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Land Near Texas State University
For Sale
$4,995,000

175 Eastwood Ln, San Marcos, TX 78666

Land near university and planned developments, ideal for multifamily housing.

Property Size37 SF
Lot Size37.00 Acres
Price / SF$135,000
Days on Market127

Property Features for 175 Eastwood Ln

General Information

Standard status Active
Size 37 SF
Lot size 37.00 Acres
Zoning ETJ
Listing Agency: Life by Design Commercial Group
Listed By: James Moreno · License #635079
Source: Expcommercial
Added: Apr 29 Changed: Aug 16 Last Checked: Sep 1 at 2:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Life by Design Commercial Group

Investment Insights

Based on property information with market context.

This 37-acre property is strategically located minutes from Texas State University, a Tier 1 institution with over 40,000 students, driving consistent housing demand in the San Marcos market. Its proximity to campus places it within the core of student housing demand, where occupancy, rent growth, and absorption have historically outperformed surrounding markets. This translates to a reliable tenant base backed by a large and expanding student population, making it suitable for student housing or multifamily projects. The property is also located just minutes from the planned $267M Hill Country Studios development, expected to bring new jobs, residents, and long-term economic growth to the area. Combined with its position along the Austin to San Marcos growth corridor and proximity to a planned 2,000-acre industrial park, the location offers an opportunity to deliver a high-impact project in a market defined by both student-driven demand and regional expansion. The property is located within a designated Opportunity Zone, creating potential tax advantages for qualified investors and developers.

Key Highlights

  • Minutes from Texas State University (40,000+ students), ensuring consistent housing demand.
  • Located within the core of student housing demand, demonstrating strong occupancy, rent growth, and absorption rates.
  • Proximity to the planned $267M Hill Country Studios development, expected to bring new jobs and economic growth.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Law Firm Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land near university and planned developments, ideal for multifamily housing.
Where is this commercial land located?
The property is located at 175 Eastwood Ln San Marcos, TX.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Minutes from Texas State University (40,000+ students), ensuring consistent housing demand.; Located within the core of student housing demand, demonstrating strong occupancy, rent growth, and absorption rates.; Proximity to the planned $267M Hill Country Studios development, expected to bring new jobs and economic growth.
More about this property
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