Search Land - PRICE REDUCED - 19.8+/- Acre Multifamily Development Site | San Marcos, TX

PRICE REDUCED - 19.8+/- Acre Multifamily Development Site | San Marcos, TX

price

$3,549,000|Listed: Jan 20, 2025

MLS#1253771

location

Hunter Rd, San Marcos, Hays County, Texas

Status:Active

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Property Type

  • Acreage

Acreage

19.8 acres

County

Hays, Texas

Format

Sale

Documents

Marketing Flyerdownload
San Marcos Marketing Flyerdownload

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

img

Jordan Cortez

Co-Op Member Owner

company

Vanguard Real Estate Advisors

location

Dallas

Co-op approved lenders in Hays County, Texas:
Farm Credit
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