Smith Lane

Developer’s Deal of the Year – Prime Infill Site in San Marcos!
Attention residential and multi-family developers, land bankers, and build-for-rent specialists—this is the opportunity you've been waiting for. This highly desirable 12.18-acre infill development site in the heart of San Marcos’ Blanco Gardens neighborhood is officially on the market.
Currently zoned SF-6, the property allows for single-family development by right, with excellent potential for multi-family, townhome, or BFR communities through a rezoning. City utilities are already in place, and access is seamless with two points: one from Smith Lane, and an emergency access via alley on the eastern side. It’s worth noting: the entire property lies within the 100-year floodplain—a key factor to plan for in your site design
Located just a block off I-35, future residents will benefit from exceptional connectivity and convenience. Whether your goal is a dense residential enclave or a thoughtfully designed rental community, this site checks all the boxes.
And here’s the kicker—a professional appraisal has been completed at $1,920,000, making the current offering a steal of a deal. This is a rare chance for the next investor to step into a high-potential asset with instant equity. Motivated seller is ready to make a deal. Owner is a licensed Texas real estate broker.
Additional land available at 324 Linda Drive for even more scale potential.
Don’t wait—opportunities like this don’t last in San Marcos’ rapidly growing market.