This listing is under contract.

38 Acres of Vacant Land in NW San Marcos ETJ

175 Eastwood Ln San Marcos, TX 78666

175 Eastwood Ln, San Marcos, TX, 78666
175 Eastwood Ln, San Marcos, TX, 78666 175 Eastwood Ln, San Marcos, TX, 78666
UNDER CONTRACT FOR SALE
Property Type:
Residential Land Development
Amount:
$1,522,000
Last Verified:
Sep 12, 2022

Located in an Opportunity Zone. This tract is ideally suited for a single-family development with city staff suggesting either CD-2 or SF-R Zoning. Property adjoins the Ringtail Ridge Nature Preserve to the southwest. San Marcos ETJ. No portion of the Property is in FEMA floodplain. Electricity - Bluebonnet Elect., W/WW - City of San Marcos (0.5 miles away at Old Ranch Rd 12.) Located in 2021 QCT. A development will trigger either annexation or a Development Agreement. Email broker at spence@matexas.com for flyer.

Map of 175 Eastwood Ln, San Marcos, TX, 78666

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.