Aerial view of a wooded land parcel outlined in white, with a dirt access road.
Aerial view of wooded countryside, a winding dirt road, scattered homes, and open fields.
Aerial view of wooded acreage, scattered homes, a small pond, and distant countryside.
Aerial view of wooded acreage outlined to show its boundaries, with a small pond nearby.
Aerial panorama of wooded countryside with scattered homes, fields, and winding roads.
Aerial view of a wooded property outlined in white, with an arrow pointing inside the parcel.
Aerial view of wooded acreage and open fields, with scattered homes and roads across the landscape.
Aerial view of a wooded land parcel outlined in white near rural homes.
Aerial view of partly wooded acreage, with open fields and homes in the distance.
Aerial view of wooded acreage outlined in white, with open fields and development in the distance.
Aerial view of wooded acreage and open pasture, with distant development on the horizon.
Aerial view of a wooded parcel outlined in white, with open fields and a town on the horizon.
Aerial view of partly wooded open land, with a dirt track and distant neighborhoods beneath a blue sky.
Aerial view of wooded acreage outlined in white, with open fields and development in the distance.
Aerial view of wooded land and grassy clearings with San Marcos in the distance.
Aerial view of wooded acreage outlined in white, with a small clearing and distant development.
Aerial view of wooded acreage crossed by an access road, with neighboring buildings in the distance.
Gravel drive descends through brush and trees toward a wooded ridge, with prickly pear cactus nearby.
Wooded acreage with a dirt access road and small pond.
Aerial view of wooded property with an access road and small pond.
Aerial view of wooded land with a grassy clearing and homes in the distance.
Aerial view across wooded acreage and rolling hills, with scattered homes and an open pasture.
Aerial view of a wooded property with a broad clearing beside a dirt road.
Gravel driveway winding through green trees and brush
Vacant lot with a grassy clearing, scattered young trees, and woodland along the edges.
Grassy wooded lot with a clearing, mature trees, and fallen branches.
Gravel access road winding between dense trees and brush on a rural property.
Open grassy clearing surrounded by dense trees and shrubs.
Grassy clearing bordered by dense evergreen trees on a wooded property.
Vacant land with a cleared patch of dry grass and soil bordered by dense trees.
Undeveloped lot with a dry clearing bordered by dense trees and shrubs.
Undeveloped rocky lot with open ground and dense trees in the background.
Vacant wooded lot with a small pond and cleared dirt area.
Concrete driveway winding through dense trees and brush.
Gravel access road winding through dense trees toward a communications tower.
Undeveloped lot with a rocky clearing surrounded by scrub trees and low brush.
Gravel road winding downhill through dense trees and brush.
Open dirt clearing bordered by dense trees on a wooded lot.
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Courtesy of eXp Realty, LLC, Soomin Kim Listing Contact: (714) 926-5730 
$4,995,000

175 Eastwood LN

37.83 Acres

Inquire Now

Description

* Scale & Optionality: At ~28 acres near Texas State, the site has strong long-term potential for multifamily or student housing development. The conceptual layout suggests capacity for a large-scale project, though most developers will likely underwrite a reduced density scenario initially.

* Infrastructure Considerations: Based on the utility maps, water and wastewater will need to be extended to the site, and the property sits in the San Marcos ETJ. Developers will typically factor those infrastructure costs and entitlement risk into their land basis.

* Developer Underwriting: When applying current construction costs, cap rates, and typical land residual assumptions for multifamily in the San Marcos market, most developers will likely build closer to 650-800 units rather than maxing out the 1,000+ units.

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Location

175 Eastwood LN, San Marcos, TX 78666

Status

For Sale
Chris & Kristi Mitchell

Chris & Kristi Mitchell

TITLE

Sales Associates

PHONE

(512) 850-7292

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Area & Lot
Lot Area 37.83 Acres
MLS® ID 7163656
School District SanMarcosCONSISD
High School San Marcos
Middle School Miller
Elementary School Rodriguez (San Marcos ISD)
Water Frontage None
View Description Rural,Trees/Woods
Type Land
Status For Sale
Exterior
Water Source Public
Sewer Public Sewer
Lot Features Agricultural, Cleared, Few Trees, Level, Trees-Moderate
Utilities Cable Available, Electricity Available, Sewer Available, Water Available
Finance
Sales Price $4,995,000
Real Estate Tax $23,332 yearly
Aerial view of wooded countryside, a winding dirt road, scattered homes, and open fields.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 175 Eastwood LN, San Marcos, TX 78666. We are reviewing your request and will be in touch shortly!
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Contact Details

Chris and Kristi Mitchell

(512) 850-7292

[email protected]



9600 Great Hills Trl Ste 150W

Austin TX 78759