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Courtesy of eXp Realty, LLC, Soomin Kim Listing Contact: (714) 926-5730

For Sale

175 Eastwood LN

175 Eastwood LN, San Marcos, TX 78666

$6,200,000

* Scale & Optionality: At ~28 acres near Texas State, the site has strong long-term potential for multifamily or student housing development. The conceptual layout suggests capacity for a large-scale project, though most developers will likely underwrite a reduced density scenario initially.

* Infrastructure Considerations: Based on the utility maps, water and wastewater will need to be extended to the site, and the property sits in the San Marcos ETJ. Developers will typically factor those infrastructure costs and entitlement risk into their land basis.

* Developer Underwriting: When applying current construction costs, cap rates, and typical land residual assumptions for multifamily in the San Marcos market, most developers will likely build closer to 650-800 units rather than maxing out the 1,000+ units.

37.83 Acres lot

Soomin Kim

title Real Estate Agent
PHONE (714) 926-5730
EMAIL [email protected]
DRE # 0746459

Features & Amenities

Area & Lot

Status For Sale
Lot Area37.83 Acres
MLS® ID7163656
TypeLand
Water FrontageNone
View DescriptionRural, Trees/Woods
Elementary SchoolRodriguez (San Marcos ISD)
Middle SchoolMiller
High SchoolSan Marcos
School DistrictSanMarcosCONSISD

Exterior

water SourcePublic
utilitiesCable Available, Electricity Available, Sewer Available, Water Available
lot featuresAgricultural, Cleared, Few Trees, Level, Trees-Moderate
sewerPublic Sewer

Financial

Sales Price$6,200,000
Real Estate Tax $23,332/yr

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Work with Soomin Kim

Working with Soomin is more than just a transaction; it’s a meaningful and impactful journey. Soomin understands that the process can be emotional and challenging, which is why you need a trusted, experienced agent with a proven track record. Soomin is here to provide exceptional service and support every step of the way.

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