One of the last remaining 1+ acre mixed-use opportunities near downtown San Marcos, just minutes from Texas State University. Positioned just off the I-35 feeder, this tract offers exceptional flexibility for residential, commercial, or thoughtfully integrated mixed-use development. The property features level terrain with no known floodplain concerns, creating a true blank canvas for a wide range of potential uses. Zoned MU (Legacy District), the site allows for a variety of permitted uses. Buyers are encouraged to verify development standards and explore potential for multi-structure development with the City of San Marcos. Prime location places you close to the San Marcos River, outlet shopping, dining, and the energy of a rapidly growing university town, with convenient access to both Austin and San Antonio via I-35. Public sewer is available; all utilities, zoning, and development potential to be independently verified by buyer. Opportunities like this are becoming increasingly limited in the path of growth. Whether you're a builder, investor, or end user with a vision, this property offers the space and flexibility to bring it to life.