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322 Linda Dr - 1.3 Acre Residential Development Land 1.34 Acres of Commercial Land Offered at $350,000 in San Marcos, TX 78666
Investment Highlights
- Development Opportunity
- Mixed-Use Multi-family development
- Motivated Seller
Executive Summary
Prime investment opportunity. Redevelopment upside - current zoning allows up to 7 units commercial and/or residential, but city is open to rezoning to up to 24 units. Strong location for future growth between Austin and San Antonio - in the heart of San Marcos.
Property Facts
1 Lot Available
Lot
| Price | $350,000 | Lot Size | 1.34 AC |
| Price Per AC | $261,389.10 |
| Price | $350,000 |
| Price Per AC | $261,389.10 |
| Lot Size | 1.34 AC |
This 1.34 acrea commercial development opportunity includes two income-producing units; one 2/1 mobile home and one 3/1 house. Additionally the property features a large empty level lot for future development.322 and 324 Linda DR
Description
This 1.34 acrea commercial development opportunity includes two income-producing units; one 2/1 mobile home and one 3/1 house. There are three more mobile homes that are in need of remodel or tear down. Additionally the property features a large empty level lot for future development. House is rented at $1400 per month and mobile home is listed at $1050 per month.
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R40378 | Improvements Assessment | $132,680 |
| Land Assessment | $275,300 | Total Assessment | $407,980 |
Property Taxes
Parcel Number
R40378
Land Assessment
$275,300
Improvements Assessment
$132,680
Total Assessment
$407,980
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322 Linda Dr - 1.3 Acre Residential Development Land