
000 Lehman Rd / CR 204 – 5 Acres – UMU Future Land Use – City of Kyle Prime 5-acre tract in one of Kyle’s fastest-growing mixed-use corridors. Currently zoned AG, but the City of Kyle has confirmed Urban Mixed-Use (UMU) on the Future Land Use Map and indicated support for commercial, mixed-use, or higher-density residential rezoning. Located along CR 204 / Lehman Rd with excellent access to I-35, nearby utilities, and within the I-35 Overlay District for enhanced design standards. City water/sewer are in proximity (buyer to verify capacity). Property is level and surveyed (5.00 acres per Hays CAD & 2021 survey). The tract lies in FEMA Flood Zone AE, well-suited for developers planning engineered drainage, open space integration, or phased fill for townhome, multifamily, or live/work concepts. UMU-designated land trades well above standard ag tracts, making this a rare development-path opportunity with city support, strong frontage, and rapid area growth. Ideal for mixed residential, neighborhood commercial, flex, or long-term hold.
Key Features: • 5.00 Acres (Hays CAD & 2021 Survey) • Future Land Use: UMU • Current Zoning: AG • City supports mixed-use/commercial rezoning • Water/sewer nearby; utilities in area • Inside I-35 Overlay District • Flood Zone AE • Strong CR 204 / Lehman Rd frontage • Quick access to I-35, Loop 4, retail & schools • No HOA; low holding costs (2025 assessed value ~$111,216)
Property Type
Land
Lot Size
5.00 acres
Listed by Spyglass Realty
Verified property facts
000 Lehman/CR 204 is listed at $825,000 with 0 bedrooms, 5.00-acre lot. This places it above the ZIP 78640 single-family closed-sale median price of $445,000 (ZIP 78640 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
000 Lehman/CR 204 is zoned for HaysCONSISD with assigned schools: Kyle (6/10) (elementary), Laura B Wallace (6/10) (middle), Lehman (6/10) (high). School assignments should be verified directly with the district.
000 Lehman/CR 204 is listed by Spyglass Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 000 Lehman/CR 204. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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Property Details
Lot Features
1 record on file
Every recorded listing, sale, and lease at 000 Lehman/CR 204, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
HaysCONSISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($165K)
Adjustable assumption - not a lending recommendation.
$825,000
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List price
$825,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
285 days
Original to current
$170K reduction
$995K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 5, 2026, 000 Lehman/CR 204 is offered at $825,000. The current MLS snapshot shows 598 active listings in 78640. Keenan Group has completed 6 verified transactions in 78640 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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