A Los Angeles-based entity of homebuilder D.R. Horton has purchased approximately 8.3 acres of land in San Marcos for $11 million, according to CoStar Group and public data.

The land off Mulberry Drive is currently zoned as industrial and is being held for potential development. The seller was listed as Mulberry-SAB LLC.

The recorded buyer was listed as D.R. Horton Los Angeles Holding Co. Inc. The homebuilder has its corporate headquarters in Fort Worth, Texas.