Date
Details
Price
Change
Source
7/12/2026
Listed
$550,000
—
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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$550,000
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Property Description
Great Value & Opportunity! Very rare unrestricted commercial property on 0.43 acres just Southeast of San Marcos on Highway 123 on the road towards Seguin. Building is 2,000 SF with 3 rooms, 1 full size kitchen, 2 bathrooms. Behind the building is an existing MH/RV space with utility hookups. The property is located in the heart of a massive growth corridor with a 16,000+ vehicle traffic count per day. Located right at the entrance to the new $1.5 Billion Sedona South Master Planned Residential Community encompassing 541 acres with 3,000 new homes and 100 acres of commercial and multifamily properties. Projected to increase in price to $1.2 Million within 5 years due to its proximity to the new community. Multiple uses - Perfect for office complex, retail use, service industry shop, church, industrial use, residential triplex, restaurant, food truck court, gaming room, used car dealership, etc. You can live in the back of the building and run your business in the front or you can live in the RV/MH space behind the building and run your business in the whole building. Also includes an asphalt parking lot, large highway display sign, separate large storage building, propane tank, rear garden/patio area, two separate A/C units, Guadalupe County, San Marcos ETJ. Utilities are Bluebonnet Electric and Crystal Clear Water. Immediate move in available. Also available for Lease, Lease with Option to Purchase and Owner Financing.
Full Property Details
Full Property Details for 16870 N Hwy 123
General
- Price: $550,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 619449
- Updated: 7/12/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Storage
- Fireplace(s): None
- Appliances: Dishwasher, Electric Range, Oven, Refrigerator, Range Hood, Some Electric Appliances, Range
- Flooring: Tile, Carpet Free
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry in Utility Room, Laundry Room
Exterior
- Exterior Features: Porch, Patio, Storage, Propane Tank - Owned
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Parking Features: Driveway Level, Handicap
Location
- County: Guadalupe
- Subdivision: Charles Henderson Surv #55 Abs
- Driving Directions: Go Southeast from IH-35 from San Marcos towards Seguin on N State Hwy 123 for approximately 5 miles. Property is on the right about 5 miles past the San Marcos High School Football Stadium.
- Direction Faces: North
School Information
- Elem School District: San Marcos Cisd
- Midd School District: San Marcos Cisd
- High School District: San Marcos Cisd
- Elementary School: Bowie Elementary
- Middle School: Owen Goodnight Middle School
- High School: San Marcos High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 2 Units
- Heating Type: Central, Electric, Multiple Heating Units
Utilities
- Electric Available: Yes
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utility Description: Electricity Available, Propane, Phone Available
Structural Information
- Architectural Style: Contemporary/Modern, Other, See Remarks
- Construction: Masonry, Stucco, Wood Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,000
- Sq. Ft. Source: Appraiser
- Living Area: 2,000 Sq. Ft.
- Year Built: 1975
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Meadow, Other
- Lot Size (Acres): 0.428
- Lot Dimensions: 100 x 208 x 80 x 208
- Frontage: Highway, Asphalt, Paved
- Fencing (Description): Partial, Wire
Horse Property
- Horse Property: Yes
Water Features
- Water Front Name: Fields, Other-See Remarks
Financial Considerations
- Terms: Cash, Conventional, Lease Option, Owner May Carry
Disclosures and Reports
- Documents Avail.: Aerial, Disclosure(s), Seller's Property Disclosure, Survey
- Legal Description: ABS: 147 SUR: CHARLES HENDERSON 0.4280 AC.
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 64207
Listed by Sundance Homes & Realty
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Or call us at (800) 531-7667
Listing agent
— 16870 N Hwy 123 —
Sundance Homes & Realty
(512) 450-4373
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 16870 N Hwy 123
Tax History
Tax History for 16870 N Hwy 123
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,550
14%
$263,000
-7%
2023
$3,101
—
$283,700
21%
2023
$3,101
100%
$235,000
45%
2022
100%
$162,412
12%
2020
-100%
$145,432
14%
2020
$2,011
-13%
$127,253
-1%
2018
$2,314
4%
$128,499
-2%
2019
$2,231
-9%
$131,160
-3%
2017
$2,439
-5%
$135,598
-5%
2016
$2,578
-8%
$142,895
-8%
2015
$2,793
59%
$154,827
25%
2013
$1,762
—
$123,924
28%
2013
$1,762
—
$96,876
—
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 16870 N Hwy 123
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16870 N Highway 123, San Marcos, TX 78666 (MLS# 619449) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 16870 N Highway 123 is currently listed for $550,000 and was received on July 12, 2026. Want to learn more about 16870 N Highway 123? Do you have questions about finding other Single 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.