AUSTIN LOCAL TEAM · UNLOCK MLS

215 Cheatham St

San Marcos, TX, 78666

Active

$325,000

Asking sale price

Listed by Kelly Right Real Estate of Tex · Annie Flink

Listing attribution contact: (844) 535-5974

MLS #3925158 · Active

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Data obtained . Listing modified .

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0Bedrooms

0Bathrooms

See RemarksProperty type

THE HOME, IN THE LISTING AGENT’S WORDS

A closer look.

Seller Financing Available. Located in the heart of San Marcos’ rapidly growing South Square District, 209 & 215 Cheatham Street offer a prime ±0.65-acre infill development site with exceptional flexibility and visibility. Zoned CD-5D (Downtown Character District) one of the city’s most versatile mixed-use designations. Supports 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.

Read the full description

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.

For investors seeking a ready-to-build Central Texas opportunity with rare zoning flexibility, walkability, utilities in place, and accelerating demand, the Cheatham & McKie tract is a compelling mix of location, infrastructure, and development potential in one of San Marcos’ most active redevelopment corridors.

THE DETAILS THAT SHAPE YOUR DAY

Reported property facts

Property type
Commercial Sale
Property subtype
See Remarks
Bedrooms
0
Bathrooms
0
Lot acres
0.191
Parking spaces
2

Features & finishes

parking

None

utilities

Electricity Available · Water Available

construction

Other

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215 Cheatham St

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Listing source and permitted use

Presented by Austin Local Team · All City Real Estate, ltd. Co. · (512) 710-0337

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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