000 Smith Ln, San Marcos, TX 78666

Positioned in one of the fastest-growing corridors of San Marcos, this 12.184-acre tract offers a rare opportunity for developers and investors seeking scale, utility access, and proximity to major transportation routes.

Located just off Northbound I-35 in the Blanco Gardens area, the site is currently zoned SF-6 and benefits from public water and sewer availability. The property is flat, largely cleared, and well-suited for a range of residential development strategies including townhomes, multifamily, or build-for-rent communities, subject to approvals.

While the entire site lies within the 100-year floodplain, it is currently being evaluated under the Blanco Gardens Drainage Improvement Project, creating potential long-term mitigation upside.

With strong population growth, increasing housing demand, and nearby development activity, this site represents a compelling value-add or ground-up development opportunity in the path of growth. Offered for sale or lease with option to purchase, this is a flexible acquisition for forward-thinking developers.

Property being sold as-is, bring all offers!

The 12.184-acre tract at 000 Smith LN in San Marcos sits in one of Central Texas' most active development corridors, offering raw land opportunity in a market experiencing consistent population and housing pressure. Located in the San Marcos area just off northbound I-35 in the Blanco Gardens neighborhood, this cleared, level property benefits from immediate access to major transportation infrastructure and municipal utilities including public water and sewer service.

The land is zoned SF-6 and currently undeveloped, providing flexibility for residential developers evaluating townhome, multifamily, or build-for-rent strategies. San Marcos continues to absorb workforce housing demand driven by proximity to Austin employers, Dell's Round Rock campus, and the technology corridor along I-35. The San Marcos Consolidated Independent School District serves the property, with students attending Mendez Elementary, Miller Middle School, and San Marcos High School, making it relevant for family-oriented residential development.

The property's flat topography and cleared condition reduce typical land preparation costs. Public infrastructure availability - water and sewer already accessible - eliminates a major development hurdle in rural Hill Country contexts. I-35 frontage and proximity to established Blanco Gardens commercial activity position the tract for mixed-use or higher-density residential application.

One consideration: the property falls within the 100-year floodplain. However, the Blanco Gardens Drainage Improvement Project is actively evaluating mitigation strategies for this area, creating potential long-term upside as infrastructure improvements proceed. This is not a disqualifying factor but rather a dynamic element affecting both current acquisition cost and future development feasibility.

At $3.00 million for 12.184 acres, the price reflects raw land value in an emerging San Marcos submarket where growth metrics show sustained demand. Hays County development patterns favor properties with utility access and I-35 adjacency. This tract offers both immediate development potential and optionality as San Marcos continues absorbing regional population growth and housing shortage pressures. The combination of municipal infrastructure, transportation access, and emerging neighborhood momentum positions this land for investor or developer acquisition in a market where developable acreage at scale remains scarce.