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  • Price cut: $1M (8/6)
    $4,995,000

    175 Eastwood Ln, San Marcos, TX 78666

    0beds
    0baths
    37.83Acres
    Unimproved Land
    Built in ----
    37.83 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    • Scale & Optionality: At ~28 acres near Texas State, the site has strong long-term potential for multifamily or student housing development. The conceptual layout suggests capacity for a large-scale project, though most developers will likely underwrite a reduced density scenario initially. • Infrastructure Considerations: Based on the utility maps, water and wastewater will need to be extended to the site, and the property sits in the San Marcos ETJ. Developers will typically factor those infrastructure costs and entitlement risk into their land basis. • Developer Underwriting: When applying current construction costs, cap rates, and typical land residual assumptions for multifamily in the San Marcos market, most developers will likely build closer to 650–800 units rather than maxing out the 1,000+ units.
    114 days
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    65
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Soomin Kim (714) 926-5730,

    eXp Realty, LLC (888) 519-7431,

    Chris Mitchell (512) 850-7292,

    eXp Realty, LLC

    Source: Unlock MLS,MLS#: 7163656MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 0

      Property

      Features
      • Has view: Yes
      • View description: Rural, Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 37.83 Acres
      • Features: Agricultural, Cleared, Few Trees, Level, Trees-Moderate
      Details
      • Additional structures: See Remarks
      • Parcel number: 1001730049000003
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: TBD
      HOA
      • Has HOA: No
      Location
      • Region: San Marcos

      Financial & listing details

      • Tax assessed value: $1,479,088
      • Annual tax amount: $23,332
      • Date on market: 4/16/2026
      • Listing terms: Cash
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/6/2026Price change$4,995,000-16.7%
        Source: Unlock MLS #7163656 Report a problem
        6/1/2026Price change$5,999,000-3.2%
        Source: Unlock MLS #7163656 Report a problem
        4/16/2026Listed for sale$6,200,000-15.2%
        Source: eXp Realty #7163656 Report a problem
        8/1/2023Listing removed--
        Source: Unlock MLS #1954926 Report a problem
        3/23/2023Listed for sale$7,314,423+380.6%
        Source: Unlock MLS #1954926 Report a problem
        3/10/2023Listing removed--
        Source: Unlock MLS #8791432 Report a problem
        7/8/2022Contingent$1,522,000
        Source: Unlock MLS #8791432 Report a problem
        6/1/2022Listed for sale$1,522,000
        Source: Unlock MLS #8791432 Report a problem
        2/2/2022Contingent$1,522,000
        Source: Unlock MLS #8791432 Report a problem
        7/19/2021Listed for sale$1,522,000-6.3%
        Source: Unlock MLS #8791432 Report a problem
        2/19/2021Listing removed--
        Source: Unlock MLS #8069460 Report a problem
        2/3/2021Listed for sale$1,625,000
        Source: Unlock MLS #8069460 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,479,088 -2.8%
        2024$23,068 -7.2%$1,522,000 -11.3%
        2023$24,845 +6.6%$1,715,670 +17.5%
        2022$23,313 +216.5%$1,459,970 +240%
        2021$7,367 +11.7%$429,380 +15.1%
        2020$6,596 +5.1%$373,100 +12.7%
        2019$6,278 +38.2%$330,980 +46.2%
        2018$4,544 +8.3%$226,320 +8.9%
        2017$4,195 +2.6%$207,790 +0.3%
        2016$4,089 +4%$207,140 +4.2%
        2015$3,933 $198,850 +20.6%
        2011-- $164,940
        2010-- $164,940 -0.1%
        2009-- $165,090 +18.8%
        2007-- $138,910 +20.9%
        2003-- $114,860
        2002-- $114,860 +16.5%
        2001-- $98,610 +0.6%
        2000-- $98,020
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78666

        Getting around

        16 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rodriguez (San Marcos ISD)
        • Middle: Miller
        • High: San Marcos
        • District: SanMarcosCONSISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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