Offered at $595,000 | 5.6± Acres | Historic Improvements + Redevelopment Potential This is a rare in-city acreage tract located just off Hunter Road, minutes from Downtown San Marcos and Texas State University. The property spans 5.6± acres and includes a 3,922 SF historic Craftsman residence (built 1925), a private pool and spa, and a collection of multiple outbuildings including a greenhouse, workshop, storage structures, pole barn, carports, and a small guest house. Highlights 5.6± Acres Inside City Limits – a rare large parcel with city water, sewer, natural gas, and electricity on site, plus a private well. Prime Location – just minutes from the Square and Texas State University, making it ideal for student housing, rental cottages, or redevelopment projects. Existing Improvements – historic main residence, guest house, barns, greenhouse, carports, and pool provide immediate rental or adaptive re-use potential. Redevelopment Potential – acreage, utilities, and multiple access points make this property a candidate for: Subdivision into smaller residential lots. Multi-family or student housing development. Mixed-use or live/work concepts. Hospitality, boutique lodging, or retreat venue. Reduced Pricing – offered at $595,000, over $100,000 below the original list price Flexible Exit Strategies – hold as an income-producing property, redevelop immediately, or land-bank for future appreciation. Location Advantage 1.5 miles to Downtown San Marcos. 2 miles to Texas State University (38,000+ students). Quick access to I-35 corridor connecting Austin and San Antonio. Positioned in one of the fastest-growing regions of Central Texas. Why Investors Should Pay Attention 1620 Hofheinz offers scale, location, and utilities that are increasingly rare in San Marcos. With strong population growth, high demand for housing near Texas State, and limited in-city land inventory, this property provides a unique canvas for builders, developers, and investors seeking value-add opportunities in a high-growth market.