906 Chestnut Street

San Marcos, TX 78666
$1,000,000

Description

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.

  • Property Details
      • View:City
      • Lot description:Alley, Back Yard, City Lot, Front Yard, Garden, Trees Large Size
      • Pool:1
      • Acres:0.7984
      • Property type:Purchase
      • Utility features:Cable Available, Electricity Available, Phone Available, Sewer Available, Water Connected
      • Subdivision:Park Add
      • School district:San Marcos ISD
      • Elementary School:Rodriguez (San Marcos ISD)
      • Middle School:Miller
      • High School:San Marcos
      • County:Hays
      • Original List Price:$1, 100, 000
      • Days on Market (Cumulative):133
      • Taxes annual:$6, 179
      • MLS #:9245148
      • Cost:1000000
      • Property subtype:Other
      • MLS #:9245148

Location

Donathan ChangReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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