Downtown Character District Development
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
(512) 219-2829
Listed by
Ann Flink · License #0729218
(512) 757-6163
Added: Nov 10, 2025 Updated: Jul 9 at 3:18AM Checked: Jul 22 at 8:06PM
MLS# 596261
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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.
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
Similar For Sale Nearby
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