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.
Property Details
Property Features
Listing Office:
Office Name: All City Real Estate Ltd. Co
Office Phone: (512) 751-8889
Listing Agent: Lucia Duecy
Exterior Features
Exterior Information:
Waterfront: None
View: City
Lot Features
Lot Information:
Lot: Interior Lot, Gentle Sloping
Lot Size: 0.80 Acres
Other
Directions Information:
Directions: East of 35, down the street from TXSTU campus.
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Tax Information:
Annual Amount: $2,215
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Marcos, TX.
This property is $649.1K more than the Median Sold Price in San Marcos, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #6192613
Listing Office:
Office Name: All City Real Estate Ltd. Co
Office Phone: (512) 751-8889
Listing Agent: Lucia Duecy
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,215
$223,770
2020
$4,798
$217,710
2019
$4,741
$209,948
2018
$4,742
$192,619
2017
$3,860
$173,290
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Travis Elementary School
1437 Post Rd
Distance between this listing and this school1.14 miles
Public District Grades KG-5
6
/10
Crockett Elementary School
1300 Girard St
Distance between this listing and this school1.26 miles
Public District Grades KG-5
3
/10
Texas Preparatory School
400 Uhland Rd Ste 2
Distance between this listing and this school1.57 miles
Public Charter Grades KG-6
Nearby Schools
2
/10
Goodnight Middle School
1301 N State Highway 123
Distance between this listing and this school2.44 miles
Public District Grades 6-8
2
/10
Miller Middle School
301 Foxtail Run
Distance between this listing and this school2.98 miles
Public District Grades 6-8
4
/10
Wallace Middle School
1500 W Center St
Distance between this listing and this school7.47 miles
Public District Grades 6-8
Nearby Schools
1
/10
Ki Charter Academy
120 Bert Brown St
Distance between this listing and this school0.91 miles
Public Charter Grades 1-12
3
/10
San Marcos High School
2601 Rattler Rd
Distance between this listing and this school4.93 miles
Public District Grades 9-12
4
/10
Lehman High School
1700 Lehman Rd
Distance between this listing and this school9.04 miles
The neighbors living near this home have an average income of $27,375. Most San Marcos, TX residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 906 Chestnut St
What is the listing price of this property?
The listing price of 906 Chestnut St property is $1,000,000.
What type of property is this?
The property 906 Chestnut St is land located in San Marcos, Texas, 78666.
Is this property for sale now?
Active Listing: 906 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,215 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 906 Chestnut St in San Marcos, TX and zip code 78666 in the Sessom Creek neighborhood. This home sits on a 0.80 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $1,000,000.
Over 5 listings were sold over their listed price in October 2024 in San Marcos, TX. In the same period over 41 listings were sold below the listed price and 18 listings were sold for the listed price. In October 2024 in San Marcos, TX there were 8.6% more homes for sale than in September 2024. While the average time on the market in October 2024 was 80 days, the median list price was $350,885.
From Rocket Homes Real Estate and based on county public records data.