Downtown Commercial
For Sale
$625,000
209 Cheatham Street, San Marcos, TX 78666
CommercialSale, San Marcos, TX
Property SizeContact for details
Lot Size0.46 Acres
Days on Market287
Property Features for 209 Cheatham Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Katy Add
Lot features
City Lot, Quarter To Half Acre Lot
Elementary school district
San Marcos Cisd
Middle school district
San Marcos Cisd
High school district
San Marcos Cisd
Directions
from I-35 South, take exit 204. Cross the river ad turn right on McKie Street. Continue 4 blocks. Property is at the intersection of Mckie and Cheatham.
Standard status
Active
APN
R97836
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KATY ADDITION, BLOCK 1, LOT 7-A, ACRES 0.456
Tax Annual Amount
2406
Legal Description
KATY ADDITION, BLOCK 1, LOT 7-A, ACRES 0.456
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Kelly Right Real Estate of Tex
(512) 219-2829
Listed By:
Ann Flink · License #0729218
(512) 757-6163
Added: Nov 10, 2025
Changed: Aug 20
Last Checked: Aug 24 at 5:06PM
MLS# 596261
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering combines two adjoining lots at 209 and 215 Cheatham Street in San Marcos. The property is zoned CD-5D, or Downtown Character District, with a flat site that is partially wooded. City water, wastewater, and electric are available, while a private road, curb cuts, and storm-drain infrastructure are already in place. A recent survey is also available.
The site is positioned within the South Square District, near the San Marcos River, Texas State University, and the Downtown Square. Highway 123 and I-35 provide access from the surrounding area. Under the stated CD-5D framework, potential development formats include multifamily or courtyard housing of up to 24 units, restaurant, bar, retail, mixed-use residential over commercial, boutique hotel, short-term rental, creative office, and studio space.
The site is positioned within the South Square District, near the San Marcos River, Texas State University, and the Downtown Square. Highway 123 and I-35 provide access from the surrounding area. Under the stated CD-5D framework, potential development formats include multifamily or courtyard housing of up to 24 units, restaurant, bar, retail, mixed-use residential over commercial, boutique hotel, short-term rental, creative office, and studio space.
Key Highlights
- Two lots offered together at 209 and 215 Cheatham Street
- CD‑5D Downtown Character District zoning
- Public water, wastewater, and electric available
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 78666, TX
86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels with CD-5D zoning, public utilities, and infrastructure supporting urban-core development.
Where is this commercial land located?
The property is located at 209 Cheatham Street San Marcos, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two lots offered together at 209 and 215 Cheatham Street; CD‑5D Downtown Character District zoning; Public water, wastewater, and electric available
