Active Listing  ·  17 days on market

187 Lena Ln

Kyle, TX 78640
$319,000
4 Bed 3 Bath 2,402 sqft $133/sqft Built 2021 0.13 acres 2-Car Garage Pool Grist Mill Highlands Sec 2

Welcome home to 187 Lena Lane, a beautifully maintained 4-bedroom, 2.5-bath home offering the perfect blend of style, space, and functionality. Attractive stone and siding exterior, stacked stone accents, dark shutters, and a covered front porch create great curb appeal. Inside, you'll find wood-look flooring, abundant natural light, and an open-concept layout designed for everyday living and entertaining.

Just off the entry, the formal dining room features picture-frame wainscoting and a designer chandelier. The spacious living room flows seamlessly into the upgraded kitchen showcasing rich dark cabinetry, quartz countertops, a large center island with breakfast bar seating, stainless steel appliances, built-in double ovens, a cooktop, and a stylish tile backsplash.

The private primary suite is conveniently located on the main floor and features a spa-inspired bath with dual quartz vanities, a soaking tub, separate glass-enclosed shower, and a generous walk-in closet.

Upstairs offers exceptional flexibility with three secondary bedrooms, a full bath, a spacious open loft that's perfect as a game room, media room, or second living area, plus an additional flex room enhanced with barn doors for added privacy—ideal for a home office, study, playroom, fitness room, or hobby space.

Step outside to enjoy a backyard designed for low-maintenance living with lush artificial turf, an extended covered patio for relaxing or entertaining, a wood privacy fence, and an existing play structure ready for fun from day one.

Located in a welcoming neighborhood with sidewalks, a community park, and playground, this home offers easy access to Austin, San Marcos, shopping, dining, and schools while providing the comfort of small-town living. This move-in-ready home combines thoughtful upgrades, versatile living spaces, and a location you'll love.

At $133/sqft, this home is 28% 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

187 Lena Ln, Kyle, TX 78640

Property Details

Price $319,000
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 $133/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 →

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
218 Harvest Creek Dr
Harvest Creek
$320,000 $156 4 bd / 3 ba 2,049 sqft , 2026-07-15
325 Granary Dr
HARVEST CREEK
$320,000 $178 4 bd / 2 ba 1,797 sqft , 2026-08-20
383 Sickle Loop
Harvest Creek Ph2
$325,000 $125 4 bd / 3 ba 2,590 sqft , 2026-04-27
263 Oriole St
Infinity Square
$329,990 $183 3 bd / 2 ba 1,800 sqft , 2025-10-15
405 W Andover Ln
Millcreek Ph 2
$330,000 $133 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
$1,531/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
$63,800
20% conventional investment loan

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

Estimated Gross Rent+$1,531
Principal + Interest−$1,741
Property Tax (~2.1% TX avg)−$558
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-901

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 11, 2026.

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