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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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209 Cheatham , San Marcos, TX 78666
$625,000
Est. Payment: $3,145.23/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Two lots sold together. Seller Financing Available. In the heart of San Marcos' emerging South Square District, 209 & 215 Cheatham Street offer a rare opportunity to develop a high-visibility commercial site surrounded by culture, community, and growth. Just steps from the San Marcos River, this walkable location sits amid a thriving local business scene and is only blocks from Texas State University and the Downtown Square. With easy access to Highway 123 and I-35, it's perfectly positioned for future development at the intersection of small-town charm and downtown energy. Both Lots Combined ~0.65 acres Zoned CD-5D (Downtown Character District) City water, wastewater & electric available Private road, curb cuts, and storm-drain infrastructure in place Flat topography, partially wooded, ready for development Recent survey available Seller financing available Development Potential: CD-5D zoning allows a wide mix of uses that fit the walkable, urban core character of South Square: Multi-Family or Courtyard Housing (up to 24 units) Restaurant / Bar / Retail concepts Mixed-Use residential over commercial Boutique Hotel or Short-Term Rental Hub Creative Office or Studio Space Located in a close knit community of local businesses in a district coming alive with music, food, and energy. With the San Marcos River just down the street and 123 and I-35 blocks away, South Square is San Marcos' next development opportunity.
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Highlights

Listed by Ann Flink , (512) 757-6163 Kelly Right Real Estate of Tex , (512) 757-6163. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Commercial Sale

County

Hays

Area

3100

Listing ID

1921999

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:CD-5D
Principal Interest
$3,145
Taxes
$0

Home Price

$625,000

Loan Details

30 yrs
6.454%

Down Payment

20%
$125,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,145.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,145.23 $0.16 $0.00 $3,145.39
Yearly $37,742.75 $1.97 $0.00 $37,744.72
Total $1,132,282.57 $59.05 $0.00 $1,132,341.61

Today's Rates

30 Year

6.45%

20 Year

6.2%

15 Year

5.87%

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Market insight data is pulled from the same city as the listing being viewed (San Marcos, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

IDX service by Blueroof 360

Data last updated: 2026-07-19T18:12:21.000Z

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