— bed, — bath on 1.36 acres in San Marcos. San Marcos, TX 78666. $975,000.
About This Home
Land is located East of Prime and Tanger Outlet Malls in San Marcos, Texas, which sees over 10 million visitors each year. Across the street from a new La Quinta Hotel. Restricted from additional hotels but ideal for support business, retail, or office.
The 1.36-acre mixed-use property at 1405 Center Point Road in San Marcos occupies one of Central Texas's most strategically positioned commercial corridors, where over 10 million annual visitors flow through the Prime and Tanger Outlet Malls ecosystem. This 2021-built asset sits east of those retail anchors in the San Marcos area, directly across from a new La Quinta Hotel, positioning it at the convergence of high-volume consumer traffic and established hospitality infrastructure. The property's restrictive covenants specifically prohibit additional hotel development, which protects neighboring investments while opening the door to complementary uses that capitalize on the region's visitor economy without competing directly in the lodging space.
The location itself tells a story of purposeful commercial development. San Marcos has evolved far beyond outlet shopping into a destination market where day-trippers and regional travelers seek services, dining, and experiences beyond retail corridors. A support business oriented toward the hospitality or retail ecosystem would find immediate demand here. Office space, professional services, or specialty retail targeting the consistent flow of Prime and Tanger visitors represents proven market demand. The highway connectivity, visibility from major thoroughfares, and proximity to established anchor tenants create the kind of location gravity that typically requires decades to develop.
The property's 1.36 acres provide sufficient scale for significant structure and parking. Built in 2021, the asset represents modern construction standards with potential for immediate occupancy or lease revenue. The $975,000 price point reflects current market conditions in a region where commercial valuations have stabilized after rapid growth cycles.
What distinguishes this opportunity is the combination of restriction and potential. Many competitive sites in the San Marcos commercial zone face saturation risks from additional lodging. This parcel's covenants eliminate that competitive pressure while maintaining access to the same visitor volume that drives the region's commercial performance. For the right operator or investor, the property functions as a long-term hold with immediate revenue potential or as a development site for a complementary business model that strengthens rather than fragments the San Marcos ecosystem.
The numbers behind this insight
- Offered at
- $975,000
- Listed
- October 29, 2021
- Property Type
- Commercial Sale
- Year Built
- 2021
- Lot Size
- 1.36 acres
Listing information last updated March 16, 2026.
Listed by Compass RE Texas, LLC
MLS# 1198027 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 1.36 Acres
Financial
- Original List Price
- $770,140
Utilities
- Cable Available
- Electricity Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1405 Center Point Rd, whoever represented it.
- ActiveListed 2021Current price: $975,000Original list: $770,140MLS 4381815
- ActiveListed 2021Current price: $975,000Original list: $770,140MLS 1198027
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $975,000
- Original list
- $770,140
- Price movement
- No verified reduction
- Listed / DOM
- Oct 29, 2021 · 1,813 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $380,000
- Assessment Year
- 2025
- Parcel ID
- 11-1351-0000-003B0-3
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $380,000 | $380,000 | — |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($195K)
Adjustable assumption - not a lending recommendation.
$975,000
Luxury property intelligence
Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$975,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,813 days
Original to current
No verified reduction
$770.1K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 1405 Center Point Rd to the Austin Market
78666 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume







