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600 River Road, Martindale
$3,520,000
614547 MLS
Positioned at the hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

600 River Road, Martindale

600 River Road, Martindale
$3,520,000
614548 MLS
Positioned at the hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

600 River Road, Martindale

600 Nw River Rd, Martindale
$3,520,000
3729415 MLS
Commercial hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

600 Nw River Rd, Martindale

600 Nw River Rd, Martindale
$3,520,000
8708889 MLS
Hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

600 Nw River Rd, Martindale

600 River Road, Martindale
$3,520,000
604661 MLS
Positioned at the hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

600 River Road, Martindale

600 Nw River Rd, Martindale
$3,520,000
4708033 MLS
Positioned at the hard corner of Highway 80 and Quail Run in Martindale! With over 2,100 feet of highway frontage along Highway 80, this 17.6 acre tract represents a premier multifamily development opportunity just minutes from San Marcos, I-35, and Texas State University. The land supports development of up to 320 multifamily units per the seller. There is also flexibility to incorporate supporting commercial or mixed-use components. Located within city limits and served by city water and sewer. Currently under a commercial zoning designation. Situated near the San Marcos River and along a corridor experiencing steady eastward growth from San Marcos, this property benefits from proximity to employment centers, university-driven rental demand, and continued residential expansion.

600 Nw River Rd, Martindale

882 Cottonseed Run, Martindale
$1,400,000
4 Beds ⋅ 4 Baths ⋅ 3123507 MLS
Nestled on 2.467 breathtaking acres with over 470 feet of gorgeous San Marcos River frontage, this one-of-a-kind retreat is bursting with personality, thoughtful design, and the kind of character you simply can't recreate. Behind the wrought-iron gate, you'll discover over 3,700 square feet of bold colors, beautiful textures, and inviting spaces designed for both entertaining and everyday living. Rich wood flooring, authentic Saltillo tile, vibrant accent wallpaper, and playful pops of teal bring this home's unmistakable Southwestern personality to life. With four spacious bedrooms, 3.5 bathrooms, two living areas, and a thoughtfully designed open floor plan, there's room for everyone to spread out and settle in. The primary suite is a retreat of its own, featuring statement wallpaper, a spacious walk-in shower, double vanities, a walk-in closet, and private access to a screened-in porch. A separate junior suite overlooks the sparkling swimming pool, offering a welcoming escape for family or guests. Enjoy year-round comfort in the climate-controlled sunroom, or relax on the covered front porch. But the real showstopper? The RIVER! With over 470 feet of San Marcos River frontage, a natural gravel bar, river access steps, and native trees thoughtfully planted along the riverbank, this property invites you to slow down and stay awhile. Spend your days kayaking, fishing, tubing, swimming, or simply enjoying the beauty of your own private stretch of Texas paradise. Thoughtful improvements include a standing-seam metal roof, whole-house generator supported by a buried propane tank, full-house water monitoring and automatic shutoff system, security cameras, and RV hookups. Whether you're searching for a full-time residence, a weekend escape, or the ultimate gathering place for family and friends, 882 Cottonseed Run offers something increasingly hard to find: acreage, exceptional river frontage, and a home with a personality all its own.

882 Cottonseed Run, Martindale

15476 San Marcos Highway, Martindale
$999,999
624335 MLS
PRIME 10+ ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY, SMH Exceptional investment & development opportunity along the expanding San Marcos Highway corridor in Martindale, Texas! Offering approximately 10.7 acres across two parcels with valuable highway frontage, this strategically positioned property provides flexibility for commercial development, investment, or a phased, multi-use project. LOCATION, EXPOSURE & DEVELOPMENT POTENTIAL! Situated along a growing Central Texas corridor, the property benefits from convenient regional access to San Marcos, Lockhart, Austin, and surrounding communities. Its substantial acreage & two-parcel configuration offer opportunities for multiple buildings, freestanding commercial sites, pad sites, or a thoughtfully planned commercial development. EXCITING NEIGHBORING DEVELOPMENT ACTIVITY! next door property is has plans for a gas station & convenience store development, highlighting emerging commercial interest in the area. If completed, this neighboring project could enhance area visibility, commercial activity, and opportunities for complementary businesses. VERSATILE COMMERCIAL POSSIBILITIES! Potential development concepts include retail centers, restaurants, drive-thru establishments, coffee shops, medical or professional offices, automotive services, flex space, storage facilities, hospitality, and other highway-oriented businesses, subject to applicable regulations and approvals. A RARE OPPORTUNITY TO INVEST IN CENTRAL TEXAS! Whether envisioning a multi-tenant commercial center, individual business locations, a highway-oriented retail destination, or a long-term investment strategy, this property offers the acreage, accessibility, frontage, and flexibility to explore a variety of development possibilities. Secure your place along the San Marcos Highway corridor and explore the possibilities! Buyer and buyer's representatives to independently verify acreage, zoning and development feasibility, all required governmental approvals.

