Situated on 10.17 acres in the fast-growing San Marcos ETJ, this rare property offers a compelling mix of flexibility, function, and future opportunity. The expansive estate includes a spacious 3,054 SF main residence with 3 bedrooms, 2 baths, multiple living areas, a sunroom, and a 3-car garage. Two additional guest houses - one recently completed - offer a combined six more bedrooms and five and a half baths, ideal for multi-generational living or income-producing potential. New roofs on all homes were installed in 2024. The property also features a fully equipped RV pad-site, a versatile storage building that could be converted into an office or studio, two driveways, two septic systems, and a new 16" waterline at the street. Approximately 8 acres are AG exempt, providing added tax advantages. Located in the heart of the San Marcos “East Village” (Second City Center), the property is just minutes from IH-35, the San Marcos Premium Outlets, the Convention Center, Amazon Distribution Center, San Marcos HS, and major thoroughfares like Hwy 123 and FM 110. Surrounded by existing and planned residential developments, this property presents a unique opportunity as a multi-generational estate, short-term rental compound, or prime development site.