ActiveResidential · sale

1501 & 1503 Burleson

Kyle, TX 78640

$925,000

  • 3 beds
  • 2 baths
  • 1,541 sq ft
  • 1 acres
  • Built 1996

Listed by Aston & Associates · MLS #ACT7839057

1501 & 1503 Burleson, Kyle, TX 78640 — photo 1 View full photo
1 / 30

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1996.

Property size

1 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

PRICE IMPROVEMENT, THIS IS ONE OF THE BEST REMAINING 1 ACRE PROPERTIES IN THE KYLE AREA. THIS PROPERTY CONSIST OF 2 SEPARATE .50 ACRE PROPERTIES FOR 1 TOTAL ACRE. THE PROPERTIES CAN BE PURCHASED TOGETHER AS SHOWN IN THIS LISTING OR SEPARATELY (1501 ML# 6596630 AND 1503 ML# 4831757 ). SELLER WILL CONSIDER REPAIRS AND IMPROVEMENTS TO 1501 WITH AN ACCEPTABLE OFFER. OWNER WILL CONSIDER FINANCING 1503 ONLY WITH AN ACCEPTABLE OFFER.
ALL REASONABLE OFFERS WILL BE CONSIDERED. THERE ARE SO MANY POSSIBILITIES FOR THIS PROPERTY. TONS OF GREAT COMMERCIAL POTENTIAL FOR THIS 1 ACRE PROPERTY WITH A NICE 1541 sf HOUSE THAT HAS BEEN USED AS RESIDENTIAL IN THE PAST, BUT IT WOULD BE A GREAT OFFICE LOCATION OR SETUP FOR A VARIETY OF SMALL BUSINESSES. THE PROPERTY IS CURRENTLY ZONED AG WHICH ALLOWS FOR THE SFR HOME, SO A ZONING CHANGE WILL BE NEEDED FOR ALL COMMERICAL USE. THERE'S TONS OF COMMERCIAL ACTIVITY NEARBY AND MIXED USE DEVELOPMENTS HAVE BEEN APPROVED AROUND THE PROPERTY.
THIS PROPERTY IS JUST A BLOCK FROM THE MARKETPLACE AVE. & BURLESON ST. ROUNDABOUT AND ONE BLOCK FROM THE IH35 ACCESS ROAD. THERE IS SO MUCH OPPORTUNITY FOR YOU TO SET UP YOUR BUSINESS IN THIS LOCATION WITH HIGH VISIBILITY FOR YOUR BUSINESS. THE PROPERTY IS CONSIST OF 2 SEPARATE .50 ACRES THAT CAN BE PURCHASED SEPARATELY OR TOGETHER FOR A TOTAL OF 1 ACRE. OWNER WILL CONSIDER FINANCING 1503 ONLY.
CONTACT OWNER/AGENT FOR MORE DETAILS. EACH HALF ACRE IS CONNECTED TO SEPTIC, CITY WATER AND ELECTRIC. THERE IS A SEWER LINE AT THE STREET, BUT NEITHER PROPERTY ARE CONNECTED TO CITY SEWER AT THIS TIME, BUT COULD BE. GET CREATIVE AND IMAGINE YOUR BUSINESS ON THIS PROPERTY. IF YOU PREFER TO BUILD YOUR OWN BUILDING OR DEVELOP THE PROPERTY THERE AS SO MANY POSSIBILITIES TO DO THAT ON THIS PROPERTY.
A ZONING CHANGE WILL BE NEEDED FOR YOUR PARTICULAR COMMERCIAL BUSINESS USE WITH THE CITY OF KYLE. CALL OR TEXT OWNER / AGENT TODAY FOR MORE INFORMATION AND TOUR THE PROPERTY TODAY.
Take a virtual tourExplore the locationMore properties in Kyle

THE NEIGHBORHOOD

Explore the location.

1501 & 1503 Burleson, Kyle, TX 78640

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1996
Full baths
2
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Electric Oven
Flooring
Vinyl
Fencing
Partial, Wire
Accessibility
None
Pool features
None
Subdivision
Z HINTON ABS 0220
Parcel
R91954 and R14792
Elementary school
Kyle
Middle school
Laura B Wallace
High school
Jack C Hays
Annual property tax
$10,824.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,854.17
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

1501 & 1503 Burleson, Kyle, TX 78640 · MLS #ACT7839057

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Kyle.

797 Sweet Gum$359,900797 Sweet GumKyle, TX248 Prickly Poppy$514,990248 Prickly PoppyKyle, TX121 Prickly Poppy$474,990121 Prickly PoppyKyle, TX

Listing information

MLS #ACT7839057 · Austin Board of Realtors

Listing brokerage: Aston & Associates
Listing agent: David Aston

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.