Excellent OCL property located between San Marcos and Seguin on SH 123. This property has approx. 530’ of frontage on State Hwy 123 and over 2000’ of frontage on Beback Inn Rd. With over 16,000 cars daily and close proximity to San Marcos, it is located in the path of progress along one of the busiest arteries between IH35 and IH 10. Potential for SFR, multifamily, industrial, or commercial use.
Courtesy: Real Broker, LLC
855-450-0442
Perfect investment for business or homestead! Centrally located home with Mixed Use Zoning close to TX State University and Downtown. Make this your new home. Or other uses approved are short term rentals, specific commercial on bottom with loft apartments, Restaurants among many others. The possibilities are endless.
Courtesy: Texas Ally Real Estate Group
512-763-2559
Unique covered land play with solid current income and long term development upside. Location just out San Marcos city limits in the ETJ , mid- to long-term highest and best is likely to development multi-story apartment complex to serve San Marcos and its explosive long term growth. San Marcos and Central Hays Co is perhaps the most strategic location in the state for investors with a long horizon, centrally located between Austin and San Marcos along the I-35 corridor, ideal for a long term income development play. San Marcos projected to reach over 140,000 residents by 2035. Robust rental market with the additional growth of Texas State, itself projected to reach over 50,000 students by 2033. Currently 14 rental units of various size and era. Owners made substantial improvements in 2022-2023 to stabilize the property, substantially increasing Gross Rents and Operating Income YOY even in a soft rental market. 2025 Total Operating Income over $180,000, NOI just over $60,000. Entry level units that have low vacancy rates in the competitive San Marcos rental market. Recently built Whispering Pointe Apartments is the perfect template for the long term development play, only 0.4 miles to the north on Harris Hill, as critical infrastructure continues to get closer to the site. Being in the ETJ and unrestricted, proximity to central San Macros with none of the challenges of developing in the city. The city limit is literally on the rear property line. Solid current income with clear long term growth and development upside. Unique opportunity to get into this highly sought after, high growth area. Contact LA for more detailed information.
Courtesy: Keller Williams Realty
512-448-4111
Christ Life SMTX Fully Entitled 10.13± Acres Near the San Marcos Regional Airport. This fully entitled 10.13-acre commercial property in Hays County offers a rare opportunity for buyers seeking a development-ready site near the San Marcos Regional Airport. The land includes two 2024 structures—a 6,500 SF glass-front facility purchased from Enchanted Ranch and partially erected, along with a 5,000 SF church building—providing an excellent foundation for future expansion. Extensive groundwork has already been completed, including ETJ Release (RETJ-23-06), a Hays County–approved driveway permit, an approved site development plan, core sampling, and a successful FEMA floodplain challenge. Utilities are accessible, and the property benefits from quick connections to Hwy 21, Hwy 80, and I-35. Nonprofit ownership may offer certain tax advantages to qualified buyers (buyer to verify), making this a strong fit for schools, faith-based campuses, wellness or retreat facilities, educational or vocational programs, event uses, or mission-driven organizations. With significant entitlement work already done and key improvements in place, the site is positioned for immediate vision execution.
Beautiful 10-Acre Tract on FM 621 — Minutes from San Marcos! Rare opportunity to own 10 acres of unrestricted land with excellent FM 621 frontage, ideal for residential, agricultural, or commercial use. Conveniently located just outside San Marcos with easy access to HWY 123, I-35, and the rapidly growing corridor toward Seguin and New Braunfels. This prime property sits in one of Central Texas’s fastest-growing areas. The land offers a mix of open pasture and light tree cover, creating an ideal setting for a dream home, small ranch, or future business venture. Currently ag-exempt for low taxes, with level, usable terrain and paved road access, this tract provides both versatility and potential. Enjoy peaceful country living while staying close to San Marcos shopping, dining, Texas State University, and the scenic San Marcos River — just minutes away! Property Highlights: • Approx. 10 Acres (from larger 11-acre tract) • Excellent FM 621 frontage with easy access • Agricultural exemption for low property taxes • No HOA / Light restrictions • San Marcos CISD school district • Level, buildable terrain — ready for development • Ideal for residential, agricultural, or commercial use Bring your vision — whether building your forever home, creating a small farm, or securing a strategic investment near San Marcos, this property delivers exceptional flexibility and future potential.
Courtesy: Sky Realty
512-342-8744
Location, Location, Location, commercial business tenants. Surrounded by development of San Marcos along IH35 Frontage Rd, corner lot, high traffic; seller finance possible.
