201 S Old Highway 81, Kyle TX 78640

Off Market

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Ed's Opinion of Value

$95,000 Ed's Estimate: $150,588 $374,999

Lowest Comp Recommended List: $81,000 to $91,000 Highest Comp

The market data from 7 similar recent sales in ORIGINAL TOWN OF KYLE points to a value of approximately $150,588. To sell within a reasonable timeframe at fair market value, the $81,000 to $91,000 range is where I'd position this. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in ORIGINAL TOWN OF KYLE. The 559 sqft size difference versus comparable sales is reflected in the adjusted values. The 1960 construction puts this home 12 years older than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78640 Market Trends

$310,000 Median Sold Price ▼ 6.8% 6mo

$164/sqft Median $/SqFt ▼ 8.4% 6mo

91 days Avg Days on Market 14 days slower

580 homes Active Inventory 5.2 mo supply

98.1% Sale-to-List Ratio

667 Sales (6 months)

Recently Sold Comparables

$111,546 adjusted 109 Selvera ST, Kyle TX 78640 2bd / 1.0ba • 1,196 sqft • 0.6 mi Sold 4 months ago

$221,203 adjusted 702 S Groos ST, Kyle TX 78640 3bd / 2.0ba • 1,412 sqft • 0.6 mi Sold 5 months ago

$120,922 adjusted 511 S Meyer ST, Kyle TX 78640 3bd / 1.0ba • 1,208 sqft • 0.6 mi Sold 10 months ago

$120,088 adjusted 102 Selvera ST, Kyle TX 78640 3bd / 2.0ba • 1,232 sqft • 0.7 mi Sold 4 months ago

$165,167 adjusted 108 Hitching Post DR, Kyle TX 78640 3bd / 1.0ba • 1,008 sqft • 0.9 mi Sold 4 months ago

Currently on Market

$374,999 1113 N Old Highway 81, Kyle TX 78640 2bd / 1.0ba • 780 sqft • 0.5 mi 67 days on market

$95,000 107 Castillo ST, Kyle TX 78640 1bd / ba • 840 sqft • 0.9 mi 4 days on market

2 Beds

1 Baths 1 Full

754 Sq Ft

0.1148 Acres

1960 Built

About This Property

*Contract has NOT expired. Property is now listed as strictly a Commercial Listing, not Residential. Please contact me at 512-710-3628 for more details!*
Location, Location, Location! Investor opportunity! Whether you want to tear down and build your own vision or use the bones of the home and renovate how you’d like, this property’s location does not get any better. The name of the subdivision speaks for itself! You are right there in Downtown Kyle! This property can be home to a new commercial building or to a buyer/investor looking to renovate or build themselves a new home to either live in or rent out to create passive income. Across S Old Highway 81 is the popular restaurant and bar The RailHouse. Just a couple of blocks west is City Hall, many shops and other local businesses, as well as Downtown Kyle Park. With being just one block over from E Center St, the location of the property is amazing!
*Buyer to conduct their own due diligence and verify all information.*

Features

Primary Bedroom on Main

Location

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Schools

School District Hays ISD

Elementary Kyle

Middle School Laura B Wallace

High School Lehman

Property Details

Property Type Residential

Flooring Vinyl, Wood

Cooling None

Heating None

Exterior None

County Hays

MLS # 8960778

Tax Information

Annual Taxes $1,754 (2021)

Listing History

MLS# 8960778 22 days (113 CDOM)

Oct 13, 2022	Off Market
Sep 21, 2022	Listed		$360,000

Frequently Asked Questions About 201 S Old Highway 81, Kyle TX 78640

When was 201 S Old Highway 81, Kyle TX 78640 built?

201 S Old Highway 81, Kyle TX 78640 was built in 1960.

How much does 201 S Old Highway 81, Kyle TX 78640 cost?

201 S Old Highway 81, Kyle TX 78640 is currently off market.

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Jan 31, 2018	Off Market
Jun 12, 2017	Listed		$478,420