Description of 123 Smith Lane CMNS, San Marcos, TX 78666
Listing details for 123 Smith Lane CMNS, San Marcos, TX 78666 : 12.184 acres located in the high-growth area of downtown San Marcos. Currently zoned for multi-family with an Ag Exemption. Flat building space with easy access off North-Bound IH 35 access road. Can be purchased or Leased. The property is often described as a "Developer's Deal" with significant potential for Value Added project.
Location: Smith Lane, San Marcos, TX 78666 (Hays County)
Size: 12.184 Acres (approx. 530,735 sq ft)
Listing Price: $3,000,000 or can be leased with Option to Buy
Zoning: SF-6 (Single-Family)
Neighborhood: Blanco Gardens - Currently has Ag Exemption
Property Features & Potential
Development Potential: Suitable for dense residential, townhomes, or build-for-rent communities, with rezoning potential for higher density.
Location Highlights: Situated one block off I-35 with easy access.
Utilities: Public water and sewer are available.
Site Condition: Cleared and level, described as an "open lot" or pasture.
Constraints: The entire property is located within the 100-year floodplain, but is being considered for the Blanco Gardens Drainage Improvement Project.
Access: Two access points, including Smith Lane and an alley on the east side.
Get on TX-45 E/TX-45 Toll
Continue on TX-45 E/TX-45 Toll. Take TX-130 S/TX-130 Toll S and I-35 S to
S I-35 South Frontage Rd/N Interstate 35 in San Marcos. Take exit 205 from I-35 S
53 min (64.1 mi)
Continue on S I-35 South Frontage Rd/N Interstate 35 to your destination
Construction / Architecture
Year Built
2026
Construction Materials
Other
Foundation
None
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
12.184
Interior Details
Flooring
See Remarks
Fireplace
No
Heating
None
Cooling
None
Exterior Details
Garage
No
Parking Features
None
Fencing
None
Waterfront
No
Water Source
None
Sewer
None
Taxes, HOA & Financing
HOA Fee Includes
None
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Listing Provided By
Mark Mellon-Werch, (512) 483-6000, [email protected], Berkshire Hathaway TX Realty
Source
Unlock MLS, MLS#: ACT6086199
Property History
DateEventPrice
6/3/2026
Listed for sale
$3,000,000
Source:Unlock MLS #ACT6086199
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