Active Listing  ·  2 days on market

161 Prairie Verbena Dr

Kyle, TX 78640
$315,000
4 Bed 3 Bath 2,101 sqft $150/sqft Built 2004 0.16 acres 2-Car Garage Pool Indian Paintbrush Ph 3

OWN your piece of Kyle real estate while enjoying the expansion of the city growing into having all the necessary places to go to for shopping, business, and family activities. This roomy big home can serve the needs of a family or single person. The kitchen has been completely upgraded and nothing left untouched. Move in ready!

At $150/sqft, this home is 19% 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

161 Prairie Verbena Dr, Kyle, TX 78640

Property Details

Price $315,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,101 sqft
Lot Size 0.16 acres (7,135.13 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Indian Paintbrush Ph 3
County Hays
Zip Code 78640
$/sqft $150/sqft
Days on Market ,
HOA $62.28/Quarterly
Annual Tax Est. $6,772.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244305873
List Date August 22, 2026
Elementary School Ralph Pfluger
Middle School Armando Chapa
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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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
101 Redwood Dr
Amberwood Ph One
$309,000 $128 4 bd / 3 ba 2,423 sqft , 2026-03-05
221 Auburn St
Sunset Hills Ph Two
$330,000 $158 3 bd / 2 ba 2,090 sqft , 2026-05-07
157 Maplewood None N
AMBERWOOD PHASE TWO
$330,000 $168 4 bd / 2 ba 1,960 sqft , 2026-07-27
176 Dusky Thrush Dr
Meadows At Kyle Ph Five
$299,990 $181 3 bd / 2 ba 1,660 sqft , 2026-08-18
436 Spinnaker Loop
Crosswinds Ph Two
$299,900 $146 3 bd / 3 ba 2,054 sqft , 2026-02-15

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 August 23, 2026.

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