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Commercial Potential on Half Acre

1501 N Burleson St, Kyle, TX 78640

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For Sale

$645,000

Half-acre property with commercial potential near Marketplace Ave. and IH35.

Type:Commercial

Property size:

1,541 SF

Lot size:

0.50 Acres

Price / SF:

$418/SF

HighLights

High commercial potential due to location and nearby commercial activity.
Half‑acre lot with option to purchase adjacent half‑acre for a total of one acre.
Excellent location: one block from Marketplace Ave. & Burleson St. roundabout and IH35 access road.
Existing 1541 sq ft house suitable for residential or office use.
Utilities available: septic, city water, and electric connected; sewer line at the street.
Seller willing to consider repairs and improvements with an acceptable offer.

We can help!

Contact an agent

David Aston

For Sale

$645,000

Half-acre property with commercial potential near Marketplace Ave. and IH35.

Type:Commercial

Property size:

1,541 SF

Lot size:

0.50 Acres

Price / SF:

$418/SF

Added:: Mar 11, 2026
Days on Market:: 118
Last Refresh:: Jul 3 at 12:44 am

Property Features for 1501 N Burleson St

General Information

Standard status: Active
Size: 1,541 SF
Lot size: 0.50 Acres
Property subtype: Commercial

Building Details

Year Built: 1996

We can help!

Contact an agent

David Aston

Listing office Aston & Associates

Listing date Mar 11, 2026

Source Elliman

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 Aston & Associates

HighLights

High commercial potential due to location and nearby commercial activity.
Half‑acre lot with option to purchase adjacent half‑acre for a total of one acre.
Excellent location: one block from Marketplace Ave. & Burleson St. roundabout and IH35 access road.
Existing 1541 sq ft house suitable for residential or office use.
Utilities available: septic, city water, and electric connected; sewer line at the street.
Seller willing to consider repairs and improvements with an acceptable offer.

Overview

This property, situated on 0.50 acres, features a 1541 square foot house that has been used as a single-family residence. The property offers commercial potential and could be suitable for a variety of small businesses or continued use as a single-family residence. Located just a block from the Marketplace Ave. & Burleson St. roundabout and one block from the IH35 access road, the property benefits from its proximity to commercial activity. Mixed-use developments have been approved in the surrounding area. The current zoning is AG, which allows for the single-family residence; a zoning change will be needed for commercial use. The property is connected to septic, city water, and electric. A sewer line is available at the street but is not currently connected to city sewer. An additional adjoining 0.50 acre is also for sale, offering the possibility of acquiring a total of 1 acre. The property offers opportunities to build a custom building or develop the property. A zoning change will be needed with the City of Kyle for a particular business use.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$64.7k	$42.00
− Vacancy	−$15.7k	−$10.21
EGI	$49.0k	$31.79
− OpEx	−$12.2k	−$7.95
NOI	$36.7k	$23.85

1,541 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$524.9K

$459.3K – $612.4K (±1% cap)

NOI $36,746 @ 7.0% cap · market cap 5.70%

Second Best

Retail

$387.6K

$339.2K – $452.2K (±1% cap)

NOI $27,134 @ 7.0% cap · market cap 4.21%

Theoretical Best

Office A

$644.2K

$563.7K – $751.5K (±1% cap)

NOI $45,092 @ 7.0% cap · market cap 6.99%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Kyle
County: Hays
State: Texas
Longitude: -97.8707
Latitude: 30.0016

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For sale
Commercial land
TX
Kyle
78640
1501 N Burleson St

What type of property is this?

Commercial land - Half-acre property with commercial potential near Marketplace Ave. and IH35.

Where is this commercial land located?

The property is located at 1501 N Burleson St Kyle, TX.

What is the asking price?

The asking price for this property is $645,000.

What are key features of this property?

This property features: High commercial potential due to location and nearby commercial activity.; Half‑acre lot with option to purchase adjacent half‑acre for a total of one acre.; Excellent location: one block from Marketplace Ave. & Burleson St. roundabout and IH35 access road.