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: Warren Realty Company
512-787-0047
Located along the highly trafficked Interstate 35 corridor, 1910 IH-35 South in San Marcos, Texas presents a rare opportunity to acquire a strategically positioned commercial/industrial asset in the direct path of Central Texas explosive growth. The property consists of an approximately 11,500 square foot industrial/flex facility situated on 1.65 acres, offering a functional layout supported by 3-phase power, ample yard/parking capacity, and heavy commercial zoning (HC)-a combination that allows for a wide range of uses. San Marcos continues to experience robust population and economic growth, supporting long-term value appreciate and demand for well-located commercial assets.
The property is uniquely situated off of Hunter Road just south of Wonderworld Drive allowing it to be offered at a sales price that is well below other properties in the immediate vicinity. Uses for the property range from retail sales such as a live plant and tree operations offering pickup and delivery to the public and to the trades by providing a central location for commercial users who may value a temporary holding solution to match their supply of output. Other possible uses are to provide commercial storage options closer than competitive offerings which typically are located on the periphery of the city rather than it its interior, saving time and transportation to use. The central location along the major arterials of Hunter Road and the Wonderworld Extension gives easy access to San Antonio, Austin, Wimberley and Seguin linking the industrial and manufacturing. While a portion of the property is currently in the flood way and is being offered at a much lower price, this land has significant upside for capital gains as efforts are made to divert and manage rain even flows through the entire area. To the right buyer and user, this property is a high potential asset.
Courtesy: Watters International Realty
512-646-0038
This versatile .89-acre property represents a rare opportunity to secure a high-potential business compound designed for maximum ROI. Featuring two fully updated structures and a footprint that explicitly allows for commercial use, the site is perfectly positioned for a client-facing storefront with an on-site rental, a professional service hub, or a multi-unit income engine. With major infrastructure improvements completed between 2022 and 2025, this property delivers the modern efficiency and flexibility required for a professional live-work environment or a dedicated commercial enterprise. The primary structure at 174 Soul Harvest serves as a sophisticated flagship workspace or creative studio. Spanning approximately 1,400 square feet, this move-in-ready building was fully renovated in 2022 and received a fresh aesthetic update in 2025. The interior is defined by an open-concept layout and durable luxury vinyl flooring, ensuring the space can handle high-traffic commercial activity while maintaining a professional feel. A high-end kitchen with soft-close cabinetry and a primary suite featuring an extended walk-in shower provide the premium amenities necessary for an owner-operator or on-site manager. Complementing the main workspace is the 1,000-square-foot secondary building at 220 Soul Harvest, which functions as high-value flex space or an immediate income producer. This structure has undergone rigorous system overhauls, including new PEX plumbing, new HVAC ducts, a new condenser, and energy-efficient windows. Recent 2024 and 2025 updates to the appliances and bathroom ensure it remains a turnkey asset. Currently occupied by a tenant, this building provides immediate cash flow to offset overhead while the exterior offers a blank canvas for custom branding.
Versatile commercial opportunity in the heart of San Marcos! This freshly painted building at 400 Harvey Street offers flexible space suitable for a wide range of uses including office, medical, dental, retail, restaurant/bar, or salon/spa. The layout provides functionality for both client-facing businesses and professional services, with the potential to customize to your specific needs. Ample on-site parking with 11 dedicated spaces ensures convenience for both customers and staff—an uncommon advantage in this area. Whether you’re launching a new concept or expanding an existing business, this property delivers visibility, accessibility, and adaptability in a growing market.
Courtesy: Hills Of Texas Sky Realty
512-722-3267
This exceptional property offers over 460 feet of prime frontage along FM 32, providing outstanding visibility and access for a wide range of commercial or mixed-use opportunities. The land features a naturally terraced landscape, creating multiple ideal building sites that maximize both functionality and aesthetic appeal. Each elevation reveals sweeping Hill Country views, delivering a stunning backdrop of rolling terrain and expansive skies. Whether envisioned for development, investment, or a private estate with income potential, this property combines high-traffic frontage, versatile topography, and breathtaking scenery into a truly rare offering. Currently there is 1-d-1 Agricultural Valuation on the property substantially decreasing the real estate taxes. Restrictions allow for commercial with “use being approved in writing by the Rancho Ladera Property Owners Association. Located a short 7/10 of a mile from The Junction and its thriving shops and Neon Armadillo restaurant to the east and 1.7 miles to The Honeysuckle and Devil’s Backbone providing food and live music to the west this property is prime for a variety of uses. A short 10 minute drive and you are in the quaint town of Wimberley where you can enjoy a variety of excellent restaurants, shops, wineries and breweries. The possibilities on this property make it truly unique! Neighboring property is Sensa Maeso Tasting Room and Bar described as a “trippy tasting room”. Come see the possibilities for yourself.
Courtesy: Gold Tier Real Estate, LLC
512-674-5727
Gold Tier Real Estate proudly presents 72.923 prime acres along IH-35 in San Marcos, Texas—an exceptional development opportunity in a high-visibility location. The property benefits from over 114,000+ vehicles per day, ensuring outstanding exposure. It is zoned for commercial, light industrial, and heavy industrial use, making it highly versatile for various developments. The level site is ready for construction, with water available at the property and wastewater access nearby. A Union Pacific rail line runs along the western border of the site. The site is within close proximity to transmission lines and a Pedernales Electric substation. Additionally, the seller is open to financing for the right terms, providing flexibility for potential buyers. This is a rare chance to secure a premium site in a rapidly growing corridor. Buyer must conduct independent due diligence. Broker makes no warranties regarding property details. For more information, contact Gold Tier Real Estate today!
