About This Home

Assemblage & Plottage Advantage: Combining contiguous Lots 1 & 2 doubles linear frontage along Blanco Street, eliminating standard setback inefficiencies and maximizing development footprint/yield.

Downtown Master Plan Flexibility: Situated within Kyle's original town grid, opening paths for high-density residential infill, boutique commercial/office space, or mixed-use live-work units under core district overlays.

Prime Logistics & Connectivity: Located just 0.8 miles (3-minute drive) off IH-35 via Center Street, blocks from Mary Kyle Hartson City Square Park and Kyle City Hall.

Location

304 Blanco St, Kyle, TX 78640

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $1,000,000

Status Active Listing

Beds ,

Full Baths ,

Half Baths ,

Living Area ,

Lot Size 0.13 acres (5,797.84 sqft)

Year Built ,

Garage ,

Stories ,

Type Land · Multiple Lots (Adjacent)

Subdivision Original Town Of Kyle

County Hays

Zip Code 78640

$/sqft ,

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $2,813.67

Pool ,

Waterfront ,

New Construction ,

MLS # ACT250460520

List Date October 21, 2026

Elementary School Kyle

Middle School Laura B Wallace

High School Lehman

School District HaysCONSISD

School District

HaysCONSISD

Kyle · Laura B Wallace · Lehman

Have Questions About This Property?

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.

Schedule a Call →

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

$4,800/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

$200,000

20% conventional investment loan

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

Estimated Gross Rent+$4,800

Principal + Interest−$5,457

Property Tax (assumed ~2.1%)−$1,750

Insurance (assumed ~0.5%)−$417

Est. Monthly Cash Flow $-2,824

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 →

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 41 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. The written content was last updated on October 21, 2026.

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

304 Blanco St

Location

Property Details

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

304 Blanco St

Location

Property Details

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

Explore Austin Real Estate

Save this home

Welcome back