15476 San Marcos Highway, Martindale

15476 San Marcos Highway, Martindale
$999,999
4759663 MLS
PRIME 10+ ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY, SMH Exceptional investment & development opportunity along the expanding San Marcos Highway corridor in Martindale, Texas! Offering approximately 10.7 acres across two parcels with valuable highway frontage, this strategically positioned property provides flexibility for commercial development, investment, or a phased, multi-use project. LOCATION, EXPOSURE & DEVELOPMENT POTENTIAL! Situated along a growing Central Texas corridor, the property benefits from convenient regional access to San Marcos, Lockhart, Austin, and surrounding communities. Its substantial acreage & two-parcel configuration offer opportunities for multiple buildings, freestanding commercial sites, pad sites, or a thoughtfully planned commercial development. EXCITING NEIGHBORING DEVELOPMENT ACTIVITY! next door property is has plans for a gas station & convenience store development, highlighting emerging commercial interest in the area. If completed, this neighboring project could enhance area visibility, commercial activity, and opportunities for complementary businesses. VERSATILE COMMERCIAL POSSIBILITIES! Potential development concepts include retail centers, restaurants, drive-thru establishments, coffee shops, medical or professional offices, automotive services, flex space, storage facilities, hospitality, and other highway-oriented businesses, subject to applicable regulations and approvals. A RARE OPPORTUNITY TO INVEST IN CENTRAL TEXAS! Whether envisioning a multi-tenant commercial center, individual business locations, a highway-oriented retail destination, or a long-term investment strategy, this property offers the acreage, accessibility, frontage, and flexibility to explore a variety of development possibilities. Secure your place along the San Marcos Highway corridor and explore the possibilities! Buyer and buyer's representatives to independently verify acreage, zoning and development feasibility, all required governmental approvals.

15476 San Marcos Highway, Martindale

15476 San Marcos Highway, Martindale
$999,999
3 Beds ⋅ 3 Baths ⋅ 5487716 MLS
The sprawling acreage of this countryside property situated along San Marcos Highway offers a unique land opportunity in the Martindale area. Comprising two separate parcels being offered together, the property features highway frontage, open acreage, and a serene natural pond. Views of a meadow, pasture, water, and trees or woods create a tranquil and rural atmosphere that defines the entire setting. An existing residence on the property provides a physical structure for immediate use, while other structures on-site include an outbuilding and a storage building. A private driveway winds through the expansive grounds, which also contain pasture land bordering a paved roadway. Outdoor elements include a private pond and natural ponds set against distant horizon views. The substantial acreage provides space to support activities such as gardening, keeping animals, recreational uses, or creating additional improvements. The property is positioned for accessibility to Martindale, San Marcos, Lockhart, Austin, and surrounding Central Texas communities. A planned or proposed gas station and convenience store development adjacent to the property is also part of the surrounding area's ongoing activity. This setting presents an opportunity for those seeking acreage with direct road access and potential for future developments. Buyers are advised to independently investigate applicable zoning, ETJ status, restrictions, utilities, access, subdivision requirements, permitted uses, and governmental approvals.

15476 San Marcos Highway, Martindale

925 River Ranch Circle, Martindale
$899,000
4 Beds ⋅ 5 Baths ⋅ 607472 MLS
New Price and the best waterfront value on the ski lakes at San Marcos River Ranch! This 3,246 sq ft lakefront home sits on a full acre with its own private boathouse on one of four interconnected, man-made waterski lakes. Inside, a newly remodeled kitchen with stone counters, gas cooktop, double ovens and a large island opens to the great room with a stone fireplace and lake views. The primary suite is on the main level with a garden tub, separate shower and walk-in closet. The flexible floor plan includes 4 bedrooms (2 up, 2 down), 4.5 baths, a dedicated office, a gym, and a second living area upstairs. Outside you'll find fresh exterior paint, a covered back patio, built-in grill, stone fire pit, and a boathouse with an enclosed room ready for storage or a lakeside cabana. The gated community has multiple boat ramps, docks, and a 4-acre park on the San Marcos River for tubing, kayaking and fishing, all minutes from IH-35. Come see why 925 River Ranch Circle is the best waterfront value proposition around!

