— bed, — bath on 40.00 acres in San Marcos. San Marcos, TX 78666. $3,000,000. SanMarcosCONSISD.
About This Home
Endless possibilities await on this 40 (+/-) acre parcel conveniently located just outside of beautiful San Marcos, Texas. Build your dream home and enjoy the best of both worlds; a country lifestyle with the convenience and amenities of the city. Utilities are in place with 2 dwellings currently on the property. With residential and commercial development nearby, this location is a prime investment opportunity in a rapidly growing area. 504 Francis Harris Lane is only 2.5 miles from the city's plan for a Second City Center known as East Village; which is being designed to include mixed use development, trails, parks, and public transportation for easy access to all that San Marcos has to offer. The property is a short drive to Texas State University and an easy commute to Austin or San Antonio. No known zoning or development restrictions. Opportunity for farm, ranch, residential or commercial projects. Buyers to do own due diligence., Additional Parcels Description: And adjacent +/- 40 acres total, View: Hills, Trees/Woods, Water Source: Public, Tax Rate: 1.77
- Property Type
- Land
- Lot Size
- 40.00 acres
Listing information last updated September 20, 2026.
Listed by Keller Williams Heritage
MLS# 3175410 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cleared
- Native Plants
- Trees-Large (Over 40 Ft)
- Lot Size
- 40.00 Acres
Financial
- Original List Price
- $6,000,000
Utilities
- Electricity Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 504 Francis Harris, whoever represented it.
- ActiveListed 2026Current price: $3,000,000Original list: $4,000,000MLS 3175410
- Listed · May 18, 2026$4,000,000
- Price changed · June 23, 2026$3,000,000
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
- $3,000,000
- Original list
- $6,000,000
- Price movement
- $3M reduction
- Listed / DOM
- May 18, 2026 · 151 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $40,951
- Assessment Year
- 2025
- Year Built
- 1988
- Parcel ID
- 10-0006-0089-00000-3
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $40,951 | — | $51,150 |
Zoned Schools
SanMarcosCONSISD
San Marcos
Goodnight
Bowie
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($600K)
Adjustable assumption - not a lending recommendation.
$3,000,000
Luxury property intelligence
Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$3,000,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
151 days
Original to current
$3M reduction
$6M 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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