Active Listing  ·  99 days on market

199 Five Mile Creek Way

Kyle, TX 78640
$445,000
4 Bed 3 Bath 2,485 sqft $179/sqft Built 2023 0.19 acres 2-Car Garage Pool 6 Creeks Ph 1 Sec 7

Space, flexibility, and privacy come together in this thoughtfully designed 4 bedroom, 3 bath home in one of Kyle's most desirable communities. Inside, you'll find a dedicated office, a media room, and an open floor plan that makes everyday living feel effortless. Tall ceilings, abundant natural light, and a seamless flow between the kitchen, dining, and living areas create a space that's both inviting and functional. The kitchen is truly the heart of the home, featuring a large island, quartz countertops, a gas cooktop, and plenty of cabinet space. Whether you're preparing a weeknight meal or hosting friends and family, this space was designed to bring everyone together.

The spacious primary suite offers a peaceful retreat with a beautiful ensuite bath and a large walk-in closet. Three additional bedrooms, a dedicated office, and a media room or provide the flexibility to fit your lifestyle, whether you're working from home, entertaining, or simply need room to spread out. Step outside to the covered patio and enjoy the privacy of no rear neighbors. The backyard offers plenty of space to relax, grill, or let kids and pets play. Living in 6 Creeks means enjoying resort-style amenities, including a luxury pool, pickleball courts, walking trails, catch-n-release pond, playgrounds, and beautiful green spaces—all just minutes from shopping, dining, and everything Kyle has to offer. If you've been looking for a home that offers space, privacy, and a floor plan that truly works for everyday life, this one is definitely worth seeing. This is a short sale. Please call with any questions.

At $179/sqft, this home is priced in line with the Kyle market average of $181/sqft across 539 active listings. View Austin market report →

Location

199 Five Mile Creek Way, Kyle, TX 78640

Property Details

Price $445,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,485 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision 6 Creeks Ph 1 Sec 7
County Hays
Zip Code 78640
$/sqft $179/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. $10,698.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242310155
List Date August 5, 2026
Elementary School Jim Cullen
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Jim Cullen · R C Barton · Jack C Hays

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
294 Kimble Creek Loop
6 Creeks
$444,000 $227 4 bd / 3 ba 1,954 sqft , 2026-06-17
277 Basket Flower Loop
6 CREEKS
$449,900 $181 4 bd / 4 ba 2,488 sqft , 2026-05-28
234 High Rock Pass
6 Creeks
$449,900 $184 4 bd / 3 ba 2,444 sqft , 2026-07-03
314 Cypress Forest Dr
Cypress Forest
$439,000 $147 4 bd / 4 ba 2,981 sqft , 2026-09-04
202 Muddy Creek Way
6 Creeks Ph 1 Sec 13B
$425,000 $206 3 bd / 3 ba 2,066 sqft , 2026-10-15

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
$2,136/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
$89,000
20% conventional investment loan

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

Estimated Gross Rent+$2,136
Principal + Interest−$2,429
Property Tax (assumed ~2.1%)−$779
Insurance (assumed ~0.5%)−$185
Est. Monthly Cash Flow $-1,257

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 · 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 October 22, 2026.

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

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