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600 NW River rd - Multifamily Development Site 17.6 Acres of Commercial Land Offered at $4,818,141 CAD in Martindale, TX 78655



Investment Highlights
- Hard Corner
- Multifamily Potential
- 2,100+ feet of Highway Frontage
- City Water & Sewer
Executive Summary
Per the seller, the site supports development of up to 320 multifamily units, with potential flexibility for supporting commercial or mixed-use components. The property is located within city limits, carries a commercial zoning designation, and is served by city water and sewer — providing key infrastructure advantages for development.
Strategically positioned near the San Marcos River and Texas State University, the site benefits from strong rental demand, expanding residential growth east of San Marcos, and proximity to major employment and retail corridors.
This offering provides scale, frontage, utilities, and zoning in one of the region’s expanding submarkets.
Property Summary:
17.6 Acres
Hard Corner Location (Hwy 80 & Quail Run)
2,100+ FT of Highway Frontage
Up to 320 Units (per seller)
Commercial Zoning
City Water & Sewer
Minutes to San Marcos, I-35 & Texas State University
Property Facts
| Price | $4,818,141 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 17.60 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Commercial - Commercial | ||
| Price | $4,818,141 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.60 AC |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial |
1 Lot Available
Lot
| Price | $4,818,141 CAD | Lot Size | 17.60 AC |
| Price Per AC | $273,758.01 CAD |
| Price | $4,818,141 CAD |
| Price Per AC | $273,758.01 CAD |
| Lot Size | 17.60 AC |
A021 PETTUS, WILLIAM, ACRES 17.6
Description
Prime 17.6-acre multifamily development opportunity located at the hard corner of Highway 80 and Quail Run in Martindale, Texas. The property offers over 2,100 feet of frontage along Highway 80, delivering exceptional visibility and access along a high-growth corridor just minutes from San Marcos and I-35. Per the seller, the site supports development of up to 320 multifamily units, with potential flexibility for supporting commercial or mixed-use components. The property is located within city limits, carries a commercial zoning designation, and is served by city water and sewer — providing key infrastructure advantages for development. Strategically positioned near the San Marcos River and Texas State University, the site benefits from strong rental demand, expanding residential growth east of San Marcos, and proximity to major employment and retail corridors. Property Summary: 17.6 Acres Hard Corner Location (Hwy 80 & Quail Run) 2,100+ FT of Highway Frontage Up to 320 Units (per seller) Commercial Zoning City Water & Sewer Minutes to San Marcos, I-35 & Texas State University
Property Taxes
| Parcel Number | 27899 | Improvements Assessment | $0 CAD |
| Land Assessment | $163,694 CAD | Total Assessment | $163,694 CAD |
Property Taxes
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600 NW River rd - Multifamily Development Site
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