Courtesy: Kelly Right Real Estate of Tex
844-535-5974
Seller Financing Available. Located in the heart of San Marcos’ rapidly growing South Square District, 209 & 215 Cheatham Street offer a prime ±0.65-acre infill development site with exceptional flexibility and visibility. Zoned CD-5D (Downtown Character District) one of the city’s most versatile mixed-use designations. Supports higher-density residential, live-work, retail, hospitality, and mixed-use development. Developers can pursue either a fee-simple resale or rental-income strategy, with zoning allowing up to 24 units per acre for townhomes, multifamily, boutique commercial, or shopfront mixed-use concepts in a walkable urban setting. The site provides over 150 feet of frontage at Cheatham & McKie, with city water, wastewater, and electric available at the street, reducing start-up costs and accelerating development timelines. A recent survey is included. With the parcels positioned side-by-side, investors can design a unified site plan that consolidates parking, utilities, and circulation for greater efficiency, phased development, or shared infrastructure. The location offers strong long-term fundamentals: just ½ mile to Downtown San Marcos, 1 mile to Texas State University, and walking distance to local venues including Patio Dolcetto, Triple Six Social, and The Davenport. The San Marcos River is only blocks away, with connectivity to Austin and San Antonio via I-35 and Highway 123. For investors seeking a ready-to-build Central Texas opportunity with rare zoning flexibility, walkability, utilities in place, and accelerating demand, the Cheatham & McKie tract is a compelling mix of location, infrastructure, and development potential in one of San Marcos’ most active redevelopment corridors.
Courtesy: Kelly Right Real Estate of Tex
844-535-5974
Seller Financing Available. Located in the heart of San Marcos’ rapidly growing South Square District, 209 & 215 Cheatham Street offer a prime ±0.65-acre infill development site with exceptional flexibility and visibility. Zoned CD-5D (Downtown Character District) one of the city’s most versatile mixed-use designations. Supports higher-density residential, live-work, retail, hospitality, and mixed-use development. Developers can pursue either a fee-simple resale or rental-income strategy, with zoning allowing up to 24 units per acre for townhomes, multifamily, boutique commercial, or shopfront mixed-use concepts in a walkable urban setting. The site provides over 150 feet of frontage at Cheatham & McKie, with city water, wastewater, and electric available at the street, reducing start-up costs and accelerating development timelines. A recent survey is included. With the parcels positioned side-by-side, investors can design a unified site plan that consolidates parking, utilities, and circulation for greater efficiency, phased development, or shared infrastructure. The location offers strong long-term fundamentals: just ½ mile to Downtown San Marcos, 1 mile to Texas State University, and walking distance to local venues including Patio Dolcetto, Triple Six Social, and The Davenport. The San Marcos River is only blocks away, with connectivity to Austin and San Antonio via I-35 and Highway 123. For investors seeking a ready-to-build Central Texas opportunity with rare zoning flexibility, walkability, utilities in place, and accelerating demand, the Cheatham & McKie tract is a compelling mix of location, infrastructure, and development potential in one of San Marcos’ most active redevelopment corridors.
Courtesy: KELLER WILLIAMS ADVANTAGE
254-751-7900
Are you looking for your next investment or for a property that will pay for itself? This may be the property that you are looking for! Multifamily residential. This is a 2-story, fourplex. Four units: 1-2bd1ba, 3-1bd1ba. Fully leased and great income producing property. Great opportunity for investor or buyer. Live in one side and make income off of other 3 units or rent all four units. Great proximity to IH35, near rivers, Texas State, Shops, restaurants, hospitals and more. There is potential to purchase 5 other duplexes.
Courtesy: Realty One Group Prosper
512-523-5663
Opportunity for both owner/operators or investors. Property includes a 1,382 sf home that could double as a residence or office as well as a new 2,400 sf (40'x60') Industrial building. Water (Crystal Clear SUD), electric, and septic on site.
Courtesy: eXp Realty, LLC
888-519-7431
Beautiful 10-Acre Tract on FM 621 — Minutes from San Marcos! Rare opportunity to own 10 acres of unrestricted land with excellent FM 621 frontage, ideal for residential, agricultural, or commercial use. Conveniently located just outside San Marcos with easy access to HWY 123, I-35, and the rapidly growing corridor toward Seguin and New Braunfels. This prime property sits in one of Central Texas’s fastest-growing areas. The land offers a mix of open pasture and light tree cover, creating an ideal setting for a dream home, small ranch, or future business venture. Currently ag-exempt for low taxes, with level, usable terrain and paved road access, this tract provides both versatility and potential. Enjoy peaceful country living while staying close to San Marcos shopping, dining, Texas State University, and the scenic San Marcos River — just minutes away! Property Highlights: • Approx. 10 Acres (from larger 11-acre tract) • Excellent FM 621 frontage with easy access • Agricultural exemption for low property taxes • No HOA / Light restrictions • San Marcos CISD school district • Level, buildable terrain — ready for development • Ideal for residential, agricultural, or commercial use Bring your vision — whether building your forever home, creating a small farm, or securing a strategic investment near San Marcos, this property delivers exceptional flexibility and future potential.
