Active Listing  ·  546 days on market

166 Pelican Bay Cir

Kyle, TX 78640
$359,900
3 Bed 3 Bath 2,054 sqft $175/sqft Built 2020 0.15 acres 2-Car Garage Pool Crosswinds Ph Two

Welcome home to this charming and beautifully designed 3-bedroom, 2.5-bathroom residence, ideally nestled on a peaceful cul-de-sac just minutes from the vibrant heart of South Austin.

Step inside to a warm and inviting open-concept living and dining area, adorned with modern accents and stylish finishes. The spacious kitchen is a chef’s delight, featuring gas cooking, a functional island, and a scenic view of the expansive backyard—perfect for both daily living and entertaining guests.

Downstairs, enjoy the convenience of all-tile flooring, while upstairs, plush carpeting leads you to three generously sized bedrooms, each with a walk-in closet. The primary suite is a private retreat, complete with a full bath, dual vanities, and ample storage.

Outside, relax on the covered rear patio and take in the oversized backyard, ready to be transformed into your own personal oasis—ideal for outdoor gatherings, gardening, or simply unwinding in the fresh air.

Don’t miss this incredible opportunity—schedule your tour today!

At $175/sqft, this home is 6% 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

166 Pelican Bay Cir, Kyle, TX 78640

Property Details

Price $359,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,054 sqft
Lot Size 0.15 acres (6,403.32 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds Ph Two
County Hays
Zip Code 78640
$/sqft $175/sqft
Days on Market ,
HOA $47.92/Monthly
Annual Tax Est. $9,746.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT177234922
List Date February 4, 2025
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.

Schedule a Call →

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
288 Caddo Bnd
Talavera Ph 1
$359,900 $144 4 bd / 3 ba 2,501 sqft , 2026-06-21
201 Mendoza None
Plum Creek Ph 2 Sec 2
$359,990 $141 4 bd / 3 ba 2,547 sqft , 2026-04-12
221 Banff Dr
Paramount Sec One
$359,999 $170 4 bd / 3 ba 2,115 sqft , 2026-07-09
154 Eagle Ford Dr
6 Creeks Ph 1 Sec 1
$360,000 $170 4 bd / 3 ba 2,121 sqft , 2026-03-02
682 Coyote Creek Way
6 Creeks Ph 1 Sec 1
$359,000 $195 4 bd / 2 ba 1,840 sqft , 2026-03-12

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
$1,728/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
$71,980
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,964
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,016

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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