Craddock Avenue Ranch
57+ acre Legacy Ranch encircled 360° by protected Greenbelt- prime for MegaRanch or estate home lots
Marketing description
57+ acre Legacy Ranch encircled 360° by protected Greenbelt located in the Heart of San Marcos. Ideal for land-hold investment, custom home site development, one-of-a-kind estate home lots encircled by parkland, multi-generation family compound, or preservation. Rare opportunity in the heart of San Marcos off Craddock Ave.
Agricultural exemption for low taxes and low carry cost. Property has 2 long-term tenants that cover taxes and ranch management.
Ranch features 2 simple ranch houses (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and stock tank. The landscape features a combination of wide-open pastures, mature woodlands and wet-weather creeks. Great drone footage of this beautiful Ranch on the virtual tour!
Comprehensive Site Investigation Report by Mahoney Engineering, Phase 1 Environmental Study, and recent ALTA survey available.
This 57+ acre parcel lends itself to low density development such as one-of-a-kind estate home lots on acreage. Potential lot yield could be between 15-25 lots. Factors suggesting low-intensity development are FD zoning classification, seasonal creek that bisects the property, floodplain constraints, Edwards Aquifer Recharge Zone, and lack of street frontage. Property lies within San Marcos full-purpose jurisdiction. Preliminary Plat Proposal from Mahoney Engineering available.
This 57+ acre Gem is located in the middle of protected Greenbelt parkland inside San Marcos which protect the value for long-term investment. Rare development opportunity.
Secondary address is 1661 Valencia Way. Access is via private road through the park. Contact listing agent with questions or to schedule a showing. (Hays CAD PIDs R18829 / R85397). Also listed as Austin MLS 4937843 & 3510293 and CTX MLS 582355 & 583314.
Investment highlights
Agricultural exemption for low taxes and low carry cost. Property has 2 long-term tenants that cover taxes and ranch management
This 57+ acre Gem is located in the middle of protected Greenbelt parkland inside San Marcos which protect the value for long-term investment
Ideal for land-hold investment, custom home site development, one-of-a-kind estate home lots encircled by parkland, multi-generation family compound, or preservation
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
