Active Listing  ·  130 days on market

162 Billowing Way

Kyle, TX 78640
$324,900
3 Bed 2 Bath 1,607 sqft $202/sqft Built 2021 0.15 acres 2-Car Garage Pool Crosswinds

Experience the perfect blend of modern style and thoughtful functionality in this meticulously maintained one-story gem, situated in the heart of Kyle’s vibrant Crosswinds community. Curb appeal abounds with professional landscaping, a full sprinkler system, and durable three-side brick masonry framed by wrap-around rain gutters. Step inside to an airy, light-filled floor plan defined by soaring vaulted ceilings, recessed lighting, and elegant wood-look tile that flows seamlessly through the main living areas and the primary suite. The chef-inspired kitchen is a design enthusiast's dream, featuring striking white stone countertops, a trendy blue tile backsplash, stainless steel appliances, and a sleek single-basin island sink—plus, it’s already pre-wired for your favorite pendant lights to hang over the breakfast bar. A dedicated side bar provides the ideal nook for a coffee station or buffet service, while the adjacent dining area is prepped for your statement chandelier. Throughout the home, cordless blinds offer a clean look for the many windows, including several box bay windows that are just waiting to be turned into cozy reading nooks. Retreat to the primary suite, a private sanctuary boasting a vaulted ceiling and a spa-like bath with dual vanities and an oversized walk-in shower with a built-in bench. Even the chores feel elevated in the spacious laundry room, which doubles as a command center with its built-in storage, mini desk, and a clever mudroom area with coat hooks. Outside, the backyard and covered patio offer a low-maintenance oasis for weekend entertaining. Beyond your front door, the Crosswinds lifestyle awaits with resort-style amenities including an enormous pool, walking paths, a dog park, and sports courts, plus a community calendar packed with food trucks, market days, and festive parades. Perfectly positioned for an easy commute to both Austin and San Antonio, this home is a rare opportunity to enjoy master-planned living at its finest.

At $202/sqft, this home is priced 9% above the Kyle active market average of $186/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

162 Billowing Way, Kyle, TX 78640

Property Details

Price $324,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,607 sqft
Lot Size 0.15 acres (6,446.88 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $202/sqft
Days on Market ,
HOA $550/Annually
Annual Tax Est. $9,164.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225872224
List Date April 16, 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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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 16, 2026 $339,900
Previous ask $329,900
Current ask $324,900
Reduced $15,000 (-4.4%) 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
526 Elephant Island Loop
Crosswinds
$324,999 $211 3 bd / 2 ba 1,537 sqft , 2026-06-04
195 White Horses Dr
Crosswinds Ph 5A/5B
$325,000 $167 3 bd / 3 ba 1,948 sqft , 2026-06-26
309 Bridge Deck Loop
Crosswinds
$325,018 $183 4 bd / 2 ba 1,777 sqft , 2026-07-07
204 Backstays Loop
Crosswinds
$329,000 $193 4 bd / 2 ba 1,701 sqft , 2026-06-15
606 Biscayne Bay Bnd
Crosswinds Ph 3A
$320,000 $161 3 bd / 3 ba 1,982 sqft , 2026-08-05

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
$1,560/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
$64,980
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,773
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-917

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 14, 2026.

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