Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    192 Hess Dr Kyle, TX

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land in Kyle, Texas, experiencing rapid population and infrastructure growth.

    Lot size:
    3.00 Acres

    Property Features for 192 Hess Dr

    General Information

    Lot size
    3.00 Acres

    We can help!

    Listing Contact
    Anthony Nelson
    Source: Moodyscre

    Listing Agent: Anthony Nelson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land in Growing Kyle, Texas

    Located in Kyle, Texas, this land benefits from the city's rapid growth. Kyle is home to approximately 58,000 residents and has experienced a year-over-year population growth of 9%, ranking it among the fastest-growing cities in both Texas and the U.S. The area features a favorable business and tax environment, coupled with rapidly growing infrastructure. This has attracted major employers, including Tesla, Amazon, St. David’s, and Ascension Hospital Systems.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Kyle
    County
    Hays
    State
    Texas
    Longitude
    -97.8772267
    Latitude
    29.9891052

    Nearby Similar for Sale

    • $825,000
      2,710 SF

      Kyle, TX Commercial Opportunity

      6.108 acres with multiple income-producing structures.
      1000 Heidenreich Ln, Kyle, TX 78640
      View Details
    • $2,900,000
      0.92 Acres

      Established Car Wash Business Opportunity

      Turnkey car wash business in Kyle, Texas with high visibility.
      1051 Rr-150, Kyle, TX 78640
      View Details
    • $3,500,000
      9,000 SF

      Retail Center on Interstate 35

      Multi-tenant retail center in Kyle, Texas with high visibility.
      21511 Interstate 35, Kyle, TX 78640
      View Details
    • $2,967,080
      10,640 SF

      NNN Investment Opportunity in Kyle

      Single tenant Dollar General with 15-year lease in rapidly developing area.
      1600 Bunton Creek Rd, Kyle, TX 78640
      View Details
    • $1,450,000

      Historic Downtown Kyle Mixed-Use Building

      Two-story stone building in historic downtown Kyle for sale.
      107 W Center St, Kyle, TX 78640
      View Details
    • $569,900

      Modern Tenant-Occupied Duplex Investment

      Turnkey duplex with strong rental potential and professional management.
      136 Lakeview Ct, Kyle, TX 78640
      View Details
    • $5,518,248
      14,820 SF

      NNN Retail Property For Sale

      NNN lease with 7+ years remaining in Kyle, TX.
      5781 Kyle Pkwy, Kyle, TX 78640
      View Details
    • $569,900

      Tenant-Occupied Duplex Investment Opportunity

      Modern duplex with tenant-friendly features and professional management.
      124 Lakeview Ct, Kyle, TX 78640
      View Details
    • $675,000

      Lakeview Court Specialty Properties

      Two specialty properties available for sale on Lakeview Court.
      137 Lakeview Ct, Kyle, TX 78640
      View Details
    • $590,000

      Kyle, TX Specialty Property

      Specialty property available for sale in Kyle, Texas.
      450 Peck St, Kyle, TX 78640
      View Details
    • $329,000

      Kyle, TX Specialty Property

      Specialty property available for sale in Kyle, Texas.
      306 Banff, Kyle, TX 78640
      View Details
    • $356,990

      Kyle, TX Specialty Property

      Specialty property available for sale in Kyle, Texas.
      331 Yellowstone Dr, Kyle, TX 78640
      View Details

    FAQs

    What type of property is this?
    Land - Land in Kyle, Texas, experiencing rapid population and infrastructure growth.
    Where is this land located?
    The property is located at 192 Hess Dr Kyle, TX.
    What are key features of this property?
    This property features: - Located in Kyle, one of the fastest-growing cities in Texas and the U.S.; - High population growth (9% year-over-year).; - Favorable business and tax environment.
    (512) 985-9444
    Request Owner's contact information
    192 Hess Dr Kyle, TX
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    192 Hess Dr
    Kyle, TX
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    192 Hess Dr Kyle, TX
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Anthony Nelson
    (512) 985-9444
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.