Date
Details
Price
Change
Source
1/14/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,450,000 Just Listed
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Property Description
Unique covered land play with solid current income and long term development upside. Location just out San Marcos city limits in the ETJ , mid- to long-term highest and best is likely to development multi-story apartment complex to serve San Marcos and its explosive long term growth. San Marcos and Central Hays Co is perhaps the most strategic location in the state for investors with a long horizon, centrally located between Austin and San Marcos along the I-35 corridor, ideal for a long term income development play. San Marcos projected to reach over 140,000 residents by 2035. Robust rental market with the additional growth of Texas State, itself projected to reach over 50,000 students by 2033. Currently 14 rental units of various size and era. Owners made substantial improvements in 2022-2023 to stabilize the property, substantially increasing Gross Rents and Operating Income YOY even in a soft rental market. 2025 Total Operating Income over $180,000, NOI just over $60,000. Entry level units that have low vacancy rates in the competitive San Marcos rental market. Recently built Whispering Pointe Apartments is the perfect template for the long term development play, only 0.4 miles to the north on Harris Hill, as critical infrastructure continues to get closer to the site. Being in the ETJ and unrestricted, proximity to central San Macros with none of the challenges of developing in the city. The city limit is literally on the rear property line. Solid current income with clear long term growth and development upside. Unique opportunity to get into this highly sought after, high growth area. Contact LA for more detailed information.
Full Property Details
Full Property Details for 1321 Harris Hill Rd
General
- Price: $1,450,000
- Taxes: (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Austin_MLS
- MLS ID: 7114819
- Updated: 1/15/2026
- Added to Site: 4 day(s) ago
Rental Information
- Lease Info: See Remarks
Interior
- Flooring: Carpet, See Remarks, Vinyl
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 28
- Parking Features: None
Location
- Area: HS
- County: Hays
- Subdivision: none
- Driving Directions: Take IH 35 South, Exit Yarrington Road south of Kyle, turn left (E) on Yarrington, right on Harris Hill Rd past Amazon Fulfillment center, property about a mile down Harris Hill Rd on right, no sign.
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Shared Septic
- Water: Public
- Utility Description: Above Ground Utilities, Electricity Connected, See Remarks, Water Connected
Structural Information
- # Buildings: 12
- Detached/Attached: Detached
- Construction: Frame, Metal Siding, Vinyl Siding
- Square Feet: 10,760
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Residential, Single Family
- Year Built: 1980
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 2.438
- Lot Size (Sq. Ft.): 106,199.28
- Lot Size Source: Survey
- Topography: Level
- Lot Features: Level
Financial Considerations
- Operating Expenses: $122,281
- Assessment Amount: $519,150
- Tax Year: 2025
- Terms: Cash, Committed Funds, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Financials, Lease, Survey, Unit Mix Schedule, Rent Rolls
- Multiple Parcels: Yes
- Legal Description: A0017-2 JUAN M VERAMENDI SURVEY #2, ACRES 2.438
- Property ID: 1000172234000003
Listed by Texas Ally Real Estate Group
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Listing agent
— 1321 Harris Hill Rd —
Texas Ally Real Estate Group
(512) 763-2559
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1321 Harris Hill Rd
School District:San Marcos Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Travis Elementary School, San Marcos, TX 1437 Post Road, San Marcos, TX 78666 | K-5 | 1.8 mi |
San Marcos High School 2601 Rattler Road, San Marcos, TX 78666 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1321 Harris Hill Rd
Tax History
Tax History for 1321 Harris Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,604
5%
$277,340
-9%
2023
$4,391
190%
$303,780
—
2018
$1,515
-36%
$303,190
104%
2022
$2,368
40%
$148,300
50%
2021
$1,695
7%
$98,790
10%
2020
$1,591
8%
$89,990
19%
2018
$1,470
7%
$75,470
7%
2017
$1,378
1%
$70,360
2%
2016
$1,361
4%
$68,950
4%
2015
$1,308
-17%
$66,010
-20%
2019
$1,570
22%
$82,790
28%
2014
$1,286
1%
$64,860
1%
2013
$1,276
—
$64,350
—
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 1321 Harris Hill Rd
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1321 Harris Hill Road, San Marcos, TX 78666 (MLS# 7114819) is a Commercial Multi-Family property. 1321 Harris Hill Road is currently listed for $1,450,000 and was received on January 14, 2026. Want to learn more about 1321 Harris Hill Road? Do you have questions about finding other Commercial Multi-Family 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.