Active Listing  ·  17 days on market

139 Grand Canyon Way

Kyle, TX 78640
$399,990
3 Bed 2 Bath 1,944 sqft $206/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Anthem Ph 3

Move in Ready! This beautifully designed 3-bedroom, 2-bath, single-story home offers a perfect blend of style and functionality. Featuring designer upgrades throughout, the home showcases durable and stylish LVP flooring, a spacious open-concept family and dining area, and an abundance of natural light from the large windows in the family room. The chef-inspired kitchen and spa-like primary bath are highlighted by elegant quartz counter-tops, creating a modern and luxurious feel. The thoughtfully designed layout provides comfortable everyday living and effortless entertaining. Additional highlights include a 2-car garage and a covered patio, ideal for outdoor relaxation. This home combines quality craftsmanship with contemporary finishes. Don't wait to make it yours!

At $206/sqft, this home is priced 11% above the Kyle active market average of $186/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

139 Grand Canyon Way, Kyle, TX 78640

Property Details

Price $399,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,944 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Ph 3
County Hays
Zip Code 78640
$/sqft $206/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242696516
List Date August 7, 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.

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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
151 Prodigal Way
Anthem
$399,990 $179 4 bd / 3 ba 2,229 sqft , 2026-04-02
210 Meadow Woods Dr
Meadow Woods Sec 2
$395,000 $239 3 bd / 2 ba 1,651 sqft , 2026-05-29
301 Verbena Dr
Village At Meadow Woods
$389,500 $200 2 bd / 2 ba 1,947 sqft , 2026-07-03
360 Jefferson Dr
Anthem Ph 1-B
$370,000 $167 4 bd / 3 ba 2,209 sqft , 2026-07-22
160 Prodigal Way
Anthem
$369,990 $217 3 bd / 2 ba 1,702 sqft , 2026-04-02

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
$1,920/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
$79,998
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 August 23, 2026.

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