Active Listing  ·  84 days on market

124 Zion Dr

Kyle, TX 78640
$340,000
3 Bed 3 Bath 1,903 sqft $179/sqft Built 2022 0.19 acres 2-Car Garage Pool Paramount Sec One

This meticulously maintained home features three well-appointed bedrooms and two and a half bathrooms, providing ample space for relaxation and daily routines. The two-story layout encompasses 1903 square feet of living area, thoughtfully designed for both functionality and aesthetic appeal. A generous lot size of 0.11 acres offers a private outdoor retreat, perfect for unwinding or entertaining. The residence is a true embodiment of comfortable living, designed to create a rewarding homeowner experience within a community that has waling trails, community picnic area and park and is celebrated for its friendly ambiance and strong sense of belonging.

At $179/sqft, this home is 4% 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 Zion Dr, Kyle, TX 78640

Property Details

Price $340,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,903 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paramount Sec One
County Hays
Zip Code 78640
$/sqft $179/sqft
Days on Market ,
HOA $420/Annually
Annual Tax Est. $8,891.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231792823
List Date June 1, 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.

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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
100 Basalt Bnd
Waterstone Crossing
$339,990 $169 4 bd / 3 ba 2,012 sqft , 2026-06-23
372 Kenai Dr
Paramount
$335,640 $155 3 bd / 3 ba 2,163 sqft , 2026-05-14
282 Denali Dr
Paramount Sec Three
$335,605 $189 2 bd / 2 ba 1,772 sqft , 2025-11-12
339 Mustang Bnd
Opal Ranch
$344,990 $172 4 bd / 2 ba 2,010 sqft , 2026-04-22
368 Denali Dr
Paramount
$334,000 $183 4 bd / 3 ba 1,822 sqft , 2026-04-16

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-961

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 June 22, 2026.

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