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$975,000
6 Beds 3 Baths 9472973 MLS 78666 Zip Code
Unlike commodity commercial or residential assets, this property is likely to appeal most strongly to a buyer with a specific vision for adaptive reuse or experiential-oriented development. The existing improvements, combined with the site’s natural setting and utility infrastructure, create potential for a wide range of uses subject to buyer due diligence and municipal approvals. The existing structure is older but has undergone recent updates. Historically, the property functioned in a group-house/fraternity-style capacity, and the current layout may lend itself to concepts such as lodging, boutique hospitality, retreats, event-oriented use, group living, wellness-oriented programming, or other adaptive-reuse opportunities. Prospective purchasers should independently verify any intended use with the appropriate governmental authorities, including zoning, floodplain regulations, parking requirements, building code compliance, fire/life-safety standards, and permitting considerations. Utility availability represents another major advantage of the property. For many river-oriented hospitality or experiential uses - including bed & breakfast concepts, event facilities, retreat accommodations, restaurant use, glamping, RV-oriented concepts, or group housing - existing utility infrastructure can significantly reduce development barriers, timelines, and upfront capital requirements.

1801 Uhland Rd Unit CR161, San Marcos

$549,000
4 Beds 2 Baths 8870983 MLS 78666 Zip Code
Rare opportunity to own a beautifully improved 4-bedroom, 2-bath home with approximately 2,467 sq ft on 0.56 acres, including an adjoining 0.28-acre lot that conveys with the sale. The additional lot, located directly downhill to the northeast, provides added privacy, expanded outdoor space, and potential future building or subdivision opportunities (buyer to verify). Inside, the home has been extensively updated with new luxury vinyl plank flooring throughout and abundant natural light from the bright living areas and sun-filled room. The primary suite was remodeled to create a larger, more functional bathroom featuring an expanded shower and improved layout. Both bathrooms have been updated with new toilets, vanities, fixtures, tile flooring, and a new tub/shower installation. Major system improvements include a new roof (2023), new city-inspected electrical service panel and power pole (2023), and a hot water heater replaced in late 2025. The HVAC system, with gas heat and electric air conditioning, is approximately 10 years old and performs exceptionally well. The interior and exterior have been fully repainted with Sherwin-Williams SuperPaint. All appliances convey, making this a truly move-in-ready property. Outdoor amenities include reinforced concrete front and rear patios, full-perimeter sidewalks and walkways with rebar reinforcement, custom landscaping, outdoor gathering spaces, a long driveway, and a double parking pad. The garage has been converted into a dedicated tool and workshop room, providing valuable workspace and storage. The backyard and adjoining lot are fully fenced for dog retention, offering extensive room for pets to roam and enjoy. Significant investment has also been made in drainage and erosion-control improvements, including masonry water channels, raised siding protection, rock features, mulch beds, and check dams designed to direct water away from the home and enhance long-term property stability.

210 Harvard St, San Marcos

$205,000
2 Beds 2 Baths 3622241 MLS 78666 Zip Code
Ideally located near Texas State University, dining, shopping, and local entertainment, this well-appointed single-level condominium offers both comfort and convenience. The thoughtfully designed open floor plan features a spacious and versatile living area anchored by a charming wood-burning fireplace, creating a warm and inviting setting for relaxing or entertaining. The galley-style kitchen offers efficient design and functionality, complemented by a breakfast bar that flows seamlessly into the inviting dining area. Step outside to the private covered balcony, a perfect place to unwind and enjoy the outdoors. Residents also enjoy access to the community swimming pool, while HOA dues conveniently include water, trash service, and basic cable. The property includes one assigned parking space, with additional guest parking available throughout the complex. This low-maintenance residence offers an ideal blend of location, lifestyle, and everyday convenience.

1202 Thorpe Ln Unit 216, San Marcos

$1,900,000
3 Beds 2 Baths 1711177 MLS 78666 Zip Code
Set on 22± acres of a cherished 58+ year family ranch, this ag-exempt property offers a rare opportunity to own a truly special piece of the Texas Hill Country. Towering, majestic oaks anchor the landscape, while a spring-fed creek—currently low due to drought—winds through the property, adding to its natural charm and character. Well-equipped for ranching or recreation, the property features multiple barns, corrals, and a guest house currently utilized for a hunting lease, offering immediate functionality and income potential. Whether you envision enhancing the existing improvements or starting fresh with a custom dream home, the possibilities here are wide open. Ideally located with a San Marcos address yet just minutes from Wimberley, New Braunfels, and Canyon Lake, this property combines convenience with peaceful seclusion. Picturesque, private, and rich in history, this is a truly unmatched setting ready for its next chapter.

