Active Listing  ·  49 days on market

117 Shenandoah Dr

Kyle, TX 78640
$315,000
3 Bed 3 Bath 2,179 sqft $145/sqft Built 2022 0.11 acres 2-Car Garage Pool Paramount Sec Two

This beautifully maintained home offers the perfect combination of comfort, functionality, and location in one of Kyle’s

most desirable growing areas. Filled with natural light and thoughtfully designed living spaces, the home has an

inviting feel from the moment you walk in. The open layout creates an easy flow between the kitchen and main living

area, making it ideal for both everyday living and entertaining guests. Spacious bedrooms provide comfort and

flexibility, while the backyard offers a great space to relax, host gatherings, or simply enjoy the outdoors. Conveniently

located near shopping, dining, schools, and major commuter routes into Austin, this home delivers the balance of

peaceful suburban living with everyday convenience. Whether you are a first time buyer, growing family, or simply

looking for a place that feels like home, this property is one you will not want to miss.

At $145/sqft, this home is 20% 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

117 Shenandoah Dr, Kyle, TX 78640

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,179 sqft
Lot Size 0.11 acres (4,787.24 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paramount Sec Two
County Hays
Zip Code 78640
$/sqft $145/sqft
Days on Market ,
HOA $84/Monthly
Annual Tax Est. $8,170.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245386091
List Date September 4, 2026
Elementary School Kyle
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 · September 4, 2026 $325,000
Current ask $315,000
▼ Reduced $10,000 (-3.1%) 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
251 Mustang Bnd
Opal Ranch
$314,990 $198 3 bd / 2 ba 1,590 sqft , 2026-09-11
150 Fossil Dr
Waterstone Crossing
$316,990 $215 3 bd / 2 ba 1,477 sqft , 2026-08-14
309 Witchhazel Way
Blanco Vista
$317,900 $214 3 bd / 2 ba 1,487 sqft , 2026-08-14
345 Denali Dr
Paramount Sec Three
$319,900 $198 3 bd / 2 ba 1,613 sqft , 2026-10-21
104 Ladolia Ln
Blanco Vista
$310,000 $170 3 bd / 2 ba 1,821 sqft , 2026-08-24

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 15, 2026.

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