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$2,900,000
7910404 MLS 78666 Zip Code
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.

211 W Grove St, San Marcos

$1,988,000
5 Beds 5 Baths 9282136 MLS 78666 Zip Code
Purgatory Creek Ranch sits atop the highest point in Bridlewood Ranches with sweeping Hill Country views across 35.04 acres of rolling terrain, mature live oaks, and native meadows. A gated entrance leads to the custom-built main residence positioned to capture panoramic long-distance views in multiple directions. The 4,383 sq ft home features 3 bedrooms and 3.5 bathrooms, each bedroom with private bath and exterior access. Interior highlights include beautiful stone sourced from the property, vaulted wood ceilings, expansive windows, custom cabinetry, and wood/tile flooring throughout. The primary suite is surrounded by windows and includes a spacious bath with oversized shower and a large walk-in closet with center island. Designed with wheelchair accessibility including smooth floor transitions and accessible kitchen/bath features. Additional improvements include a covered porch, office, craft room, oversized laundry room, and 3-car garage with extended 3-car covered parking. A 1,050 sq ft bonus room above the garage, already connected to HVAC and electricity, could easily be finished for additional living space or game room. A well-built barndominium offers two overhead bays, workspace, and a 1,426 sq ft finished apartment above with 2 bedrooms, 1 bath, full kitchen, living area, and private deck overlooking the property. Purgatory Creek bends through the back of the ranch creating a crescent-shaped stretch of creek frontage with limestone rock walls and a picturesque bluebonnet meadow in spring. The property backs to a large neighboring ranch creating added privacy and a larger ranch feel. Wildlife includes whitetail deer, turkey, and hogs; blinds and feeders convey. Strong water well services both residences and livestock. Fiber optic internet available. Multi-zoned HVAC. Located ~15 miles to both Wimberley and San Marcos with convenient access to Austin and San Antonio.

2810 Bridlewood Ranches Dr., San Marcos

$1,800,000
4692656 MLS 78666 Zip Code
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.

540-566 Crest Circle Dr, San Marcos

$6,730,500
2098724 MLS 78666 Zip Code
Situated in the heart of the Texas Hill Country, just south of San Marcos, Purgatory Bend Ranch South offers 641± acres of unmatched natural beauty and conservation-focused land ownership. This private, sustainably managed property is a rare opportunity to own a legacy ranch with diverse landscapes, panoramic views, and excellent accessibility to Austin, San Antonio, and Houston. Topography, Rangeland & Habitat: The ranch features dramatic topography with 100 feet of elevation change, ranging from 850’ down to 750’ above sea level. Towering live oaks, lush native grasslands, seasonal canyons, and hardwood-lined ridges create a vibrant habitat for both wildlife and people. Purgatory Creek winds through the northern portion of the property, enhancing its scenic and ecological value. Purgatory Bend Ranch South boasts outstanding “pasture appeal,” thanks to an array of mature live oaks (many adorned with Spanish moss), cedar elms, native grasses, and the dramatic bluffs of Purgatory Creek. The terrain is highly varied, offering open uplands, wooded draws, and deep canyons. This diversity supports rich wildlife habitat and stunning view corridors throughout the property. Improvements: -1 windmill operated well and 1 electrical submersible well, both with either trough or natural water catchment for wildlife use. -Existing roads, fencing, water delivery, pens and electrical service.

00 W Mccarty Ln, San Marcos

$3,450,000
6 Beds 7 Baths 4044980 MLS 78666 Zip Code
Outstanding Gentlemen's ranch in the Texas Hill Country between Wimberley and San Marcos. This 42 acre Ag Exempt ranch is frequented by a herd of Longhorn cattle via open grazing agreement as well as wild turkeys. With over 6400 square foot of living space there is room for every activity. The first floor has an open living/kitchen/dining area with expansive ceilings and and large windows and glass doors that fill the space with natural light. The kitchen was built with entertainment in mind.The pantry with built in commercial refrigerator/freezer is the space that most only dream about. Across the back of the kitche/living space is a 13 x 55 screened porch and outdoor kitchen with plenty of room to host friends and family. The Primary Suite is unique in many ways. Beyond the large closet, bath and bedroom is a dedicated second floor with 2 large rooms that can serve as a private living room, office, hobby or trophy room.

1951 Bridlewood Ranches Dr, San Marcos

$1,290,000
7114819 MLS 78666 Zip Code
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.

1321 Harris Hill Rd, San Marcos

$2,400,000
9567894 MLS 78666 Zip Code
Unrestricted acreage in a high-growth corridor just outside the San Marcos city limits. This property offers wide-ranging potential for commercial, multi-family, residential, or agricultural use. Located minutes from the new Buc-ee’s and positioned near the rapidly expanding I-35 corridor, the property provides excellent access to Texas State University, the San Marcos Regional Airport, and Harris Hill Raceway. Improvements include an income-producing storage structure, barns, and additional outbuildings. With strong visibility, flexible use options, and immediate utility, this property is well-suited for investors, developers, or those seeking land acreage in a prime location. Reach out for more info or to schedule a tour.

