Prime San Marcos Development
For Sale
$625,000
209 Cheatham St, San Marcos, TX 78666
0.65-acre infill site in rapidly growing South Square District.
Property SizeContact for details
Lot Size0.46 Acres
Days on Market168
Property Features for 209 Cheatham St
General Information
Standard status
Active
Lot size
0.46 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,405
Building Details
Year Built
2026
Listing Agency:
Kelly Right Real Estate of Tex
(512) 757-6163
Listed By:
Ann Flink · License #0729218
(512) 757-6163
Source:
Elliman
Added: Mar 10
Changed: Aug 24
Last Checked: Aug 24 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelly Right Real Estate of Tex
Investment Insights
Based on property information with market context.
Located in the heart of San Marcos’ rapidly growing South Square District, this approximately 0.65-acre infill development site at 209 & 215 Cheatham Street offers exceptional flexibility and visibility. The property is zoned CD-5D (Downtown Character District), one of the city’s most versatile mixed-use designations, supporting higher-density residential, live-work, retail, hospitality, and mixed-use development. Developers can pursue either a fee-simple resale or rental-income strategy, with zoning allowing up to 24 units per acre for townhomes, multifamily, boutique commercial, or shopfront mixed-use concepts in a walkable urban setting. The site provides over 150 feet of frontage at Cheatham & McKie, with city water, wastewater, and electric available at the street. The parcels are positioned side-by-side, allowing investors to design a unified site plan that consolidates parking, utilities, and circulation for greater efficiency, phased development, or shared infrastructure. The location is just approximately 0.5 miles to Downtown San Marcos, 1 mile to Texas State University, and walking distance to local venues including Patio Dolcetto, Triple Six Social, and The Davenport. The San Marcos River is only blocks away, with connectivity to Austin and San Antonio via I-35 and Highway 123. Seller financing is available. A recent survey is included.
Key Highlights
- Prime 0.65‑acre infill development site in San Marcos' rapidly growing South Square District.
- Versatile CD‑5D zoning allows for high‑density residential, live‑work, retail, hospitality, and mixed‑use development.
- Utilities available at the street (city water, wastewater, and electric).
Property Analytics
Property Profile
Current Use
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
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.65-acre infill site in rapidly growing South Square District.
Where is this commercial land located?
The property is located at 209 Cheatham St 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: Prime 0.65‑acre infill development site in San Marcos' rapidly growing South Square District.; Versatile CD‑5D zoning allows for high‑density residential, live‑work, retail, hospitality, and mixed‑use development.; Utilities available at the street (city water, wastewater, and electric).
