12.184 acres located in the high-growth area of downtown San Marcos. Currently zoned for multi-family with an Ag Exemption. Flat building space with easy access off North-Bound IH 35 access road. Can be purchased or Leased. The property is often described as a “Developer’s Deal” with significant potential for Value Added project.
Location: Smith Lane, San Marcos, TX 78666 (Hays County)
Size: 12.184 Acres (approx. 530,735 sq ft)
Listing Price: $3,000,000 or can be leased with Option to Buy
Zoning: SF-6 (Single-Family)
Neighborhood: Blanco Gardens – Currently has Ag Exemption
Property Features & Potential
Development Potential: Suitable for dense residential, townhomes, or build-for-rent communities, with rezoning potential for higher density.
Location Highlights: Situated one block off I-35 with easy access.
Utilities: Public water and sewer are available.
Site Condition: Cleared and level, described as an “open lot” or pasture.
Constraints: The entire property is located within the 100-year floodplain, but is being considered for the Blanco Gardens Drainage Improvement Project.
Access: Two access points, including Smith Lane and an alley on the east side.
Location: Smith Lane, San Marcos, TX 78666 (Hays County)
Size: 12.184 Acres (approx. 530,735 sq ft)
Listing Price: $3,000,000 or can be leased with Option to Buy
Zoning: SF-6 (Single-Family)
Neighborhood: Blanco Gardens – Currently has Ag Exemption
Property Features & Potential
Development Potential: Suitable for dense residential, townhomes, or build-for-rent communities, with rezoning potential for higher density.
Location Highlights: Situated one block off I-35 with easy access.
Utilities: Public water and sewer are available.
Site Condition: Cleared and level, described as an “open lot” or pasture.
Constraints: The entire property is located within the 100-year floodplain, but is being considered for the Blanco Gardens Drainage Improvement Project.
Access: Two access points, including Smith Lane and an alley on the east side.
Listing Provided Courtesy of Berkshire Hathaway TX Realty
Property Details
Price:
$3,000,000
MLS #:
6086199
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Agriculture
Subdivision:
A0017-2 JUAN M VERAMENDI SURVEY #2
Listed Date:
Jun 3, 2026
Lot Size:
530,735 sqft / 12.18 acres (approx)
Year Built:
2026
See this Listing
Schools
Interior
Cooling
None
Flooring
See Remarks
Heating
None
Exterior
Accessibility Features
None
Building Features
See Remarks
Other Structures
None
Parking Features
None
View
None
Financial
Map
Community
- Address123 Smith Lane CMNS San Marcos TX
- SubdivisionA0017-2 JUAN M VERAMENDI SURVEY #2
- CitySan Marcos
- CountyHays
- Zip Code78666
Subdivisions in San Marcos
- 4100-4100
- A G Coers
- A M Ramsay
- A0002 – THOMAS J CHAMBERS SURVEY
- A0147 – HENDERSON CHARLES
- A0173 – Thomas H W Forsith Surv
- A0173 – Thomas H W Forsith Survey
- A0270 – John R King Surv
- A0509 – L S Yeates Surv
- A0581 – A0581 William Perry Survey
- ANTONIO & MARIA ESNANRIZAR SURVEY
- B & G Fulcher Surv A-21
- B W Breeding Add
