2601 Fm 150 Kyle, TX 78640
This ±20.17-acre tract in Kyle, Texas, presents a unique redevelopment opportunity. Located at the northwest corner of FM 150 East and O'Bryant Road, this unzoned property offers significant flexibility for commercial or multifamily development. Its strategic location just a few miles from I-35 provides easy access to Austin and San Antonio, capitalizing on the booming economy of the I-35 corridor. The property boasts two prime commercial sites at the front and an additional 10 acres at the rear with frontage on O'Bryant Road. Two water taps are available via County Line Water Supply, and an existing septic system is in place (condition not guaranteed). Individual septic solutions may also be feasible. While outside city limits but within Kyle's ETJ, the property benefits from flexible development options without zoning restrictions; the Kyle development agreement should be consulted for guidance. The land includes a small stock tank and a typically dry creek in the southwest portion, but it's outside the FEMA floodplain. Currently holding an agricultural exemption, this property offers potential tax advantages. Kyle's rapid growth, fueled by major employers like Amazon, FedEx, and Lowe's, makes this a highly desirable location for investment. The city's ongoing investments in infrastructure and amenities further enhance its appeal as a thriving community. This property is ideally suited for a variety of development projects, offering significant potential for substantial returns. The asking price is $5,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.