Active Listing  ·  384 days on market

1503 N Burleson St

Kyle, TX 78640
$310,000
2 Bed 1 Bath 1,232 sqft $252/sqft Built 1980 0.50 acres Pool A0220 - Z Hinton Surv

PRICE REDUCED! ALL REASONABLE OFFERS WILL BE CONSIDERED. GREAT PRICE AND TERMS FOR THIS LOT WITH TONS OF GREAT COMMERCIAL POTENTIAL IN THIS HALF ACRE PROPERTY. OLDER HOUSE IN POOR CONDITION, PROPERTY IS BEING SOLD "AS IS" FOR LAND VALUE, BUT A MAJOR REDO IS ALSO POSSIBLE IF YOU WANT TO GO THAT ROUTE OR SELLER WILL REMOVE HOUSE WITH ACCEPTED OFFER. LET YOUR IMAGINATION GO WILD AND THINK OF DEVELOPMENT IDEAS THAT COULD WORK FOR YOU ON THIS PROPERTY. IT WOULD BE A GREAT OFFICE LOCATION, TOWNHOMES, CONDOS OR A VARIETY OF OTHER SMALL BUSINESSES. THE PROPERTY IS CURRENTLY ZONED AG WHICH ALLOWS FOR THE SFR HOME, SO A ZONING CHANGE WILL BE NEEDED FOR ANY COMMERICAL USE. THERE'S TONS OF COMMERCIAL ACTIVITY NEARBY AND MIXED USE DEVELOPMENTS HAVE BEEN APPROVED AROUND THE PROPERTY. THIS PROPERTY IS JUST A BLOCK FROM THE MARKETPLACE AVE. & BURLESON ST. ROUNDABOUT AND ONE BLOCK FROM THE IH35 ACCESS ROAD. THERE IS SO MUCH OPPORTUNITY FOR YOU TO SET UP YOUR BUSINESS IN THIS LOCATION AND OBTAIN A TON OF VISIBILITY IN THIS HIGH TRAFFIC AREA. THE PROPERTY IS SITUATED ON .50 ACRES, BUT IF YOU NEED MORE LAND, THERE IS AN ADDITIONAL ADJOINING .50 ACRE ALSO FOR SALE (ML# 6596630) FOR A TOTAL OF 1 ACRE. ADJOINING .50 ACRES LISTED ML # 6596630 CONTACT OWNER/AGENT FOR MORE DETAILS. EACH HALF ACRE IS CONNECTED TO SEPTIC, CITY WATER AND ELECTRIC. THERE IS A SEWER LINE AT THE STREET, BUT THE HOUSE IS NOT CURRENTLY CONNECTED TO CITY SEWER, BUT COULD BE. GET CREATIVE AND IMAGINE YOUR BUSINESS IN THIS PROPERTY. DEVELOP THE PROPERTY WITH MANY DIFFERENT POSSIBILITIES THAT YOU CAN DO ON THIS PROPERTY. EITHER .50 OR 1 ACRE. A ZONING CHANGE WILL BE NEEDED FOR YOUR COMMERCIAL USE. CALL OR TEXT OWNER / AGENT TODAY FOR MORE INFORMATION ABOUT THE PROPERTY TODAY. ALL REASONABLE OFFERS WILL BE CONSIDERED.

At $252/sqft, this home is priced 35% above the Kyle active market average of $186/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1503 N Burleson St, Kyle, TX 78640

Property Details

Price $310,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,232 sqft
Lot Size 0.50 acres (21,780 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision A0220 - Z Hinton Surv
County Hays
Zip Code 78640
$/sqft $252/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,053.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT203959881
List Date August 5, 2025
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
School District ,

Luke Allen (TREC #788149) has deep knowledge of Kyle and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Kyle

Comparable Listings Right Now

Homes currently for sale in Kyle with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
627 Scheel Rd
Plum Creek Ph I Sec 2-E
$305,000 $207 3 bd / 3 ba 1,473 sqft , 2026-08-01
321 Zebra Dr Dr
NORTH TRAILS
$279,990 $178 3 bd / 3 ba 1,577 sqft , 2026-08-13
202 Hess Dr
Creekside Village
$275,000 $181 3 bd / 2 ba 1,516 sqft , 2026-06-25
152 Cibolo Creek Dr
Creekside Village Sec 3
$268,000 $162 3 bd / 2 ba 1,653 sqft , 2026-02-16
235 San Felipe Dr
Silverado At Plum Creek Sec 3A
$259,000 $181 3 bd / 2 ba 1,432 sqft , 2026-06-17

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,488/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$62,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,488
Principal + Interest−$1,692
Property Tax (~2.1% TX avg)−$543
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-876

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Kyle, TX

Kyle sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Hays County job center 5-10 min
Tesla Gigafactory 30 min N
Downtown Austin 35 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on May 5, 2026.

📞 (254) 718-2567 [email protected] More about Luke →