Current Use by Public Records
- Land
Property Details for 0 Marketplace Ave
- Lot size
- 18.84 lot acres
- Property type
- Land
Description
This exceptional 18.84-acre land parcel in Kyle, Texas, presents a unique opportunity for a mixed-use development. Located on Marketplace Avenue near Highway I-35, this PUD-zoned property offers unparalleled access to the thriving Austin MSA and local amenities. The approved plan allows for the construction of a four-story, surface-parked multifamily project encompassing over 330 units, achieving a density of approximately 28 units per acre. In addition, roughly 3.5 acres are designated for standalone commercial/retail development, eliminating the need for ground-floor retail within the residential component. The City of Kyle has approved significant development cost savings, including waivers for roadway, water/wastewater, and parkland dedication fees, along with the elimination of on-site stormwater detention requirements. This prime location benefits from Kyle's explosive growth, ranking among the fastest-growing cities in Texas and the nation, fueled by a robust economy and the presence of major employers such as Tesla, Amazon, and prominent healthcare systems. This is an exceptional opportunity to capitalize on Kyle's dynamic market and realize substantial returns on investment. The property's address is 0 Marketplace Ave, Kyle, TX 78640, with Hays County APN R134788.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kyle
- County
- Hays
- State
- Texas
- Longitude
- -97.8703
- Latitude
- 30.0081
