Cottonwood Creek Subdivision, in San Marcos, Texas, is a new master planned residential community, located on State Highway 123 Southeast in the preferred growth area of San Marcos.
All of the zoning, development agreements, utility service plans and on-site improvements have been approved by the City of San Marcos. Phase 1, Section 1, which includes the construction of the new Bowie Elementary School, on-site utilities, roads and central detention pond, has been completed. In addition, Cottonwood Creek is grandfathered under the old Capital Recovery Fee of San Marcos which totals $890 per lot. The current Capital Recovery Fee is $4,651 per lot.
This subdivision is designed to create a diverse range of housing availability including single family, town home, garden home, condominium, duplex, apartment and zero lot line. There are over forty acres of parkland green space for recreational and aesthetic enjoyment located within the subdivision. Commercial Tracts are located within the subdivision, as well. The new San Marcos High School, is located adjacent to our Multi-Family Site on the west side of Highway 123.
All phases of the subdivision are currently for sale. The residential property alone consists of 312.36 acres and a total of 1,376 lots.
Phase 1, consisting of 102 residential lots, is completely built out. The next section of 72 residential lots is currently under construction and being sold out. The average approximate lot size in this section is 50'x120'.
All residential and commercial sites will be priced out by request.
The Multi-family apartment site in Phase 2 is available for sale. It is 20.95 acres and is zoned for an allowable density of 18 units per acre. Utilities are in place. The price is $2.50 per square foot, for a total of $2,280,000.
Also included with the sale are the improvements previously completed. The finished improvements include utilities to the subdivision, subdivision entrance, the entrance street – Monterrey Oak, lift station, central detention pond and improvements to State Highway 123, including left hand turn lane and stop light at Monterrey Oak.
Home Builders and Developers are invited to discuss their interest in all or a portion of the lots in this project. Please contact Randall Morris for information and a meeting.