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Julie Mullen

juliemullenrealtor@gmail.com +1(512) 680-9817

$1,500,000

Est. payment - /mo

12,000 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $125

Subdivision Rural Martindale-Reedville

MLS Listing ID 3559631

Year Built 1995

Annual Tax Amount $25,841

Tax Year 2026

Lot Size 15.390 Acres

Acres 15.39

Property Sub-Type Mixed Use

Source actris

Property Description

Positioned at the intersection of current cash flow and future development potential, this exclusive 15.39-acre offering presents a rare investment opportunity in Caldwell County. Approximately 12,932 square feet of existing improvements support income-producing operations, including six duplexes and 24 storage units—helping offset holding costs while longer-term plans take shape. The property fronts State Highway 21 and extends along Tokyo Road, the entrance route to the Cotton Gateway master-planned community. Prominent positioning places the site near an expanding residential base and opens the conversation for neighborhood retail, multifamily development, or light industrial use, subject to applicable approvals. In other words, the land offers more than room to dream; it already has tenants helping with the tab. Infrastructure adds practical value. Maxwell Water serves the property through four existing taps, Pedernales Electric Cooperative power currently reaches the duplexes and storage units, and an on-site sewer system is in place. A request to remove the property from the San Marcos extraterritorial jurisdiction was completed in 2025; buyers should independently confirm status and development requirements. Connectivity strengthens the investment story. San Marcos Regional Airport is nearby, with Texas State University, San Marcos Premium Outlets, and the broader Interstate 35 corridor within convenient reach. Bring your site plan, your due diligence, and your vision—then schedule a private property tour to explore the possibilities firsthand.

Location

State TX

County Caldwell

Zoning Commercial. Unrestricted.

Interior

Heating Central

Cooling Central Air

Flooring See Remarks

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Rural

Total Parking Spaces 1

Building

Foundation Slab

Sewer Private Sewer, Septic Tank

Water Public

Structure Type See Remarks

New Construction No

Others

Special Listing Condition Standard

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Listed by Keller Williams Realty

NEARBY SCHOOL & BUSINESS

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Julie Mullen

+1(512) 680-9817

Agent License ID: 667018

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158 Stockmen LN Maxwell, TX 78656

Julie Mullen

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION