Active Listing  ·  98 days on market

181 Cushman Dr

Kyle, TX 78640
$289,900
4 Bed 3 Bath 2,506 sqft $116/sqft Built 2013 0.22 acres 2-Car Garage Pool Waterleaf Ph B Sec 4

Come see this beautiful Waterleaf home with charming curb appeal and a welcoming covered front porch. Inside, the

thoughtful floor plan offers two dining areas and three versatile living spaces, including a large family room, a separate

office downstairs, plus a game room upstairs—plenty of room for everyone to spread out and

enjoy. The home features beautiful wood flooring, neutral paint tones, and updated ceiling fans for a modern, warm

feel. The huge kitchen includes stainless steel appliances, a pantry, a large island, and abundant cabinet and counter

space, and it opens to the spacious family room filled with natural light. The very large primary bedroom offers a walkin closet, a generous linen closet, and an oversized shower. Throughout the home, there are also a large number of

closets that provide exceptional storage and help keep everything organized. The HVAC has also been updated in 2024

with a 4-ton air handler upflow featuring a UV light for the coil. Outside, you’ll enjoy a freshly stained deck—partially

covered for year-round use—and a huge backyard with space to run, play, or create the outdoor setup you’ve been

dreaming of. Plus, there’s a storage shed that offers even more room for tools, lawn equipment, or seasonal items. The

home sits just a few blocks from the neighborhood pool, playground, and sports courts, and it’s close to local

shopping, dining, and schools. With easy access to I-35, this property offers small-town charm with convenient

proximity to both Austin and San Marcos. Don’t miss your chance to own a wonderful home in the growing city of Kyle.

At $116/sqft, this home is 38% 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

181 Cushman Dr, Kyle, TX 78640

Property Details

Price $289,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,506 sqft
Lot Size 0.22 acres (9,670.32 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf Ph B Sec 4
County Hays
Zip Code 78640
$/sqft $116/sqft
Days on Market ,
HOA $32/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227577210
List Date April 28, 2026
Elementary School Tobias
Middle School D J Red Simon
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 · April 28, 2026 $309,900
Previous ask $300,000
Current ask $289,900
Reduced $20,000 (-6.5%) 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
1148 Amberwood Loop
Indian Paintbrush Sec 4B
$289,900 $156 4 bd / 2 ba 1,855 sqft , 2026-07-06
118 Invierno St
Four Seasons Farm Ph 1 Sec 1
$289,999 $113 4 bd / 3 ba 2,568 sqft , 2026-05-29
344 Coronado Ln
Coronado Hills Sec 1
$289,999 $136 4 bd / 3 ba 2,128 sqft , 2026-07-11
1181 Violet Ln
Bunton Creek Ph 6B
$290,000 $136 4 bd / 2 ba 2,134 sqft , 2025-07-04
133 Everglades Dr
Paramount
$289,000 $133 3 bd / 3 ba 2,179 sqft , 2026-04-04

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
$1,392/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
$57,980
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,582
Property Tax (~2.1% TX avg)−$507
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-818

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

Loading…
View All Luxury Homes →