Active Listing  ·  24 days on market

187 Paddle Wheel Path

Kyle, TX 78640
$480,340
4 Bed 3 Bath 2,013 sqft $239/sqft Built 2026 0.10 acres 3-Car Garage Pool Crosswinds
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About This Home

MLS# 7114340 - Built by Century Communities - Jan 2027 completion! ~ Boasting space, style, and a 3-car garage, the Geneva plan at Crosswinds is a real gem! The light-filled great room flows into a dining area and a well-equipped kitchen with a center island and a walk-in pantry, creating the perfect layout for gathering and entertaining. Adjacent, the spacious primary suite offers a large walk-in closet and a private bath. Three additional bedrooms, a centrally located bathroom and laundry, and a 3-car garage complete this attractive plan.

At $239/sqft, this home is priced 32% above the Kyle active market average of $181/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

187 Paddle Wheel Path, Kyle, TX 78640

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Property Details

Price $480,340
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,013 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $239/sqft
Days on Market ,
HOA $593/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250245772
List Date October 19, 2026
Elementary School Ralph Pfluger
Middle School Armando Chapa
High School Lehman
School District HaysCONSISD

School District

HaysCONSISD

Ralph Pfluger · Armando Chapa · Lehman

Have Questions About This Property?

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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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 · October 19, 2026 $475,990
Current ask $480,340
▲ Increased $4,350 (+0.9%) 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
141 Paddle Wheel Path
Crosswinds $482,380 $240 4 bd / 3 ba 2,013 sqft , 2026-10-19
445 Bay Breeze Dr
Crosswinds $499,900 $211 4 bd / 3 ba 2,373 sqft , 2026-08-20
196 Paddle Wheel Path
Crosswinds $499,990 $204 4 bd / 3 ba 2,449 sqft , 2026-10-21
177 Paddle Wheel Path
Crosswinds $502,685 $205 4 bd / 3 ba 2,449 sqft , 2026-10-21
151 Paddle Wheel Path
Crosswinds $515,990 $194 5 bd / 3 ba 2,656 sqft , 2026-10-21

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
$2,306/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
$96,068
20% conventional investment loan

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

Estimated Gross Rent+$2,306
Principal + Interest−$2,621
Property Tax (assumed ~2.1%)−$841
Insurance (assumed ~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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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Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 · 41 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. The written content was last updated on November 10, 2026.

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

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