Active Listing  ·  46 days on market

152 Grand Canyon Way

Kyle, TX 78640
$499,990
5 Bed 3 Bath 2,622 sqft $191/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Anthem Ph 3

Newmark Homes Monaco Floorplan Now Available in Anthem! Discover exceptional space, style, and functionality in this beautifully designed two-story home featuring 5 bedrooms, 3 full bathrooms, and a 2-car garage. Thoughtfully appointed with stunning designer upgrades throughout, this home offers luxury vinyl plank flooring, stainless steel appliances, and a gourmet kitchen that seamlessly opens to the spacious family room and breakfast area—perfect for entertaining or everyday living. The private study provides the ideal work-from-home space, while the thoughtfully designed layout offers room for everyone. Escape to the luxurious primary suite featuring a large mud-set walk-in shower and an oversized walk-in closet. Step outside to enjoy the covered patio, perfect for relaxing or entertaining year-round. Located in the sought-after Anthem community, this stunning Monaco floorplan combines modern design, quality craftsmanship, and all the space your family needs to live comfortably. Don't miss the opportunity to make this exceptional Newmark home yours!

At $191/sqft, this home is priced 6% 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

152 Grand Canyon Way, Kyle, TX 78640

Property Details

Price $499,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,622 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 $191/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239285135
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.

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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 7, 2026 $509,990
Current ask $499,990
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
142 Grand Canyon Way
Anthem Ph 3
$494,990 $182 4 bd / 4 ba 2,717 sqft , 2026-08-07
288 Smithsonian Ln
Anthem
$489,999 $175 4 bd / 4 ba 2,799 sqft , 2026-05-13
193 Christian Springs Dr
Anthem
$509,990 $170 5 bd / 6 ba 2,999 sqft , 2026-04-15
141 Christian Springs Dr
Anthem
$514,990 $172 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

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
$2,400/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
$99,998
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 →