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Days15Days on Market
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$2,400,000

207 Elmhurst, Kyle, TX, 78640

On MarketInfo
CommercialInfo
Baths0 Bath
Baths7,000 Sq Ft
price_per_sqft$342.86 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Exterior FeaturesSprinkler Irrigation
Lot Size35,719 sqft

Building Information

Year Built2007
Roof Type105

Land Information

APNR123391
Lot Number4
Subdivision800 Goforth Square
Land UseCommercial
Legal Description800 GOFORTH SQUARE, LOT 4, ACRES 0.82 TAX CODES:PCC,RSP,SHA,WEU,WPC,ACCD,EHA
Census Tract010924
Assessed Land Value$312,180
Assessed Improvement Value$1,229,329
Assessment Year2025

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.

Investor Tools

$0Estimated Mortgage Balance
$1,137,324Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,400 /month
Positive
Cash Flow Estimate:
$4,800 /month

Interested in this property?

Destini Evans

MAG Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,376
$1,137,324
2025
$312,180
$1,229,329
$1,541,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,376
$1,137,324

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,137,324
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kyle

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