925 River Ranch Circle, Martindale

9325 Fm 1339, Martindale
$899,000
3 Beds ⋅ 2 Baths ⋅ 1932779 MLS
Discover the beauty of country living with this 42+ acre ag-exempt property located just outside of Staples, Texas. With wide-open native pasture, mature shade trees, and a peaceful setting, this ranch-style retreat offers both functionality and charm. At the heart of the property sits a rock home-solidly built, in good shape, and ready for your personal updates. Surrounded by large trees, the home provides a welcoming atmosphere and a shaded yard ideal for gatherings. The land is fully fenced and currently supports cattle, making it a turnkey option for ranchers or those seeking agricultural use. A stock tank adds water access for livestock and wildlife, while the expansive acreage offers plenty of room for grazing, recreation, or simply enjoying the outdoors.

9325 Fm 1339, Martindale

9325 Fm 1339, Martindale
$899,000
3 Beds ⋅ 2 Baths ⋅ 598375 MLS
Discover the beauty of country living with this 42+ acre ag-exempt property located just outside of Staples, Texas. With wide-open native pasture, mature shade trees, and a peaceful setting, this ranch-style retreat offers both functionality and charm. At the heart of the property sits a rock home—solidly built, in good shape, and ready for your personal updates. Surrounded by large trees, the home provides a welcoming atmosphere and a shaded yard ideal for gatherings. The land is fully fenced and currently supports cattle, making it a turnkey option for ranchers or those seeking agricultural use. A stock tank adds water access for livestock and wildlife, while the expansive acreage offers plenty of room for grazing, recreation, or simply enjoying the outdoors.

9325 Fm 1339, Martindale

503 Main St, Martindale
$879,900
3 Beds ⋅ 3 Baths ⋅ 3029831 MLS
The oldest home in Magical Martindale! Built by the town doctor, Dr. Lawson for his family between 1898 and 1900 and located in the Martindale Historical District, this 2,994 square-foot Queen Anne Victorian has passed through only four owners in its history. Situated on a block-deep 0.689 acres with mature trees, the home features a wraparound covered porch, hardwood floors, natural woodwork, multiple living and dining areas, transoms throughout, and five fireplaces. A rare find for the area, the home also includes an unfinished basement, offering storage or future potential. The original carriage house now serves as a 2-car garage, adding to the property's historic character. City water and sewer and central HVAC add everyday convenience to the charm. The property also has a grey water system that keeps the giant trees happy. Walk across the street to the San Marcos River and all that Martindale has to offer. A rare opportunity to own a piece of Martindale history - and the possibilities are endless! Showings are by appointment only.

503 Main St, Martindale

503 Main Street, Martindale
$879,900
3 Beds ⋅ 2 Baths ⋅ 618994 MLS
The oldest home in Magical Martindale! Built by the town doctor, Dr. Lawson for his family between 1898 and 1900 and located in the Martindale Historical District, this 2,994 square-foot Queen Anne Victorian has passed through only four owners in its history. Situated on a block-deep 0.689 acres with mature trees, the home features a wraparound covered porch, hardwood floors, natural woodwork, multiple living and dining areas, transoms throughout, and five fireplaces. A rare find for the area, the home also includes an unfinished basement, offering storage or future potential. The original carriage house now serves as a 2-car garage, adding to the property's historic character. City water and sewer and central HVAC add everyday convenience to the charm. The property also has a grey water system that keeps the giant trees happy. Walk across the street to the San Marcos River and all that Martindale has to offer. A rare opportunity to own a piece of Martindale history - and the possibilities are endless! Showings are by appointment only.

503 Main Street, Martindale

100 Little El Paso Rd, Martindale
$799,500
4 Beds ⋅ 5 Baths ⋅ 6747369 MLS
Five acres. A private pool. A separate guest residence. Your own piece of Hill Country. Five acres. That’s 5.01 level, cleared, fully fenced acres in a gated community of just six homes. Mature trees shade the land, wildlife comes through regularly and the only neighbors you’ll hear are the birds. There’s room for gardens, animals, a workshop or simply wide open space. With an oversized two-car garage, RV access and parking for eight, every truck, trailer and toy has a place. A private pool. The in-ground pool and pergola sit just off the back deck, ready for long Texas summers. You get swims in the morning and evenings under the stars, all with no crowds and no HOA pool schedule. A separate guest residence. The private guest apartment is about 900 sq ft, with its own entrance, full kitchen, living area, bedroom with walk-in closet and separate A/C. It’s ideal for extended family, visiting guests, a private home office or rental income. Everyone gets their own space, and there’s real earning potential too. Your own piece of Hill Country. The main residence has three bedrooms, including two primary suites. It also features vaulted ceilings, wood and tile floors, and a kitchen with granite counters, a center island and stainless appliances. Step out to the wraparound porch and take in Hill Country and pasture views that stretch to the horizon. It all feels a world away, but San Marcos is only 15 minutes out, Austin is 45 and the San Marcos River is minutes from your gate.

