Active Under Contract Commercial MLS# ACT9504732

207 Elmhurst Dr

Kyle, TX 78640

$2,400,000

About 207 Elmhurst Dr

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.

Property details

Property

Type
Business
MLS type
Commercial Sale
Status
Active Under Contract
Year built
2007
Stories
1
Lot
0.82 AC / 35,719 SF
Original price
$2,400,000
MLS #
9504732

Interior

Flooring
Concrete
Heating
Central
Cooling
Central Air

Exterior & lot

Foundation
Slab
Parking
Additional Parking

Utilities

Utilities
Electricity Connected, High Speed Internet, Phone Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Water
Public
Sewer
Public Sewer
Security
Fire Alarm, Prewired, Security System Owned

Financial

Annual tax
$27,827
Tax year
2025
Parcel
1131210000004002
Legal
800 GOFORTH SQUARE, LOT 4, ACRES 0.82
Special conditions
Standard

Location

Subdivision
800 Goforth Square
County
Hays
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

Location

Neighborhood
800 Goforth Square

Ask about this property

Questions on 207 Elmhurst Dr, or want to see it in person?

Listed by Destini Evans, MAG Real Estate LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.