2451 Fm 150 Kyle, TX 78640
This exceptional 21.15-acre tract presents a remarkable mixed-use development opportunity in the rapidly expanding city of Kyle, Texas. Located at 2451 W FM 150, Hays County, zip code 78640, this property boasts approximately 800 feet of frontage along FM 150. Currently zoned ETJ (Extra Territorial Jurisdiction) under Kyle's jurisdiction, it offers significant potential for a variety of development projects. The land features a desirable rectangular shape with gradual topographical changes, making it ideal for medium-density mixed-use construction. The property's strategic location provides excellent access to schools, shopping centers, and major transportation routes. Its adjacency to 6 Creeks, a master-planned community with over 2,000 homes and extensive amenities including a pool, pavilion, fishing pond, and trails, further enhances its appeal. Kyle's remarkable population growth, from 5,000 in 2000 to over 56,000 in 2023, underscores its attractiveness to developers. The city's interest in higher-end mixed-use/residential developments presents a unique chance to create a project that aligns with the city's vision while capitalizing on the area's strong growth trajectory. While the eventual zoning after annexation may limit large-scale single-use projects, this property offers a compelling platform for a thoughtfully planned, high-quality development. The total square footage of the land is 921,294 square feet.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.