100 Little El Paso Rd, Martindale

2551 Scull Rd, Martindale
$630,750
1 Beds ⋅ 1 Baths ⋅ 8597544 MLS
Enjoy peaceful country living on 16.89 ag-exempt acres at 2551 Scull Road in Martindale. The ranch is currently offered at approximately 13% below its appraised value, based on an appraisal completed in October 2026, and is conveniently located within easy reach of San Marcos, Austin, and San Antonio. An elevated homesite offers wide-open views across the property, with a large front porch made for taking in the quiet surroundings. A newly built 880-square-foot cabin features a commercial kitchen, while an oversized septic system leaves room for future expansion. Water runs throughout the property, and the ranch includes a chicken coop, multiple cattle and horse pens, and several additional homesites to explore. Located outside city limits, this versatile property offers room to build, raise animals, and enjoy the space and privacy of the Texas countryside.

2551 Scull Rd, Martindale

4355 Se River Rd, Martindale
$499,900
3 Beds ⋅ 2 Baths ⋅ 7379539 MLS
Welcome to this charming Hill Country-style home sitting atop 5.515 peaceful acres just south of Magical Martindale! This 3-bedroom, 2-bath home offers 1,719 sq ft of comfortable living with an open floor plan, soaring beamed ceilings, and recent vinyl flooring throughout. The kitchen features an island with breakfast bar, solid countertops, pantry, and opens to two dining areas — perfect for entertaining. The primary suite includes a walk-in closet, separate shower, and double vanity. The land is a blank slate, with only the perimeter ranch-fenced with an automatic gate. Additional highlights include a 2-car garage, new metal roof, stone and Hardiplank exterior, aerobic septic, co-op water and electric, and access to a shared well for livestock. No HOA, no floodplain - just wide open Texas living! Schedule your showing today!

4355 Se River Rd, Martindale

4355 SE River Road, Martindale
$499,900
3 Beds ⋅ 2 Baths ⋅ 608061 MLS
Welcome to this charming Hill Country-style home sitting atop 5.515 peaceful acres just south of Magical Martindale! This 3-bedroom, 2-bath home offers 1,719 sq ft of comfortable living with an open floor plan, soaring beamed ceilings, and recent vinyl flooring throughout. The kitchen features an island with breakfast bar, solid countertops, pantry, and opens to two dining areas — perfect for entertaining. The primary suite includes a walk-in closet, separate shower, and double vanity. The land is a blank slate, with only the perimeter ranch-fenced with an automatic gate. Additional highlights include a 2-car garage, new metal roof, stone and Hardiplank exterior, aerobic septic, co-op water and electric, and access to a shared well for livestock. No HOA, no floodplain - just wide open Texas living! Schedule your showing today!

4355 SE River Road, Martindale

TBD TraCT H Scull Rd, Martindale
$449,900
608917 MLS
“‘Scuse me while I kiss the sky” - Jimi Hendrix Living this high above it all is a special experience. Luxurious sunrises and sunsets make having a patio mean something altogether different. You’ll have all the privacy that 11.48 acres can provide. Neighbors hundreds (thousands) of feet away and huge views in every direction. Just a mile to the San Marcos river, 6 miles to Wal Mart but a good 45 minutes from the crowds of downtown Austin. You’ll build something beautiful - the deed restrictions prevent your neighbors from devaluing your investment. Bring animals, build a pond, create a homestead or anything you can imagine. The 11 acres is as much an opportunity as it is an investment. It’s such and amazing and unique property, you need to see it to appreciate all the possibilities.

