Kyle, TX 78640,261 Graef RD

$750,000

Est.Price: ?

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Est. payment /mo

5 Acres Lot


SOLD DATE : 04/15/2024

Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Sold

Purchase Type For Sale

Subdivision Abigail Meadows

MLS Listing ID 4127102

Sold Date 04/15/24

Originating Board actris

Annual Tax Amount $14,467

Tax Year 2023

Lot Size 5.000 Acres

Property Description

Great Investment!!Income producing property with 5 acres of land, a mechanic shop, Tiny house, and a metal building, you have plenty of space and potential subdividing. The fact that it already has electricity and water is a huge plus!
2 acres of land are already being used to lease to 18 wheelers bringing income of $4200 a month you can lease the mechanic shop, you have an additional 2 acres left that haven't been utilized yet. This gives you the opportunity to explore various options for those remaining acres. You could consider expanding the mechanic shop if you find that it's thriving and in need of more space. Alternatively, you could also explore other business ventures or even lease out the land to other businesses or individuals who could benefit from it. The lack of restrictions and zoning on the property is fantastic as it allows for flexibility and creativity in how you choose to use the land. You can explore different ideas and possibilities without being limited by any specific regulations. It's always a good idea to research local regulations and permits to ensure you comply with any necessary requirements, but the absence of zoning restrictions certainly opens up a world of possibilities.
Overall, you have an exciting opportunity with this property. It's always great to have a combination of functional structures, open land, and utilities already in place. No survey available, Agents due your diligence on this property.

Location

State TX

County Hays

Interior

Fireplace N

Exterior

Community Features Creative Office Space, Park

Utilities Available Above Ground

Waterfront No

Waterfront Description None

View Hill Country

Building

Lot Description Cleared, Few Trees, Open Lot

Sewer None

Water Public

New Construction No

Schools

Elementary Schools Camino Real

Middle Schools Armando Chapa

High Schools Lehman

School District Hays Cisd

Others

Restrictions City Restrictions

Acceptable Financing Cash, Conventional, FHA

Tax Rate 13.0

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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Starsky Owen, GRI, RENE

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Listed by Varela Properties
Bought with Land Unlimited
agent-avatar

+1(512) 748-6097

starsky@starskyowen.com

2013 Shadow Brook Cir., Rock, TX, 78681, United States

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