listed / DOM
- May 12, 2026 · 157 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($270K)
Adjustable assumption - not a lending recommendation.
$1,349,237
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Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$1,349,237
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
157 days
Original to current
$400.8K reduction
$1.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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