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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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600 River Rd , Martindale, TX 78655
$3,520,000
Est. Payment: $18,053.51/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 61
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Jeannette Spinelli
Broker Associate & Founder

House Description

Positioned at the hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

Highlights

Listed by Kaylee Sutton , (512) 470-4237 Land Unlimited , (512) 729-7139. Central Texas MLS

Property Type

Farm/Ranch

Lot/Acreage
17.6

County

Caldwell

Listing ID

614547

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Sewer:Public Sewer
Principal Interest
$18,054
Taxes
$2,244

Home Price

$3,520,000

Loan Details

30 yrs
6.637%

Down Payment

20%
$704,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,053.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,053.51 $2,244.00 $0.00 $20,297.51
Yearly $216,642.07 $26,928.00 $0.00 $243,570.07
Total $6,499,262.18 $807,840.00 $0.00 $7,307,102.18

Today's Rates

30 Year

6.64%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Martindale, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-03T03:44:01.000Z

© 2026 Central Texas MLS