$2,300,000
Kyle, TX 78640
Description
Over 20 acres with Highway 21 frontage and close to a brand new DR Horton neighborhood. Land borders the Walton Property which has huge development plans. Property accessed by 80' Joint Use Access Agreement. This is your opportunity to develop the property into a neighborhood, RV park, Mobile home park or collect rents and hold or live on site with money coming in from rents. Bees on property so low AG taxes. High density development allowed. ETJ location allows flexible zoning. There are 3 existing mobile homes in good condition, plus a billboard on property providing over $52000 rental income every year with longterm tenants. Commercial septic has a 1500 plus gallon capacity and only being used 50% so you can add 3-4 more homes. Three water connections on site with only one being used currently. Additional septic & electric pole on property. Properties were inspected in 2021 and all issues addressed.
Key Features
- Price $2,300,000
- Property Type Residential Income
- Acres 20 Acres
- Utilities Above Ground Utilities,Electricity Connected,Sewer Connected,Underground Utilities,Water Connected
- City Kyle
- Status Active
Improvements
- Fence: Barbed Wire,Livestock,Perimeter
- Heating: Central
- Permit internet: 1
- Pool: None
- Roof: Composition
Other
- City: Kyle
- County: Hays
- State: TX
- Zipcode: 78640
- Year Built: 2014
- Floors: See Remarks
- Subdivision: El Camino Real Estates Sec 2
Property Map
From I-35 exit 2001, RT on HWY 21, RT on Twister Trail, follow road straight into property.
From 183/Toll 130 exit HWY 21, RT on Twister Trail, follow road straight into property.
©2024 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #8114294 Courtesy of Fox Realty. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
