Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    175 Eastwood Ln San Marcos, TX 78666

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    37.83 acres in San Marcos, TX, ideal for development.

    Lot size:
    38.00 Acres

    Property Features for 175 Eastwood Ln

    General Information

    Lot size
    38.00 Acres

    We can help!

    Listing Contact
    Uri Uriah
    Uri Uriah
    Source: Moodyscre

    Listing Agency: Uriah Real Estate Organization - San Antonio Listing Agent: Uri Uriah

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    San Marcos Land Development Opportunity

    This 37.83 +/- acre property is located in San Marcos, Texas, and offers convenient access to Interstate 35. The flat, well-maintained land has access to utilities, making it suitable for various development projects. The property's location near Texas State University and the surrounding community's ongoing growth and development, coupled with the university's expansion plans, position it as a potential investment. The site is suitable for single-family development, retail spaces, office buildings, multi-family housing, or mixed-use development. Sewer and water are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    Hays
    State
    Texas
    Longitude
    -97.9618194
    Latitude
    29.9016897

    Nearby Similar for Sale

    • New
      $495,000
      3,000 SF

      San Marcos Commercial Building on Acreage

      3,000 SF commercial building on 1.2 acres in San Marcos.
      321 Cheatham St, San Marcos, TX 78666
      View Details
    • New
      $1,500,000
      3,800 SF

      Versatile Commercial Building in San Marcos

      Flexible commercial space with office and warehouse components for sale.
      2108 Old Ranch Road 12, San Marcos, TX 78666
      View Details
    • $800,000
      2,962 SF

      Historic Building in San Marcos

      Historic building near courthouse and university, mixed-use potential.
      321 S Lbj Dr, San Marcos, TX 78666
      View Details
    • $995,000
      2,160 SF

      Prime Commercial Lot on I-35

      High-visibility commercial lot near major retailers, ideal for development.
      2517 S Interstate 35, San Marcos, TX 78666
      View Details
    • $975,000
      1,206 SF

      San Marcos Commercial Property For Sale

      Exceptional commercial property on I-35 corridor in San Marcos, Texas.
      1712 N Interstate 35, San Marcos, TX 78666
      View Details
    • $2,950,000
      7,783 SF

      Class A Office Building

      Three-story office building with balconies and elevator in San Marcos.
      330 Wonder World Dr, San Marcos, TX 78666
      View Details
    • $1,750,000
      4,814 SF

      Versatile Mixed-Use Commercial Property

      Mixed-use property with high-traffic location and flexible layout.
      715 W Hopkins St, San Marcos, TX 78666
      View Details
    • $444,999
      2,768 SF

      Duplex Near Texas State University

      Well-maintained duplex near Texas State, leased through July 2026.
      903/905 Sagewood Trl, San Marcos, TX 78666
      View Details
    • $3,500,000
      3,861 SF

      San Marcos Ranch with Hill Country Home

      82-acre ranch featuring a hill country home and water features.
      4000 Center Point Rd, San Marcos, TX 78666
      View Details
    • $3,000,000
      17,584 SF

      Historic Corner Property in Downtown

      Two-story, 17,584 SF mixed-use building in San Marcos, TX.
      101 E Hopkins St, San Marcos, TX 78666
      View Details
    • $990,000
      6,600 SF

      San Marcos Duplex Portfolio

      Three cash-flowing duplexes in San Marcos, Texas.
      1009-1019 Advance St, San Marcos, TX 78666
      View Details
    • $575,000
      5,268 SF

      San Marcos Multifamily Property

      Multifamily property near downtown and Texas State University.
      121 Scott St, San Marcos, TX 78666
      View Details

    FAQs

    What type of property is this?
    Land - 37.83 acres in San Marcos, TX, ideal for development.
    Where is this land located?
    The property is located at 175 Eastwood Ln San Marcos, TX.
    What are key features of this property?
    This property features: - 37.83 +/- acres in booming San Marcos, TX.; - Ideal for commercial or residential development: single-family, retail, office, multi-family, or mixed-use.; - Easy access to IH-35 and close proximity to Texas State University.
    (210) 315-8885 Call to check price and availability
    Request Owner's contact information
    175 Eastwood Ln San Marcos, TX 78666
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    175 Eastwood Ln
    San Marcos, TX 78666
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    175 Eastwood Ln San Marcos, TX 78666
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Uri Uriah
    Uri Uriah
    Real Estate License ID: 9002555
    (210) 315-8885 (830) 600-5263 (512) 960-0747
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!