San Marcos, TX 78666 (Hays County)
About this property
Positioned in one of the fastest-growing corridors of San Marcos, this 12.184-acre tract offers a rare opportunity for developers and investors seeking scale, utility access, and proximity to major transportation routes. Located just off Northbound I-35 in the Blanco Gardens area, the site is currently zoned SF-6 and benefits from public water and sewer availability. The property is flat, largely cleared, and well-suited for a range of residential development strategies including townhomes, multifamily, or build-for-rent communities, subject to approvals. While the entire site lies within the 100-year floodplain, it is currently being evaluated under the Blanco Gardens Drainage Improvement Project, creating potential long-term mitigation upside. With strong population growth, increasing housing demand, and nearby development activity, this site represents a compelling value-add or ground-up development opportunity in the path of growth. Offered for sale or lease with option to purchase, this is a flexible acquisition for forward-thinking developers. Property being sold as-is, bring all offers!
Property details
Location
About the Area
000 Smith Ln is located in San Marcos, Texas, in Hays County. Hays County is one of the fastest-growing counties in the United States, driven by the explosive growth of San Marcos and Kyle-Buda corridor connecting Austin and San Antonio. The county blends Hill Country character in its western reaches, Wimberley, Dripping Springs, Driftwood, with rapidly urbanizing communities along the I-35 corridor.
The Blanco River and Barton Creek headwaters flow through Hays County, carving spring-fed swimming holes beloved by generations of Texans. Jacob's Well, a natural cylindrical karstic spring, and the swimming holes of Blue Hole Regional Park draw visitors year-round. The Edwards Plateau escarpment creates dramatic topographic relief in the western half of the county.
San Marcos had an estimated population of 68,920 as of 2023. The 78666 zip code has a median household income of $55,478, a median home value of $271,900, and a median age of 27. The average household size is 2.35 people.
Texas State University anchors San Marcos, supporting a significant education and healthcare sector. The I-35 corridor has attracted major distribution centers and manufacturing. The western Hill Country communities of Wimberley and Dripping Springs have become destination wine, dining, and retreat markets commanding premium real estate prices.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Buttross Properties.