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San Marcos Development Opportunity

215 Cheatham St San Marcos, TX 78666

215 Cheatham St, San Marcos, TX, 78666
$325,000
For Sale
$325,000

Prime 0.65-acre infill development site in rapidly growing district.

Lot Size0.19 Acres
Days on Market129

Property Features for 215 Cheatham St

General Information

Standard status
Active
Lot size
0.19 Acres
Property subtype
Commercial
Listing Agency Kelly Right Real Estate of Tex
Listed by Ann Flink · License #0729218
Source Elliman
Added: Mar 11 Checked: Jul 17 at 4:24 am

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 site 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, reducing start-up costs and accelerating development timelines. A recent survey is included. With the parcels positioned side-by-side, investors can design a unified site plan that consolidates parking, utilities, and circulation for greater efficiency, phased development, or shared infrastructure. The location offers strong long-term fundamentals: just ½ mile 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.

Key Highlights

  • Prime ±0.65‑acre infill development site in the rapidly growing South Square District of San Marcos.
  • Versatile CD‑5D zoning allows for higher‑density residential, live‑work, retail, hospitality, and mixed‑use development (up to 24 units per acre).
  • Utilities (city water, wastewater, and electric) are available at the street.

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 Furniture & Home Goods Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Commercial land - Prime 0.65-acre infill development site in rapidly growing district.
Where is this commercial land located?
The property is located at 215 Cheatham St San Marcos, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prime ±0.65‑acre infill development site in the rapidly growing South Square District of San Marcos.; Versatile CD‑5D zoning allows for higher‑density residential, live‑work, retail, hospitality, and mixed‑use development (up to 24 units per acre).; Utilities (city water, wastewater, and electric) are available at the street.
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