Active Listing  ·  34 days on market

1941 Amberwood Loop

Kyle, TX 78640
$215,000
3 Bed 2 Bath 1,603 sqft $134/sqft Built 2005 0.19 acres 2-Car Garage Pool Amberwood Ph 04

Great Opportunity in Amberwood – Short Sale

3 Bedrooms • 2 Bathrooms • Spacious Backyard • Community Pool

Don't miss this excellent opportunity to own a 3-bedroom, 2-bathroom home in the highly desirable Amberwood community of Kyle. Situated on a quiet, well-maintained street, this home offers a functional floor plan with generously sized bedrooms and a spacious primary suite featuring dual walk-in closets, a double vanity, and a walk-in shower with a built-in seat.

Step outside to an oversized backyard with an extended patio and no neighbors directly behind, providing added privacy and the perfect setting for entertaining, gardening, or simply relaxing.

This property is being offered as a short sale and presents an outstanding opportunity for buyers looking to build equity. While the home has deferred maintenance and could benefit from some updates and repairs, it offers solid potential for those ready to add their personal touches and make it their own.

Residents of Amberwood enjoy access to the community swimming pool and a convenient location with easy access to I-35, Downtown Austin, and Kyle's shopping, dining, parks, and entertainment.

At $134/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

1941 Amberwood Loop, Kyle, TX 78640

Property Details

Price $215,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,603 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Amberwood Ph 04
County Hays
Zip Code 78640
$/sqft $134/sqft
Days on Market ,
HOA $330/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240723042
List Date July 21, 2026
Elementary School Science Hall
Middle School Armando Chapa
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 · July 21, 2026 $229,999
Current ask $215,000
Reduced $14,999 (-6.5%) 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
137 Sawgrass Cir
Indian Paintbrush Ph 4A
$227,100 $162 3 bd / 2 ba 1,398 sqft , 2026-04-28
256 Poplarwood Dr
Amberwood Ph Four
$265,000 $129 4 bd / 3 ba 2,050 sqft , 2026-08-10
208 Buttercup Way
Indian Paintbrush Ph 3
$269,900 $145 4 bd / 2 ba 1,855 sqft , 2026-07-24
161 Collared Dove Cv
MEADOWS OF KYLE
$270,000 $206 3 bd / 2 ba 1,311 sqft , 2026-05-27
245 Peppergrass Cv
Indian Paintbrush Sec 4B
$279,000 $133 4 bd / 3 ba 2,101 sqft , 2026-02-20

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
$1,032/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
$43,000
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

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 August 3, 2026.

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