2811 Harris Hill Rd, San Marcos

$3,450,000
6 Beds 7 Baths 6785921 MLS 78666 Zip Code
Outstanding Gentlemen's ranch in the Texas Hill Country between Wimberley and San Marcos. This 42 acre Ag Exempt ranch is frequented by a herd of Longhorn cattle via open grazing agreement as well as wild turkeys. With over 6400 square foot of living space there is room for every activity. The first floor has an open living/kitchen/dining area with expansive ceilings and and large windows and glass doors that fill the space with natural light. The kitchen was built with entertainment in mind. The two large islands lend themselves to a well thought through preparation and serving area. The pantry with built in commercial refrigerator/freezer is the space that most only dream about. Across the back of the kitche/living space is a 13 x 55 screened porch and outdoor kitchen with plenty of room to host friends and family. There is also access to a full bathroom adjacent to the outdoor kitchen. The Primary Suite is unique in many ways. Beyond the large closet, bath and bedroom is a dedicated second floor with 2 large rooms that can serve as a private living room, office, hobby or trophy room. The bedroom and upstairs living area both have nice views of the ranch. The first floor is also home to a guest bedroom with an on-suite bath. On the opposite end of the house is a second floor that has three suites with dedicated bathrooms and large closets. They also share an 18 x 32 space that could be used as a home theater or family room. The 1200 square foot garage with attached mudroom has ample space for several vehicles as well as storage space. If you like to spend time outdoors there is plenty of room to roam on the 42 acres. Beautiful trees and views of the hill country make this an exceptional property. Don't forget to drop by the chicken coop and watch the hens at work. You might just cross paths with a flock of wild turkeys on your walk. There is an additional contiguous 20 acres available that can be accessed on Hugo Rd or through the ranch.

1951 Bridlewood Ranches Dr, San Marcos

$2,500,000
5774654 MLS 78666 Zip Code
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.

101 E Hopkins St, San Marcos

$2,400,000
4 Beds 2 Baths 3510293 MLS 78666 Zip Code
57+ acre Legacy Ranch encircled by protected Greenbelt with seasonal creek! Ideal for multi-generational homesteads, long term land hold investment, custom home sites, preservation, or agritourism opportunity. Rare opportunity in the heart of San Marcos. 1750 Craddock Ranch offers a unique opportunity to own a piece of Central Texas Hill Country surrounded by Purgatory Creek Natural Area. This protected greenbelt is part of the larger San Marcos Greenbelt Alliance trail system that ensures the property will maintain its natural charm for years to come and protects the property value. Great drone footage of this beautiful Ranch on the virtual tour! Ag-exemption allow for exceptionally low taxes and low cost of ownership. Ranch features 2 homes (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and pond/stock tank. The landscape features a combination of wide-open pastures, mature Oak & Elm woodlands and wet-weather creeks. Civil Engineering report, environmental study, and recent ALTA survey are available in the documents section. A comprehensive Site Investigation Report by Mahoney Engineering outlines development feasibility. Property is ideal for low density development with its FD zoning, seasonal creek running through the property, and frontage. The property lies within the full-purpose jurisdiction of the City of San Marcos. Mahoney Engineering Development Proposal is available. Secondary address is 1661 Valencia Way. Access is via private easement through parkland. Property has 2 long-term tenants to cover taxes and ranch management. Contact listing agent with questions or to schedule a showing. (HCAD PIDs R18829 / R85397). Listed as MLS 4937843 & 3510293.

1750 Craddock Ave, San Marcos

$2,400,000
4 Beds 2 Baths 4937843 MLS 78666 Zip Code
57+ acre Legacy Ranch encircled by protected Greenbelt with seasonal creek! Ideal for multi-generational homesteads, long term land hold investment, custom home sites, or preservation. Rare opportunity in the heart of San Marcos. 1750 Craddock Ranch offers a unique opportunity to own a piece of Central Texas Hill Country surrounded by Purgatory Creek Natural Area. This protected greenbelt is part of the larger San Marcos Greenbelt Alliance trail system that ensures the property will maintain its natural charm for years to come and protects the property value. Great drone footage of this beautiful Ranch on the virtual tour! Ag-exemption allow for exceptionally low taxes and low cost of ownership. Ranch features 2 homes (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and pond/stock tank. The landscape features a combination of wide-open pastures, mature Oak & Elm woodlands and wet-weather creeks. Civil Engineering report, environmental study, and recent ALTA survey are available in the documents section. A comprehensive Site Investigation Report by Mahoney Engineering outlines development feasibility. Property is ideal for low density development with its FD zoning, seasonal creek running through the property, and frontage. The property lies within the full-purpose jurisdiction of the City of San Marcos. Mahoney Engineering Development Proposal is available. Secondary address is 1661 Valencia Way. Access is via private easement through parkland. Property has 2 long-term tenants to cover taxes and ranch management. Contact listing agent with questions or to schedule a showing. (HCAD PIDs R18829 / R85397). Listed as MLS 4937843 & 3510293.