Courtesy: McNabb & Company Real Estate S
512-667-9129
An outstanding opportunity to acquire two adjoining properties in the heart of San Marcos—just a short walk from Texas State University and the Historic Downtown Square. This package includes a commercial building at 521 W Hutchison St and a multifamily property at 525 W Hutchison St, combining steady rental income with exceptional long-term potential. The commercial building zoned Mixed Use (521 W Hutchison St) features adaptable office or retail space with excellent street visibility, convenient parking, and flexible layouts—ideal for professional services, creative businesses, or boutique retail users. -- Next door, the multifamily property (525 W Hutchison St) includes two well-performing rental units: Unit A: 3 bed, 2 bath - historically leased for $2,100/month Unit B: 5 bed, 3 bath - features two refrigerators and two washer/dryer sets, historically leased for $2,900/month. Both units have shown strong occupancy and appeal to students and young professionals seeking proximity to campus and downtown amenities. -- Together, 521–525 W Hutchison St presents an attractive investment with diverse income streams, walkable convenience, and redevelopment potential under the city’s accommodating downtown zoning. Whether for an investor seeking dependable returns or an owner-user looking for a mixed-use asset with upside, this offering stands out as a rare opportunity in one of San Marcos’s most desirable locations.
An outstanding opportunity to acquire two adjoining properties in the heart of San Marcos—just a short walk from Texas State University and the Historic Downtown Square. This package includes a commercial building at 521 W Hutchison St and a multifamily property at 525 W Hutchison St, combining steady rental income with exceptional long-term potential. The commercial building zoned Mixed Use (521 W Hutchison St) features adaptable office or retail space with excellent street visibility, convenient parking, and flexible layouts—ideal for professional services, creative businesses, or boutique retail users. -- Next door, the multifamily property (525 W Hutchison St) includes two well-performing rental units: Unit A: 3 bed, 2 bath - historically leased for $2,100/month Unit B: 5 bed, 3 bath - features two refrigerators and two washer/dryer sets, historically leased for $2,900/month. Both units have shown strong occupancy and appeal to students and young professionals seeking proximity to campus and downtown amenities. -- Together, 521–525 W Hutchison St presents an attractive investment with diverse income streams, walkable convenience, and redevelopment potential under the city’s accommodating downtown zoning. Whether for an investor seeking dependable returns or an owner-user looking for a mixed-use asset with upside, this offering stands out as a rare opportunity in one of San Marcos’s most desirable locations.
Courtesy: Texias LLC
512-842-2006
9,434 sq.ft office building divided into three suites. Two suites are occupied by national legal and medical tenants. Suite 102 is vacant. Property is well located for professional office and within walking distance of the Hays County Government Building. Property has been used as a developers office as well as a real estate title company. The Suite has 4,219 SF with 11 offices, reception, conference room, break room, two File/Supply rooms, Low Voltage closet, & 4 bathrooms. Suite 102 will be leased or can be occupied by owner/operator.
Courtesy: Lone Star Real Estate Group
512-557-3288
Prime Heavy Industrial Zoned property offers ~3.5 acres in the heart of San Marcos. This versatile property and its zoning presents significant possibilities for investors, developers, and owner operators with its prime location, adaptable use, and long-term growth potential. Conveniently located minutes from I-35, major distribution routes, and Texas State University.
Courtesy: All City Real Estate Ltd. Co
866-277-6005
A Prime corner lot, this infill redevelopment opportunity is within walking distance of Texas State University. With highly desirable CD-4 zoning, this .8 acre lot allows for a wide range of redevelopment options including multi-family, townhomes, offices, convenience store, commercial, retail, etc. Up to 3 stories can be built on the property. There is currently an 8" water line and a 12" wastewater line running along the property line on Chestnut Street. The house was previously rented for $2,500/month, but it is currently vacant. Please refer to the San Marcos Land Development Code Under Chapter 4 for the full range of development possibilities. Located in an Opportunity Zone. Buyers to do their own due diligence to verify future development. See documents for the survey and the zoning outline.