5421 Purgatory Rd, San Marcos

$689,900
1052425 MLS 78666 Zip Code
Cash Flow! 5,600 in gross rents. Three of the four tenants have renewed for another year! Two Duplexes! Each unit has 3 bedrooms and 3 bathrooms with detached washer and dryer areas. Downstairs has full size and up stairs has stackable. No carpet in any of the units. Tile and vinyl wood floors. Hardy plank siding. Newer appliances and water heaters. HVAC's in great shape. Plenty of parking. Water and electric are all separate. Three of the 4 tenants have renewed for another year. Three have been there 2 years+. Each duplex is on its own lot and must be sold together. Perfect for one investor or two that want to go in together. Must close both properties at the same time. Amazing location-walking distance to Walmart, Gas Station and Blanco River park. Close to major retail centers. Easy access to I-35. Best part of all...Seller financing is available! * lot next door also included R181561

1414-1420 River Rd, San Marcos

$349,000
3 Beds 2 Baths 4425225 MLS 78666 Zip Code
This versatile .89-acre property represents a rare opportunity to secure a high-potential business compound designed for maximum ROI. Featuring two fully updated structures and a footprint that explicitly allows for commercial use, the site is perfectly positioned for a client-facing storefront with an on-site rental, a professional service hub, or a multi-unit income engine. With major infrastructure improvements completed between 2022 and 2025, this property delivers the modern efficiency and flexibility required for a professional live-work environment or a dedicated commercial enterprise. The primary structure at 174 Soul Harvest serves as a sophisticated flagship workspace or creative studio. Spanning approximately 1,400 square feet, this move-in-ready building was fully renovated in 2022 and received a fresh aesthetic update in 2025. The interior is defined by an open-concept layout and durable luxury vinyl flooring, ensuring the space can handle high-traffic commercial activity while maintaining a professional feel. A high-end kitchen with soft-close cabinetry and a primary suite featuring an extended walk-in shower provide the premium amenities necessary for an owner-operator or on-site manager. Complementing the main workspace is the 1,000-square-foot secondary building at 220 Soul Harvest, which functions as high-value flex space or an immediate income producer. This structure has undergone rigorous system overhauls, including new PEX plumbing, new HVAC ducts, a new condenser, and energy-efficient windows. Recent 2024 and 2025 updates to the appliances and bathroom ensure it remains a turnkey asset. Currently occupied by a tenant, this building provides immediate cash flow to offset overhead while the exterior offers a blank canvas for custom branding.

174 & 220 Soul Harvest Pass, San Marcos

$2,400,000
4 Beds 2 Baths 3510293 MLS 78666 Zip Code
57+ acre Legacy Ranch encircled by protected Greenbelt with seasonal creek! Ideal for multi-generational homesteads, long term land hold investment, custom home sites, preservation, or agritourism opportunity. Rare opportunity in the heart of San Marcos. 1750 Craddock Ranch offers a unique opportunity to own a piece of Central Texas Hill Country surrounded by Purgatory Creek Natural Area. This protected greenbelt is part of the larger San Marcos Greenbelt Alliance trail system that ensures the property will maintain its natural charm for years to come and protects the property value. Great drone footage of this beautiful Ranch on the virtual tour! Ag-exemption allow for exceptionally low taxes and low cost of ownership. Ranch features 2 homes (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and pond/stock tank. The landscape features a combination of wide-open pastures, mature Oak & Elm woodlands and wet-weather creeks. Civil Engineering report, environmental study, and recent ALTA survey are available in the documents section. A comprehensive Site Investigation Report by Mahoney Engineering outlines development feasibility. Property is ideal for low density development with its FD zoning, seasonal creek running through the property, and frontage. The property lies within the full-purpose jurisdiction of the City of San Marcos. Mahoney Engineering Development Proposal is available. Secondary address is 1661 Valencia Way. Access is via private easement through parkland. Property has 2 long-term tenants to cover taxes and ranch management. Contact listing agent with questions or to schedule a showing. (HCAD PIDs R18829 / R85397). Listed as MLS 4937843 & 3510293.

1750 Craddock Ave, San Marcos

$2,400,000
4 Beds 2 Baths 4937843 MLS 78666 Zip Code
57+ acre Legacy Ranch encircled by protected Greenbelt with seasonal creek! Ideal for multi-generational homesteads, long term land hold investment, custom home sites, or preservation. Rare opportunity in the heart of San Marcos. 1750 Craddock Ranch offers a unique opportunity to own a piece of Central Texas Hill Country surrounded by Purgatory Creek Natural Area. This protected greenbelt is part of the larger San Marcos Greenbelt Alliance trail system that ensures the property will maintain its natural charm for years to come and protects the property value. Great drone footage of this beautiful Ranch on the virtual tour! Ag-exemption allow for exceptionally low taxes and low cost of ownership. Ranch features 2 homes (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and pond/stock tank. The landscape features a combination of wide-open pastures, mature Oak & Elm woodlands and wet-weather creeks. Civil Engineering report, environmental study, and recent ALTA survey are available in the documents section. A comprehensive Site Investigation Report by Mahoney Engineering outlines development feasibility. Property is ideal for low density development with its FD zoning, seasonal creek running through the property, and frontage. The property lies within the full-purpose jurisdiction of the City of San Marcos. Mahoney Engineering Development Proposal is available. Secondary address is 1661 Valencia Way. Access is via private easement through parkland. Property has 2 long-term tenants to cover taxes and ranch management. Contact listing agent with questions or to schedule a showing. (HCAD PIDs R18829 / R85397). Listed as MLS 4937843 & 3510293.

1750 Craddock Ave, San Marcos