1750 Craddock Ave, San Marcos

$1,599,000
3272781 MLS 78666 Zip Code
This 1.9± acre property, zoned for mixed use, is an excellent commercial real estate opportunity with high visibility along the bustling N IH-35 corridor in San Marcos. The seller provided survey, and the mixed use zoning allows for multiple potential uses such as retail stores, restaurants, or multi-family developments. Located less than a mile from Hwy 80, EVO Entertainment, Gary Softball Complex, and Texas State University, this site benefits from strong vehicle traffic. Joint access easements are already in place, offering convenient shared entry points. Additionally, the quick access to the IH-35 on-ramp makes this property even more desirable for businesses looking to cater to both local residents and commuters. This location presents a rare chance to develop in a thriving, high-demand area with excellent proximity to major attractions and thoroughfares.

1322 N Interstate 35 Freeway, San Marcos

$4,250,000
8 Beds 11 Baths 5490662 MLS 78666 Zip Code
Large estate on 38.9 acres. Completely fenced with a 12-foot game fence and grand rock entrance. Live the life of luxury in this almost 9,000 sqft of living space with 8 bedrooms 8 full baths and 3 half baths. Custom built in every nook and cranny with Texas stone, hardwood, and granite cabinetry. Two large fireplaces, swimming pool, outdoor basketball court, indoor RV parking garage, indoor and an outdoor bar with complete catering setup, or just relax in your own private movie theatre. Other outdoor amenities include dog kennels, livestock pens, barns, and sheds. Large backyard area - fully fenced with wrought iron fencing. Gorgeous Views and beautiful sunsets right from your oversized covered porch. Super unique feature - your own private natural cave that you can explore! Centrally located in the heart of Texas Hill Country right next to the Wimberley Junction on R12 and FM 32. Estate is at the end of the gated subdivision of Trails End Ranch. Less than 30 minutes to Canyon Lake, Wimberley, San Marcos, or New Braunfels. Looking for country living near the big cities? You are less than an hour away from Austin or San Antonio! This is the Texas Hill Country Ranchette you have been waiting for!

761 Allison Ln, San Marcos

$4,250,000
8 Beds 11 Baths 7750581 MLS 78666 Zip Code
Large estate on 38.9 acres. Completely fenced with a 12-foot game fence and grand rock entrance. Live the life of luxury in this almost 9,000 sqft of living space with 8 bedrooms 8 full baths and 3 half baths. Custom built in every nook and cranny with Texas stone, hardwood, and granite cabinetry. Two large fireplaces, swimming pool, outdoor basketball court, indoor RV parking garage, indoor and an outdoor bar with complete catering setup, or just relax in your own private movie theatre. Other outdoor amenities include dog kennels, livestock pens, barns, and sheds. Large backyard area - fully fenced with wrought iron fencing. Gorgeous Views and beautiful sunsets right from your oversized covered porch. Super unique feature - your own private natural cave that you can explore! Centrally located in the heart of Texas Hill Country right next to the Wimberley Junction on R12 and FM 32. Estate is at the end of the gated subdivision of Trails End Ranch. Less than 30 minutes to Canyon Lake, Wimberley, San Marcos, or New Braunfels. Looking for country living near the big cities? You are less than an hour away from Austin or San Antonio! This is the Texas Hill Country Ranchette you have been waiting for!

761 Allison Ln, San Marcos

$2,999,000
4697819 MLS 78666 Zip Code
Come see this beautiful +-106 acres, with approximately 1700 feet of road frontage on FM 1978. This property is centrally located approximately 5 miles from I-35 in Guadalupe County, and approximately 5 miles from San Marcos Texas. This property is suitable for high density development or it would be a great place to build a home and enjoy the country life. The property has rolling hills covered in native grasses, there are two large stock ponds on the property with plenty of fish, it is currently under Ag exemption and is being leased for cattle and hay production. Property information was downloaded from Guadalupe CAD. Distances and measurements are approximate and should be verified for accuracy. Listing agent must be

TBD Fm 1978, San Marcos

$4,000,000
6217550 MLS 78666 Zip Code
Ideally located 82+/- acres in Hays County approximately 3 miles southeast of IH-35 and the San Marcos Premium Outlets. The property's 2025 tax valuation increased from approximately $1.2M to a current valuation of approximately $3.5M, reflecting the strong growth occurring throughout this corridor and contributing to the recent price adjustment. Located across from properties already within the City of San Marcos, with city water available nearby, this property is positioned in the path of continued expansion and future opportunity. Property features paved Hays County road frontage on Centerpoint Road, stunning distant views from the 2,700+/- square foot Hill Country home, detached garage and 1,152+/- square foot garage apartment. Ample hardwoods, rolling topography, crystal-clear water features, stock tank, fenced and cross-fenced pastures, RV covered parking and agricultural exemption with cattle lease in place. Few properties can match the privacy, majestic views and serene nature of this exclusive ranch. Located within San Marcos ISD with no city taxes and a total tax rate of 1.6%. Conveniently situated approximately 45 miles to Austin-Bergstrom International Airport and 40 miles to San Antonio International Airport. Rare ownership opportunity in the Edwards Plateau region.

4000 Centerpoint Rd, San Marcos