Land with Home for Sale in San Marcos, Texas

57+ acre Legacy Ranch encircled by protected Greenbelt with seasonal creek! Ideal for multi-generational homesteads, long term land hold investment, custom home sites, or preservation. Agritourism potential! Rare opportunity in the heart of San Marcos. 1750 Craddock Ranch offers a unique opportunity to own a piece of Central Texas Hill Country surrounded by Purgatory Creek Natural Area. This protected greenbelt is part of the larger San Marcos Greenbelt Alliance trail system that ensures the property will maintain its natural charm for years to come and protects the property value. Great drone footage of this beautiful Ranch on the virtual tour! Ag-exemption allow for exceptionally low taxes and low cost of ownership. Ranch features 2 homes (2bed/1bath each), multiple out-buildings, cattle chutes, fencing, and pond/stock tank. The landscape features a combination of wide-open pastures, mature Oak & Elm woodlands and wet-weather creeks. Civil Engineering report, environmental study, and recent ALTA survey are available in the documents section. A comprehensive Site Investigation Report by Mahoney Engineering outlines development feasibility. Property is ideal for low density development with its FD zoning, seasonal creek running through the property, and frontage. The property lies within the full-purpose jurisdiction of the City of San Marcos. Mahoney Engineering Development Proposal is available. Secondary address is 1661 Valencia Way. Access is via private easement through parkland. Property has 2 long-term tenants to cover taxes and ranch management. Contact listing agent with questions or to schedule a showing. (HCAD PIDs R18829 / R85397). Listed as MLS 582355 & 583314.