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# | 9889071 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 209 |
Listing Provided By | All City Real Estate Ltd. Co | Lucia Duecy |
SQ Feet | 1,400 |
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Car Port | Yes |
Building(s) | 3 |
Zoning | Zoned Legacy Multi-use. Uses inc |
Acreage | 0.80 |
Water Front | Yes |
State | TX |
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County | Hays |
City | San Marcos |
Zip Code | 78666 |
Area | HS |
Community Name | Park Add |
Listing VS Median (in Park Add) | |
Price: $1,000,000 low | high Med: $130,700 SqFt: 1,400 low | high Med: 1,306 $ / SqFt: $714 low | high Med: $100 On Site: 209 low | high Med: 27.500000 |