710 Acres Hwy 123 San Marcos, TX

4721 N Hwy 123 San Marcos, TX 78666

4721 N Hwy 123, San Marcos, TX, 78666
4721 N Hwy 123, San Marcos, TX, 78666
FOR SALE
Property Type:
Other Land
Amount:
$15,638,480
Last Verified:
May 14, 2019

Highlights

  • San Marcos, TX is one of the fastest growing cities in the nation
  • Bedroom community to both Austin and San Antonio
  • Clear and flat land ready for any type of development
  • Great location and access
  • Near schools and shopping in cities growth corridor

Description

This 710-acre site of prime development property is located in a great area near schools and shopping. There are many possibilities for this property including residential, commercial, industrial/light industrial, or mixed use. Property is cleared, flat and ready for the developer. Easy access to IH-35 (Austin & San Antonio), IH-10 (Houston) and SH-130 (Austin bypass).

San Marcos is part of the Austin–Round Rock–San Marcos metropolitan area. The city is on the Interstate 35 corridor between Austin and San Antonio and is the seat of Hays County. The city limits extend into Caldwell and Guadalupe Counties, as well. In 2015 the U.S. Census Bureau estimated the population at 60,684.

Founded on the banks of the San Marcos River, the area is thought to be among the oldest continuously inhabited sites in the Americas. San Marcos is home to Texas State University and the Aquarena Center.

In 2010, San Marcos was listed in Business Week's fourth annual survey of the "Best Places to Raise your Kids". In 2013 and 2014, the United States Census Bureau named San Marcos the fastest-growing city in the United States. In December 2013, San Marcos was named #9 on Business Insider's list of the "10 Most Exciting Small Cities In America"

From IH-35, take Hwy 123 South of San Marcos four miles, property on left.

Lot Size: 710.84 acres

Map of 4721 N Hwy 123, 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.