A Prime corner lot, this infill redevelopment opportunity is within walking distance of Texas State University. Zoned Legacy Mixed Use, this .8 acre lot allows for a wide range of redevelopment options including, multi-family, townhomes, offices, convenience store, commercial, retail, etc. Up to 4 stories can be built on the property. There is currently an 8" water line and a 12" wastewater line running along the property line on Chestnut Street. The house is currently rented for $2,500/month. Please refer to the San Marcos Land Development Code Under Chapter 9 for the full range of development possibilities. Located in an Opportunity Zone. Buyers to do their own due diligence to verify future development.
Mls | 9245148 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Days On Site | 140 |
Listing Provided By | All City Real Estate Ltd. Co | Lucia Duecy |
Car Port | Yes |
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Pool | Yes |
Acreage | 0.80 |
Property View | City |
State | TX |
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County | Hays |
City | San Marcos |
Zip Code | 78666 |
Area | HS |
Community Name | Park Add |
School District | San Marcos |
Elementary School | Rodriguez (San Marcos ISD) |
Middle School | Miller |
High School | San Marcos |
Listing VS Median (in Park Add) | |
Price: $1,000,000 low | high Med: $500,700 On Site: 140 low | high Med: 180.000000 |