Old Bastrop Road – San Marcos

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Old Bastrop Road – San Marcos, Texas

28.4-Acre Mixed-Use Townhome & Retail Parcel

This expansive 28.4-acre parcel along Old Bastrop Road in San Marcos, TX is entitled for 100 modern townhomes and approximately 7 acres of commercial/retail space—creating the foundation for a vibrant, mixed-use community in one of Central Texas’ fastest-growing cities.

Strategically positioned within the City of San Marcos’ new Downtown Area Plan (adopted 2023), this site lies inside the vision for the city’s planned “Second Downtown,” offering a rare opportunity to participate in the area’s long-term urban expansion. With strong demand from families, young professionals, students, and workforce residents, this mixed-use neighborhood is designed for walkability, convenience, and modern living.

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Project Details

  • Location: Old Bastrop Road, San Marcos, Texas
  • Total Land Area: 28.4 acres (entitled for mixed-use development)
  • Residential Component: 100 modern townhome units designed for flexibility and comfort— ideal for families, young professionals, and residents seeking walkable housing options.
  • Commercial/Retail Component: ~7 acres dedicated to shops, restaurants, services, and daily-needs retail that support both residents and surrounding neighborhoods.
  • Strategic Growth Zone: Part of San Marcos’ planned “Second Downtown,” positioned for urban-core expansion under the newly adopted San Marcos Downtown Area Plan (2023).
  • Proximity to Downtown: Minutes from historic downtown San Marcos—featuring local boutiques, cafés, live music venues, galleries, nightlife, and cultural events.
  • Recreation Nearby: Quick access to the San Marcos River—renowned for tubing, kayaking, swimming, trails, and riverside parks that attract both residents and tourists.
  • Central Texas Growth Corridor: San Marcos is part of the booming Austin–San Antonio corridor, projected to see significant population and housing growth through 2050.
  • Tenant Market Potential: Strong rental demand driven by population growth, university presence, expanding employers, and limited availability of modern housing inventory.
  • Mixed-Use Synergy: Residential + retail creates a cohesive, walkable community, improving convenience, foot-traffic potential, and long-term property value.
  • Long-Term Upside: As the Downtown Area Plan continues to evolve—with new infrastructure, mobility improvements, and urban enhancements—the site is positioned for rising demand and value appreciation.
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