— bed, — bath on 106.04 acres in San Marcos. San Marcos, TX 78666. $2,999,000. SanMarcosCONSISD.
About This Home
Come see this beautiful +-106 acres, with approximately 1700 feet of road frontage on FM 1978. This property is centrally located approximately 5 miles from I-35 in Guadalupe County, and approximately 5 miles from San Marcos Texas. This property is suitable for high density development or it would be a great place to build a home and enjoy the country life. The property has rolling hills covered in native grasses, there are two large stock ponds on the property with plenty of fish, it is currently under Ag exemption and is being leased for cattle and hay production. Property information was downloaded from Guadalupe CAD. Distances and measurements are approximate and should be verified for accuracy. Listing agent must be
TBD Fm 1978 stands out for scale and frontage, with 106.04 acres in Guadalupe County and about 1,700 feet along FM 1978. At TBD Fm 1978 in San Marcos, TX 78666, the value starts with land position: roughly 5 miles to I-35 and about 5 miles to San Marcos, giving this Farm - Ranch property a rare mix of access, visibility, and open ground.
Priced at $3.00 million, the land comes out to roughly $28,300 per acre. A price per square foot is not available because no residence square footage is listed, and the year built is not provided. That matters here because this is a true land play. The opportunity is in the acreage, the road frontage, the topography, and the flexibility of use. The site has rolling hills, native grasses, and two large stock ponds that add both utility and character. The ponds are also described as being stocked with fish, which strengthens the recreational appeal for a buyer who wants more than raw acreage.
The current agricultural exemption and active lease for cattle and hay production give the property immediate working-ranch function while preserving long-term optionality. For buyers looking at future development, frontage on FM 1978 is a real advantage. For buyers focused on a private estate or legacy ranch, the setting offers distance from city congestion without losing connection to major routes. I-35 is the key north-south corridor here, and quick access to San Marcos puts shopping, dining, and daily services within easy reach.
The listing does not specify a neighborhood, school district, or school names, so any buyer should verify those details directly. The same applies to exact measurements and distances, which are described as approximate. What is clear is the broader position of the property: San Marcos continues to draw attention because it sits between Austin and San Antonio, and Guadalupe County remains a serious target for buyers who want land with both current agricultural use and future upside.
Days on market at 713 suggest this is not a quick-turn tract aimed at impulse buyers. It is better suited to someone who understands what large-acreage land near San Marcos can become over time, whether that means development, a private ranch compound, or a hold strategy tied to regional growth. For the right buyer, TBD Fm 1978 offers room to shape a long-term asset in one of Central Texas’s most watched corridors.
The numbers behind this insight
- Offered at
- $2,999,000
- Listed
- January 25, 2024
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
- Property Type
- Farm
- Lot Size
- 106.04 acres
Listing information last updated June 23, 2026.
Listed by KR Properties Inc
MLS# 4697819 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Barbed Wire
- Lot Size
- 106.04 Acres
Financial
- Original List Price
- $2,999,000
Utilities
- Above Ground
- Electricity Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at TBD Fm 1978, whoever represented it.
- ActiveListed 2024Current price: $2,999,000Original list: $2,999,000MLS 4697819
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.
- Current list
- $2,999,000
- Original list
- $2,999,000
- Price movement
- No verified reduction
- Listed / DOM
- Jan 25, 2024 · 995 days
Zoned Schools
SanMarcosCONSISD
San Marcos
Goodnight
Dezavala
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.
$2,999,000
Luxury property intelligence
Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$2,999,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
995 days
Original to current
No verified reduction
$3M 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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