ActiveMLS# 8708889
$3,520,000
17.6 Acres · Lot/Land · $200,000/acre
600 NW River Rd
Martindale, TX 78655 (Caldwell County)

About this property

Hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

Property details

Property TypeLot/Land
Acreage17.6 acres
StatusActive
Days on Market1 days
ListedMay 24, 2026
CountyCaldwell
ZIP Code78655
Price per Acre$200,000/acre
MLS Number8708889
Listed ByLand Unlimited

Location

Area & Lifestyle

About the Area

600 NW River Rd is located in Martindale, Texas, in Caldwell County. Caldwell County lies at the southern edge of the Hill Country transition, centered on Lockhart, the Barbecue Capital of Texas, home to legendary pitmasters whose craft has drawn food pilgrims from around the world. The county blends working-class Texas tradition with proximity to the booming Austin corridor.

The San Marcos River forms part of the county's northern boundary, and the Plum Creek watershed drains much of the county's rolling blackland prairie and post oak savanna. The terrain is gentler than the Hill Country proper, with broad agricultural plains transitioning to wooded creek bottoms.

Martindale had an estimated population of 1,090 as of 2023. The 78655 zip code has a median household income of $48,409, a median home value of $223,000, and a median age of 46.6. The average household size is 2.52 people.

Agriculture, barbecue tourism, manufacturing, and Austin metro spillover define Caldwell County's economy. Lockhart has seen significant investment as buyers priced out of Austin seek affordable acreage and small-town living within 40 miles of downtown.

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 Land Unlimited.

T
X
R
L
Barron Johnson
Broker Associate · Spyglass Realty