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1.00 acre commercial development opportunity on the north side of FM 150. This site boasts unparalleled visibility and high traffic counts, benefiting from direct, convenient access from the north side of FM 150 and just over one mile east of IH-35. With FM 150 registering 15,270 vehicles per day (TxDOT 2023), this property is poised to attract both local neighborhood customers and IH-35 commuters.
Zoned RS-, the flexibility of this zoning permits a wide range of uses, including retail, office, and medical facilities. All essential utilities are already to the site.
Located in Kyle, Texas, the 5th fastest-growing city in the state, this property offers an outstanding investment in a rapidly expanding market.
Property Type
Commercial Sale
Year Built
2025
Lot Size
1.01 acres
Listed by Keller Williams Realty
Verified property facts
1371 E Fm 150 Rd is listed at $650,000 with 0 bedrooms, 1.01-acre lot. This places it above the 78640 median of $425,000.
1371 E Fm 150 Rd is in The Hills, Austin, Texas. See the full [The Hills neighborhood guide](/neighborhoods/the-hills-lakeway-austin) for market data, schools, and lifestyle details.
1371 E Fm 150 Rd is a Commercial Sale built in 2025 featuring 0 bedrooms, 1.01-acre lot.
1371 E Fm 150 Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1371 E Fm 150 Rd is $5,895. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Parking
Listing timeline with current price, original ask, and market time.
20% ($130K)
$650,000
Luxury property intelligence
A sourced read on The Hills pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. The Hills median
+15.4%
$563.5K median
Days on market
352 days
Original to current
No verified reduction
$650K original
Active inventory context
10 listings
Price Position in The Hills
Listed 15% above the The Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($130,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1371 E Fm 150 Rd is around $3,864 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $650,000, 1371 E Fm 150 Rd is in the The Hills market where there are currently 528 active listings in 78640. The Keenan Group has completed 6 transactions in 78640 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [The Hills guide](/neighborhoods/the-hills-lakeway-austin).
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
The Hills is one of Austin's established neighborhoods in the 78640 area. The Keenan Group has specialized in The Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Neighborhood guide and local insights
The Hills of Lakeway is one of the few neighborhoods in the Austin metro where you can play thirty-six holes of golf, hit a tennis ball at a world-class facility, and drop your kids at a top-rated Lake Travis ISD school - all without leaving the community gates. The World of Tennis, originally built as a professional training facility, gives this neighborhood an athletic campus that no other gated community in the area can claim. The Hills sits in the heart of Lakeway, west of Austin along Highway 71, with main entrance off 71. Downtown takes about thirty minutes via 71 to MoPac. The Bee Cave commercial corridor and Hill Country Galleria are ten minutes east. SP Brazilian is a neighborhood favorite for special occasions. The Grove handles American bistro fare. Canyon Grille, inside the Hills, serves as the community's own dining room. Cafe Blue and Steiner Ranch Steakhouse are short drives away. Housing ranges from garden homes in compact sections to full-scale estates on upper ridgelines. Texas Hill Country style dominates with native limestone and covered outdoor living. Mediterranean homes fill sections from the late 1990s and 2000s. Transitional Contemporary builds blend modern lines with traditional materials. Prices start in the mid-$500s for patio homes, making this one of the more accessible gated communities in Lakeway. The mid-range runs $800,000 to $1.5 million, and upper-tier homes with golf course or canyon views push past $2.5 million. Lakeway Elementary is the primary feeder and benefits from an engaged parent community. Students move to Hudson Bend Middle School and Lake Travis High School, which has won multiple state football championships but builds its real strength in broad extracurricular offerings and college preparation. Lake Travis ISD has invested heavily in facilities and technology, and growth has been managed better than many fast-expanding suburban districts. Daily life runs on the golf schedule and school calendar. Two eighteen-hole courses fill tee times early on weekends. The World of Tennis is the crown jewel, with indoor and outdoor courts and professional instruction. Fitness center, pools, and clubhouse dining round out amenities. Beyond the gates, Hamilton Greenbelt and Canyonlands Nature Preserve provide hiking through juniper woodland with canyon overlooks. Golf carts are common transportation between the clubhouse, tennis facility, and pools. The Hills competes with Spanish Oaks, Rough Hollow, and Flintrock at Hurst Creek. Spanish Oaks is more exclusive and expensive. Rough Hollow offers lake proximity and a marina but lacks golf and tennis infrastructure. Flintrock has a Jack Nicklaus course but a more compact footprint. The Hills differentiates through amenity breadth and price range: a young family can enter in the $500s and an empty nester can find a million-dollar golf course home in the same community. The Hills is for buyers who want a full-amenity gated community with strong schools and a thirty-minute commute. It fits families who want kids growing up with golf, tennis, and swimming as daily life, and retirees who want thirty-six holes without leaving the neighborhood.
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