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$2,400,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for MLS# 9504732
General
- Price: $2,400,000
- Taxes: $27,826 (2025)
- Status: Active
- Type: Business
- Source: Austin_MLS
- MLS ID: 9504732
- Updated: 7/30/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease Info: NNN
Interior
- Flooring: Concrete
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Additional Information
- Security/Safety: Security System Owned, Fire Alarm, Prewired
Exterior
- Exterior Features: Sprinkler/Irrigation
Parking
- Total Spaces: 10
- Parking Features: Additional Parking
Location
- Area: HH
- County: Hays
- Subdivision: 800 Goforth Square
- Building Name: Blue Sprig Autism
- Driving 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 Turn left onto Elmhurst Drive The property is located in the professional office complex at the back
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Fiber Optic Available, Phone Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Stone
- Stories/Levels: 1
- Square Feet: 7,000
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Other, See Remarks
- Year Built: 2007
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.82
- Lot Size (Sq. Ft.): 35,719.2
- Lot Size Source: Assessor
- Topography: Level
- Lot Features: Flat
Financial Considerations
- Operating Expenses: $42,576
- Assessment Amount: $1,137,324
- Tax Amount: $27,826.57
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, SBA Type Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Financials, Rent Rolls, Survey
- Legal Description: 800 GOFORTH SQUARE, LOT 4, ACRES 0.82
- Disclosures/Reports: Owner Is Listing Agent, Seller Disclosure
- Property ID: 1131210000004002
- Lot Number: 4
Listed by MAG Real Estate LLC
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Schools
Schools serving MLS# 9504732
School District:Hays Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Susie Fuentes Elementary School 901 Philomena Drive, Kyle, TX 78640 | PK-5 | 0.2 mi |
Armando Chapa Middle School 3311 Dacy Lane, Kyle, TX 78640 | 6-8 | 2.2 mi |
Lehman High School 1700 Lehman Road, Kyle, TX 78640 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 9504732
Date
Details
Price
Change
Source
7/29/2026
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 9504732
MLS# 9504732, Kyle, TX 78640 (MLS# 9504732) is a Business property. MLS# 9504732 is currently listed for $2,400,000 and was received on July 29, 2026. Want to learn more about MLS# 9504732? Do you have questions about finding other Business real estate for sale in Kyle? You can browse all Kyle real estate or contact a Coldwell Banker agent to request more information.

