Historic Stone
For Sale
$1,150,000
107 W Center St, Kyle, TX 78640
A tenant-occupied ground floor is paired with upper-level gathering and meeting areas.
Property Size3,750 SF
Price / SF$306.67
Days on Market26
Property Features for 107 W Center St
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Commercial
Zoning
CBD-2
Additional Details
Tenant in Place
Yes
Amenities
original wood floors
exposed rafters
expansive gathering space
additional meeting area
kitchenette
Building Details
Building Size
3,750 SF
Year Built
1911
Buildings
1
Stories
3
Construction
stone
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Sep 29
Changed: Oct 23
Last Checked: Oct 23 at 4:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DeVillar Properties
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Investment Insights
Based on property information with market context.
This 3,750-square-foot stone commercial building dates to 1911 and contains multiple interior spaces with separate entrances. The first floor is tenant occupied. Upstairs, original wood flooring and exposed rafters frame a large gathering area, with a separate meeting room and kitchenette also on the level.
The property is at 107 W Center St in Downtown Kyle, directly across from City Hall and one block from Mary Kyle Hartson City Square Park. It is zoned CBD-2.
The property is at 107 W Center St in Downtown Kyle, directly across from City Hall and one block from Mary Kyle Hartson City Square Park. It is zoned CBD-2.
Key Highlights
- 3,750‑square‑foot stone commercial building built in 1911
- Multiple spaces with separate entrances
- Tenant‑occupied first floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,031
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,320,620
$1.3M
Cap Rate 7%
$943,300
$943.3K
Cap Rate 9%
$733,678
$733.7K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$97.7K $26.04/SF
− Vacancy
−$3.3K −$0.89/SF
EGI
$94.3K $25.15/SF
− OpEx
−$28.3K −$7.55/SF
NOI
$66.0K $17.61/SF
Area
Hays County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,320,620
Cap Rate 7%
$943,300
Cap Rate 9%
$733,678
Alternative Uses
Best Use
Retail
$943.3K
$825.4K – $1.10M
NOI $66,031 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,732 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 46%
Home Improvements & Furnishings 2%
Starbucks
Dining
17,316 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,926 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,333 visits/mo
0.4 miles
AutoZone
Shops & Services
7,418 visits/mo
0.4 miles
Casa Maria
Dining
6,112 visits/mo
0.2 miles
Demographics for 78640, TX
64,539
Population
25,236
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
87%
High-School Grad
89.6 sq mi
ZIP Area
720
Density / Sq Mi
$88,533
Median Household Income
$45,439
Median Earnings
$1,572
Median Rent
$291,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Blooming Day Flowers — 225 S Main St STE 106, Kyle, TX 78640
- Carmen’s Floral Creations — 105 Rebel Dr, Kyle, TX 78640
Frequently Asked Questions
What type of property is this?
Storefront property - A tenant-occupied ground floor is paired with upper-level gathering and meeting areas.
Where is this storefront property located?
The property is located at 107 W Center St Kyle, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,750‑square‑foot stone commercial building built in 1911; Multiple spaces with separate entrances; Tenant‑occupied first floor
