Active Listing  ·  42 days on market

144 Allegheny Way

Kyle, TX 78640
$489,900
4 Bed 3 Bath 2,528 sqft $194/sqft Built 2019 0.26 acres 2-Car Garage Pool Cypress Forest

Lovely 1-story, 4 bedroom home with park-like backyard in highly desirable Cypress Forest community. Terrific, open floorplan with upgraded finishes throughout. Fabulous island kitchen with stainless steel appliances, granite countertops, subway tile backsplash, double ovens, large breakfast bar & tons of cabinet space is open to spacious family & dining rooms with gleaming hardwood floors & a wall of windows overlooking tranquil patio & backyard. Elegant & secluded primary bedroom with vaulted ceilings & tons of natural light. Primary bathroom features granite countertops, oversized walk-in shower with custom tile, dual vanity sinks & huge walk-in closet.On the other side of the house there is an additional spacious bedroom with a private ensuite bathroom - perfect for a guest bedroom or multi-generational family. Wonderful "flex room" off family. room perfect for secondary living space, office or playroom. 2 additional bedrooms at the front of the house are also a good size and share a large full bath that is open to the hallway. Mudroom plus large laundry room with built-ins. Backyard is an entertainer's dream with covered patio + expansive patio addition. One of the largest lots in the neighborhood, there is plenty of room to enjoy the native landscaping, beautiful oak trees, planter beds & butterfly garden. Water softener, reverse osmosis system in kitchen & full sprinkler system. Outdoor & indoor flat screen tv's, mounts, speakers & related equipment and hot tub all convey with the house. Immaculately maintained by original owners. Terrific location & amenities including pool, pavilion, park, playground, ponds & miles of hike/bike trails.

At $194/sqft, this home is priced 7% 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

144 Allegheny Way, Kyle, TX 78640

Property Details

Price $489,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,528 sqft
Lot Size 0.26 acres (11,325.6 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cypress Forest
County Hays
Zip Code 78640
$/sqft $194/sqft
Days on Market ,
HOA $300/Quarterly
Annual Tax Est. $13,069.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248432897
List Date October 1, 2026
Elementary School Laura B Negley
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Laura B Negley · 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.

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 · October 1, 2026 $549,000
Previous ask $525,000
Current ask $489,900
▼ Reduced $59,100 (-10.8%) 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
150 High Rock Pass
6 Creeks at Waterridge
$489,990 $196 4 bd / 3 ba 2,506 sqft , 2026-03-30
248 Prickly Poppy Loop
6 Creeks
$489,990 $181 4 bd / 4 ba 2,713 sqft , 2026-11-02
214 Prickly Poppy Loop
6 Creeks
$492,990 $179 4 bd / 3 ba 2,749 sqft , 2026-10-12
329 Muddy Creek Way
6 Creeks
$494,990 $198 4 bd / 3 ba 2,504 sqft , 2025-08-25
310 Prickly Poppy Loop
6 Creeks
$479,990 $177 4 bd / 4 ba 2,713 sqft , 2026-05-20

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
$2,352/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
$97,980
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (assumed ~2.1%)−$857
Insurance (assumed ~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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

Loading…
View All Luxury Homes →
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 11, 2026.

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

Save this home