Active Listing  ·  7 days on market

172 Mistflower Ln

Kyle, TX 78640
$397,900
4 Bed 3 Bath 2,593 sqft $153/sqft Built 2013 0.18 acres 2-Car Garage Pool Hometown Kyle Ph 4 Sec 1

Welcome home to this fantastic corner-lot property in the newer section of Hometown Kyle! The kitchen features granite countertops, tile backsplash, stainless steel built-in appliances, center island, breakfast bar, and custom lighting. Tile and wood-look laminate flooring run throughout—no carpet! A large office with double doors plus an upstairs game room/loft with full bath offers great flexibility as a second living area, guest retreat, or 4th bedroom. The private primary suite is tucked away from the secondary bedrooms and features a spacious bath with separate tub and shower and a large walk-in closet. Outside, enjoy a gardener’s dream filled with mostly native, low-maintenance plants and a backyard with added privacy thanks to the unique lot placement. Great space, flexible living, and a prime corner lot in Hometown Kyle! Home is equipped with water softener, sprinkler system, and full gutters!

At $153/sqft, this home is 15% 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 Mistflower Ln, Kyle, TX 78640

Property Details

Price $397,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,593 sqft
Lot Size 0.18 acres (8,028.11 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hometown Kyle Ph 4 Sec 1
County Hays
Zip Code 78640
$/sqft $153/sqft
Days on Market ,
HOA $82.5/Quarterly
Annual Tax Est. $9,455.62
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246627011
List Date September 15, 2026
Elementary School Kyle
Middle School Laura B Wallace
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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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
154 Sequoia Dr
Cypress Forest Ph Four Sec A
$398,000 $231 3 bd / 2 ba 1,725 sqft , 2026-06-23
461 Coyote Creek Way
6 Creeks Ph 1 Sec 1
$399,000 $192 4 bd / 3 ba 2,082 sqft , 2026-09-16
653 Coyote Creek Way
6 Creeks
$399,899 $231 3 bd / 2 ba 1,728 sqft , 2025-05-29
265 Fawn River Run
6 Creeks Ph 1 Sec 4B
$400,000 $158 4 bd / 3 ba 2,529 sqft , 2026-08-20
396 Gunnison Way
Cypress Forest Ph Two
$405,000 $182 3 bd / 2 ba 2,220 sqft , 2026-07-31

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
$1,910/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
$79,580
20% conventional investment loan

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

Estimated Gross Rent+$1,910
Principal + Interest−$2,172
Property Tax (~2.1% TX avg)−$696
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,124

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 21, 2026.

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