NOT LISTED FOR SALE

261 Graef Rd Kyle, TX 78640

Estimated Value: $711,000

5 Acres
$142,200 Price per Acre
217,800 Sq Ft Lot

Last Sold April 15, 2024

Current estimated payment $4,837/month

65 Days on Market

Highlights

  • Horses Allowed On Property
  • 5 Acre Lot
  • Park
  • Moe and Gene Johnson High School Rated A-
  • View of Hills
  • Open Lot

About This Lot

As of April 2024

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.

Last Agent to Sell the Property

Josefina Lopez

Vistas Real Estate Brokerage Phone: (210) 501-5435 License #0606635 Listed on: 12/11/2023

Last Buyer's Agent

Kaylee Crain

Land Unlimited License #0700093

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,468

Lot Details

  • 5 Acre Lot
  • Open Lot
  • Cleared Lot
  • Few Trees
  • Property is in good condition

Parking

  • 1 Car Garage

Schools

  • Camino Real Elementary School
  • Armando Chapa Middle School
  • Lehman High School

Utilities

  • Above Ground Utilities
  • Sewer Not Available

Additional Features

  • Views of Hills
  • Residence on Property
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1100090000003002

Community Details

Recreation

  • Park
  • Outbuilding

Additional Features

  • Abigail Meadows Subdivision
  • Office

Property Details

Property Type

Land

Est. Annual Taxes

$14,468

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Additional Parcels: No
  • Directions: Head south on I-35 and take exit to Buda and turn left on overpass Rd. Continue all the way straight and head straight on Graef rd. 261 will be on the left hand side.
  • Disclosures: None
  • Other Structures: Outbuilding, Residence
  • Special Listing Conditions: Standard
  • Attribution Contact: (210) 501-5435
  • Attribution Contact: (210) 501-5435
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 14468.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 3.21
  • "Current Price By Original ": 0.93
  • List Price Lot Size Square: 3.44
  • List Price By Original Lis: 1.00
  • Restrictions: City Restrictions
  • Tax Exemptions: None
  • Mineral: None
  • Special Features: VirtualTour

Interior Features

  • View: Hill Country
  • Property Condition: Good

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Num Sheds: 1

Garage/Parking

  • Garage Condition: Good
  • Numof Garages: 1

Utilities

  • Sewer: None
  • Utilities: Above Ground
  • Water Source: Public

Association/Amenities

  • Community Features: Creative Office Space, Park

Schools

  • Elementary School: Camino Real
  • High School: Lehman
  • Middle/Junior School: Armando Chapa
  • Junior High Dist: Hays CISD

Lot Info

  • Lot Features: Cleared, Few Trees, Open Lot
  • Parcel Number: 1100090000003002
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Subdivision Name: Abigail Meadows
  • Shed Condition: Good

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14467.89
  • Tax Rate: 13.00000000000000

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold -- -- --
12/11/2023 12/11/23 For Sale $750,000 -35.0% --
06/15/2016 06/15/16 Sold -- -- -- View Prior Sale
04/09/2016 04/09/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $1,153,320 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,347 $682,080 $636,910 $45,170
2024 $13,347 $747,270 $702,100 $45,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4127102

Unlock MLS (Austin Board of REALTORS®)

APN: R154985