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.