#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
A Prime corner lot, this infill redevelopment opportunity is within walking distance of Texas State University. With highly desirable CD-4 zoning, this .8 acre lot allows for a wide range of redevelopment options including multi-family, townhomes, offices, convenience store, commercial, retail, etc. Up to 3 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 was previously rented for $2,500/month, but it is currently vacant. Please refer to the San Marcos Land Development Code Under Chapter 4 for the full range of development possibilities. Located in an Opportunity Zone. Buyers to do their own due diligence to verify future development. See documents for the survey and the zoning outline.
Property Type
Commercial Sale
Lot Size
0.80 acres
Garage
3 spaces
Listed by All City Real Estate Ltd. Co
Verified property facts
906 Chestnut St is listed at $1,000,000 with 0 bedrooms, 0.80-acre lot. This places it above the 78666 median of $545,000.
906 Chestnut St is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 906 Chestnut St is $6,179. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($200,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 906 Chestnut St is around $5,704 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Property Details
Construction
Parking
Listing timeline with current price, original ask, and market time.
20% ($200K)
$1,000,000
Luxury property intelligence
A sourced read on Park Add pricing, timing, and property scale. No automated valuation claim.
List price
$1,000,000
Price per sqft
Not available
Vs. Park Add median
Not available
Days on market
262 days
Original to current
No verified reduction
$1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 13, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,000,000, 906 Chestnut St is in the Park Add market where there are currently 304 active listings in 78666. The Keenan Group has completed 1 transactions in 78666 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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