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$575,000
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Property Description
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.
Full Property Details
Full Property Details for 000 Smith Ln
General
- Price: $575,000
- Taxes: $36 (2024)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 1023154
- Updated: 3/16/2026
- Added to Site: 257 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: HS
- County: Hays
- Subdivision: Juan M Veramendi Surv #2
- Driving Directions: From I-35 South Take Exit for Hwy 123, Loop under I-35, head North, Take right on Sherbarb and left on Smith lane
School Information
- Elem School District: SanMarcosCONSISD
- Midd School District: SanMarcosCONSISD
- High School District: SanMarcosCONSISD
- Elementary School: Mendez
- Middle School: Miller
- High School: San Marcos
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pasture
- Lot Size (Acres): 12.184
- Lot Size (Sq. Ft.): 530,735.04
- Lot Features: Agricultural, Cleared, City Lot, Level, Open Lot
Financial Considerations
- Assessment Amount: $1,860
- Tax Amount: $36.61
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: A0017-2 JUAN M VERAMENDI SURVEY #2, TRACT 259, ACRES 12.184
- Disclosures/Reports: Owner Is Listing Agent
- Property ID: 1000172262000023
- Lot Number: 259
Listed by Classen Realty Group
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Price & Sales History for 000 Smith Ln
Date
Details
Price
Change
Source
3/16/2026
Price Reduced
$575,000
-4.01%
MLS
11/06/2025
Price Reduced
$599,000
-25.03%
MLS
9/05/2025
Price Reduced
$799,000
-8.69%
MLS
7/11/2025
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 000 Smith Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$37
3%
$2,060
11%
2023
$36
-37%
$1,860
-1%
2018
$57
42%
$1,880
-3%
2022
$40
—
$1,940
4%
2021
$40
-7%
$1,860
-5%
2020
$43
-25%
$1,950
-16%
2018
$57
16%
$2,320
10%
2019
$49
-21%
$2,100
-16%
2017
$62
11%
$2,490
6%
2016
$56
14%
$2,350
15%
2015
$49
32%
$2,040
13%
2013
$37
—
$1,810
19%
2013
$37
—
$1,520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 000 Smith Ln
000 Smith Lane, San Marcos, TX 78666 (MLS# 1023154) is a Lots/Land property with a lot size of 12.184 acres. 000 Smith Lane is currently listed for $575,000 and was received on July 11, 2025. Want to learn more about 000 Smith Lane? Do you have questions about finding other Lots/Land real estate for sale in San Marcos? You can browse all San Marcos real estate or contact a Coldwell Banker agent to request more information.

