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175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
175 Eastwood LN
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Courtesy of eXp Realty, LLC, Soomin Kim Listing Contact: (714) 926-5730 
$6,200,000

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

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 $6,200,000
Real Estate Tax $23,332 yearly
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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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By providing your contact information to The Chris and Kristi Team , your personal information will be processed in accordance with The Chris and Kristi Team 's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from The Chris and Kristi Team at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.
Contact Details

Chris and Kristi Mitchell

(512) 850-7292

[email protected]



9600 Great Hills Trl Ste 150W

Austin TX 78759