410 North St
San Marcos, TX 78666

FourPoint Investment Sales Partners is proud to present this premiere student housing development site in San Marcos, TX to the national student housing development community. The 0.86-acre development site is directly adjacent to Texas State University and is offered on a fee-simple basis. Current ownership has spent significant time and capital entitling the site, including a successful rezone of the Property to T5 (Urban Center District), which allows for purpose built student housing development. The site is located immediately adjacent to the Texas State University campus and four (4) blocks from The Square, a historic cultural centerpiece to the City of San Marcos. Considered one of the strongest student housing markets in the country, Texas State University (TXST) has a current enrollment of approximately 39,000 students with an excellent long-term growth forecast. In the past decade, TXST has experienced incredible growth. Enrollment at the university has increased nearly 40% since 2007 and the TXST master plan calls for an enrollment increase of 6,200 students by 2025. Texas State is one of the healthiest student housing markets in the US and boasts a 97.4% occupancy for the 2018/2019 academic year. The site is available all-cash, and we look forward to discussing this development opportunity with you further.