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$149,000
2454536 MLS
Set near the heart of San Marcos, 1412 Hopkins Street offers a cleared homesite with mature trees, open green space, and excellent potential for a new build. The lot is already open and usable, creating a strong starting point for a custom residence, investment property, or future development opportunity. The property combines a peaceful, tree-shaded setting with close proximity to downtown San Marcos, local shops, restaurants, H-E-B, Texas State University, and major area conveniences. Aerial views highlight its central location near established neighborhoods, commercial corridors, and the vibrant downtown district. With its cleared layout, mature canopy, and convenient in-town position, this property is ready for the next owner to bring their vision to life. Verify zoning, utilities, building requirements, and intended use with the appropriate city and county offices.

1412 W Hopkins St, San Marcos

Listing courtesy of Coldwell Banker D'Ann Harper. Contact: (830) 608-5400

$129,800
2 Beds 2 Baths 3916664 MLS
PRICED TO SELL! BRAND-NEW A/C | INVESTMENT POTENTIAL | NEAR TEXAS STATE | RIVER 1.25 MILES AWAY This San Marcos condo offers a smart combination of location, affordability and flexibility—plus a BRAND-NEW A/C SYSTEM, a major-ticket improvement already taken care of for the next owner! Even better, the washer, dryer, refrigerator, stove and dishwasher convey, making this an easy move-in or investment opportunity. Have a student attending Texas State University? They can occupy one suite while the second suite may provide an opportunity for rental income. Investors can also explore the potential of renting the unit to college students, professors or other San Marcos residents. The community offers amenities to enjoy without leaving home, including a swimming pool, BBQ/grilling area and basketball court. Convenient access to TXST with a bus stop, Historic downtown San Marcos, shopping, dining and everything San Marcos has to offer. When it's time to unwind, enjoy the San Marcos River and all the swimming, tubing and outdoor adventures that make San Marcos such a fun place to call home. Come see the possibilities *buyer and buyer's agent to independently verify all information*

1624 Aquarena Springs Dr Unit F147, San Marcos

Listing courtesy of All City Real Estate Ltd. Co. Contact: (512) 212-0874

$129,800
2 Beds 2 Baths 623960 MLS
PRICED TO SELL! BRAND-NEW A/C | INVESTMENT POTENTIAL | NEAR TEXAS STATE | RIVER 1.25 MILES AWAY This San Marcos condo offers a smart combination of location, affordability and flexibility—plus a BRAND-NEW A/C SYSTEM, a major-ticket improvement already taken care of for the next owner! Even better, the washer, dryer, refrigerator, stove and dishwasher convey, making this an easy move-in or investment opportunity. Have a student attending Texas State University? They can occupy one suite while the second suite may provide an opportunity for rental income. Investors can also explore the potential of renting the unit to college students, professors or other San Marcos residents. The community offers amenities to enjoy without leaving home, including a swimming pool, BBQ/grilling area and basketball court. Convenient access to TXST with a bus stop, Historic downtown San Marcos, shopping, dining and everything San Marcos has to offer. When it's time to unwind, enjoy the San Marcos River and all the swimming, tubing and outdoor adventures that make San Marcos such a fun place to call home. Come see the possibilities *buyer and buyer's agent to independently verify all information*

1624 Aquarena Springs Drive Unit F147, San Marcos

Listing courtesy of All City Real Estate Ltd. Co. Contact: (866) 277-6005

$125,000
7987296 MLS
A 5,249 SF (0.12 acre) infill lot zoned Mixed Use (MU) under the City of San Marcos Land Development Code, located just blocks from downtown San Marcos and Texas State University, home to a record 44,630 students as of fall 2025. The MU district permits small-scale mixed-use buildings with residential units above retail or office space, plus single-family, townhouse, and loft-apartment uses by right. Multifamily uses, including duplex, triplex, and apartment configurations, are allowed within MU but require Planning & Zoning Commission approval of a Conditional Use Permit rather than by-right development; the existing structure's current triplex use may carry legal nonconforming status, which buyers should independently confirm with the City. Property is offered strictly AS-IS with no interior access or showings available, and is best suited for investors or builders comfortable navigating the City's entitlement process. San Marcos has grown from roughly 44,900 residents in 2010 to over 71,500 today, part of the broader Austin-Round Rock-San Marcos MSA, which has grown to nearly 2.5 million residents and remains one of the fastest-growing large metro areas in the country. The lot sits just off a high-visibility corner anchored by the beloved M&M Taco Corner. Buyer to independently verify all zoning, use, CUP requirements, and nonconforming-use status with the City of San Marcos Planning & Development Services Department prior to closing.

