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322 Linda Dr - 1.3 Acre Residential Development Land 1.34 Acres of Commercial Land Offered at $511,372 CAD in San Marcos, TX 78666

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Investment Highlights

Development Opportunity
Mixed-Use Multi-family development

Motivated Seller

Executive Summary

Prime investment opportunity. Redevelopment upside - current zoning allows up to 7 units commercial and/or residential, but city is open to rezoning to up to 24 units. Strong location for future growth between Austin and San Antonio - in the heart of San Marcos.

Property Facts

Price	$511,372 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Multifamily Apartment Units Master Planned Community Planned Unit Development Single Family Development
No. Lots	1	Total Lot Size	1.34 AC
Property Type	Land	No. Stories	1
Zoning	SF-6 - Mixed use up to 7 commercial and/or residential units. Live/Work. Density and land use allow for rezoning to add additional units.

Price	$511,372 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units Master Planned Community Planned Unit Development Single Family Development
Total Lot Size	1.34 AC
No. Stories	1
Zoning	SF-6 - Mixed use up to 7 commercial and/or residential units. Live/Work. Density and land use allow for rezoning to add additional units.

1 Lot Available

Lot

Price	$511,372 CAD	Lot Size	1.34 AC
Price Per AC	$381,906.27 CAD

Price	$511,372 CAD
Price Per AC	$381,906.27 CAD
Lot Size	1.34 AC

This 1.34 acrea commercial development opportunity includes two income-producing units; one 2/1 mobile home and one 3/1 house. Additionally the property features a large empty level lot for future development.

Description

This 1.34 acrea commercial development opportunity includes two income-producing units; one 2/1 mobile home and one 3/1 house. There are three more mobile homes that are in need of remodel or tear down. Additionally the property features a large empty level lot for future development. House is rented at $1400 per month and mobile home is listed at $1050 per month.

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