Smith Ln Positioned in one of the fastest-growing corridors of San Marcos, this 12.184-acre tract offers a rare opportunity for developers and investors seeking scale, utility access, and proximity to major transportation routes. Located just off Northbound I-35 in the Blanco Gardens area, the site is currently zoned SF-6 and benefits from public water and sewer availability. The property is flat, largely cleared, and well-suited for a range of residential development strategies including townhomes, multifamily, or build-for-rent communities, subject to approvals. While the entire site lies within the 100-year floodplain, it is currently being evaluated under the Blanco Gardens Drainage Improvement Project, creating potential long-term mitigation upside. With strong population growth, increasing housing demand, and nearby development activity, this site represents a compelling value-add or ground-up development opportunity in the path of growth. Offered for sale or lease with option to purchase, this is a flexible acquisition for forward-thinking developers. Property being sold as-is, bring all offers!