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Old Bastrop HWY/SH 123
San Marcos, TX 78666
 Old Bastrop HWY/SH 123 · Land For Sale · 7.68 AC

Commercial Land Properties Texas San Marcos Old Bastrop HWY/SH 123, San Marcos, TX 78666

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Investment Highlights

  • No zoning restrictions, enabling multiple development possibilities.
  • Large surrounding workforce base and strong population growth in the San Marcos area.
  • Excellent visibility and access from SH 123 and Old Bastrop Hwy.

Executive Summary

This 7.68-acre parcel offers a significant opportunity along the SH 123 corridor in San Marcos, a rapidly expanding city situated between Austin and San Antonio. The site provides direct frontage on two key access points—Old Bastrop Highway and State Highway 123—ensuring exceptional visibility for future development. Located in an area projected for robust growth, the property’s versatile no-zoning designation allows for a wide range of uses, including commercial retail, office space, and multifamily housing.
The surrounding environment includes thriving residential communities, major retailers, educational institutions, and easy access to IH-35 and SH-80, making it highly appealing for both investors and developers. Connectivity and infrastructure position this tract to capitalize on both local and regional demand for mixed-use and service-driven developments.

Property Facts

Sale Type Investment Property Subtype Commercial
No. Lots 1 Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • General Freestanding
  • Restaurant
  • Storefront, Retail or Office
  • Unknown
Property Type Land Total Lot Size 7.68 AC
Zoning None - No Zoning
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • General Freestanding
  • Restaurant
  • Storefront, Retail or Office
  • Unknown
Total Lot Size 7.68 AC
Zoning None - No Zoning

1 Lot Available

Lot

Lot Size 7.68 AC
Lot Size 7.68 AC

Legal Description of property A0046 Rebecca Survey, Acres 7.6826

Description

Positioned along Old Bastrop Highway and State Highway 123, this 7.68-acre tract offers a prime development opportunity in one of Central Texas’ fastest-growing markets. The site sits in a high-visibility corridor with strong traffic counts and easy accessibility to Interstate 35 and SH 80, connecting San Marcos to both Austin and San Antonio. With no zoning restrictions, this property allows for exceptional flexibility, accommodating a wide range of uses such as commercial retail, office, mixed-use, or multifamily projects. The area is experiencing accelerated population growth and substantial residential development, creating demand for new services and amenities. Surrounding infrastructure includes major regional employers, educational institutions, and healthcare facilities, ensuring a strong consumer base and workforce within close proximity. This location’s strategic positioning provides developers and investors with a unique opportunity to establish a significant presence in a thriving economic corridor.

Property Taxes

Parcel Number R88986 Improvements Assessment $0 CAD
Land Assessment $683,920 CAD Total Assessment $683,920 CAD

Property Taxes

Parcel Number
R88986
Land Assessment
$683,920 CAD
Improvements Assessment
$0 CAD
Total Assessment
$683,920 CAD
 

  • Listing ID: 26582945

  • Date on Market: 2022-09-08

  • Last Updated:

  • Address: Old Bastrop HWY/SH 123, San Marcos, TX 78666

The San Marcos Land Property at Old Bastrop HWY/SH 123, San Marcos, TX 78666 is currently available. Contact M & Co for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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