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

    401 Haven Crest Ln San Marcos, TX 78666

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

    San Marcos, TX development opportunity. Highway 123 frontage.

    Property Features for 401 Haven Crest Ln

    General Information

    Property type
    Land
    Lot Size
    1,916,640 SF

    We can help!

    Listing Contact
    Michael Kelleher
    Michael Kelleher

    Listing Agency: Matthews Real Estate Investment Services Austin Listing Agent: Michael Kelleher

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

    Learn more

    Overview

    This exceptional 44-acre commercial land parcel presents a unique investment opportunity in the rapidly growing San Marcos, Texas area. Strategically located on State Highway 123, the property boasts over 725 feet of highway frontage, providing unparalleled visibility and accessibility. Priced competitively at $3 per square foot, this represents a low buildable price per square foot for the area, especially considering the minimal competition for industrial space along Highway 123. The site enjoys convenient proximity to major transportation arteries, situated approximately 3.6 miles from Interstate 35, offering seamless connectivity to Austin, San Antonio, Seguin, New Braunfels, and the Buda/Kyle area. Currently situated within San Marcos' extraterritorial jurisdiction (ETJ), the property is actively pursuing annexation into Guadalupe County, streamlining future development processes. The asking price for this expansive tract is $5,654,088. This property is approximately 1.8 miles from the San Marcos city limit. This presents a rare chance to acquire a large-scale development site with significant potential for a variety of commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Bar & Pub Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    Guadalupe
    State
    Texas
    Longitude
    -97.949249
    Latitude
    29.784599

    Nearby Similar for Sale

    • $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
    • $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
    • $1,500,000
      3,800 SF

      Versatile Commercial Building in San Marcos

      Flexible commercial space with office and warehouse areas for sale.
      2108 Old Ranch Road 12, San Marcos, TX 78666
      View Details
    • New
      $418,500
      2,046 SF

      Duplex Near Texas State University

      Duplex near Texas State University with updated interiors.
      318 Craddock Ave, 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
    • $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
    • New
      $282,500
      1,400 SF

      San Marcos Investment Duplex Opportunity

      Duplex near Texas State University, ideal for leasing or owner-occupancy.
      1030/1032 Haynes St, San Marcos, TX 78666
      View Details
    • $324,900
      1,497 SF

      San Marcos Duplex Investment Opportunity

      Short-term rental capable duplex near Texas State University.
      1026 Haynes St, San Marcos, TX 78666
      View Details
    • $389,200
      1,273 SF

      San Marcos Duplex Investment Opportunity

      Recently renovated duplex near San Marcos River, ideal for investors.
      1005/1007 Haynes St, San Marcos, TX 78666
      View Details
    • $398,900
      1,300 SF

      San Marcos Duplex For Sale

      Recently renovated duplex near San Marcos River and local amenities.
      1017/1019 Haynes St, San Marcos, TX 78666
      View Details
    • $407,000
      1,473 SF

      San Marcos Duplex Near River

      Recently renovated duplex near San Marcos River, ideal for investors.
      1101/1103 Haynes St, San Marcos, TX 78666
      View Details
    • $790,000
      5,295 SF

      Mixed-Use Investment Near Texas State

      Two adjoining properties with commercial and multifamily potential near university.
      521 W Hutchison St, San Marcos, TX 78666
      View Details

    FAQs

    What type of property is this?
    Land - San Marcos, TX development opportunity. Highway 123 frontage.
    Where is this land located?
    The property is located at 401 Haven Crest Ln San Marcos, TX.
    What is the asking price?
    The asking price for this property is $5,654,088.
    What are key features of this property?
    This property features: ±1.8 miles to San Marcos city limits.; 44-acre development site with over 725 feet of frontage on State Highway 123.; Low buildable price per square foot; minimal industrial competition on Highway 123.
    (512) 535-1655 Call to check price and availability
    Request Owner's contact information
    401 Haven Crest 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.
    401 Haven Crest 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
    401 Haven Crest 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 Michael Kelleher
    Michael Kelleher
    Real Estate License ID: 764467
    (512) 535-1655 (210) 844-7353 (866) 889-0550
    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!