Prime development or 1031 investment opportunity in San Marcos, TX. This 235ac portfolio consist of four parcels located directly on the brand new FM 110 Loop built to promote focused growth east of IH-35. The first section completed in May 2014, runs directly through the subject property. This farm lies in the "High-intensity" development zone designated by the city lending itself easily to commercial use. HEB is positioned as a future neighbor and the property offers all city utilities. Ag Exempt
I-35 North. Exit McCarty Ln. and turn right on the four Lane Boulevard. Property will be located on left with at Four-way light.
The approximate monthly Principal & Interest payment for this property would be $62,080. This payment is based on a 30-year loan at a fixed rate of 3.89 % with a down payment of $1,464,200. Actual lender interest rates and loan programs may vary.
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