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175 Eastwood Ln, San Marcos, TX 78666

San Marcos
Local realty services provided by:CENTURY 21 North East
Listed by: soomin kim, chris mitchell
Office: exp realty, llc.
MLS#:7163656
Source:ACTRIS
175 Eastwood Ln,San Marcos, TX 78666
$5,999,000
  • 37.83 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$5,999,000

About this home

• 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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Home facts

  • Listing ID #:7163656
  • Updated:June 18, 2026 at 06:29 PM

Structure and exterior

  • Lot area:37.83 Acres
  • Lot Features:Agricultural, Cleared, Few Trees, Level, Trees-Moderate

Schools

  • High school:San Marcos
  • Elementary school:Rodriguez (San Marcos ISD)

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,999,000
  • Tax amount:$23,332 (2025)
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated June 18, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS. ACTRIS Member Broker: Lisa Shaw

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