Description
Directly across the street from Texas State University on Old Ranch Road 12, these two homes sit on a .363 acre lot with Mixed Use zoning; the location and underlying potential are extremely attractive to investors and end-users alike. Both homes are currently rented out with rental income totaling $2,200/month. 833 RR-12 (home on the left) and 835 RR-12 (home on the right) both sit on one parcel and will be sold together. The home on the left is a two-story, 2 bedroom, 1.5 bathroom home. The downstairs features a living room, kitchen with a breakfast area, and a half bath. The upstairs features two bedrooms, a full bath, and access to the 2nd story balcony. The home on the right is a single-story 1 bedroom, 1 bath home with a cozy kitchen and living room that leads to the covered front porch. The area in front of the house has the potential for adding a deck, patio, or entertainment area that would have a direct view of Texas State. The City of San Marcos zoning map indicates the current Legacy Zoning of Mixed-Use which gives endless possibilities to the end buyer. The Mixed-Use zoning, prime location, and land area make this site prime for a Bed & Breakfast Inn, Fraternity or Sorority Building (w/conditional use permit), Retail Store, Loft Apartments, Offices, Hotel/Motel, Adult Day Care/Assisted Living, Medical Clinic, Nursing Home, Caterer, or Dance/Drama/Music School. As of this publication, there are limited opportunities to purchase a commercially mixed-use property with two existing homes and expansion potential. Uses, zoning, utilities, etc. should be confirmed by the Buyer through the City of San Marcos.
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Directly across the street from Texas State University on Old Ranch Road 12, these two homes sit on a .363 acre lot with Mixed Use zoning; the location and underlying potential are extremely attractive to investors and end-users alike. Both homes are currently rented out with rental income totaling $2,200/month. 833 RR-12 (home on the left) and 835 RR-12 (home on the right) both sit on one parcel and will be sold together. The home on the left is a two-story, 2 bedroom, 1.5 bathroom home. The downstairs features a living room, kitchen with a breakfast area, and a half bath. The upstairs features two bedrooms, a full bath, and access to the 2nd story balcony. The home on the right is a single-story 1 bedroom, 1 bath home with a cozy kitchen and living room that leads to the covered front porch. The area in front of the house has the potential for adding a deck, patio, or entertainment area that would have a direct view of Texas State. The City of San Marcos zoning map indicates the current Legacy Zoning of Mixed-Use which gives endless possibilities to the end buyer. The Mixed-Use zoning, prime location, and land area make this site prime for a Bed & Breakfast Inn, Fraternity or Sorority Building (w/conditional use permit), Retail Store, Loft Apartments, Offices, Hotel/Motel, Adult Day Care/Assisted Living, Medical Clinic, Nursing Home, Caterer, or Dance/Drama/Music School. As of this publication, there are limited opportunities to purchase a commercially mixed-use property with two existing homes and expansion potential. Uses, zoning, utilities, etc. should be confirmed by the Buyer through the City of San Marcos.
© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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 last updated: 2022-06-26T00:03:26.117.