Active Listing  ·  77 days on market

187 Lena Ln

Kyle, TX 78640
$309,000
4 Bed 3 Bath 2,402 sqft $129/sqft Built 2021 0.13 acres 2-Car Garage Pool Grist Mill Highlands Sec 2

Welcome to 187 Lena Lane in Kyle, Texas! This beautifully maintained 4-bedroom, 2.5-bath home offers stylish, flexible living in a desirable Kyle location with easy access to Austin, Buda, San Marcos, shopping, dining, and major commuter routes. The open-concept main level features wood-look flooring, abundant natural light, a formal dining room with wainscoting, and a spacious living area that flows into the upgraded kitchen with quartz countertops, a large island, stainless steel appliances, built-in double ovens, cooktop, and tile backsplash. The main-level primary suite features a spa-inspired bathroom with dual vanities, soaking tub, separate shower, and walk-in closet. Upstairs, you'll find three additional bedrooms, a full bathroom, a spacious loft/game room, and a versatile flex room with barn doors that can serve as a home office, playroom, media room, or hobby space. Outside, enjoy a low-maintenance backyard with artificial turf, an extended covered patio, privacy fence, and play structure. Located just 0.7 miles from Ramage Elementary School, with a crossing guard along the route for added convenience. The neighborhood offers sidewalks, a park, and playground, making this Kyle home a great option for buyers looking for convenience, flexible living space, and an easy commute. Move-in ready and packed with thoughtful upgrades!

At $129/sqft, this home is 29% 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

187 Lena Ln, Kyle, TX 78640

Property Details

Price $309,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,402 sqft
Lot Size 0.13 acres (5,575.68 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Grist Mill Highlands Sec 2
County Hays
Zip Code 78640
$/sqft $129/sqft
Days on Market ,
HOA $330/Annually
Annual Tax Est. $6,891.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242621952
List Date August 7, 2026
Elementary School LamontRamage
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 · August 7, 2026 $319,000
Current ask $309,000
▼ Reduced $10,000 (-3.1%) 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
263 Oriole St
Infinity Square
$309,990 $172 3 bd / 2 ba 1,800 sqft , 2025-10-15
181 Oriole St
Infinity Square
$314,990 $175 3 bd / 2 ba 1,800 sqft , 2026-06-10
325 Granary Dr
HARVEST CREEK
$320,000 $178 4 bd / 2 ba 1,797 sqft , 2026-08-20
238 Sickle Loop
Harvest Creek Ph2
$294,999 $161 4 bd / 2 ba 1,832 sqft , 2026-05-19
405 W Andover Ln
Millcreek Ph 2
$325,000 $131 4 bd / 3 ba 2,477 sqft , 2026-08-14

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
$1,483/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
$61,800
20% conventional investment loan

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

Estimated Gross Rent+$1,483
Principal + Interest−$1,686
Property Tax (~2.1% TX avg)−$541
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-873

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 →