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Keenan Group#1 Austin Board of Realtors Team 2024
16870 N State Highway 123, photo 1 of 40, San Marcos, San Marcos, TX
Active

$550,000

0Beds
0.43 acresLot

16870 N State Highway 123, San Marcos, TX 78666

San Marcos·MLS# 7606701·Built 1975·103 days on market

— bed, — bath on 0.43 acres in San Marcos. San Marcos, TX 78666. $550,000.

About This Home

Great Value & Opportunity! Very rare unrestricted commercial property on 0.43 acres just Southeast of San Marcos on Highway 123 on the road towards Seguin. Building is 2,000 SF with 3 rooms, 1 full size kitchen, 2 bathrooms. Behind the building is an existing MH/RV space with utility hookups. The property is located in the heart of a massive growth corridor with a 16,000+ vehicle traffic count per day. Located right at the entrance to the new $1.5 Billion Sedona South Master Planned Residential Community encompassing 541 acres with 3,000 new homes and 100 acres of commercial and multifamily properties. Projected to increase in price to $1.2 Million within 5 years due to its proximity to the new community. Multiple uses - Perfect for office complex, retail use, service industry shop, church, industrial use, residential triplex, restaurant, food truck court, gaming room, used car dealership, etc.. Also includes an asphalt parking lot, large highway display sign, separate large storage building, propane tank, rear garden/patio area, two separate A/C units, Guadalupe County, San Marcos ETJ. Utilities are Bluebonnet Electric and Crystal Clear Water. Immediate move in available. Also available for Lease, Lease with Option to Purchase and Owner Financing.

Property Type
Commercial Sale
Year Built
1975
Lot Size
0.43 acres

Listing information last updated July 6, 2026.

Listed by Sundance Homes & Realty

MLS# 7606701 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.43-acre lot
Great Value & Opportunity
Building is 2,000 SF with 3 rooms, 1 full size kitchen, 2 bathrooms
Behind the building is an existing MH/RV space with utility hookups
Projected to increase in price to $1.2 Million within 5 years due to its proximity to the new community
Utilities are Bluebonnet Electric and Crystal Clear Water

Facts & Features

Interior

Flooring

  • Tile
Heating
Central,Electric
Cooling
Central Air,Multi Units
Exterior & Lot

Construction

  • Masonry – All Sides
  • Wood Siding
  • Stucco

Foundation

  • Slab
Lot Size
0.43 Acres

Parking

  • Asphalt
  • Off Street
  • Private
Financial
Original List Price
$550,000
Utilities
  • Cable Available
  • Electricity Connected
  • High Speed Internet
  • Phone Available
  • Propane
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 16870 N State Highway 123, whoever represented it.

  1. ActiveListed 2026
    Current price: $550,000Original list: $550,000MLS 7606701
    1. Listed · July 5, 2026$550,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$550,000
Original list
$550,000
Price movement
No verified reduction
Listed / DOM
Jul 5, 2026 · 103 days
Map showing 16870 N State Highway 123
16870 N State Highway 123
Directions
Principal & interest
$3,046

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($110K)

Adjustable assumption - not a lending recommendation.

$550,000

Loan: $440K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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List price

$550,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

103 days

Original to current

No verified reduction

$550K 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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Frequently Asked Questions

How much is 16870 N State Highway 123?

16870 N State Highway 123 is listed at $550,000 with 0 bedrooms, 0.43-acre lot. This places it above the ZIP 78666 single-family closed-sale median price of $310,500 (ZIP 78666 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What are the property details for 16870 N State Highway 123?

16870 N State Highway 123 is a Commercial Sale built in 1975 featuring 0 bedrooms, 0.43-acre lot.

How should a buyer estimate the monthly payment for 16870 N State Highway 123?

This page does not assume a mortgage rate or publish a monthly payment for 16870 N State Highway 123. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 16870 N State Highway 123 compare with other homes in San Marcos?

As of Oct 15, 2026, 16870 N State Highway 123 is offered at $550,000. The current MLS snapshot shows 358 active listings in 78666. Keenan Group has completed 4 verified transactions in 78666 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 16870 N State Highway 123 built?

16870 N State Highway 123 was built in 1975 (51 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for San Marcos

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:47:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 9:47:01 AM

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