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Agricultural Land with Home for Sale in San Marcos, Texas

3124 FM 32, San Marcos, TX 78666

$3,699,000
31.7 acres
Active
$301k drop
Est $19,256/mo

Most acreage offers land. Very few offer a setting like this. Set along the iconic Devil's Backbone, this 31-acre Hill Country estate delivers privacy, scale, and expansive country views in a highly sought-after location between Austin and San Antonio. The property unfolds as a true compound with a 5,043 sq ft main residence and 1,650 sq ft guest house, totaling approximately 6,693 sq ft with 6-7 bedrooms, designed for hosting, extended stays, and intentional separation of space. Timeless Texas stone architecture defines the main residence, with vaulted and beamed ceilings, dramatic stone walls, and multiple fireplaces that create warmth and character throughout. The chef's kitchen is built for real entertaining, featuring dual dishwashers, dual ovens, multiple refrigerators, and a generously sized dining area. The primary suite offers a private retreat with a fireplace and peaceful views across the surrounding countryside. What truly sets this property apart is the land itself. Outdoor amenities include a resort-style pool and spa, covered outdoor kitchen, tennis court, pond, greenhouse, aviary, and a mile-long private walking trail that winds the acreage and leads to a natural five-room cave recorded with the Texas Spelunking Society-a rare and irreplaceable feature. A large barn that with little modifications would be suitable for equestrian or ranch use. With a full-house generator, new well pump, septic, and sprinkler systems, this is acreage ownership with confidence. A distinctive Hill Country estate offering land, privacy, and experiences that cannot be replicated.

6,693
Sq feet
6
Beds
5
Full baths
1976
Built

Location

Street address
3124 FM 32
School district
San Marcos Cisd
Elevation
1,241 feet
Coordinates
29.9359, -98.142

Directions

From IH-35, Take Wonder World exit, this turns to Hwy 12, Take Left on FM 32, Travel approximately 0.7 miles passed Purgatory Rd and property will be on the Right hand side.

Property details

Acreage
31.65 acres
MLS #
SMABOR 595429
Posted

Property taxes

2025
$13,581

Parcels

  • R20166

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Hills
Features
Acreage, Horse Property, Level, Mature Trees, Outside City Limits, Pond On Lot, Ranch, Secluded, Sprinklers Automatic, Sprinklers Partial, Sprinklers in Front, Sprinklers in Ground

Exterior

Parking
Garage, Open
Fencing
Fenced, Gate
Pool
Deck, Patio, Porch
Structures
Barn(s), Storage
Features
Covered Patio, Fire Pit, Horse Facilities, Outdoor Grill, Outdoor Kitchen, Private Yard, Propane Tank Owned, Rain Gutters, Sport Court, Tennis Courts, Water Feature

Structure

Style
Craftsman
Stories
2
Water
Private, Well
Sewer
Aerobic Septic
Heating
Central, Electric, Fireplace(s)
Cooling
Central Air, Window Unit(s), Zoned
Materials
Masonry, Stone Veneer, Vertical Siding
Roof
Metal

Interior

Room Count
16
Rooms
Bathroom x 5, Bedroom x 6, Dining Room, Exercise Room, Game Room, Laundry Room x 2
Flooring
Carpet, Concrete, Paintedstained, Stone, Tile, Vinyl, Wood
Appliances
Built In Oven, Cooktop, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Water Heater, Microwave, Multiple Water Heaters, Plumbed For Ice Maker, Some Electric Appliances, Trash Compactor, Water Softener Owned
Features
Beamed Ceilings, Bookcases, Built In Features, Ceiling Fans, Chandelier, Double Vanity, Entrance Foyer, Game Room, Garden Tub Roman Tub, High Ceilings, His And Hers Closets, Home Office, Main Level Primary, Multiple Closets, Multiple Dining Areas, Multiple Living Areas, Multiple Primary Suites, Open Floorplan, Primary Downstairs, Separate Formal Dining Room, Wet Bar

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameTypeDistrict
Crockett ElementaryElementarySan Marcos Cisd
Doris Miller Middle SchoolMiddleSan Marcos Cisd
San Marcos High SchoolHighSan Marcos Cisd

Listing history

DateEventPriceChangeSource
Dec 3, 2025Price drop$3,699,000$301,000 -7.5%SMABOR
Oct 30, 2025New listing$4,000,000SMABOR
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This 31.65-acre property is located at 3124 FM 32 in San Marcos, TX 78666. The property is available for sale for $3,699,000. It has a 6,693 sq ft 6 bedroom, 5 bath house built in 1976.

Checked 2 hours ago — Updated

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