Active Listing  ·  23 days on market

403 S Burleson St

Kyle, TX 78640
$1,000,000
0.18 acres Original Town Of Kyle

Positioned along S Burleson St in the heart of Kyle, Texas, this combined property offers a rare 15,246 sq ft footprint across two contiguous parcels (403 and 405 S Burleson St). The unified lots provide extended street frontage and depth, making it ideal for a custom residential homestead, multi-family setup, or live-work commercial venture aligned with downtown Kyle’s growth framework. Walking distance to downtown amenities, parks, and local dining, with direct access to Interstate 35 and the Austin-San Antonio growth corridor.

Parcel A (403 S Burleson) - Block 20, Lot 2B - 0.18 Acres - 7,840 sq ft

Parcel B (405 S Burleson) - Block 20, Lot 2C - 0.17 Acres - 7,405 sq ft

Total : 0.35 Acres

15,246 sq ft

Location

403 S Burleson St, Kyle, TX 78640

Property Details

Price $1,000,000
Status Active Listing
Beds ,
Full Baths ,
Half Baths ,
Living Area ,
Lot Size 0.18 acres (7,840.8 sqft)
Year Built ,
Garage ,
Stories ,
Type Land · See Remarks
Subdivision Original Town Of Kyle
County Hays
Zip Code 78640
$/sqft ,
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $1,026.97
Pool ,
Waterfront ,
New Construction ,
MLS # ACT250368813
List Date October 20, 2026
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Kyle · Laura B Wallace · Jack C Hays

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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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 →

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 · 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 →

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