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$858,000

970-B RR 32, San Marcos, TX, 78666

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size10.50 acres

Land Information

APNR113852
Lot Number3
SubdivisionRancho Ladera
Land UseNative Pasture, Over 5 Acres
Legal DescriptionRANCHO LADERA, LOT 3, ACRES 10.50 TAX CODES:RSP,SWI,WUS
Census Tract010810
Assessed Land Value$738,750
Assessment Year2025

About this property

This exceptional property offers over 460 feet of prime frontage along FM 32, providing outstanding visibility and access for a wide range of commercial or mixed-use opportunities. The land features a naturally terraced landscape, creating multiple ideal building sites that maximize both functionality and aesthetic appeal. Each elevation reveals sweeping Hill Country views, delivering a stunning backdrop of rolling terrain and expansive skies. Whether envisioned for development, investment, or a private estate with income potential, this property combines high-traffic frontage, versatile topography, and breathtaking scenery into a truly rare offering. Currently there is 1-d-1 Agricultural Valuation on the property substantially decreasing the real estate taxes. Restrictions allow for commercial with “use being approved in writing by the Rancho Ladera Property Owners Association”. Located a short 7/10 of a mile from The Junction and its thriving shops and Neon Armadillo restaurant to the east and 1.7 miles to The Honeysuckle and Devil’s Backbone providing food and live music to the west this property is prime for a variety of uses. A short 10 minute drive and you are in the quaint town of Wimberley where you can enjoy a variety of excellent restaurants, shops, wineries and breweries. The possibilities on this property make it truly unique! Neighboring property is Sensa Maeso Tasting Room and Bar described as a “trippy tasting room”. Come see the possibilities for yourself. Attached restrictions for information. Buyer/buyer’s agent to verify current restrictions.

Investor Tools

$0Estimated Mortgage Balance
$1,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,148 /month
Positive
Cash Flow Estimate:
$1,716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23
$1,720
2025
$738,750
N/A
$738,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23
$1,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,720
100%
0%
$0/mo

City: San Marcos