Active Listing  ·  17 days on market

111 Grand Canyon Way

Kyle, TX 78640
$549,990
5 Bed 4 Bath 3,092 sqft $178/sqft Built 2026 0.18 acres 3-Car Garage Pool New Construction Anthem Ph 3

Welcome to the stunning Newmark Homes Umbria floorplan! This beautifully designed two-story home features 5 bedrooms, 4 full bathrooms, and a spacious 3-car garage. Step inside to discover gorgeous designer upgrades, luxury vinyl plank flooring, a private study, and an elegant formal dining room. The open-concept living area creates a seamless flow between the kitchen, dining, and family room, making it perfect for both everyday living and entertaining. The primary suite offers a relaxing retreat with a beautifully appointed bath featuring a drop-in tub and plenty of space to unwind. Upstairs, a spacious game room provides an additional living area perfect for entertaining or relaxing. Step

outside to the covered patio and enjoy even more space for gathering with family and friends. With its spacious layout, versatile living areas, and stunning finishes throughout, the Umbria is a beautiful place to call home!

At $178/sqft, this home is priced in line with the Kyle market average of $181/sqft across 539 active listings. View Austin market report →

Location

111 Grand Canyon Way, Kyle, TX 78640

Property Details

Price $549,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,092 sqft
Lot Size 0.18 acres (7,884.36 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Ph 3
County Hays
Zip Code 78640
$/sqft $178/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT248285355
List Date October 26, 2026
Elementary School Jim Cullen
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Jim Cullen · R C Barton · Jack C Hays

Luke Allen (TREC #788149) has deep knowledge of Kyle and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Kyle

Comparable Listings Right Now

Homes currently for sale in Kyle with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
222 Primrose Dr
Meadow Woods Resubd 1 & 2
$569,000 $229 4 bd / 3 ba 2,481 sqft , 2026-06-19
193 Christian Springs Dr
Anthem
$519,990 $173 4 bd / 5 ba 2,999 sqft , 2026-04-15
194 Christian Springs Dr
Anthem
$594,990 $187 4 bd / 4 ba 3,176 sqft , 2026-04-15
154 Christian Springs Dr
Anthem
$595,990 $188 4 bd / 4 ba 3,176 sqft , 2026-04-15
152 Grand Canyon Way
Anthem Ph 3
$499,990 $191 5 bd / 3 ba 2,622 sqft , 2026-08-07

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,640/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$109,998
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (assumed ~2.1%)−$962
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,553

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Kyle, TX

Kyle sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Hays County job center 5-10 min
Tesla Gigafactory 30 min N
Downtown Austin 35 min N

More Luxury Homes in Kyle

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 6, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

Save this home