Active Listing  ·  161 days on market

172 Discovery None

Kyle, TX 78640
$239,990
3 Bed 3 Bath 1,710 sqft $140/sqft Built 2004 0.16 acres 2-Car Garage Pool Post Oak Ph One

Welcome to this inviting two-story home with charming curb appeal, mature trees, and a spacious driveway leading to a covered front entry. Step inside to a bright and open layout filled with natural light, neutral tones, and easy-flow living spaces designed for both everyday living and entertaining. The updated kitchen features modern finishes, generous counter space, and an open dining area that connects to the main living spaces. Upstairs, the spacious bedrooms offer flexibility for guests, work, or hobbies, while the primary suite provides a relaxing retreat with large windows and an ensuite bath with dual vanities, soaking tub, and separate shower. Outside, enjoy a large fenced backyard with plenty of room to relax, garden, or entertain. Community amenities include a neighborhood pool and basketball court. The property may also be available for lease at $1,950 per month. Contact the listing agent for additional rental information and details.

At $140/sqft, this home is 23% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

172 Discovery None, Kyle, TX 78640

Property Details

Price $239,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,710 sqft
Lot Size 0.16 acres (7,078.5 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Post Oak Ph One
County Hays
Zip Code 78640
$/sqft $140/sqft
Days on Market ,
HOA $16/Monthly
Annual Tax Est. $7,088.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227047191
List Date May 15, 2026
Elementary School Susie Fuentes
Middle School Laura B Wallace
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 →

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 · May 15, 2026 $279,500
Previous ask $248,000
Current ask $239,990
▼ Reduced $39,510 (-14.1%) 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
380 Kenai Dr
Paramount
$240,000 $207 3 bd / 2 ba 1,157 sqft , 2026-05-14
220 Rummel Dr
Waterleaf Ph B Sec 3B
$240,000 $177 3 bd / 2 ba 1,359 sqft , 2026-10-16
281 Leonardo St
Post Oak Ph 02
$237,000 $138 4 bd / 2 ba 1,721 sqft , 2026-03-10
136 Atlantis None
Post Oak Ph 2
$244,900 $152 3 bd / 2 ba 1,616 sqft , 2026-08-21
626 Atlantis None
Post Oak Ph 3
$234,900 $182 3 bd / 2 ba 1,292 sqft , 2026-03-13

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
$1,152/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
$47,998
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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 October 21, 2026.

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