Active Listing  ·  67 days on market

181 Morgan Meadow Dr

Kyle, TX 78640
$394,990
5 Bed 3 Bath 2,700 sqft $146/sqft Built 2026 0.18 acres 2-Car Garage Pool Opal Ranch

Welcome to this spacious 5-bedroom, 3-bath home designed for comfortable living and entertaining. The open-concept layout provides plenty of room to gather, while the main level features a bright primary suite with extra natural light and a dedicated tech space with built-in desk. Upstairs, three secondary bedrooms surround a large game room, creating a versatile space for recreation, movie nights, or a second living area. A full bathroom upstairs adds convenience for friends and guests. Outside, the extended covered patio is perfect for relaxing or entertaining year-round.

At $146/sqft, this home is 19% 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

181 Morgan Meadow Dr, Kyle, TX 78640

Property Details

Price $394,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,700 sqft
Lot Size 0.18 acres (8,015.04 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Opal Ranch
County Hays
Zip Code 78640
$/sqft $146/sqft
Days on Market ,
HOA $850/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243745470
List Date August 17, 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
541 Yellowstone Dr
Paramount
$391,290 $172 4 bd / 3 ba 2,280 sqft , 2025-12-09
208 Garner Dr
Paramount
$399,000 $157 5 bd / 4 ba 2,538 sqft , 2026-03-20
116 Pendleton Dr
Opal Meadows
$386,990 $173 4 bd / 3 ba 2,233 sqft , 2026-05-22
285 Kat Garnet Dr
Stagecoach Ph 3
$385,000 $145 4 bd / 3 ba 2,656 sqft , 2026-09-20
260 Mustang Bnd
Opal Ranch
$384,990 $152 4 bd / 3 ba 2,540 sqft , 2026-06-17

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
$1,896/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
$78,998
20% conventional investment loan

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

Estimated Gross Rent+$1,896
Principal + Interest−$2,156
Property Tax (~2.1% TX avg)−$691
Insurance (~0.5%)−$165
Est. Monthly Cash Flow $-1,116

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 23, 2026.

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