Active Listing  ·  46 days on market

142 Grand Canyon Way

Kyle, TX 78640
$494,990
4 Bed 4 Bath 2,717 sqft $182/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Anthem Ph 3

Stunning Newmark Homes Vienna Floor Plan! This beautifully designed 2-story home offers 4 bedrooms, 3.5 bathrooms, a private study, and an upstairs game room, providing the perfect balance of space, comfort, and functionality. The open-concept layout is complemented by stunning designer upgrades throughout, including quartz countertops, stainless steel appliances, and high-end finishes that create a modern, elegant feel. The spacious primary suite offers a relaxing retreat, while the additional bedrooms provide plenty of room for family and guests. Step outside to enjoy the covered patio, perfect for entertaining or relaxing year-round. Complete with a 2-car garage and thoughtfully designed living spaces, this exceptional home offers the style and quality you've come to expect from Newmark Homes. Don't wait to make this stunning home yours today!

At $182/sqft, this home is priced in line with the Kyle market average of $181/sqft across 595 active listings. View Austin market report →

Location

142 Grand Canyon Way, Kyle, TX 78640

Property Details

Price $494,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,717 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 $182/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239320750
List Date August 7, 2026
Elementary School Laura B Negley
Middle School R C Barton
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 · August 7, 2026 $504,990
Current ask $494,990
Reduced $10,000 (-2.0%) 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
288 Smithsonian Ln
Anthem
$489,999 $175 4 bd / 4 ba 2,799 sqft , 2026-05-13
152 Grand Canyon Way
Anthem Ph 3
$499,990 $191 5 bd / 3 ba 2,622 sqft , 2026-08-07
193 Christian Springs Dr
Anthem
$509,990 $170 5 bd / 6 ba 2,999 sqft , 2026-04-15
171 Smithsonian Ln
Anthem Ph 3
$474,990 $175 4 bd / 4 ba 2,717 sqft , 2026-06-02
141 Christian Springs Dr
Anthem
$514,990 $172 5 bd / 6 ba 2,999 sqft , 2026-04-15

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
$2,376/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
$98,998
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 September 11, 2026.

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