The Craddock Avenue Ranch

57+ acre Legacy Ranch encircled 360 by protected Greenbelt located in the Heart of San Marcos. Ideal for land-hold investment, custom home site development, one-of-a-kind estate home lots encircled by parkland, multi-generation family compound, or preservation. Rare opportunity in the heart of San Marcos off Craddock Ave. Agricultural exemption for low taxes and low carry cost. Property has 2 long-term tenants that cover taxes and ranch management. Ranch features 2 simple homes (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and stock tank. The landscape features a combination of wide-open pastures, mature Oak & Elm woodlands and wet-weather creeks. Plenty of great building sites across the 57 acres. Great drone video of this beautiful Ranch on the virtual tour! Recent ALTA survey available, comprehensive Site Investigation Report by Mahoney Engineering, and Phase 1 Environmental Study avaiilable. Ideal for low-intensity development with current FD zoning, a seasonal creek that bisects the property, and frontage. Property lies within San Marcos full-purpose jurisdiction. Preliminary Plat Proposal from Mahoney Engineering available. This 57+ acre parcel is ideal for low density development such as one-of-a-kind estate home lots on acreage. Potential lot yield could be between 15-25 lots. Factors suggesting low-intensity development are FD zoning classification, seasonal creek that bisects the property, floodplain constraints, Edwards Aquifer Recharge Zone, and lack of street frontage. Property lies within San Marcos full-purpose jurisdiction. Preliminary Plat Proposal from Mahoney Engineering available. This 57+ acre Gem is located in the middle of protected Greenbelt parkland inside San Marcos which protects the value for long-term investment. Rare development opportunity. Secondary address is 1661 Valencia Way. Access is via private deeded easement through the park. Contact listing agent with questions or to schedule a showing. (Hays CAD PIDs R18829 / R85397). Also listed as Austin MLS 4937843 & 3510293 and CTX MLS 582355 & 583314.