# 209 Cheatham Street, San Marcos, TX 78666

> **TL;DR:** commercial, $625,000. Est. $2,708/mo. Listed 203 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Lot Size | 19,863 sqft (0.46 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 203 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Property Highlights

- 0.46 acre lot

## Description

### Agent 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. 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 Why South Square: 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.

## Location

- **Address:** 209 Cheatham Street, San Marcos, TX 78666
- **County:** Hays
- **Neighborhood:** Katy Add

## Listing Agent

- **Name:** Ann Flink
- **Brokerage:** Kelly Right Real Estate of Tex
- **Phone:** 5127576163
- **Email:** hello@annieflinkrealtor.com

## Primary Photo

![209 Cheatham Street - Primary Photo](http://lh.rdcpix.com/9b7dcb64e58d0d6a8e06ecb09b4e5d57l-f4030172048r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/209-cheatham-street-san-marcos-tx-78666-r596261)*

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**MLS#:** 596261 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/209-cheatham-street-san-marcos-tx-78666-r596261)

---

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