This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$125,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
A 5,249 SF (0.12 acre) infill lot zoned Mixed Use (MU) under the City of San Marcos Land Development Code, located just blocks from downtown San Marcos and Texas State University, home to a record 44,630 students as of fall 2025. The MU district permits small-scale mixed-use buildings with residential units above retail or office space, plus single-family, townhouse, and loft-apartment uses by right. Multifamily uses, including duplex, triplex, and apartment configurations, are allowed within MU but require Planning & Zoning Commission approval of a Conditional Use Permit rather than by-right development; the existing structure's current triplex use may carry legal nonconforming status, which buyers should independently confirm with the City. Property is offered strictly AS-IS with no interior access or showings available, and is best suited for investors or builders comfortable navigating the City's entitlement process. San Marcos has grown from roughly 44,900 residents in 2010 to over 71,500 today, part of the broader Austin-Round Rock-San Marcos MSA, which has grown to nearly 2.5 million residents and remains one of the fastest-growing large metro areas in the country. The lot sits just off a high-visibility corner anchored by the beloved M&M Taco Corner. Buyer to independently verify all zoning, use, CUP requirements, and nonconforming-use status with the City of San Marcos Planning & Development Services Department prior to closing.
Full Property Details
Full Property Details for 125 S Bishop St
General
- Price: $125,000
- Taxes: $5,059 (2025)
- Status: Active
- Type: Triplex
- Source: Austin_MLS
- MLS ID: 7987296
- Updated: 8/20/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: See Remarks
- Appliances: See Remarks
- Flooring: See Remarks
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: None
- Security/Safety: See Remarks
- Equipment: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: See Remarks
Parking
- Parking Features: None
Location
- Area: HS
- County: Hays
- Subdivision: J H Combs Add Sec 1
- Driving Directions: From IH-35, take the Hopkins Street exit (Exit 205) and head west into downtown San Marcos. Follow Hopkins St for about a half mile, then turn left (south) onto N. Bishop St. Continue on Bishop St a few blocks; the property is on the right, just past San Antonio St, next to M&M Taco Corner.
- Direction Faces: East
School Information
- Elem School District: SanMarcosCONSISD
- Midd School District: SanMarcosCONSISD
- High School District: SanMarcosCONSISD
- Elementary School: Hernandez
- Middle School: Miller
- High School: San Marcos
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type
- Roof: Composition
- Windows: See Remarks
- Stories/Levels: 1
- Square Feet: 1,680
- Sq. Ft. Source: Public Records
- Living Area: 1,680 Sq. Ft.
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.1205
- Lot Size (Sq. Ft.): 5,248.98
- Fence: Yes
- Lot Features: Interior Lot, Level
- Fencing (Description): Privacy
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assessment Amount: $244,808
- Tax Amount: $5,059.2
- Tax Year: 2025
- Terms: Cash
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: J H COMBS ADDN SEC 1 LOT PT OF 1 BLK 1 GEO#33131074321
- Disclosures/Reports: See Remarks
- Property ID: 1119500100001003
- Block: 1
- Lot Number: PT of 1
Listed by 3Z Realty
Get Pre-Approved Today
Schools
Schools serving 125 S Bishop St
School District:San Marcos Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Hernandez Elementary School 333 Stagecoach Trail, San Marcos, TX 78666 | PK-5 | 1 mi |
San Marcos High School 2601 Rattler Road, San Marcos, TX 78666 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 S Bishop St
Date
Details
Price
Change
Source
8/19/2026
Listed
$125,000
—
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 125 S Bishop St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,059
-16%
$244,808
-25%
2023
$6,027
149%
$327,932
3%
2018
$2,417
-52%
$316,873
28%
2022
$5,066
7%
$247,189
13%
2021
$4,718
8%
$218,386
10%
2020
$4,380
81%
$198,728
102%
2018
$2,417
16%
$98,190
17%
2017
$2,083
9%
$84,230
6%
2016
$1,903
-53%
$79,150
-54%
2019
$4,064
113%
$172,827
118%
2015
$1,909
5%
$79,150
—
2013
$1,821
—
$79,150
5%
2013
$1,821
—
$75,470
—
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 125 S Bishop St
125 S Bishop Street, San Marcos, TX 78666 (MLS# 7987296) is a Triplex property with 0 bedrooms and 0 full bathrooms. 125 S Bishop Street is currently listed for $125,000 and was received on August 19, 2026. Want to learn more about 125 S Bishop Street? Do you have questions about finding other Triplex 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.

