Active Listing  ·  144 days on market

151 Prodigal Way

Kyle, TX 78640
$399,990
4 Bed 3 Bath 2,229 sqft $179/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Anthem

Plan 4056 offers a thoughtfully designed two-story layout that balances open living, privacy, and flexibility. The main level is anchored by an open-concept kitchen, dining, and living area ideal for everyday living and entertaining, along with a privately located first-floor Primary Suite featuring a spacious walk-in closet and well-appointed bath. Upstairs, a large loft provides additional living space for a media room or lounge, while two secondary bedrooms offer comfort and separation. A versatile flex room on the main floor adds further adaptability as a home office, guest space, or optional fourth bedroom. With multiple living areas and a private primary suite on the main level, Plan 4056 delivers comfort, functionality, and modern livability in Freedom at Anthem’s Legacy Series.

At $179/sqft, this home is 4% 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

151 Prodigal Way, Kyle, TX 78640

Property Details

Price $399,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,229 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem
County Hays
Zip Code 78640
$/sqft $179/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224791535
List Date April 2, 2026
Elementary School Jim Cullen
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 · April 2, 2026 $403,590
Previous ask $400,960
Current ask $399,990
Reduced $3,600 (-0.9%) 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
139 Grand Canyon Way
Anthem Ph 3
$399,990 $206 3 bd / 2 ba 1,944 sqft , 2026-08-07
326 Smithsonian Ln
Anthem
$399,000 $146 4 bd / 4 ba 2,740 sqft , 2026-03-13
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
312 Jefferson Dr
Anthem Ph 1-B
$365,000 $170 3 bd / 2 ba 2,147 sqft , 2026-03-04

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

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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 16, 2026.

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