Courtesy: Lone Star Real Estate Group
512-557-3288
Exceptional heavy-industrial site offering ±3.56 acres in the core of San Marcos—an increasingly rare opportunity for true in-town industrial land. Positioned within a rapidly growing commercial corridor, this property delivers the zoning, scale, and flexibility needed for a wide range of industrial, logistics, service-based, or redevelopment uses. With Prime Heavy Industrial zoning, the site supports everything from warehousing and fabrication to fleet operations, yard storage, and future expansion projects. Its strategic location—minutes from I-35, major distribution arteries, and Texas State University—provides unmatched access for regional connectivity, workforce availability, and long-term appreciation. Whether you’re an investor seeking a land-bank play, a developer targeting infill industrial demand, or an owner-operator needing a centrally located base of operations, this property offers rare versatility and strong growth potential in one of Texas’ fastest-expanding markets.
Courtesy: The Damron Group REALTORS
512-392-7653
Excellent owner-user or investment opportunity in the heart of San Marcos. This 3,000 SF commercial building, situated on 1.2 acres, is zoned Community Commercial and offers flexibility for a variety of office, medical, or service-oriented uses. Formerly operated as an accounting office, the property is well-configured for professional occupancy. The building features three separate entrances, providing the potential to accommodate multiple tenants or a single user. With approximately 20 parking spaces and convenient access to Interstate 35, the property offers accessibility in a centrally located setting. **No Survey
A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 12 units in a single transaction is exceedingly rare in Central Texas, delivering immediate scale, operational efficiency, and a diversified income stream from Day 1. All units share the same 2BR/2BA configuration, simplifying management, unit turns, and capital planning. San Marcos sits at the nexus of the I-35 corridor between Austin and San Antonio, home to 4 million+ residents and growing. Hays County has ranked among the fastest-growing counties in the nation for over a decade. Texas State University (38,000+ enrollment) anchors consistent renter demand, while proximity to Austin's tech economy and San Antonio's healthcare and military sectors add further depth. Proven Income, Four Consecutive Years of Growth Gross rental income has grown every year since 2022, from $151,541 to a projected $161,511 in 2025 (2.1% CAGR). Current rents remain $187 to $287/unit below market comparables of $1,350 to $1,450, representing meaningful upside captured organically as leases renew. $150,000 Per Door, Below Replacement Cost New construction in San Marcos routinely exceeds $200,000 per door. The buyer acquires stabilized, income-producing assets with existing tenants and management infrastructure. No construction risk, no lease-up period, no development timeline. Built in 2012 with a strong remaining useful life on all major systems. Twelve contiguous units across three adjacent parcels create exceptional leverage: one property manager, consolidated vendors, portfolio insurance, and unified accounting, all improving net cash flow versus scattered single-family rentals.
Courtesy: The Damron Group REALTORS
512-392-7653
**Rare opportunity, endless possibilities! This property is over 5,000 SF including 5 bdrms, 4.5 baths, 3 indoor kitchens, multiple storage rooms and closets, greenhouse with outdoor kitchen, and a sparkling pool. Currently one townhouse with ADU but could easily be converted into 3 units; each exits to courtyard and pool. Walking distance to downtown, TXST, and steps away from the Historic District.
Commercially zoned Interstate Highway frontage property that is priced to sell! This unimproved 1 acre commercial lot is located on the northbound side of IH-35 conveniently located as you come off Exit 207- River Ridge Parkway in San Marcos, TX. This property has high visibility with over 13,000 annual average passing vehicles per day according to TXDot Traffic Count and includes curb cut. Currently zoned "Mixed Use" which is considered a "Legacy District". Allowable uses within this district can be found in Section 9.3.1.2 (Land Use Matrix). This property is close to Apartments, hotels and commercial retail businesses.
Courtesy: eXp Realty, LLC
888-519-7431
Rare opportunity to own nearly 2.77 acres of Blanco River frontage in San Marcos. This offering includes two adjacent tracts totaling 120,661 sq ft with rolling terrain and scenic river views. Located in the ETJ with no zoning, providing flexibility for a variety of uses. Ideal for a private retreat, recreational use, or future development. Property is in the 100-year floodplain buyer to verify intended use and requirements. No utilities currently on site. Survey and aerials available. Peaceful Hill Country setting with convenient access to I-35, Texas State University, and all that San Marcos has to offer. A unique chance to secure riverfront land in a rapidly growing area.
Courtesy: Atlas Realty
512-280-9057
74 Acre Development Opportunity or Turn-key, Income-producing investment! Being sold All-or-Part of 3 tracts. Tract 1: Kid Ranch Properties LLC 24 Acres 26 income producing properties 29,000 sq ft of residential lease property (25 structures) 3600 sq ft of commercial space on Staples Rd (currently leased) 5 lots available to add additional homes 2 Commercial lots on Staples Rd frontage All homes on Crystal Clear Water, Bluebonnet Electric, and individual septic Tract 2: Kid Ranch Storage 15 acres Planned for a self-storage facility Water and electric at the street. Commercial Staples Rd Frontage lot Tract 3: 35 acres of AG land suited to develop Lots of Opportunity!
Prime opportunity to develop in the established Stagecoach Trail Professional Center in San Marcos, Texas. This vacant, buildable lot is zoned OP (Office Professional), offering an ideal setting for medical, legal, financial, or professional office use. With approximately 8,670 square feet of potential buildable space, this property is perfectly suited for an owner-user or investor looking to design and construct a custom office tailored to their business needs. Located in a growing and highly accessible area of San Marcos, this professional center provides a strong business environment with surrounding office and commercial activity. Easy access to major thoroughfares, proximity to Texas State University, and continued growth in the San Marcos corridor make this an excellent long-term investment. Bring your vision and build your business presence in one of Central Texas’ most desirable and expanding markets.
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: 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: Monica & Company Real Estate
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.
 |
| 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.