- Baker Creek Village
- Baynebridge Condos
- Belvin Place
- Bent Tree Condos
- Bishop Crossing Sec 2
- Bishop Crossing Sub Sec 1
- Blanco Gardens
- Blanco River Village Condo
- Blanco River Village Condominiums
- Blanco River Village For Greenway
- Blanco River Village No2 Condo
- Blanco River Village Sec One
- Blanco Valley Ranches
- Blanco Vista
- Blanco Vista Heritage Point
- Blanco Vista Ph 1-A
- Blanco Vista Ph 3 Sec 1
- Blanco Vista Ph 3 Sec 2 & 3
- Blanco Vista Tr 1
- Blanco Vista Tr A
- Blanco Vista Tr C Ph 1
- Blanco Vista Tr D
- Blanco Vista Tr E-1
- Blanco Vista Tr E-2
- Blanco Vista Tr E-3
- Blanco Vista Tr I Sec A & School Tr
- Blanco Vista Tr K-1
- Blanco Vista Tr K-2A
- Blanco Vista Tr M-1
- Blanco Vista Tr O
- Blanco Vista Tr Q Sec 3
- Blanco Vista Tr S-T
- Bracewood Sub
- Bridle Wood Ranches Sec 2
- Bridlewood Ranches
- C D Wallace
- Castle Forest
- Castle Forest Sec 2A
- CCRE Lime Kiln Lot 4
- Cedar Plateau
- Center Point Court
- Charles Henderson
- Chimney Place
- Chimney Place II
- Cimarron Estates
- College Courts
- Cottonwood Creek
- Cottonwood Creek Ph 1 Sec 1-B
- Cottonwood Creek Ph 1 Sec 1-C
- Cottonwood Creek Ph 1 Sec 1D
- Cottonwood Creek Ph 1 Sec 3
- Cottonwood Creek Ph 3 Unit 1
- Cottonwood Creek Ph 3 Unit 2
- Cottonwood Creek Ph 3 Unit 4
- Cottonwood Creek Ph 3 Unit 5
- Cottonwood Creek Ph 3 Unit 6
- Cottonwood Creek Ph 3 Unit 8
- Cottonwood Creek Ph1 Sec2
- Country Estates Iii
- COWAN
- D P Hopkins Ii
- D S Combs Add
- Dan Mckie Add 01
- Dan McKie Add 1
- Dan Mckie II
- Echo Hill
- El Camino Real Ph 1 Sec 1
- El Camino Real Ph 1 Sec 2
- El Camino Real Ph 1 Sec 3A
- El Camino Real Ph 1 Sec 3B
- El Camino Real Ph 2 Sec 1
- El Camino Real Ph 2 Sec 3
- Estates of San Marcos
- Evergreen Acres
- Fairlawn Add
- Falcon-Wood
- Farm Lt
- Flynn Add
- Forest Hills
- Franklin Square
- FULCHER
- Fulcher B & G
- G A Mcnaughton
- G_0870
- G_A0220 – MITCHELL ANDREW
- G_A0274 – ROBIA C
- Garden At Willow Creek
- Gardens At Willow Creek
- Glenn Price
- Greendale Add Unit 1
- Hamilton Hollow Sub
- Hampton Woods
- Hill Country Estates Sec 2
- Hills Of Hays Ph 1
- Hills Of Hays Ph 2
- Hughson Heights
- Hughson Heights I
- Hughson Heights Ii
- Hughson Heights Sec 03 C
- Hughson Heights Sec 3-B
- Hughson Heights Sec 3-C
- HUGHSON HEIGHTS SEC 3C
- Hunter Ridge I
- Hunters Glen
- J R Keith Add Ph 1
- John Scott
- John Williams Surv
- juan m veramendi
- Juan M Veramendi Surv #2
- KINGSWOOD
- Kingswood Sec 1
- Kingswood Sec 2
- Kissing Tree
- Kissing Tree 55+
- Kissing Tree Cottages Condo
- Kissing Tree Villas Condo
- L W Mitchell
- La Cima
- La Cima Ph 2 Sec A
- La Cima Ph 2 Sec B
- La Cima Ph 3 Sec A
- La Cima Ph I Sec 1
- La Cima Ph I Sec 2
- La Cima: 70ft. lots
- Laurel Estates I
- Laurel Estates Ii
- Ledouxs Second
- Lindsey & Harvey Add
- Lively Lane Condo
- Lost River Ranches
- Lydia Glasgow Surv
- Majestic Estates Sec 1
- Millbrook Park
- Millbrook Park Ph 2
- Mockingbird Hills
- Morningwood Sec 1
- Morningwood Sec 2
- Morningwood Sec 3
- N L Camp Add
- Northpoint Sec 1
