Active Listing  ·  225 days on market

136 Dawn Dr

Kyle, TX 78640
$999,000
4 Bed 5 Bath 3,956 sqft $253/sqft Built 2026 0.35 acres 3-Car Garage Pool New Construction Clara Vista at Waterridge - Spring Collection

MLS# 5880633 - Built by Toll Brothers - Ready Now! ~ The Dempsey home design offers a spacious and graceful layout. An elegant foyer with a tray ceiling flows past a chic dining room into the stunning great room featuring a soaring cathedral ceiling that overlooks a dramatic covered patio. Adjacent to a bright casual dining area, the kitchen is a chef s dream with ample counter and cabinet space, an expansive center island with breakfast bar, a walk-in pantry, and a butler pantry open to the dining room. The primary bedroom is a private oasis punctuated by a tray ceiling, a spacious walk-in closet, and a serene primary bath with dual vanities, a luce shower with seat, linen storage, and a private water closet. Ample secondary bedrooms are equipped with walk-in closets and private baths. A flex room, media room, and office offer wonderful spaces for living and entertaining. Additional highlights include an everyday entry, a roomy laundry room, a powder room, and extra storage throughout. Disclaimer: Photos are images only and should not be relied upon to confirm applicable features.

At $253/sqft, this home is priced 40% 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

136 Dawn Dr, Kyle, TX 78640

Property Details

Price $999,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,956 sqft
Lot Size 0.35 acres (15,246 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Clara Vista at Waterridge - Spring Collection
County Hays
Zip Code 78640
$/sqft $253/sqft
Days on Market ,
HOA $125/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224671717
List Date April 1, 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.

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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 · April 1, 2026 $1,193,000
Previous ask $1,085,000
Current ask $999,000
▼ Reduced $194,000 (-16.3%) 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
319 Lavaca Dr
Clara Vista
$999,900 $243 5 bd / 4 ba 4,108 sqft , 2026-07-13
303 Lavaca Dr
Clara Vista
$1,039,900 $206 5 bd / 6 ba 5,054 sqft , 2026-07-13
246 Alpine Crossing Dr
Clara Vista
$949,900 $265 4 bd / 5 ba 3,580 sqft , 2026-07-13
335 Lavaca Dr
Clara Vista at Waterridge - Brook Collection
$924,000 $288 4 bd / 5 ba 3,203 sqft , 2026-05-29
278 Alpine Crossing Dr
Clara Vista at Waterridge - Brook Collection
$1,074,000 $265 4 bd / 5 ba 4,047 sqft , 2026-04-01

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
$4,795/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
$199,800
20% conventional investment loan

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

Estimated Gross Rent+$4,795
Principal + Interest−$5,452
Property Tax (assumed ~2.1%)−$1,748
Insurance (assumed ~0.5%)−$416
Est. Monthly Cash Flow $-2,821

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 · 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 12, 2026.

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

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