Martindale Multifamily Development
For Sale
$3,520,000
600 River Road, Martindale, TX 78655
CommercialSale, Martindale, TX
Property SizeContact for details
Lot Size17.60 Acres
Days on Market192
Property Features for 600 River Road
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Acreage, City Lot
Directions
From Highway 80 in San Marcos go toward Martindale. Property is on the right at corner of Quail Run
Standard status
Active
APN
27899
Lot size
17.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
A021 PETTUS, WILLIAM, ACRES 17.6
Tax Annual Amount
2349
Legal Description
A021 PETTUS, WILLIAM, ACRES 17.6
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Land Unlimited
(512) 729-7139
Listed By:
Kaylee Sutton · License #0700093
(512) 470-4237
Added: Feb 19
Changed: Aug 20
Last Checked: Aug 30 at 7:06PM
MLS# 604661
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 17.6-acre tract is positioned at the hard corner of Highway 80 and Quail Run in Martindale, Texas. The property features over 2,100 feet of highway frontage along Highway 80. It represents a multifamily development opportunity, located minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units, according to the seller. There is flexibility to incorporate supporting commercial or mixed-use components. The property is located within city limits and is served by city water and sewer. It is currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.
Key Highlights
- Premier multifamily development opportunity with potential for up to 320 units.
- Boasts over 2,100 feet of highway frontage on Highway 80.
- Located within city limits with access to city water and sewer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
Demographics for 78655, TX
2,910
Population
1,534
Households
1.9
Avg Household Size
42
Median Age
21%
College-Educated
78%
High-School Grad
28.7 sq mi
ZIP Area
101
Density / Sq Mi
$48,409
Median Household Income
$35,222
Median Earnings
$1,012
Median Rent
$223,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 17.6-acre tract ideal for multifamily development near San Marcos.
Where is this commercial land located?
The property is located at 600 River Road Martindale, TX.
What is the asking price?
The asking price for this property is $3,520,000.
What are key features of this property?
This property features: Premier multifamily development opportunity with potential for up to 320 units.; Boasts over 2,100 feet of highway frontage on Highway 80.; Located within city limits with access to city water and sewer.
