$769,000
For Sale

224 W Martin Luther King Drive

San Marcos, TX 78666
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Description

The site consists of 2 contiguous parcels totaling approximately .4038 acres (224 W. MLK & 145 Feltner Alley). Located a short walking distance to the San Marcos Square and less than 1/2 mile from Texas State University; the location is unbeatable. The lots are currently vacant and have utilities from the City of San Marcos. The City of San Marcos zoning map indicates the current zoning of Character District 5 Downtown (CD-5D) which is designed to provide for mixed use, pedestrian oriented development in the downtown area. The COSM zoning ordinances indicate up to 100% impervious cover and a maximum building height of 5-stories (75’).The high intensity zoning, prime location, and land area make this site prime for redevelopment for Apartments, Townhouses, Live/Work, Mixed Use Shopfront, or a Civic Building. As of this publication, there are limited opportunities to purchase lots zoned CD-5D in the Downtown Area.
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  • Property Details
    • Property
      • View:City
      • Lot description:Corner Lot, City Lot, Interior Lot
    • Measurements
      • Acres:0.4038
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Community and Neighborhood Details
    • Location
      • School district:San Marcos ISD
      • Elementary School:Hernandez
      • Middle School:Miller
      • High School:San Marcos
      • County:Hays
    • Community
      • Subdivision:Original Town Of San Marcos
  • Financial Details
    • Pricing Details
      • Original List Price:$879, 500
      • Selling Office Commission:3.000
      • Days on Market (Cumulative):239
  • Other
    • Source
      • MLS #:7131602

Location

Austin Market RealtyReal Estate Group
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