Courtesy: Central Metro Realty
512-454-6873
Private home and tiny home on 1 acre with a pool. Total acreage is 13.71 acres of commercial land currently being used as a trucking business base. Excellent for a trucking business to take over (business, trucks and equipment can be negotiated separately). There is currently a lease on about 3 acres on back of the property. Land straddles Harris Hill Rd and new CR 110. Amazon is within 2 miles of property and located so for other commercial possibilities. Call for a private tour.
Location, Location, Location, rare opportunity to develop in a thriving, high-demand area with excellent proximity to major attractions and thoroughfares. Potential 7 +/- ACRE with outstanding visibility and road frontage on Highway 21. Excellent opportunity for development, bring your ideas to work, many potentials. In one of the fastest growing markets in San Marcos, Easy access to Hwy 21, Hwy 80 & IH 35.
Courtesy: Andrew Phillips, Broker
830-237-5356
Prime Commercial Office Property Rare I-35 Corridor Opportunity - First Time on Market Since 2002 This exceptional commercial property offers an unbeatable location directly on the I-35 corridor in San Marcos, strategically positioned between Austin and San Antonio. Despite its high-visibility highway frontage, the property maintains excellent accessibility, making it ideal for businesses seeking both exposure and convenience. Key Features: Location & Access Prime I-35 frontage location with outstanding visibility Highly accessible entry/exit despite highway positioning Situated among established businesses in a proven commercial corridor Parking in both front and rear of building Building Highlights Well-maintained single-story office building with attractive curb appeal Covered front entrance with welcoming columned porch Multiple private offices with intuitive, easy-to-navigate interior layout Move-in ready condition with professional office configuration Investment Opportunity This versatile property presents an excellent opportunity for either owner-occupants or investors. The building's proven track record as professional office space - having served as both an attorney's office and regional corporate office - demonstrates its functionality and appeal to quality tenants. With 22+ years of stable ownership now ending, this represents a rare chance to acquire a turn-key commercial property in one of Texas's fastest-growing corridors. Ideal For: Professional services (legal, medical, accounting, insurance) Regional or satellite offices Real estate brokerages Buy-and-hold investors seeking immediate rental income potential The combination of high-traffic visibility, established commercial surroundings, dual parking areas, and flexible office layout makes this property a standout opportunity in the competitive San Marcos commercial market. Properties of this caliber along the I-35 corridor rarely become available.
Available for the first time since 2002, this exceptional commercial property offers unbeatable positioning directly on the I-35 corridor in San Marcos, strategically located between Austin and San Antonio. The property delivers the perfect combination of high-visibility highway frontage with surprisingly easy accessibility, setting it apart from typical corridor properties. Situated among established businesses in a proven commercial area, this location provides both the exposure and convenience that successful businesses require. The well-maintained single-story office building features attractive curb appeal with a covered entrance and welcoming columned porch. Inside, the intuitive layout offers multiple private offices with an easy-to-navigate floor plan that has served distinguished tenants well, including an attorney's office and most recently a regional corporate office. With convenient parking in both front and rear areas, the property arrives in move-in ready condition ideal for immediate occupancy. This versatile property presents an excellent opportunity for both owner-occupants and investors. Professional service providers, including legal, medical, accounting, and insurance firms, will find the space perfectly suited to their needs, as will companies seeking regional or satellite offices in this thriving market. For investors, the property offers strong potential for immediate rental income in one of Texas's fastest-growing corridors. The combination of prime I-35 visibility, established commercial surroundings, dual parking areas, and flexible office layout creates a standout opportunity that rarely becomes available. After more than two decades of stable ownership, this represents a unique chance to acquire a turn-key commercial property in the competitive San Marcos market, where properties of this caliber are increasingly scarce.RetryClaude can make mistakes. Please double-check responses.
Courtesy: Andrew Phillips, Broker
830-237-5356
PRIME HISTORIC CORNER PROPERTY - DOWNTOWN SAN MARCOS TOWN SQUARE Commanding the premium hard corner of E Hopkins and S Guadalupe Streets in the heart of San Marcos' thriving downtown business district, this 1905 two-story historic brick building offers 17,584 square feet of space on a 9,043 square foot corner lot with direct town square frontage in the Historic District. The property benefits from T-5 zoning allowing flexible mixed-use development and sits within the Central Business Area (CBA), providing relaxed regulations on parking, signage, and on-premise alcohol consumption—ideal advantages for diverse business concepts. As part of the Main Street Program, Texas's oldest accredited program since 1986, the property qualifies for potential historic tax credits and development support. This rare corner property represents an exceptional investment opportunity in one of downtown's most sought-after locations. With a rich history as offices, apartments, and a department store, the building offers flexible redevelopment options for retail, office, residential, hospitality, or entertainment uses, with the second floor ready for transformation. Properties of this caliber and location rarely come to market. Positioned in one of the fastest-growing areas along the I-35 corridor, the property sits within walking distance of restaurants, shops, and entertainment venues. Texas State University's proximity drives consistent demand, while established foot traffic and year-round community events ensure steady activity. This landmark property offers a once-in-a-generation opportunity to shape downtown San Marcos's future while honoring its rich history.
