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$979,000

401 Graef Rd, Kyle, TX, 78640

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,176 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$449.91 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringSee Remarks

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Entrance
Lot Size1 acre

Building Information

Year Built2016
Stories1

Land Information

APNR16661
SubdivisionNeill Mclean Survey
Land UseResidential
Legal DescriptionA0325 NEILL MCLEAN SURVEY, SERIAL 125000HA004704A, LABEL # NTA1711099, ACRES 1, MODEL 04-CHG-CH3268B TAX CODES:RSP,SHA,WPC,E
Census Tract010920
Assessed Land Value$51,890
Assessed Improvement Value$167,940
Assessment Year2025

About this property

This is not just land. This is a legacy. 10.33 acres of Hays County earth sitting at the crossroads of everything Texas is becoming — and everything it has always been. Cattle have grazed here. Bees work this land today. A pond reflects the sky on one side, and a 2016 manufactured home anchors the front acre with four bedrooms, two baths, and a move-in ready foundation for whatever comes next. This is the kind of property that doesn't come back once it's gone. Three distinct parcels. One address. Infinite potential. Keep it as a unified estate. Live on the front acre while you plan the rest. Or bring your vision and build something extraordinary — custom builders and dream-home buyers are already planting roots all over this corridor, and ten unrestricted acres with water, privacy, and road frontage is exactly the canvas they are looking for. The land doesn't care what you do with it — it wins either way. Kyle is exploding. Hays County is one of the fastest growing counties in the United States. And right here off Graef Road in Niederwald, you have ten acres with an active agricultural exemption keeping your taxes bottom dollar while the world builds up around you. Pond. Acreage. Home. History. Location. Buy the acre. Buy the pond tract. Buy the back acreage with bees. Or buy all of it and never look back. Individual parcels available separately — but together? Together this is something special. Seller believes property may be suitable for a variety of uses — buyer to independently verify zoning, restrictions, and permitted uses with Hays County and City of Niederwald prior to purchase. Agricultural exemption active; buyer to re-qualify with Hays County Appraisal District. Seller retains all mineral rights; minerals do not convey.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$100,223Estimated Mortgage Balance
$208,553Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,874 /month
Positive
Cash Flow Estimate:
$1,958 /month

Interested in this property?

Adelina Rotar

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,436
$154,331
2025
$51,890
$167,940
$219,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,436
$154,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$100,223
Yes
First
Jan 11, 2017
Feb 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,447
$257,553
76%
28%
$601/mo

Learn About the Market: Opportunity in Texas

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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.

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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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