Active Listing  ·  17 days on market

119 Grand Canyon Way

Kyle, TX 78640
$419,990
3 Bed 2 Bath 1,604 sqft $262/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Anthem Ph 3

Welcome to the beautiful Newmark Homes Llano floorplan! This thoughtfully designed one-story home features 3 bedrooms, 2 bathrooms, and a 2-car garage with stunning designer upgrades throughout. Luxury vinyl plank flooring flows through the main living areas, creating a stylish and inviting feel. The spacious family room is filled with abundant natural light from beautiful windows and opens seamlessly to the large breakfast area and kitchen. The kitchen features stainless steel appliances and plenty of space for everyday living and entertaining. Retreat to the primary suite, complete with a spacious primary bath featuring a large walk-in shower and generous walk-in closet. Step outside to the covered patio, perfect for relaxing or entertaining family and friends. With its open layout, beautiful finishes, and functional single-story design, the Llano is the perfect place to call home!

At $262/sqft, this home is priced 45% 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

119 Grand Canyon Way, Kyle, TX 78640

Property Details

Price $419,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,604 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Ph 3
County Hays
Zip Code 78640
$/sqft $262/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT248288984
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
162 Grand Canyon Way
Anthem Ph 3
$429,990 $223 3 bd / 2 ba 1,926 sqft , 2026-08-07
211 Resurrection Dr
Anthem
$389,990 $205 3 bd / 2 ba 1,904 sqft , 2026-08-07
175 Patagonia None
Plum Creek Ph 2 Sec 2
$360,000 $187 4 bd / 2 ba 1,928 sqft , 2026-09-04
242 Reveille Dr
Anthem Cottages Condo
$355,000 $240 3 bd / 2 ba 1,482 sqft , 2026-08-27
128 Jarred Bryant Ave
Anthem
$354,990 $170 4 bd / 3 ba 2,090 sqft , 2026-10-20

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
$2,016/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
$83,998
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (assumed ~2.1%)−$735
Insurance (assumed ~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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