Back to Search
Downtown Character District Development Land

209 Cheatham Street San Marcos, TX 78666

209 Cheatham Street, San Marcos, TX, 78666
$625,000
For Sale
$625,000

COMMERCIAL - San Marcos, TX

Lot Size0.46 Acres
Days on Market254

Property Features for 209 Cheatham Street

General Information

Property type
Commercial Sale
Property subtype
Other
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

Utilities

Sewer type
Public Sewer
Water source
Public
Listing agency Kelly Right Real Estate of Tex
Listed by Ann Flink · License #0729218
Added: Nov 10, 2025 Updated: Jul 9 at 3:18AM Checked: Jul 22 at 8:06PM
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.

Two lots are being sold together to create an approximately 0.65-acre development site. The property is zoned CD-5D (Downtown Character District) and includes city water, wastewater, and electric available. The site has flat topography and is partially wooded, with a recent survey available.

Private road access, curb cuts, and storm-drain infrastructure are in place. The seller indicates financing may be available.

The CD-5D zoning supports a broad mix of downtown-oriented development options described in the listing, including multi-family or courtyard housing (up to 24 units), restaurant/bar/retail concepts, mixed-use residential over commercial, boutique hotel or short-term rental use, and creative office or studio space. The property is located in the heart of San Marcos’ emerging South Square District, with access to Highway 123 and I-35 and proximity described as steps from the San Marcos River and blocks from Texas State University and the Downtown Square.

Key Highlights

  • Prime location in San Marcos' emerging South Square District
  • Two lots totaling ~0.65 acres with high‑visibility commercial development potential
  • CD‑5D zoning allows for a wide mix of uses

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Storage Facility Kitchen & Bath Showroom Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Two combined lots totaling about 0.65 acres are zoned CD-5D with utilities available and site infrastructure in place.
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: Prime location in San Marcos' emerging South Square District; Two lots totaling ~0.65 acres with high‑visibility commercial development potential; CD‑5D zoning allows for a wide mix of uses
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message