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Interstate 35 & FM 150
Kyle, TX 78640
Shovel-Ready Mixed-Use Development · Land For Sale · 45.60 AC

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

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Apartment Units
  • Parking Garage
  • Parking Lot
Total Lot Size 45.60 AC

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

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R115975
  • R137372
  • R115973
  • R114182
  • R115974
Land Assessment
$5,565,047
Improvements Assessment
$0
Total Assessment
$5,565,047
  • Listing ID: 40163922

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: Interstate 35 & FM 150, Kyle, TX 78640

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