Active Listing  ·  154 days on market

150 Elmer Cv

Kyle, TX 78640
$233,900
3 Bed 2 Bath 1,524 sqft $153/sqft Built 2001 0.15 acres 2-Car Garage Pool Steeplechase Sub Ph Iii Sec 5
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About This Home

Come check out this gorgeous single-story home in Kyle, TX! This home features a spacious open floor plan with a large living area, cozy fireplace, and a charming bay window in the breakfast room. Enjoy outdoor living with a large covered patio and a workshop in the backyard.

Conveniently located within walking distance to Susie Fuentes Elementary and Lehman High School, and just minutes from Kyle’s hospital, shopping, and a variety of restaurants.

At $153/sqft, this home is 18% below the Kyle active market average of $186/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

150 Elmer Cv, Kyle, TX 78640

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Property Details

Price $233,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,524 sqft
Lot Size 0.15 acres (6,730.02 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steeplechase Sub Ph Iii Sec 5
County Hays
Zip Code 78640
$/sqft $153/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,960.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223240535
List Date March 23, 2026
Elementary School Susie Fuentes
Middle School Armando Chapa
High School Lehman
School District ,

Have Questions About This Property?

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 · March 23, 2026 $250,000
Current ask $233,900
▼ Reduced $16,100 (-6.4%) 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
148 Pearl Lake Dr
Southlake Ranch Ph Three $235,000 $185 3 bd / 2 ba 1,273 sqft , 2026-07-23
300 Hortus Dr
Casetta Ranch Sec 3 $235,000 $195 3 bd / 2 ba 1,203 sqft , 2026-07-28
427 Buckingham Dr
Kensington Trails Sec 4A $225,000 $149 3 bd / 2 ba 1,509 sqft , 2026-07-16
130 Riley Cv
Steeplechase Sub Ph Iii Sec 4 $244,500 $198 3 bd / 2 ba 1,235 sqft , 2026-08-21
2963 Winding Creek Rd
Casetta Ranch $244,990 $206 3 bd / 2 ba 1,191 sqft , 2025-07-09

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
$1,123/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
$46,780
20% conventional investment loan

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

Estimated Gross Rent+$1,123
Principal + Interest−$1,276
Property Tax (~2.1% TX avg)−$409
Insurance (~0.5%)−$97
Est. Monthly Cash Flow $-659

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 August 11, 2026.

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