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321 S LBJ Dr
San Marcos, TX 78666
Land For Sale
·
0.42 AC
Investment Highlights
- Historic property originally built in 1878, offering unique architectural character and restoration potential.
- Zoned DCD-5, allowing for a mix of retail, office, residential, or short-term rental uses.
- High-visibility corner lot with strong pedestrian and vehicular traffic exposure.
- Prime location just steps from Downtown San Marcos and four blocks from Texas State University.
- Over 2,900 square feet of flexible space across two floors, suitable for multiple configurations.
- Convenient access to I-35 and within 30 miles of both Austin and San Antonio, enhancing regional connectivity.
Executive Summary
Located just one block from the Hays County Courthouse Square and four blocks from Texas State University, the site enjoys visibility and high pedestrian traffic in the city’s cultural and business hub. At 0.31 acres, the property also provides future reconfiguration or redevelopment opportunities, including potential relocation options. Proximity to key retail, dining, and entertainment enhances its investment appeal for both owner-users and developers seeking growth in the high-demand Central Texas corridor.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Property Type | Land | Year Built | 1988 |
| Zoning | DCD-5 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.42 AC |
| Year Built | 1988 |
| Zoning | DCD-5 |
1 Lot Available
Lot
| Price | $1,112,216 CAD | Lot Size | 0.31 AC |
| Price Per AC | $3,587,793.53 CAD |
| Price | $1,112,216 CAD |
| Price Per AC | $3,587,793.53 CAD |
| Lot Size | 0.31 AC |
15.39 acres of developable land with income producing features to cover holding cash flow expenses.
Description
The property at 321 S LBJ Dr in San Marcos, Texas, is positioned within an established downtown district approximately 0.5 miles from Interstate 35. It consists of an historical two-story structure containing 2,962 sq. ft., originally built in 1878 and relocated in 1988. The 0.31-acre parcel is zoned Downtown Character District 5, which allows for a range of commercial and residential uses. The site is located adjacent to the Hays County Courthouse Square and within walking distance of Texas State University. Connectivity to regional markets is provided via Interstate 35, while the property is situated approximately 36 miles from Austin-Bergstrom International Airport and 44 miles from San Antonio International Airport.
Property Taxes
| Parcel Number | R32215 | Improvements Assessment | $260,510 CAD |
| Land Assessment | $173,797 CAD | Total Assessment | $434,308 CAD |
Property Taxes
