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$229,999

Lot 7 FM 1979, Martindale, TX, 78655

On MarketInfo

About this property

NOW ALLOWING MANUFACTURED HOMES - Water and Electric onsite. Experience the Peaceful Charm of Martindale in the Beautiful Texas Hill Country Discover the perfect blend of privacy, natural beauty, and small-town charm on this 2.630 acre home-site, ideally situated among mature trees in a quiet, scenic setting. Located outside the Martindale city limits and ETJ, this property offers no city taxes and light restrictions, giving you outstanding flexibility. Manufactured homes from 2020 or newer are now permitted on this lot — opening the door to modern, high-quality affordable housing options without sacrificing the peaceful Hill Country lifestyle. Whether you choose a contemporary manufactured home or a custom site-built residence, this property delivers exceptional freedom and opportunity. Just steps away, enjoy an easy walk to the San Marcos River — perfect for kayaking, tubing, fishing, or simply unwinding along the shaded banks beneath towering cypress trees. Builder will be providing a set water meter to the lot at each property, saving you significant time, cost, and hassle as you begin the building process. Only 1 mile from Downtown Martindale, you can hop on your golf cart and enjoy the town’s unique charm — live music, local dining, and laid-back evenings under the Texas sky. Despite the peaceful, tucked-away feel, you’re conveniently located 15 minutes from San Marcos and Texas State University, 35 minutes to Austin, and just 8 miles from TX-130. Property restrictions include: Single-family residential use only; Manufactured homes 2020 or newer are permitted (subject to reasonable placement and appearance standards); No commercial use. This is a rare opportunity to enjoy the natural beauty, recreation, and relaxed lifestyle of the Texas Hill Country — just steps from the river — with the added flexibility of modern manufactured home options and the convenience of a pre-installed water meter.

Investor Tools

$0Estimated Mortgage Balance
$229,999Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

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

City: Martindale

Lot 7 FM 1979 | Property Details | No Agent List