Active Listing  ·  112 days on market

129 Grand Canyon Way

Kyle, TX 78640
$439,990
3 Bed 3 Bath 2,537 sqft $173/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Anthem Ph 3

Estimated Completion: October! Welcome to the stunning Newmark Homes Naples floorplan—where style, comfort, and functionality come together beautifully! This thoughtfully designed 2-story home features 3 bedrooms, 2.5 bathrooms, a 2-car garage, and a private study, offering the perfect blend of everyday living and flexible space. From the moment you step inside, you’ll be greeted by a stunning staircase in the entryway that creates an elegant first impression. The spacious family room is filled with abundant natural light from expansive windows, creating a bright and inviting atmosphere throughout the home. The gourmet kitchen showcases stainless steel appliances, quartz countertops, and designer upgrades throughout, making it both stylish and functional for entertaining or daily living. Retreat to the spacious primary suite featuring a large walk-in closet and a thoughtfully designed layout for comfort and convenience. Step outside to enjoy the covered patio, perfect for relaxing evenings or entertaining guests year-round. Call Kendall Wingrove to schedule an appointment today!

At $173/sqft, this home is 4% 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

129 Grand Canyon Way, Kyle, TX 78640

Property Details

Price $439,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,537 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Ph 3
County Hays
Zip Code 78640
$/sqft $173/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229749482
List Date June 2, 2026
Elementary School Laura B Negley
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 · June 2, 2026 $489,990
Previous ask $449,990
Current ask $439,990
Reduced $50,000 (-10.2%) 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
162 Grand Canyon Way
Anthem Ph 3
$429,990 $223 3 bd / 2 ba 1,926 sqft , 2026-08-07
270 Smithsonian Ln
Anthem Ph 3
$449,990 $189 4 bd / 3 ba 2,377 sqft , 2026-02-25
262 Smithsonian Ln
Anthem Ph 3
$464,990 $169 4 bd / 3 ba 2,744 sqft , 2026-02-25
261 Mendoza None
Plum Creek Ph 2 Sec 2
$465,000 $188 4 bd / 3 ba 2,468 sqft , 2025-06-20
171 Smithsonian Ln
Anthem Ph 3
$474,990 $175 4 bd / 4 ba 2,717 sqft , 2026-06-02

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
$2,112/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
$87,998
20% conventional investment loan

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

Estimated Gross Rent+$2,112
Principal + Interest−$2,401
Property Tax (~2.1% TX avg)−$770
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,242

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 20, 2026.

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