Council action
San Marcos, TX
3/ 5
Notable
Bedrock impact score
Action type
Council action
Asset class
Multifamily / Residential
Status
Agenda Ready
Filed
2026-07-21
Jurisdiction
San Marcos, TX
Days on record
11 days
01Investment highlights
Why this deal matters
- Council action in San Marcos, TX · Multifamily / Residential
- Bedrock impact score 3 of 5 — Notable
- City is moving to exercise purchase options on defaulted affordable housing covenant properties, signaling potential off-market acquisition opportunities for developers active in San Marcos's affordable or workforce housing sector.
- On the municipal record 11 days (filed 2026-07-21)
02Deal summary
The rationale
City is moving to exercise purchase options on defaulted affordable housing covenant properties, signaling potential off-market acquisition opportunities for developers active in San Marcos's affordable or workforce housing sector.
San Marcos City Council will consider two resolutions (2026-9648 & 2026-9649) authorizing the city to pursue default remedies — including an option to purchase — against properties in default or non-curable breach under CalHome and/or San Marcos Affordable Housing Program agreements.
03Deal facts
The filing record
- Jurisdiction
- San Marcos, TX
- Action type
- Council action
- Asset class
- Multifamily / Residential
- File number
- #TMP-2500
- Status
- Agenda Ready
- Filed
- 2026-07-21
- Days on record
- 11 days
04Location
Where this sits
San Marcos, TX
29.87240, -97.93600 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Hays County
222,827
Population
$68,724
Median HH income
76,724
Households
$1,036
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
11 Schools
20 Dining
1 Grocery
8 Banks
20 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-07-2111 days on record
- Scored by BedrockRelevance 3 / 5Automated land-use signal
- Current statusAgenda ReadyLive municipal record
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