Active Listing  ·  4 days on market

201 Elbow Bush Cv

Kyle, TX 78640
$299,000
3 Bed 2 Bath 1,521 sqft $197/sqft Built 2022 0.18 acres 2-Car Garage Pool Southgrove

Welcome to this beautifully upgraded 2023-built home tucked away on a private cul-de-sac lot in Southgrove. Thoughtfully enhanced after construction, this home offers the benefits of newer construction with upgrades and finishes that go well beyond the standard builder package. The kitchen features stainless steel gas appliances, upgraded hardware, and a whole-home water softener, while the spacious primary suite offers a customized walk-in closet with added cabinetry for exceptional storage. Additional improvements continue throughout the property, including a professionally installed ADT security system with a video doorbell, door and window sensors, and smoke/CO detection. The garage features a professionally sealed floor, while the private backyard has been thoughtfully landscaped with stone flower beds, tree retaining walls, an enhanced rear landscape wall with string lighting, a raised garden bed, and a storage shed on a professionally installed base. Enjoy Southgrove amenities including a community pool, playground, outdoor grills, picnic areas, and gathering spaces. Conveniently located with easy access to I-35, shopping, dining, and everyday conveniences, while keeping you within 30 minutes of both Austin and San Marcos. With its newer construction, extensive upgrades, private cul-de-sac setting, and low-maintenance lifestyle, this Southgrove home is ready for its next owner.

At $197/sqft, this home is priced 9% 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

201 Elbow Bush Cv, Kyle, TX 78640

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,521 sqft
Lot Size 0.18 acres (7,749.32 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southgrove
County Hays
Zip Code 78640
$/sqft $197/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. $6,437
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247162908
List Date September 18, 2026
Elementary School Camino Real
Middle School McCormick
High School Johnson High School
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.

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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
550 Nautical Loop
Crosswinds Ph One
$299,777 $221 3 bd / 2 ba 1,358 sqft , 2026-08-15
574 W Nautical Loop
Crosswinds Ph One
$300,000 $162 3 bd / 3 ba 1,848 sqft , 2026-06-15
606 Biscayne Bay Bnd
Crosswinds Ph 3A
$300,000 $151 3 bd / 3 ba 1,982 sqft , 2026-08-05
484 Spider Lily Dr
Southgrove
$297,500 $170 3 bd / 3 ba 1,753 sqft , 2026-06-11
638 Tailwind Dr
Crosswinds
$303,942 $192 3 bd / 2 ba 1,580 sqft , 2026-09-08

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 September 19, 2026.

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