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Capella Commercial

Capella Commercial
Property Details
- Property Type VacantLand
- Property Size 1,960,200 SF
- Lot Size 45 Acre
- Date Updated May 27, 2025
Two Step District is a shovel-ready 45.2-acre mixed-use development site available for purchase in the heart of Kyle, Texas—one of the fastest-growing cities in the state. 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.
TRAFFIC COUNTS
Interstate 35: 122,125 VPD
FM-150 / Center St.: 21,967 VPD
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Kyle, TX
- Zip Code 78640
- Market Austin
Points of Interest
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Conoco
0.03 miles
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Poco Loco
0.27 miles
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Shell
0.68 miles
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Exxon
0.93 miles
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Valero
1.05 miles
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Walmart
1.08 miles
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Tesla Supercharger
1.11 miles
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H-E-B Fuel
1.20 miles
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Chevron
1.48 miles
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Reveal at Onion Creek
9.82 miles
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Kyle Emergency Communications Employee Parking
0.78 miles
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Kyle Emergency Communications Public Parking
0.79 miles
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Parking - US Post Office
0.96 miles
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Mill Street (P12)
7.80 miles
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Bobcat Village (BV)
7.86 miles
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Pay-by-App Bobcat Village Fields
7.94 miles
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Bobcat Stadium East (P10E)
8.06 miles
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Endzone Complex (R39)
8.21 miles
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Bobcat Stadium West (P10W)
8.28 miles
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Churcjh Parking Lot
8.34 miles
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Comfort Suites
0.90 miles
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Hampton by Hilton
0.92 miles
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La Quinta Inn & Suites
2.81 miles
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New Tracks Ranch log cabin
2.82 miles
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Quality Inn & Suites
3.08 miles
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Microtel Inn & Suites
6.47 miles
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Fairfield Inn & Suites
6.54 miles
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Hampton Inn & Suites
6.57 miles
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Studio 6 San Marcos
6.68 miles
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Hilton Garden Inn
6.86 miles
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Poco Loco Supermercado
0.25 miles
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Target
0.97 miles
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Ross
0.99 miles
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Kohl's
1.00 miles
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Walmart Supercenter
1.02 miles
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H-E-B plus!
1.36 miles
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H-E-B
6.85 miles
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Golden Needle
9.14 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.