111 Clydesdale Drive, San Marcos, TX 78666

• 7 beds |
• 5 baths |
• 3,756 sqft

Property Description

Seller Financing Available. Located in the heart of San Marcos’ rapidly growing South Square District, 209 & 215 Cheatham Street offer a prime ±0.65-acre infill development site with exceptional flexibility and visibility. Zoned CD-5D (Downtown Character District) one of the city’s most versatile mixed-use designations. Supports higher-density residential, live-work, retail, hospitality, and mixed-use development. Developers can pursue either a fee-simple resale or rental-income strategy, with zoning allowing up to 24 units per acre for townhomes, multifamily, boutique commercial, or shopfront mixed-use concepts in a walkable urban setting. The site provides over 150 feet of frontage at Cheatham & McKie, with city water, wastewater, and electric available at the street, reducing start-up costs and accelerating development timelines. A recent survey is included. With the parcels positioned side-by-side, investors can design a unified site plan that consolidates parking, utilities, and circulation for greater efficiency, phased development, or shared infrastructure. The location offers strong long-term fundamentals: just ½ mile to Downtown San Marcos, 1 mile to Texas State University, and walking distance to local venues including Patio Dolcetto, Triple Six Social, and The Davenport. The San Marcos River is only blocks away, with connectivity to Austin and San Antonio via I-35 and Highway 123. For investors seeking a ready-to-build Central Texas opportunity with rare zoning flexibility, walkability, utilities in place, and accelerating demand, the Cheatham & McKie tract is a compelling mix of location, infrastructure, and development potential in one of San Marcos’ most active redevelopment corridors.

Listing Status:

Active

Date Added:

December 8, 2025 at 06:00AM

Listing Office:

Kelly Right Real Estate of Tex : 512-219-2829

Listing Agent:

Ann Flink : 512-757-6163

MLS ID:

599014

Interior

• General: All Bedrooms DownBuilt-in FeaturesCeiling Fan(s)Dining AreaSeparate/Formal Dining RoomGarden Tub/Roman TubIn-Law FloorplanMultipleDining AreasOpen FloorplanSplit BedroomsSeparate ShowerVanityWalk-In Closet(s)Breakfast BarBreakfast AreaCustom CabinetsEat-in KitchenKitchen/Family Room ComboKitchen/Dining ComboPantry
• Appliances: DryerDishwasherGas RangeMicrowaveRefrigeratorRange HoodWater HeaterWasherSome Gas Appliances
• Laundry: Laundry in Utility RoomLaundry RoomIn Unit
• Flooring: Carpet FreeTileVinylWood
• A/C: OtherSee Remarks2 Units
• Heating: Multiple Heating UnitsOtherSee Remarks
• Fireplace: Living RoomWood Burning StoveFireplaceFireplaces: 1

Exterior

• General: Covered PatioOtherPrivate YardSee RemarksPropane Tank - Owned
• Style: Hill CountrySpanish
• Other Structures: PatioCovered
• Pool: CommunityOtherSee Remarks

Construction

• Roofing: CompositionMetalShingle
• General: MasonryStucco1Slab

Location

• Road/Access: County Road
• Originating MLS: CTEXAS_WCAOR
• School District: San Marcos Cisd
• County: Hays

Lot

• Zoning: COUNTRY ESTATES IVLOT 30ACRES 3.02R24963
• View: None
• Fencing: Back YardPrivacyWood

Utilities

• Utilities: Electricity AvailablePropaneElectricity on Property
• Water: PrivateWell
• Sewer: Not Connected (at lot)Public Sewer

Financial

• Source: CTEXAS_WCAOR

This listing courtesy of Ann Flink, Kelly Right Real Estate of Tex