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28883360
28883357

2 Locations For Sale

DG
TX 567511
Williams & Associates Brokerage
Listed by Williams & Associates Brokerage
$2,400,000
219 days on market
Updated 9 days ago

Craddock Avenue Ranch

Details
APN R85397,18829
Property Type Land
Sub Type Ranch
Lease Expiration 12/31/2026
Remaining Term 0.5
Price Per Acre $42,024
Broker Co-Op Yes
Acreage 57.110
Zoning FD

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

DG
TX 567511
Williams & Associates Brokerage
Listed by Williams & Associates Brokerage

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Additional Information

Name
Daniel Golding
License
567511
Brokerage
Willaims & Associates
Brokerage Phone
5125902786
Title
Real Estate Agent
Brokerage Address
610 Terrell Hill Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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