0 Marketplace Ave Kyle, TX 78640
This exceptional 9.12-acre parcel, zoned PUD, presents a remarkable multifamily development opportunity in the thriving city of Kyle, Texas. Located at the intersection of Marketplace Ave and Burleson St, this property boasts unparalleled accessibility and connectivity. Kyle, with a population of 53,763, is one of Texas' fastest-growing cities, experiencing significant economic expansion with recent additions like HPI, Majestic Realty, Alsco, and ENF. The site benefits from its proximity to the billion-dollar Uptown Kyle development, featuring a hotel, convention center, office spaces, soccer complex, and numerous retail establishments. Strategic location offers easy access to I-35, State Hwy 21 via FM150W, and State Hwy 123, placing it within a short commute of Austin (26 minutes), San Marcos (16 minutes), Austin-Bergstrom International Airport (ABIA) (24 minutes), and San Antonio (59 minutes). The property's APN is R99809 and its location is in Hays County, TX, zip code 78640. This site represents a unique chance to capitalize on Kyle's explosive growth and create a highly desirable multifamily community. The property's central Texas location and excellent infrastructure make it an ideal investment for discerning developers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.