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Multi-Suite Flex Space
For Lease
$19 SF/Yr

1224 N State Highway 123, San Marcos, TX 78666

CommercialLease, San Marcos, TX

Space Size1,600 SF - 10,000 SF
Lot Size0.94 Acres
Days on Market317

Property Features for 1224 N State Highway 123

General Information

Property type Commercial Lease
Property subtype Other
Zoning Comm
Parking 42
Subdivision Sunset Acres
Lot features Half To One Acre Lot
Elementary school district San Marcos Cisd
Middle school district San Marcos Cisd
High school district San Marcos Cisd
Directions From I 35, Exit for H 123 toward Seguin. Property will be on your right.
Standard status Active
APN R44387
Size 12,325 SF
Lot size 0.94 Acres

Taxes and HOA fees

Tax Description SUNSET ACRES LOTS 21-22 & 40 FT OF 23 BLK 14 40,776 SQ FT
Legal Description SUNSET ACRES LOTS 21-22 & 40 FT OF 23 BLK 14 40,776 SQ FT

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1964
Floors in Building 1
Flooring type Tile, Carpet, Vinyl
Building materials Block, MetalSiding, Concrete
Listing Agency: Andrew Phillips, Broker
Listed By: Andrew Phillips · License #0672721
Added: Oct 10, 2025 Changed: Aug 20 Last Checked: Aug 22 at 12:06PM
MLS# 595040

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 lease offering includes four commercial suites that may be occupied individually or combined, with available configurations ranging from 1,600 to 10,000 square feet. The spaces include a 2,400-square-foot office suite with six private offices, a central work area, two restrooms, storage, and natural stone finishes; a 3,600-square-foot open commercial suite with five private rooms and two bathrooms; a 2,400-square-foot layout with reception, waiting room, eleven private rooms, and two bathrooms; and a 1,600-square-foot adaptable suite. Tile, carpet, and vinyl flooring are present across the property.

The property is located at 1224 N State Highway 123 in San Marcos, near Texas State University. It occupies 0.9361 acres and includes public water and public sewer service. The building was constructed in 1964 and uses block, metal siding, and concrete construction materials.

Key Highlights

  • Four suites available individually or in combination, with configurations from 1,600 to 10,000 square feet
  • 2,400‑square‑foot office suite with six private offices, two restrooms, central workspace, and storage
  • 3,600‑square‑foot open commercial suite with five private rooms and two bathrooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

783
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78666, TX

86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Four adaptable commercial suites offer office, retail, medical, showroom, and service-oriented configurations near Texas State University.
Where is this flex space located?
The property is located at 1224 N State Highway 123 San Marcos, TX.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Four suites available individually or in combination, with configurations from 1,600 to 10,000 square feet; 2,400‑square‑foot office suite with six private offices, two restrooms, central workspace, and storage; 3,600‑square‑foot open commercial suite with five private rooms and two bathrooms
More about this property
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