Active Listing  ·  173 days on market

124 Greenbelt Reservoir Pass

Kyle, TX 78640
$284,000
3 Bed 3 Bath 1,701 sqft $167/sqft Built 2023 0.16 acres 2-Car Garage Pool Talavera Ph 1

Seller is offering $10,000 towards buyer closing costs! Experience the best of Kyle living in this inviting 3-bedroom, 2-bath home that blends modern comfort with everyday practicality. Curb appeal starts at the covered porch and stone walkway, leading to a smart corner-lot design with nearby green space and a utility easement that adds openness—never crowding. Inside, an open-concept kitchen and living area bathe in natural light from oversized windows, creating a bright, welcoming space for entertaining and everyday moments. The primary suite is a true retreat, featuring a double vanity, a spa-like walk-in shower, and a spacious walk-in closet. Step outside to a large private yard perfect for gatherings, play, or quiet relaxation, with Talavera Park just a short stroll away. The finished-out garage offers versatility with drywall, fresh paint, canned lighting, and extra storage or workspace. Practical details include a utility room equipped with an outlet to support either an electric or gas dryer, giving you flexibility from day one. This home combines comfort, style, and convenience in a prime Kyle location—schedule a private showing today and discover your next chapter.

At $167/sqft, this home is 10% below the Kyle active market average of $186/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

124 Greenbelt Reservoir Pass, Kyle, TX 78640

Property Details

Price $284,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,701 sqft
Lot Size 0.16 acres (6,821.5 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Talavera Ph 1
County Hays
Zip Code 78640
$/sqft $167/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $7,621.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218005076
List Date February 12, 2026
Elementary School Susie Fuentes
Middle School Armando Chapa
High School Lehman
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 · February 12, 2026 $314,150
Previous ask $286,000
Current ask $284,000
Reduced $30,150 (-9.6%) 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
203 Balmorehea St
TALAVERA
$284,500 $220 3 bd / 2 ba 1,291 sqft , 2026-06-03
450 Mountain Pea Rd
SOUTHGROVE
$284,960 $191 3 bd / 2 ba 1,489 sqft , 2026-07-17
257 Fossil Dr
Limestone Creek Sub Ph 1
$283,000 $167 4 bd / 2 ba 1,690 sqft , 2026-07-04
370 Holly Grove St
Waterleaf Ph A Sec 1
$285,000 $150 3 bd / 3 ba 1,900 sqft , 2026-02-07
531 Goldenrod St
Prairie On Creek Sec 3b
$285,000 $152 4 bd / 2 ba 1,870 sqft , 2026-06-25

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
$1,363/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
$56,800
20% conventional investment loan

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

Estimated Gross Rent+$1,363
Principal + Interest−$1,550
Property Tax (~2.1% TX avg)−$497
Insurance (~0.5%)−$118
Est. Monthly Cash Flow $-802

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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