Active Listing  ·  89 days on market

118 Basket Flower Loop

Kyle, TX 78640
$494,900
3 Bed 2 Bath 2,026 sqft $244/sqft Built 2026 0.16 acres 2-Car Garage Pool 6 Creeks
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About This Home

Entry leads to open family room with wall of windows. Kitchen features 5-burner gas cooktop, corner walk-in pantry and generous island with built-in seating space. Dining area set just across from kitchen. Primary suite includes bedroom with wall of windows. Double doors lead to primary bath with dual vanities, freestanding tub, separate glass-enclosed shower and walk-in closet. Home office with French doors set at back entrance. Secondary bedrooms feature walk-in closets. Extended covered backyard patio. Two-car garage.

At $244/sqft, this home is priced 35% above the Kyle active market average of $181/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

118 Basket Flower Loop, Kyle, TX 78640

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Property Details

Price $494,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,026 sqft
Lot Size 0.16 acres (7,026.23 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision 6 Creeks
County Hays
Zip Code 78640
$/sqft $244/sqft
Days on Market ,
HOA $800/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237634915
List Date June 25, 2026
Elementary School Jim Cullen
Middle School R C Barton
High School Jack C Hays
School District ,

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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 · June 25, 2026 $560,900
Previous ask $499,900
Current ask $494,900
▼ Reduced $66,000 (-11.8%) 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
329 Muddy Creek Way
6 Creeks $499,000 $199 4 bd / 3 ba 2,504 sqft , 2025-08-25
161 High Rock Pass
6 Creeks at Waterridge $499,500 $251 3 bd / 3 ba 1,990 sqft , 2026-04-24
509 Treadwell Ln
Sage Hollow $489,999 $195 4 bd / 4 ba 2,512 sqft , 2026-04-24
150 High Rock Pass
6 Creeks at Waterridge $489,990 $196 4 bd / 3 ba 2,506 sqft , 2026-03-30
253 Prickly Poppy Loop
6 Creeks $489,990 $182 4 bd / 4 ba 2,691 sqft , 2026-09-03

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
$2,376/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
$98,980
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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

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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 September 16, 2026.

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