- Northwest Hills
- Oak Heights
- Oak Meadows
- Oakwood Hills
- Oakwood Hills Unrec
- Old Post Road Add
- Original Town Of San Marcos
- Park Add
- Park Addn
- Park Court At Willow Creek
- Park North Condos
- Park Place
- Paso Robles Ph 2B
- Paso Robles Ph 4F
- Patrick Mcgreal Surv
- Pecan Cove
- Pecan Creek Condo
- Pinnacle at Cottonwood Creek
- Prestage Sub
- Rancho Ladera
- Rancho Vista
- RIO VISTA TERRACE
- Rio Vista Terrace #2
- Rio Vista Terrace #3
- Riverview Estates
- Rocky Ranch Acres Sec 2
- S A & M G Rr
- S F McAllister Add
- S5310 – G A MCNAUGHTON 1ST ADDN
- S8903 – TRACE SUB PA 2B SEC C
- S9195 – VICTORY GARDENS FIRST SECTION
- S9405 – West End Condos
- San Marcos Business Park
- San Marcos Business Park Sec 2
- San Marcos Medpark
- Schleder Park
- Sendera Sub
- SKYLINE RANCH
- South End
- Spring Lake Hills #4
- Stewart Addn
- SUBURBAN OAKS EST
- Suburban Oaks Estate
- Suburban Oaks Estates
- Summer Mountain Ranch Sec 1
- Summer Mountain Ranch Sec 2
- Sunset Acres
- Sunset Oaks
- Sunset Oaks Cottaes
- Sunset Oaks Sec 1 Ph 2
- Sunset Oaks Sec 4 Ph 1A
- Sunset Oaks Sec 4 Ph 1B
- SUR: S A & M G RR
- T J Mostyn
- Tarod Philip Town Homes Sec 1
- The Blanco River Ranch
- The Countryside
- The Highlands Sec A
- The Highlands Sec B
- The Highlands Sec C
- The Park At Willow Creek
- The Retreat On Willow Creek Ph 1
- The Retreat On Willow Creek Ph 3
- The Retreat On Willow Creek Ph 4
- The Settlement
- THOMAS G MCGEHEE SURVEY
- Thomas J Chambers
- Thomas J Chambers Surv
- Thomas Oaks
- TRACE
- Trace Area 6B Sec D
- Trace Sub Pa 1A Sec B
- Trace Sub Pa 1A Sec C
- Trace Sub Pa 1B Sec B
- Trace Sub Pa 2A Sec B
- Trace Sub Pa 2b Sec B
- Trace Sub Pa 2B Sec D
- Trace Sub Pa 2C Sec B
- Trace Sub Sec A Pa 1A Ph A-2
- Trace Sub Sec A Pa 2B Ph A
- Trace Sub Sec A, Pa 2A Ph A
- Trails End Ranch
- Turkey Hollow
- Valley View Ranch
- Valley View Sub
- Valley View West
- Victory Gardens First Sec
- Village At Springtown Condos
- Village Two At Mockingbird Hill
- Vista de los Santos
- Vista De Los Santos Ph 1
- Vista De Los Santos Ph 2
- Wahl Farms
- Wahl Farms Subd.
- Weatherford Heights
- West End Condos
- Westover
- Whisper
- Whisper Mixed Use Sub Ph 1A
- Whisper Mixed Use Sub Ph 1B
- Whisper Mixed Use Sub Ph 2
- Whisper Residential
- WHISPER SOUTH
- William Pettus Two-League Gran
- WILLOW CREEK
- Willow Creek 3
- Willow Creek 6
- Willow Creek Estates Sec 10-B
- Willow Creek Estates Sec 11
- Willow Creek Estates Sec 12
- Willow Creek I
- Willow Spgs Center
- Windmill Add
- Z Williamson #3
Market Summary
Current real estate data for Commercial in San Marcos as of Jun 20, 2026
34
Commercial Listed
254
Avg DOM
$1,711,176
Avg List Price
Property Summary
- Located in the A0017-2 JUAN M VERAMENDI SURVEY #2 subdivision, 123 Smith Lane CMNS San Marcos TX is a Commercial for sale in San Marcos, TX, 78666. It is listed for $3,000,000 To schedule a showing of MLS#6086199 at 123 Smith Lane CMNS in San Marcos, TX, contact your Stripe Realty agent at 512-439-2122.
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