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175 Eastwood Ln - 38 acres in San Marcos, TX 37.83 Acres of Residential Land Offered at $8,475,028 CAD in San Marcos, TX 78666

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Investment Highlights

Location just minutes from Texas State University, a Tier 1 institution with over 40,000 students driving consistent housing demand
Strong fundamentals for student housing and multifamily development backed by durable, demand-driven market dynamics

Located along the high-growth corridor between Austin and San Marcos with increasing development activity

Executive Summary

Location. Scale. Demand.
175 Eastwood is strategically positioned just minutes from Texas State University, a Tier 1 institution with over 40,000 students enrolled and
continuing to grow year over year. This is one of the largest universities in the state, driving consistent, recession-resistant housing demand in the
San Marcos market. The site’s proximity to campus places it directly within the core of student housing demand, where occupancy, rent growth, and absorption have
historically outperformed surrounding markets. For developers, this translates to a deep, reliable tenant base backed by a large and expanding
student population.
Further strengthening the location, the property sits just minutes from the planned $267M Hill Country Studios development, a major catalyst
expected to bring new jobs, residents, and long-term economic growth to the area. Combined with its position along the Austin to San Marcos growth
corridor and proximity to a planned 2,000-acre industrial park, 175 Eastwood offers a rare opportunity to deliver a high-impact student
housing or multifamily project in a market defined by both student-driven demand and regional expansion.
Well located. Demand-driven. Built for scale.

Offering Memorandum

Property Facts

Price	$8,475,028 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Hospitality Airplane Hangar Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Auto Salvage Facility Bank Bar Baseball Field Bowling Alley Carwash Casino Cement or Gravel Plant Cemetery or Mausoleum Chemical or Oil Refinery Community Centre Contractor Storage Yard Daycare Centre Department Store Distribution Drugstore Fast Food Food Processing Funeral Home Garden Centre General Freestanding Golf Course or Driving Range Healthcare Health Club Hold For Development Hold For Investment Horse Stables Hospital Hotel Industrial Live or Work Unit Industrial Park Lodge or Meeting Hall Loft or Creative Space Marina Master Planned Community Medical Motel Movie Theater Movie, Radio or Television Studio Neighbourhood Centre Office Park Open Space Outlet Centre Parking Garage Parking Lot Planned Unit Development Police or Fire Station Post Office Power Centre Public Library Public Park Public Swimming Pool Research and Development Radio or Television Transmission Facility Recycling Centre Refrigeration or Cold Storage Rehabilitation Centre Religious Facility Restaurant Retail Warehouse Schools Self Storage Shelter Single Family Development Specialty, Festival or Entertainment Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket Theater or Concert Hall Trailer or Camper Park Truck Stop Truck Terminal Unknown Utility Substation Veterinarian or Kennel Warehouse Water Retention Facility Winery or Vineyard Single Family Residence
No. Lots	1	Total Lot Size	37.83 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ETJ - Not currently zoned

Price	$8,475,028 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Hospitality Airplane Hangar Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Auto Salvage Facility Bank Bar Baseball Field Bowling Alley Carwash Casino Cement or Gravel Plant Cemetery or Mausoleum Chemical or Oil Refinery Community Centre Contractor Storage Yard Daycare Centre Department Store Distribution Drugstore Fast Food Food Processing Funeral Home Garden Centre General Freestanding Golf Course or Driving Range Healthcare Health Club Hold For Development Hold For Investment Horse Stables Hospital Hotel Industrial Live or Work Unit Industrial Park Lodge or Meeting Hall Loft or Creative Space Marina Master Planned Community Medical Motel Movie Theater Movie, Radio or Television Studio Neighbourhood Centre Office Park Open Space Outlet Centre Parking Garage Parking Lot Planned Unit Development Police or Fire Station Post Office Power Centre Public Library Public Park Public Swimming Pool Research and Development Radio or Television Transmission Facility Recycling Centre Refrigeration or Cold Storage Rehabilitation Centre Religious Facility Restaurant Retail Warehouse Schools Self Storage Shelter Single Family Development Specialty, Festival or Entertainment Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket Theater or Concert Hall Trailer or Camper Park Truck Stop Truck Terminal Unknown Utility Substation Veterinarian or Kennel Warehouse Water Retention Facility Winery or Vineyard Single Family Residence
Total Lot Size	37.83 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ETJ - Not currently zoned

1 Lot Available

Lot

Price	$8,475,028 CAD	Lot Size	37.83 AC
Price Per AC	$224,029.29 CAD

Price	$8,475,028 CAD
Price Per AC	$224,029.29 CAD
Lot Size	37.83 AC

±37.83 acre tract in San Marcos with rolling terrain, partial tree coverage, and access via Eastwood Ln. Utilities nearby (buyer to verify). Located near Texas State University in a high-growth corridor with strong development activity.

Description

Location. Scale. Demand. 175 Eastwood is strategically positioned just minutes from Texas State University, a Tier 1 institution with over 40,000 students enrolled and continuing to grow year over year. This is one of the largest universities in the state, driving consistent, recession-resistant housing demand in the San Marcos market. The site’s proximity to campus places it directly within the core of student housing demand, where occupancy, rent growth, and absorption have historically outperformed surrounding markets. For developers, this translates to a deep, reliable tenant base backed by a large and expanding student population. Further strengthening the location, the property sits just minutes from the planned $267M Hill Country Studios development, a major catalyst expected to bring new jobs, residents, and long-term economic growth to the area. Combined with its position along the Austin to San Marcos growth corridor and proximity to a planned 2,000-acre industrial park, 175 Eastwood offers a rare opportunity to deliver a high-impact student housing or multifamily project in a market defined by both student-driven demand and regional expansion. Well located. Demand-driven. Built for scale.

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