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Archived about 1 month ago

$599,000

287060 sqft

2115 High Road , Kyle, TX 78640

Lot

Current Rent **

$1,500

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Teddy Abi

6.59 Acres in Kyle – MH‑Ready – Development Opportunity !!

6.59 Acres • MH-Ready • Development Opportunity • Cash Deal • Quick Close

Prime 6.59-acre tract in Kyle with land use already aligned for manufactured housing. Flat, usable land with utilities in the area and strong demand driven by explosive growth along the IH-35 corridor.

Property Details:
- Total: 6.59 acres
- Land use supports manufactured housing
- Flat, buildable land
- Utilities available in the area (verify specifics)
- No structures to remove
- Strong demand for affordable housing in Kyle
- AS-IS
- Cash buyers only
- $15,000 non-refundable EMD required
- Quick close preferred

Highest & Best Use Options:
- Manufactured housing community (±30 pads)
- Build-to-rent micro community
- Land-lease model
- Park model homes
- Long-term land banking

Price: $599,000
Address: 2115 High Road, Kyle TX 78640

Note: Kyle continues to grow rapidly with strong demand for affordable housing. This tract offers immediate development potential and long-term upside.

Location:

2115 High Road , Kyle, TX 78640

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.