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Interstate 35 & FM 150 - Shovel-Ready Mixed-Use Development 15 - 30.6 Acre Commercial Land Lots in Kyle, TX 78640
Investment Highlights
- Shovel Ready Mixed Use Retail Multi Family Office Hotel Townhomes
- Dynamic Austin Location within Austin-San Antonio IH35 Corridor
- $14.8 M City Incentives
Executive Summary
Offering Memorandum Click Here to Access
Data Room Click Here to Access
Property Facts
2 Lots Available
Lot Parcel 1
| Lot Size | 15.00 AC |
| Lot Size | 15.00 AC |
14.6 acres at Interstate 35 with highway visibility and access, zoned and permitted for mixed-use commercial, including 197,533 square feet of retail and 65,159 square feet of office, townhomes, and hotel developments.
Lot Parcel 2
| Lot Size | 30.60 AC |
| Lot Size | 30.60 AC |
30.6 acres on FM 150 zoned and permitted for up to 350 multifamily units and a retail pad.
Description
Two Step District is a shovel-ready 45.2-acre mixed-use development site available for purchase in the heart of Kyle, Texas, listed as the 11th fastest-growing cities in the nation. Strategically located along the I-35 Frontage Road, the site offers exceptional visibility, access, and a unique opportunity to deliver a dynamic, community-driven destination. The property is zoned and planned for a vibrant mix of uses. The 14.6 acres fronting I-35 are ideally suited for restaurants, retail, townhomes, and flats—anchored by an outdoor amphitheater. The remaining 30.6 acres are designed to accommodate high-end multifamily housing, additional retail, a beer garden, rooftop pickleball courts, and a large pond with surrounding amenities. This is a rare opportunity to acquire a development-ready site with completed zoning and incentive agreements in place. The current ownership has submitted the site plan and plat for approval, with approvals anticipated in April. Preleasing efforts have already generated significant tenant interest, and lease negotiations are underway. Buyers can step in and capitalize on the momentum with the ability to break ground this quarter
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Dairy Queen | - | - | 7 min walk |
| Garcia's Mexican Restaurant | - | - | 8 min walk |
| Papa John's | - | - | 8 min walk |
| Starbucks | Cafe | $ | 8 min walk |
| Mr Gatti's Pizza | - | - | 11 min walk |
| Texas Pie Co | American | $ | 13 min walk |
| Milt's Pit BBQ | Barbecue | $ | 13 min walk |
| Hayes City Donuts | Donuts | $ | 14 min walk |
Retail |
||
|---|---|---|
| 7-eleven | Convenience Market | 3 min walk |
| CVS Pharmacy | Drug Store | 10 min walk |
Hotels |
|
|---|---|
| Hampton by Hilton |
82 rooms
5 min drive
|
| Extended Stay America Premier Suites |
124 rooms
7 min drive
|
| Hilton Garden Inn |
107 rooms
11 min drive
|
| Wingate by Wyndham |
106 rooms
16 min drive
|
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $7,622,500 CAD | Total Assessment | $7,622,500 CAD |
Property Taxes
About the Seller
Sale Advisor
Sale Advisor
Tawney Stedman, Broker-Agent
In addition to her career in Commercial Real Estate Tawney is an active participant in Stedwest Investments LLC, a family owned single-family and commercial property investment firm.
Tawney holds a BA in Marketing and Visual Arts from the University of North Texas and has completed CCIM 101 and 103 kicking off her road to designation. She enjoys painting, hiking, boating, tennis and spending quality time with her husband and three daughters.
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Interstate 35 & FM 150 - Shovel-Ready Mixed-Use Development
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