125 S Bishop St, San Marcos

Listing courtesy of 3Z Realty. Contact: (866) 999-3349

$115,000
9978156 MLS
Rare Opportunity to get a build ready lot steps from the Spring fed San Marcos River and Rio Vista Park! Located in the highly desired Rio Vista neighborhood, this Lot features Amazing Mature Oaks and Pecan Trees with a cleared building site in the middle. All utilities (water, sewer, electric) are on site ready to access! Fully fenced with 7ft Cedar privacy on one side. Good size lot over 7,500 sq ft with plenty of options for multiple floorplans and layouts. Prime location just steps to San Marcos River/Rio Vista Park, and easy walk/bike ride to Downtown Square, TX State Campus, Library, Rec Center and super easy I-35 access! Tremendous Investor/Short term rental location! Build to live, Build to rent, cant go wrong! Owner/ Agent

943 Field St, San Marcos

Listing courtesy of All City Real Estate Ltd. Co. Contact: (512) 590-2711

$115,000
614948 MLS
Rare Opportunity to get a build ready lot steps from the Spring fed San Marcos River and Rio Vista Park! Located in the highly desired Rio Vista neighborhood, this Lot features Amazing Mature Oaks and Pecan Trees with a cleared building site in the middle. All utilities (water, sewer, electric) are on site ready to access! Fully fenced with 7ft Cedar privacy on one side. Good size lot over 7,500 sq ft with plenty of options for multiple floorplans and layouts. Prime location just steps to San Marcos River/Rio Vista Park, and easy walk/bike ride to Downtown Square, TX State Campus, Library, Rec Center and super easy I-35 access! Tremendous Investor/Short term rental location! Build to live, Build to rent, cant go wrong! Owner/ Agent

943 Field Street, San Marcos

Listing courtesy of All City Real Estate Ltd. Co. Contact: (866) 277-6005

$104,900
624182 MLS
Investor and builder opportunity in the heart of San Marcos! This approximately 0.15-acre lot offers an exciting opportunity to create an income-producing property in an established area just minutes from Texas State University and Downtown San Marcos. Zoned for duplex residential use, the property already has conceptual duplex plans prepared, giving buyers a head start on envisioning the possibilities. The proposed plans feature two spacious units, each designed with 3 bedrooms, 3.5 bathrooms and an attached garage-an attractive layout for the strong San Marcos rental market. Current 3-bedroom duplex rentals in the area are leasing around $1,600 per month even without extensive updating, highlighting the potential for newly constructed units with modern finishes. Buyer to independently verify projected rents, zoning, building requirements and development feasibility. The location adds to the investment appeal, with convenient access to Texas State University, Downtown San Marcos, shopping, dining, the San Marcos River and major roadways. Whether you're looking to build and hold as a long-term rental, create housing near the university, or add a new multifamily property to your portfolio, this lot offers a rare opportunity to start with both the land and a duplex concept already in place.

1104 Advance Street, San Marcos

Listing courtesy of JPAR - New Braunfels. Contact: (800) 683-5651

$66,000
7559566 MLS
PLEASE READ – NO FSBO. Deed restrictions are in the documents tab. If you are not a part of ABOR and can't see them, please text me your name, brokerage name and email so I can send the title commitment. Under Section B you will find the deed restrictions. There are no restrictions, which means you can build whatever you need with city approval for permits, and yes, you can put a mobile home. Cash will not receive a large discount, as we have a number to hit for the seller. FHA construction-to-permanent loan is available; the owner is a GC and can help in this process. We would need to get you approved with our lender. BUILD IN THE HEART OF SAN MARCOS. This homesite has been cleared of the previous structure while retaining mature trees that add character, and is ready for new construction. The seller is a local builder with residential plans already developed for this lot, available with the sale. It's a great fit for a first home or a long-term rental near Texas State and Downtown San Marcos. The adjacent homesite is also available, creating an additional opportunity for a buyer, builder or investor interested in acquiring both properties.

1110 Gravel St, San Marcos

Listing courtesy of Sprout Realty. Contact: (512) 431-6426

$1,150
621540 MLS
Modern 1-Bedroom Apartments in San Marcos with Washer & Dryer Included Looking for a comfortable, modern apartment with convenience built in? These stylish 1-bedroom apartments offer contemporary finishes, included amenities, and an ideal San Marcos location near Texas State University. Each apartment features a spacious 1-bedroom, 1-bathroom layout with stainless steel appliances, luxury vinyl flooring throughout, and no carpet. The open-concept design creates a welcoming space that is easy to personalize, while the in-unit washer and dryer provide everyday convenience. Located on the TXST bus route, these pet-friendly apartments make commuting simple while keeping you close to campus, shopping, dining, and local amenities. Residents also enjoy the added value of basic cable/internet and trash included with rent, along with 25% water coverage.

205 Craddock Ave, San Marcos

Listing courtesy of Vance J. Elliott. Contact: (512) 353-3002