Active Listing  ·  63 days on market

130 Riley Cv

Kyle, TX 78640
$229,690
3 Bed 2 Bath 1,235 sqft $186/sqft Built 2000 0.17 acres 2-Car Garage Pool Steeplechase Sub Ph Iii Sec 4

Welcome to this well-maintained 3-bedroom, 2-bath home in the desirable Steeplechase neighborhood! With thoughtful features and a LOCATION that checks all the boxes!

What you’ll love:

Roof (2020) Water Heater (2023) Extra storage space added to attic.

• Thoughtfully designed shelving throughout the home adds charm and personality to the home

• 3 bedrooms + 2 full baths

• 2-car garage

• No HOA fees!

• Walking distance to schools and neighborhood park and splash pad

• Large, private backyard with a storage shed

• Well maintained and ready for its next owners

• Appliances may convey

At $186/sqft, this home is priced in line with the Kyle market average of $181/sqft across 566 active listings. View Austin market report →

Location

130 Riley Cv, Kyle, TX 78640

Property Details

Price $229,690
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,235 sqft
Lot Size 0.17 acres (7,200.47 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steeplechase Sub Ph Iii Sec 4
County Hays
Zip Code 78640
$/sqft $186/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,202.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244140838
List Date August 21, 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 · August 21, 2026 $244,500
Previous ask $239,900
Current ask $229,690
▼ Reduced $14,810 (-6.1%) 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
151 Henke Cv
Steeplechase Sub Ph Iii Sec 4
$229,900 $171 3 bd / 2 ba 1,343 sqft , 2026-08-28
427 Buckingham Dr
Kensington Trails Sec 4A
$225,000 $149 3 bd / 2 ba 1,509 sqft , 2026-07-16
271 Bluestem St
Prairie On The Creek Sec 1C
$225,000 $169 3 bd / 2 ba 1,334 sqft , 2026-10-13
148 Pearl Lake Dr
Southlake Ranch Ph Three
$222,000 $174 3 bd / 2 ba 1,273 sqft , 2026-07-23
201 Elmer Cv
Steeplechase Sub Ph Iii Sec 5
$239,900 $176 3 bd / 2 ba 1,364 sqft , 2026-04-28

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
$1,103/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
$45,938
20% conventional investment loan

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

Estimated Gross Rent+$1,103
Principal + Interest−$1,254
Property Tax (~2.1% TX avg)−$402
Insurance (~0.5%)−$96
Est. Monthly Cash Flow $-649

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 October 16, 2026.

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