Search Land - PRICE REDUCED - 19.8+/- Acre Multifamily Development Site | San Marcos, TX
PRICE REDUCED - 19.8+/- Acre Multifamily Development Site | San Marcos, TX
$3,549,000|Listed: Jan 20, 2025
MLS#1253771
Hunter Rd, San Marcos, Hays County, Texas
Status:Active
Property Type
- Acreage
Acreage
19.8 acres
County
Hays, Texas
Format
Sale
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 19.8+/- acre entitled multifamily
development Site located along Hunter Road, less than a half mile northwest of Interstate 35, in San Marcos, TX (the “Site”). The Site comes with fully engineered plans for a 297 unit,
3-story garden-style build out within 14 buildings. The Seller will convey the following at closing: architectural plans, engineering plans, and select third party reports. The Site is
accessible via Hunter Road and is very close to the San Marcos Premium Outlets, HEB, Starbucks, and Target. The Site is located within a Tax Increment Reinvestment Zone (TIRZ) with
potential funds reserved to reimburse developers for select eligible expenses, Purchaser to verify. This exceptionally well-located Property recently had its price reduced from $22,559
per unit down to a price of only $19,500 per developable unit.
To gain access to the Due Diligence Vault click on the link below:
https://docsend.com/view/s/dbefju2rvphaq834
Listing Agent

Jordan Cortez
Co-Op Member Owner
Vanguard Real Estate Advisors
Dallas
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