Infill Site Near TXST Campus

Highlights

  • Walking Distance to Texas State
  • Prominent corner location
  • 0.52 acre lot
  • 3 bed / 2 bath house
  • Leased for $2,100 / month
  • Income Producing
  • Surrounded by MF and MU Zoning

 

 

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  • Seller: CARSON DIVERSIFIED LAND LP
  • Location: 905 N LBJ
    San Marcos, TX 78666
  • Zoning: SF-6
  • Utilities: All City Utilities On-Site
  • Seller Financing: Inquire
  • Tenant Improvement Allowance: N/A

Situated on highly trafficked N LBJ drive, this investment or infill redevelopment property is within walking distance to Texas State University and a number of nearby restaurants and services. This site includes an existing income producing residential structure (3 bedrooms & 2 baths) currently leased until 6/30/2020 for $2,100 per month. The 0.52 acre parcel is currently zoned SF-6 but is surrounded by Multifamily and Mixed-Use zoning - including Vie Lofts at San Marcos a mixed-use mid-rise building. 

The adjoining property at 906 Chestnut (0.80 Acres) is also listed for sale by another office and may present an opportunity for assembly to a larger parcel for redevelopment.

Showings must be scheduled through our office at (512) 392-3322. Please do not disturb the current tenants.

Unit Size Offered Price Unit Price Status
0.52 Acres $675,000 Base: $29.79 / PSF Available