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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

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Investment Highlights

  • Hard Corner
  • Multifamily Potential
  • 2,100+ feet of Highway Frontage
  • City Water & Sewer

Executive Summary

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.
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
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Auto Dealership
  • Master Planned Community
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
  • Unknown
Total Lot Size 17.60 AC
Opportunity Zone Yes
Zoning Commercial - Commercial

1 Lot Available

Lot

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

Property Taxes

Parcel Number
27899
Land Assessment
$163,694 CAD
Improvements Assessment
$0 CAD
Total Assessment
$163,694 CAD
  • Listing ID: 39419105

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 600 NW River rd, Martindale, TX 78655

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