PRIME HISTORIC CORNER PROPERTY - DOWNTOWN SAN MARCOS TOWN SQUARE Commanding the premium hard corner of E Hopkins and S Guadalupe Streets in the heart of San Marcos' thriving downtown business district, this 1905 two-story historic brick building offers 17,584 square feet of space on a 9,043 square foot corner lot with direct town square frontage in the Historic District. The property benefits from T-5 zoning allowing flexible mixed-use development and sits within the Central Business Area (CBA), providing relaxed regulations on parking, signage, and on-premise alcohol consumption—ideal advantages for diverse business concepts. As part of the Main Street Program, Texas's oldest accredited program since 1986, the property qualifies for potential historic tax credits and development support. This rare corner property represents an exceptional investment opportunity in one of downtown's most sought-after locations. With a rich history as offices, apartments, and a department store, the building offers flexible redevelopment options for retail, office, residential, hospitality, or entertainment uses, with the second floor ready for transformation. Properties of this caliber and location rarely come to market. Positioned in one of the fastest-growing areas along the I-35 corridor, the property sits within walking distance of restaurants, shops, and entertainment venues. Texas State University's proximity drives consistent demand, while established foot traffic and year-round community events ensure steady activity. This landmark property offers a once-in-a-generation opportunity to shape downtown San Marcos's future while honoring its rich history.
Courtesy: Muskin Elam Group LLC
512-343-2700
Located less than half a mile from I-35 and just 1.5 miles from both downtown San Marcos and Texas State University, 312 Camacho St. is a distinctive 1960s warehouse offering over 38,000sqft on a 2.1-acre site. Its prime location benefits from adjacency to railroad tracks, close proximity to the Amtrak station, and immediate access to entertainment, bars, microbreweries, restaurants, and local amenities. Multiple grade-level loading doors provide outstanding logistics flexibility for a range of industrial and commercial users. The property is zoned HI (Heavy Industrial), supporting uses such as warehouse and distribution centers, manufacturing, assembly, self-storage, building material sales, and even recycling or wrecking yards. Businesses established here benefit from substantial infrastructure, direct transit and amenity access, and flexibility for growth or adaptation. The property offers genuine long-term redevelopment potential, either as a continued industrial hub or via rezoning. It is surrounded by lots zoned for mixed-use, higher-density residential and “Character District”.
Courtesy: McNabb & Company Real Estate S
512-667-9129
Nearly 1 acre of prime real estate located on the I-35 frontage road - with 100' of frontage - directly next to Habitat for Humanity and a corner lot next to the entrance of the newly built Villas del San Xavier Senior Community. Zoned General Commercial, this property offers excellent visibility and accessibility in one of San Marcos’ busiest retail corridors. Just a stone’s throw from Red Oak Village—home to major retailers like Lowe’s, Sam’s Club, Chick-Fil-A, Best Buy, and Marshalls—this site is ideal for retail, office, automotive, or mixed-use development. Located on the North Bound Frontage Road between major San Marcos arterials - Wonder World Dr and McCarty Lane. New HEB complex being built on McCarty Lane just 1 mile south of the property. Previously operated as an independent auto dealership and repair center. Currently has 30 parking spaces + 2 bays AND the back half of the lot is unused and available for additional growth. Location, visibility, and flexible zoning—this lot checks all the boxes. Don’t miss this rare opportunity in a rapidly growing area.
Approximately 166 feet Hunter road frontage x 1147 feet to railroad tracks. Beautiful property. Excellent location. Close to I35, Kissing Tree, Outlet malls, Convenient access to San Marcos and New Braunfels.
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| This information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Four Rivers Association of Realtors/Central Texas MLS. All rights reserved. |
San Marcos is located in Texas. San Marcos, Texas has a population of 64,812. San Marcos is less family-centric than the surrounding county with 21.87% of the households containing married families with children. The county average for households married with children is 36.07%.
The median household income in San Marcos, Texas is $42,500. The median household income for the surrounding county is $71,061 compared to the national median of $69,021. The median age of people living in San Marcos is 24.9 years.
The average high temperature in July is 94.3 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 35.2 inches per year, with 0.1 inches of snow per year.
