12.18 Acres | MF Zoned Development Site | I-35 Access
12.18 Acres Near I-35 | Prime San Marcos Development Opportunity | Sale or Lease Available
Marketing description
Positioned in one of the fastest-growing corridors of San Marcos, this 12.184-acre tract offers a rare opportunity for developers and investors seeking scale, utility access, and proximity to major transportation routes.
Located just off Northbound I-35 in the Blanco Gardens area, the site is currently zoned SF-6 and benefits from public water and sewer availability. The property is flat, largely cleared, and well-suited for a range of residential development strategies including townhomes, multifamily, or build-for-rent communities, subject to approvals.
While the entire site lies within the 100-year floodplain, it is currently being evaluated under the Blanco Gardens Drainage Improvement Project, creating potential long-term mitigation upside.
With strong population growth, increasing housing demand, and nearby development activity, this site represents a compelling value-add or ground-up development opportunity in the path of growth. Offered for sale or lease with option to purchase, this is a flexible acquisition for forward-thinking developers.
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Investment highlights
- 12.184 acres (approx. 530,735 SF) in high-growth San Marcos submarket
- Zoned SF-6 (Single-Family / multifamily compatible) with multifamily development potential
- Located just one block off Northbound I-35 with excellent visibility and access
- Public water and sewer available to site
- Flat, cleared “open lot” with minimal site prep required
- Strong residential demand area with ongoing nearby development
- Ag exemption currently in place
- Flexible structure: purchase or lease with option to buy
- Significant upside for rezoning or higher-density residential use
- Positioned within the expanding Blanco Gardens corridor
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