TBD TraCT H Scull Rd, Martindale

TBD TraCT H Scull Rd, Martindale
$449,900
601776 MLS
“‘Scuse me while I kiss the sky” - Jimi Hendrix Living this high above it all is a special experience. Luxurious sunrises and sunsets make having a patio mean something altogether different. You’ll have all the privacy that 11.48 acres can provide. Neighbors hundreds (thousands) of feet away and huge views in every direction. Just a mile to the San Marcos river, 6 miles to Wal Mart but a good 45 minutes from the crowds of downtown Austin. You’ll build something beautiful - the deed restrictions prevent your neighbors from devaluing your investment. Bring animals, build a pond, create a homestead or anything you can imagine. The 11 acres is as much an opportunity as it is an investment. It’s such and amazing and unique property, you need to see it to appreciate all the possibilities.

TBD TraCT H Scull Rd, Martindale

TBD Tract H Scull Rd, Martindale
$449,900
4502076 MLS
“‘Scuse me while I kiss the sky” - Jimi Hendrix Living this high above it all is a special experience. Luxurious sunrises and sunsets make having a patio mean something altogether different. You’ll have all the privacy that 11.48 acres can provide. Neighbors hundreds (thousands) of feet away and huge views in every direction. Just a mile to the San Marcos river, 6 miles to Wal Mart but a good 45 minutes from the crowds of downtown Austin. You’ll build something beautiful - the deed restrictions prevent your neighbors from devaluing your investment. Bring animals, build a pond, create a homestead or anything you can imagine. The 11 acres is as much an opportunity as it is an investment. It’s such and amazing and unique property, you need to see it to appreciate all the possibilities.

TBD Tract H Scull Rd, Martindale

5734 Fm 621, Martindale
$445,000
4 Beds ⋅ 2 Baths ⋅ 7589931 MLS
Rare opportunity to acquire an expansive one-acre property with a charming rural aesthetic, ideally situated just five miles outside San Marcos and minutes from Seguin and New Braunfels. The spacious 2,393 square-foot, single-story main house features a bright open-concept floor plan accented by durable wood-style flooring and tile throughout. Designed for entertaining, it boasts two distinct living rooms and a large island kitchen equipped with upgraded appliances, including the refrigerator. With four generous bedrooms, two full bathrooms, and a welcoming back patio, this home combines space and function seamlessly. Positioned privately on the parcel sits a 550-square-foot tiny house featuring one bedroom with a walk-in closet, a full bathroom, a complete kitchen, and a versatile addition—ideal for multi-generational living, guests, or rental income. Each home includes its own dedicated carport for convenient parking. The expansive grounds highlight a dedicated fenced dog run and vast open space ready for a custom pool, larger patio, or personalized outdoor oasis.

5734 Fm 621, Martindale

108 Lakeside Cv, Martindale
$400,000
4997584 MLS
Truly a one of a kind opportunity. Located in a private ski lake community just outside of San Marcos, TX, this property not only has a Pinterest-inspired dock house, it has a private dock, not a shared space like most of the others on the lakes. It has a boat lift, outdoor shower, the building pad/site is lifted out of the floodplain, beautiful concrete driveway and is landscaped with established trees. The community has a shared space on the San Marcos River front as well as a club boat that is rentable located on lake 4. The dock house is well designed and every detail has been thought out. Ample storage under the benches, plenty of outlets, room for tables and chairs, a pass-thru window from inside to outside, outdoor kitchen with a sink and inside - wow. The tiny home has storage in the steps, a full size fridge, triple paned windows, plenty of kitchen cabinets, an upstairs loft for after-ski naps, and a cozy living space with a work desk. The dock house is also essentially waterproof! PolyWall was used up to 4 ft (if you sealed the door, the little house would practically be waterproof!) as well as spray in foam throughout. Hardie board provides the wainscotting and there is even storage in the attic! This property also comes with ski rights to the 4 private lakes. Come enjoy a little piece of paradise as you feel every day is like a vacation!

108 Lakeside Cv, Martindale

108 River Lakes Ln, Martindale
$398,000
2004312 MLS
San Marcos River Ranch is more than just a place to live; it's a lifestyle! Located at the edge of the Texas Hill Country. This stunning 1.4-acre lakefront property offers some of the most beautiful sunrises and sunsets, with boating, skiing, and direct river access for tubing, canoeing, kayaking, or simply relaxing at the Community River park, or boathouse for endless leisure and social opportunities. Discover Your Dream at San Marcos River Ranch! Embrace the charm of country living with the convenience of city amenities just minutes away. Martindale has a charming feel, thriving businesses, and is well known for movie productions!!! Don't miss a chance to own a piece of Texas waterfront; experience why San Marcos River Ranch is one of Texas' most desirable communities.

108 River Lakes Ln, Martindale

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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