Active Listing  ·  72 days on market

145 Myrtle St

Kyle, TX 78640
$225,000
3 Bed 2 Bath 1,332 sqft $169/sqft Built 2006 0.13 acres 1-Car Garage Pool Waterleaf

Welcome to 145 Myrtle Street, a pristine, single-story sanctuary with a BRAND-NEW roof in the Waterleaf community of Kyle. Ask about the Assumable FHA mortgage! Immaculate curb appeal greets you with vibrant crepe myrtles, leading into an open, light-filled layout seamlessly connected by blonde vinyl-plank flooring. The spacious kitchen features new stainless steel appliances, upgraded white quartz countertops, a breakfast bar, dedicated pantry, and ample cabinet and counter space. The primary bedroom overlooks the private backyard and includes a large walk-in closet, while the en-suite bathroom offers a wide vanity with a built-in seating area and a grab bar for added safety when exiting the shower. The secondary bedrooms are thoughtfully positioned for privacy, with one featuring a ceiling fan and the third located at the front of the home. Full secondary bath with an oversized linen closet provide ample comfort and flexibility for family or guests. Upgrades abound throughout, including a deep living area storage closet, security system, a large laundry room with built-in shelving for easy storage, and a seamless new glass sliding door takes you outdoors. Step outside to your tranquil backyard oasis featuring a large, pergola-covered patio, fresh fencing, customized stone landscaping with an integrated drainage system, a scheduled sprinkler system, and solar-powered accent garden and spot lights that beautifully illuminate the home at dusk. Mature trees including a 70 ft Sycamore tree in the backyard. The community has amazing amenities including a sand volleyball court, basketball court, pool, playground, swings, and so much more and with refreshingly low HOA fees you get all the bang for your buck. Lovely community and friendly neighbors, whoever lives here next is truly in for a treat!

At $169/sqft, this home is 7% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

145 Myrtle St, Kyle, TX 78640

Property Details

Price $225,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,332 sqft
Lot Size 0.13 acres (5,841.4 sqft)
Year Built 2006
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf
County Hays
Zip Code 78640
$/sqft $169/sqft
Days on Market ,
HOA $31.5/Monthly
Annual Tax Est. $6,775.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242207611
List Date August 12, 2026
Elementary School Tobias
Middle School D J Red Simon
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.

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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 · August 12, 2026 $245,000
Previous ask $229,000
Current ask $225,000
▼ Reduced $20,000 (-8.2%) 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
205 Granary Dr
Harvest Creek Ph 1
$228,500 $173 3 bd / 2 ba 1,323 sqft , 2026-05-10
140 Dropper None
Brookside Ph 1
$229,000 $134 3 bd / 2 ba 1,704 sqft , 2026-04-06
524 Ferrule Dr
Brookside Ph 4
$219,500 $189 3 bd / 2 ba 1,160 sqft , 2026-05-28
270 Cushman Dr
Waterleaf Ph B Sec 4
$235,000 $153 3 bd / 2 ba 1,536 sqft , 2026-07-24
1480 Twin Cv
Bunton Creek Ph 4
$213,900 $168 3 bd / 2 ba 1,275 sqft , 2026-07-20

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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 · 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 20, 2026.

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