— bed, — bath on 1.94 acres in San Marcos. San Marcos, TX 78666. $1,599,000.
About This Home
This 1.9± acre property, zoned for mixed use, is an excellent commercial real estate opportunity with high visibility along the bustling N IH-35 corridor in San Marcos. The seller provided survey, and the mixed use zoning allows for multiple potential uses such as retail stores, restaurants, or multi-family developments. Located less than a mile from Hwy 80, EVO Entertainment, Gary Softball Complex, and Texas State University, this site benefits from strong vehicle traffic. Joint access easements are already in place, offering convenient shared entry points. Additionally, the quick access to the IH-35 on-ramp makes this property even more desirable for businesses looking to cater to both local residents and commuters. This location presents a rare chance to develop in a thriving, high-demand area with excellent proximity to major attractions and thoroughfares.
The core value at 1322 N Interstate 35 Fwy is straightforward: 1.94 acres of mixed-use commercial land with direct exposure along the IH-35 corridor, one of the most important traffic spines in Central Texas. In San Marcos in San Marcos, this site is positioned for buyers who understand that visibility, access, and zoning flexibility usually drive the long-term outcome more than cosmetic detail.
At $1.60M, the opportunity here is less about a finished building story and more about control of a well-located commercial footprint in a growth path that continues to matter. The mixed-use designation creates room for multiple directions, including retail, restaurant, or multifamily-oriented concepts, and that optionality is part of what gives the property strategic depth. The seller has provided a survey, which matters because it reduces uncertainty early in the diligence process and gives a serious buyer a clearer starting point on layout, access, and development planning.
The location story is equally practical. This tract sits less than a mile from Highway 80, EVO Entertainment, the Gary Softball Complex, and Texas State University. That puts it near steady local movement as well as destination traffic, which is exactly what many commercial users need in San Marcos. Joint access easements are already in place, and quick access to the IH-35 on-ramp strengthens the site for businesses that depend on convenience, repeat visibility, and an easy arrival pattern for both residents and commuters.
The existing improvement dates to 1985, but the larger market question is how the land functions today and what it can support next. For a buyer assessing mixed-use commercial property, this is where the analysis should stay disciplined: corridor exposure, acreage, entitlement flexibility, shared access, and proximity to established traffic generators. Those fundamentals tend to hold their relevance even as specific use cases change.
With 517 days on market, the property has been available long enough for the numbers and positioning to be weighed carefully rather than emotionally. That makes 1322 N Interstate 35 Fwy a site where the real advantage is not hype but optionality in a corridor location that can continue to gain value as San Marcos expands around it.
The numbers behind this insight
- Offered at
- $1,599,000
- Listed
- October 15, 2024
- Price changes
- Reduced, down 45.8% from $2,948,557
- Property Type
- Commercial Sale
- Year Built
- 1985
- Lot Size
- 1.94 acres
Listing information last updated June 10, 2026.
Listed by Keller Williams Realty
MLS# 3272781 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Heating
- Electric,See Remarks
- Cooling
- Electric,See Remarks
Exterior & Lot
- Lot Size
- 1.94 Acres
Financial
- Original List Price
- $2,948,557
Utilities
- Electricity Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer,Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1322 N Interstate 35 Freeway, whoever represented it.
- ActiveListed 2024Current price: $1,599,000Original list: $2,948,557MLS 3272781
- Price changed · April 14, 2026$1,599,000
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
- $1,599,000
- Original list
- $2,948,557
- Price movement
- $1.3M reduction
- Listed / DOM
- Oct 15, 2024 · 731 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $201,390
- Assessment Year
- 2025
- Year Built
- 1985
- Parcel ID
- 10-0017-2243-00000-3
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $201,390 | $113,540 | $87,850 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($320K)
Adjustable assumption - not a lending recommendation.
$1,599,000
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Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$1,599,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
731 days
Original to current
$1.3M reduction
$2.9M 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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