207 ELMHURST DRIVE, KYLE, TX 78640

Homes for sale in Kyle.

Homes for sale in 78640.


Active

List Price$2,400,000

207 Elmhurst Drive

Kyle, TX 78640

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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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