
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
Listed by Sundance Homes & Realty
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
16870 N State Highway 123 is listed at $550,000 with 0 bedrooms, 0.43-acre lot. This places it above the 78666 median of $505,000.
16870 N State Highway 123 is a Commercial Sale built in 1975 featuring 0 bedrooms, 0.43-acre lot.
16870 N State Highway 123 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($110,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 16870 N State Highway 123 is around $3,862 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
20% ($110K)
$550,000
Luxury property intelligence
A sourced read on Charles Henderson Surv #55 Abs pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
Not available
Vs. Charles Henderson Surv #55 Abs median
Not available
Days on market
21 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 Jul 26, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $550,000, 16870 N State Highway 123 is in the Charles Henderson Surv #55 Abs market where there are currently 330 active listings in 78666. The Keenan Group has completed 1 transactions in 78666 as part of 1,000+ career sales totaling $1B+ across Austin.
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.
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