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$1,599,000

1322 N Interstate 35, San Marcos, TX, 78666

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,200 Sq Ft
price_per_sqft$1,332.5 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringSee Remarks

Exterior

Lot Size1.93 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR12212
Lot Number239
SubdivisionJuan M Veramendi Survey #2
Land UseResidential
Legal DescriptionA0017-2 JUAN M VERAMENDI SURVEY #2, TRACT 239, ACRES 1.93, (1.837 AC HS) TAX CODES:SSM,WEU,WUS,TSM1,THC1
Census Tract010305
Assessed Land Value$113,540
Assessed Improvement Value$87,850
Assessment Year2025

About this property

This 1.9± acre property, zoned for mixed use, is an excellent commercial real estate opportunity with high visibility along the bustling N IH-35 corridor in San Marcos. The seller provided survey, and the mixed use zoning allows for multiple potential uses such as retail stores, restaurants, or multi-family developments. Located less than a mile from Hwy 80, EVO Entertainment, Gary Softball Complex, and Texas State University, this site benefits from strong vehicle traffic. Joint access easements are already in place, offering convenient shared entry points. Additionally, the quick access to the IH-35 on-ramp makes this property even more desirable for businesses looking to cater to both local residents and commuters. This location presents a rare chance to develop in a thriving, high-demand area with excellent proximity to major attractions and thoroughfares.

Investor Tools

$0Estimated Mortgage Balance
$256,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,594 /month
Positive
Cash Flow Estimate:
$3,198 /month

Interested in this property?

Justin Gonzalez

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,998
$201,390
2025
$113,540
$87,850
$201,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,998
$201,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

City: San Marcos

1322 N Interstate 35 | Property Details | No Agent List