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THIS PROPERTY IS DESIGNATED AS A Qualified Census Tract for purposes of the Low-Income Housing Tax Credit ("LIHTC") under section 42 of the Internal Revenue Code of 1986.
OUTSIDE SAN MARCOS CITY LIMITS. APPROXIMATELY 20.819 ACRES WITH 644 FEET OF HUNTER ROAD FRONTAGE. NORTH BOUNDARY RUNS FROM BEHIND ROCK HOUSE ALONG FENCE LINE TO RAILROAD TRACK WHICH IS THE EAST BOUNDARY, AND SOUTHERN BOUNDARY IS FENCELINE ALONG NEIGHBOR'S DRIVEWAY. 16 WATER LINE IS AVAILABLE ON HUNTER ROAD AND 12 SEWER LINE ENDS NEAR NORTH BOUNDARY LINE AT RR TRACKS. TEXAS STATE UNIVERSITY OWNS ADJACENT 20.29 ACRES AND HAS A 90 DAY FIRST RIGHT OF REFUSAL.
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