2516 S Old Bastrop Highway

The offering consists of ±46.28 acres located along Old Bastrop Highway and FM 110 in San Marcos, Texas, within an Opportunity Zone 2.0, presenting a compelling mixed-use development opportunity. The property includes ±9.91 acres zoned C-3 for retail and commercial uses and ±36.37 acres zoned CD-4 for build-to-rent townhome development. A conceptual site plan illustrates 311 townhome units and approximately 69,500 SF of commercial space across three pads, with proposed frontage improvements including a median cut and turn lanes along FM 110.

Situated within the City of San Marcos, the property benefits from proximity to established residential communities, educational institutions and major employment centers, including San Marcos High School, Cottonwood Creek Business Park and the future McCarty Industrial Park. Its location within an Opportunity Zone 2.0 further enhances its investment appeal, while continued population growth, expanding employment opportunities and Texas State University's presence reinforce San Marcos' position as a thriving market along the Austin–San Antonio corridor.

In addition to an outright sale, the Seller is open to exploring a joint venture or co-developer partnership, providing additional flexibility for groups interested in advancing the development.