6611 E Post RD, Kyle TX 78640

Kyle, TX 78640 | Payne Indust Park

Ed's Opinion of Value

$406,968 Ed's Estimate: $522,794 $949,999
Lowest Comp Recommended List: $512,000 to $533,000 Highest Comp

Listing History

$2,750,000 List Price
$429,994 Comp Value
1 Price Reductions

This property was listed at $2,750,000 and expired after 265 days on market. The price was reduced from $3,000,000 to $2,750,000. This listing activity factors into the valuation.

My analysis of 7 comparable properties puts this home's estimated value at $522,794. Based on how the local market is moving, a list price between $512,000 and $533,000 would position this home well. Buyers shopping in PAYNE INDUST PARK right now would see this as a well positioned option among 5 comparable homes. At 43 years older than typical comps, the 1980 build date influences the valuation. The larger lot (6.44 acres versus the area average of 0.20) contributes to the valuation. With 7 comparable sales in PAYNE INDUST PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
0 Beds
0 Baths 2 Full
2,622 Sq Ft
6.44 Acres
1980 Built
3 Garage

About This Property

Revenue-generating 6.44 acres in fast growing city of Kyle. 1/2 mile from I-35. *Unique Opportunity* Property has (2) commercial buildings and (1) single family residence. The zoning allows for apartments no more than 28 units per buildable acre!!! MIXED USE DEVELOPMENT POTENTIAL. Currently zoned "A" (Agriculture). Per the Comprehensive Plan, it's located in the "Regional Node". Recommended Zoning Districts: R-1-C, R-3-2, R-3-3, CC, NC, RS, MXD
Conditional Zoning Districts: CBD-1, CBD-2, E, HS, R-3-1, O/I. As an owner, you can live here, work here, AND produce a monthly income! (1) 2,800 sqft leased metal building consists of (3) bays: 34x42 shop + 20x20 open bay + 20x20 office : (2) 2,196 sqft building owner occ. consists of (3) bays: 21x36 open bay + 18x36 office + 20x36 oversized garage : (3) 2,408 sqft beautifully remodeled 2 story home w/ 3bd/2ba. Charming modern-rustic vibe with wood-laminate and tile flooring, two living areas, bonus room, and a steel spiral staircase leading to the upstairs suite featuring a spacious covered deck. An RV spot and second home site with utilities is also on the property. Includes 3 septic systems, 3 water meters, and 5 electric meters. City website shows progress for a wastewater line 0.5 miles on I-35. Future extension along Post Road is likely to fuel the 180 acre mixed use development with proposed 500+ homes, townhomes, and commercial retail (Spooner Tract) across the street.

Features

  • Ceiling Fan(s)
  • Granite Counters
  • High Speed Internet
  • Open Floorplan
  • Pantry

Location

Schools

School District Hays ISD
Elementary Laura B Negley
Middle School R C Barton
High School Lehman

Property Details

Property Type Commercial Sale
Flooring Laminate
Cooling Central Air
Heating Central
Exterior Balcony, Private Entrance, RV Hookup
County Hays
MLS # 5535903

Parking

Garage 3 spaces

Listing History

MLS# 5535903 265 days
Jun 1, 2022 Off Market
Mar 7, 2022 Price Change $2,750,000
Sep 3, 2021 Listed $3,000,000

Frequently Asked Questions About 6611 E Post RD, Kyle TX 78640

When was 6611 E Post RD, Kyle TX 78640 built?

6611 E Post RD, Kyle TX 78640 was built in 1980.

How much does 6611 E Post RD, Kyle TX 78640 cost?

6611 E Post RD, Kyle TX 78640 is currently off market.

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