Active Listing  ·  19 days on market

185 Seven Seas Dr

Kyle, TX 78640
$203,999
3 Bed 2 Bath 1,380 sqft $148/sqft Built 2026 0.10 acres Pool Waterstone

The Avas - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, which are comfortable spaces for household members and overnight guests. Photos are for illustrative purposes only. Estimated Completion October 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $148/sqft, this home is 20% 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

185 Seven Seas Dr, Kyle, TX 78640

Property Details

Price $203,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,380 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Waterstone
County Hays
Zip Code 78640
$/sqft $148/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242446300
List Date August 5, 2026
Elementary School Hemphill
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
135 Jura Pass
Waterstone
$202,999 $147 3 bd / 2 ba 1,380 sqft , 2026-06-11
162 Ketch Way
Waterstone
$197,999 $165 3 bd / 2 ba 1,200 sqft , 2026-07-22
143 Jura Pass
Waterstone
$215,999 $144 4 bd / 2 ba 1,500 sqft , 2026-06-24
159 Jura Pass
Waterstone
$218,999 $146 4 bd / 2 ba 1,500 sqft , 2026-07-01
137 Seven Seas Dr
Waterstone
$225,999 $164 3 bd / 2 ba 1,380 sqft , 2026-08-05

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
$979/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
$40,800
20% conventional investment loan

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

Estimated Gross Rent+$979
Principal + Interest−$1,113
Property Tax (~2.1% TX avg)−$357
Insurance (~0.5%)−$85
Est. Monthly Cash Flow $-576

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 August 6, 2026.

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