112 Smith LN, San Marcos TX 78666

San Marcos, TX 78666 | Conway

Ed's Opinion of Value

$119,000 Ed's Estimate: $263,010 $300,227
Lowest Comp Recommended List: $120,000 to $130,000 Highest Comp
The market data from 7 similar recent sales in CONWAY points to a value of approximately $263,010. To sell within a reasonable timeframe at fair market value, the $120,000 to $130,000 range is where I'd position this. In the current CONWAY market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 136 sqft size difference versus comparable sales is reflected in the adjusted values. The 2008 construction puts this home 7 years newer than the comp average, a factor in the pricing. Buyers in CONWAY have 7 comparable options right now, with asking prices between $119,000 and $364,000. In 78666, home values have fallen approximately 13% over the past 6 months. One of the strongest data points is 1210 Old Martindale RD, San Marcos TX 78666, adjusting to $300,227; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths
1,300 Sq Ft
2 Acres
2008 Built

About This Property

This prime 2-acre property, located just minutes from I-35, offers a unique opportunity for developers and investors. With a charming 3-bedroom, 2-bathroom home already in place, the property combines convenience and potential in a highly desirable area of San Marcos. Situated close to Texas State University, the bustling San Marcos outlets, and just minutes from downtown and the San Marcos River, this location promises excellent accessibility and appeal.

Zoned for multi-family development, this site is ideal for those looking to capitalize on the growing demand in the area. The flat terrain and all necessary utilities are already in place, making it a straightforward canvas for development. While there are foundation concerns that require a thorough inspection and potential repairs, the property’s location and zoning present significant long-term potential.

With the right vision, this site could be transformed into a highly valuable development project. Whether you're looking to build new multi-family units or renovate the existing home, the possibilities are endless. Don’t miss out on this exceptional opportunity—take action now and unlock the potential of this high-demand location.

Location

Schools

School District San Marcos CISD
Elementary Mendez
Middle School Miller
High School San Marcos

Property Details

Property Type Land
Exterior Private Yard
County Hays
MLS # 3667262

Tax Information

Annual Taxes (MLS) $13,471 (2023)

Listing History

MLS# 3667262 125 days
Jun 30, 2025 Off Market
Jan 7, 2025 Listed $350,000

Frequently Asked Questions About 112 Smith LN, San Marcos TX 78666

When was 112 Smith LN, San Marcos TX 78666 built?

112 Smith LN, San Marcos TX 78666 was built in 2008.

How much does 112 Smith LN, San Marcos TX 78666 cost?

112 Smith LN, San Marcos TX 78666 sold on June 30, 2025. Contact us for sale price details.

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