American Ventures Lists 46-Acre San Marcos Mixed-Use Tract, Shifts Focus to $500MM District Project

Austin-based American Ventures has put a 46-acre tract on South Old Bastrop Highway in San Marcos up for sale with no asking price, looking to turn an unpermitted plan for roughly 300 build-to-rent townhomes and 70,000 square feet of commercial space into cash as the firm concentrates on its larger mixed-use bets and works through regulatory and legal scrutiny.