207 ELMHURST DRIVE, KYLE, TX 78640
Homes for sale in Kyle.
Homes for sale in 78640.
List Price$2,400,000
207 Elmhurst Drive
Kyle, TX 78640
Listing #9504732
7,000
Square Feet
Commercial
Type
About This Property
Exceptional Investment Opportunity in the Heart of Kyle, Texas! This 7,000± square foot commercial building is fully leased to a long-term tenant, offering immediate cash flow with a 7.0% cap rate and annual 2% rent increases. The tenant has occupied the property since 2018, has an excellent payment history, and is currently in a long-term lease, making this a turnkey investment opportunity. Originally designed as a childcare center, the property offers a flexible layout with spacious classrooms, multiple restrooms, administrative offices, and a large commercial kitchen area. A fully fenced outdoor playground with existing playground equipment provides additional value for childcare, educational, or specialty uses should the property ever become available for owner occupancy. One of the property's hidden gems is the walk-up attic, providing an expansive storage area of nearly half the size of the main building, offering exceptional storage rarely found in commercial properties. Situated in a well-established professional office complex surrounded by medical and professional businesses, the property enjoys excellent visibility, convenient access, and a prime location just minutes from Interstate 35. The tenant is responsible for many day-to-day property expenses, creating a low-maintenance investment with attractive long-term income potential. Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a quality commercial asset in one of Central Texas' fastest-growing markets, 207 Elmhurst is an opportunity you won't want to miss.
Property Features
Location Information
County
Hays
Subdivision
800 Goforth Square
County
Hays
Directions
Driving North on I-35 (from San Antonio/New Braunfels) Take Exit 213 -- RM 150 / Center Street Stay on the northbound frontage road. Turn right on Philemeno Turn right onto Elmhurst Drive. The property is in the professional office complex at the very back left White rock building Driving South on I-35 (from Austin) Take Exit 215 -- FM 1626 / Kyle Parkway Turn right at the overpass and go towards the hospital. Take a Right on Philemeno Continue straight until you pass the elementary school
Area
HH
Interior Features
Heating
Central
Disabled Features
Accessible Washer/Dryer, Accessible Kitchen Appliances, Adaptable Bathroom Walls, Accessible Kitchen, Visitor Bathroom, Accessible Entrance
Floors
Concrete
Accessibility
Accessible Washer/Dryer, Accessible Kitchen Applian
Laundry
Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Exterior Features
Style
Stone
Water
Public
Is New Construction
No
Parking Description
Additional Parking
Construction/Exterior
Stone
Topography
Level
Exterior
Sprinkler/Irrigation
Lot Size in Acres
0.82
Foundation
Slab
Buildings
1
Possession
Closing & Funding, Close Of Escrow
Has Waterfront
No
Water / Sewer
Public Sewer
Is One Story
Yes
Additional Information
Other Utilities
Electricity Connected, Fiber Optic Available, Phone Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connecte
APN
1131210000004002
Property Type
COM
Status
Active
Property SubType
Business
Documents Available
Financials, Rent Rolls, Survey
Year Built
2007
Similar Listings
Mortgage Calculator
$11,208
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,648
Monthly Tax
$2,000
Monthly Insurance
$560
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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