5581 Kyle Center Dr, Kyle, TX 78640 – Commercial Improved Land

CommercialYear Built 2020Total Assessed Value $10,482,138County Hays

Property Details

The Commercial property 5581 Kyle Center Dr, Kyle, TX 78640 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $10,482,138.

The gross building area is 31,284 square feet and the land area is 75,969 square feet for this Commercial Improved Land built in 2020.

Legal description: Kyle Marketplace Sec 2, Block E, Lot 3A, Acres 1.744

$10,482,138

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area31,284

Land Size75,969

Land Value$1,777,780

Improved Value$8,704,358

Total Assessed Value$10,482,138

Year Built2020

County NameHays

Account NumberR164589

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

1/1/1999

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

1/1/1999

Transaction Details

acquired the property from through a Other transaction on 1/1/1999 for .

7/16/1990

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

7/16/1990

Transaction Details

acquired the property from through a Other transaction on 7/16/1990 for .

1/1/1982

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

1/1/1982

Transaction Details

acquired the property from through a Other transaction on 1/1/1982 for .

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

5/26/2021

Arms length residential transactions purchase or resales$11,291,500

Borrower

Flagship Development Llc

Lender

First United Bank & Trust Co

Book Number

2021.28140

Recording Date

5/26/2021

Transaction Details

Flagship Development Llc borrowed the property from First United Bank & Trust Co through a Arms length residential transactions purchase or resales transaction on 5/26/2021 for $11,291,500.

Property constructed in 2020

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,777,780	$8,704,358	$10,482,138	$10,482,138	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-Kyle-Mkt	S4646	75,969	31,284
2025	$1,777,780	$5,794,200	$7,571,980	$7,571,980	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	31,284
2024	$1,777,780	$6,199,670	$7,977,450	$7,977,450	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	31,284
2023	$1,777,780	$5,102,220	$6,880,000	$6,880,000	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	31,284
2022	$1,506,610	$4,793,390	$6,300,000	$6,300,000	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	31,284
2021	$1,506,610	$2,093,390	$3,600,000	$3,600,000	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	31,284
2020	$1,255,660	-	$1,255,660	$1,255,660	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	-
2019	$1,369,650	-	$1,369,650	$1,369,650	Flagship Development...	1728 S Fm 1626, Buda...	Kyle Marketplace Sec...	C-KYLE-MKT	S4646	75,969	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5581 Kyle Center Dr, Kyle, TX 78640	—	-	75,969	2020	31,284	$ 10,482,138	$ 1,777,780	-
Resflo Llc	161 Weldon Johnston Way, Kyle, TX 78640	09/26/2025	$ 700,000	49,658	0	-	$ 124,590	$ 124,590	-
Frost Bank	700 Rebel Dr, Kyle, TX 78640	09/10/2025	$ 484,500	69,260	2019	4,875	$ 976,440	$ 611,700	Danaza Llc
Comerica Bank	17301 Ih 35 Ste101-113, Buda, TX 78610	08/29/2025	$ 340,000	326,526	2016	35,756	$ 2,291,690	$ 861,320	-
Central Texas Sports Portfolio	109 Bunton Creek Ln, Kyle, TX 78640	08/14/2025	$ 4,250,000	598,122	2018	3,250	$ 2,520,000	$ 2,126,400	Pg Austin Complex Llc
Pinnacle Bank	6205 Jack C Hays Trl, Kyle, TX 78640	06/25/2025	$ 3,145,362	76,971	2012	15,386	$ 2,472,406	$ 853,300	Wags Kyle Us Llc
Nfm Inc	Fm 150, Kyle, TX 78640	05/22/2025	$ 367,205	39,901	2022	1,640	$ 476,760	$ 244,220	-
Pioneer Finance Inc	798 High Rd, Kyle, TX 78640	05/22/2025	$ 7,000,000	784,080	2013	13,360	$ 2,408,000	$ 1,300,760	Nabi Llc
Frost Bank	2381 Bebee Rd, Kyle, TX 78640	05/20/2025	$ 665,000	43,560	2008	2,349	$ 781,120	$ 263,290	Eli & Will Holdings Llc
Cap Certified Dev Corporation	3425 S Fm 1626, Kyle, TX 78640	04/08/2025	$ 3,830,000	228,821	2024	35,717	$ 8,911,410	$ 1,810,740	Nitro Swimming South Llc
Sage Capital Bank	340 E Fm 150, Kyle, TX 78640	03/20/2025	$ 1,027,840	179,206	2024	24,456	$ 2,030,540	$ 596,490

Mean$ 16,503,982

Median$ 3,487,681.0

Loan Amount Range$ 340,000 - $ 152,130,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5581 KYLE CENTER DR STE 201, KYLE, TX 78640-2850	KYLE VISION SOURCE	5122687600	OPTOMETRISTS OD
5581 KYLE CENTER DR STE 201, KYLE, TX 78640-2850	VISION SOURCE	5122687600	OPTICIANS

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License Details

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