Active Listing  ·  154 days on market

116 Pendleton Dr

Kyle, TX 78640
$386,990
4 Bed 3 Bath 2,233 sqft $173/sqft Built 2026 0.18 acres 2-Car Garage Pool Opal Meadows

Brand new, energy-efficient home available by Aug 2026! Enjoy this open-concept single-story floorplan with four sizeable bedrooms. Slate cabinets with marble-look white quartz countertops, cool brown laminate flooring, and multi-tone taupe carpet in our Finesse package. Now selling in Kyle, TX, Opal Meadows features beautiful single-family homes on oversized lots. Each home includes extra garage storage, covered patios with sliding doors, and much more. Every two-story plan has two bedrooms downstairs, perfect for guests or extended family. Residents can look forward to spending time outside at the community playground and walking trails. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $173/sqft, this home is 4% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

116 Pendleton Dr, Kyle, TX 78640

Property Details

Price $386,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,233 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Opal Meadows
County Hays
Zip Code 78640
$/sqft $173/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230755855
List Date May 22, 2026
Elementary School Hemphill
Middle School Laura B Wallace
High School Jack C Hays
School District ,

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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 22, 2026 $384,990
Current ask $386,990
▲ Increased $2,000 (+0.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
260 Mustang Bnd
Opal Ranch
$384,990 $152 4 bd / 3 ba 2,540 sqft , 2026-06-17
541 Yellowstone Dr
Paramount
$391,290 $172 4 bd / 3 ba 2,280 sqft , 2025-12-09
270 Mustang Bnd
Opal Ranch
$379,990 $141 5 bd / 3 ba 2,700 sqft , 2026-05-06
181 Morgan Meadow Dr
Opal Ranch
$394,990 $146 5 bd / 3 ba 2,700 sqft , 2026-08-17
208 Garner Dr
Paramount
$399,000 $157 5 bd / 4 ba 2,538 sqft , 2026-03-20

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
$1,858/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
$77,398
20% conventional investment loan

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

Estimated Gross Rent+$1,858
Principal + Interest−$2,112
Property Tax (~2.1% TX avg)−$677
Insurance (~0.5%)−$161
Est. Monthly Cash Flow $-1,092

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

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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 · 30 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. This page was last updated on October 9, 2026.

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