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16870 N Highway 123, San Marcos, TX, 78666

2beds
2baths
2,000sqft
$550,000
$275price/sqft
$3,862/moest. monthly cost
$154,480/yrincome needed

About This Home

Great Value & Opportunity! Very rare unrestricted commercial property on 0.43 acres just Southeast of San Marcos on Highway 123 on the road towards Seguin. Building is 2,000 SF with 3 rooms, 1 full size kitchen, 2 bathrooms. Behind the building is an existing MH/RV space with utility hookups. The property is located in the heart of a massive growth corridor with a 16,000+ vehicle traffic count per day. Located right at the entrance to the new $1.5 Billion Sedona South Master Planned Residential Community encompassing 541 acres with 3,000 new homes and 100 acres of commercial and multifamily properties. Projected to increase in price to $1.2 Million within 5 years due to its proximity to the new community. Multiple uses - Perfect for office complex, retail use, service industry shop, church, industrial use, residential triplex, restaurant, food truck court, gaming room, used car dealership, etc. You can live in the back of the building and run your business in the front or you can live in the RV/MH space behind the building and run your business in the whole building. Also includes an asphalt parking lot, large highway display sign, separate large storage building, propane tank, rear garden/patio area, two separate A/C units, Guadalupe County, San Marcos ETJ. Utilities are Bluebonnet Electric and Crystal Clear Water. Immediate move in available. Also available for Lease, Lease with Option to Purchase and Owner Financing.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

7/10
5/10
Miller Middle SchoolGrades 6-84.2 mi
4/10
San Marcos High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1975

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Masonry,Stucco,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary/Modern,Other,See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Oven,Refrigerator,Range Hood,Some Electric Appliances,Range
  • Laundry features: Laundry in Utility Room,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Storage
  • Flooring: Tile,Carpet Free
  • Fireplace features: None
  • Attic: None

Heating & Cooling

  • Heating features: Central,Electric,Multiple Heating Units
  • Cooling features: Central Air,Electric,2 Units

Interior Area

  • Total interior livable area: 2,000 sqft

Property

Accessibility

  • Accessibility features: Level Lot,No Stairs,Parking,Accessible Approach with Ramp,Accessible Entrance

Details

  • Parcel number: 64207

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Porch,Patio,Storage,Propane Tank - Owned
  • Fencing: Partial,Wire
  • Has view: Yes
  • View description: Meadow,Other
  • Waterbody name: Fields,Other-See Remarks
  • Horses can be raised: Yes

Lot

  • Lot size: 0.43 Acres
  • Lot size dimensions: 100 x 208 x 80 x 208

Parking

  • Parking features: Driveway Level,Handicap
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Drought
Hail
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$298$3,576
Property Taxes $545$6,540
Electricity $238$2,859
Total$3,862$46,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,411/yr
40% on housing$115,860/yr
45% on housing$102,986/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.4%
4.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 78666$210
Guadalupe County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 78666$182
Guadalupe County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-12Listed for sale$550,000

For Sale by Agent

AgentThomas Yankovoy
BrokerageSundance Homes & Realty

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