Active Listing  ·  118 days on market

201 Elmer Cv

Kyle, TX 78640
$249,900
3 Bed 2 Bath 1,364 sqft $183/sqft Built 2001 0.15 acres 2-Car Garage Pool Steeplechase Sub Ph Iii Sec 5
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About This Home

Charming and move-in ready, this 3-bedroom, 2-bath home welcomes you from the moment you arrive—starting with the inviting robin’s egg blue front door. Inside, you’ll find freshly painted Alabaster white walls paired with new vinyl plank flooring and cozy new carpet in the bedrooms, creating a bright and comfortable feel throughout. The recently updated roof offers peace of mind, while the backyard shed provides extra storage or workspace. Conveniently located near Kyle Parkway, you’re just minutes from shopping, dining, and everyday essentials.

At $183/sqft, this home is priced in line with the Kyle market average of $186/sqft across 591 active listings. View Austin market report →

Location

201 Elmer Cv, Kyle, TX 78640

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Property Details

Price $249,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,364 sqft
Lot Size 0.15 acres (6,721.31 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steeplechase Sub Ph Iii Sec 5
County Hays
Zip Code 78640
$/sqft $183/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,432.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227850253
List Date April 28, 2026
Elementary School Susie Fuentes
Middle School Armando Chapa
High School Lehman
School District ,

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 · April 28, 2026 $259,900
Previous ask $258,900
Current ask $249,900
▼ Reduced $10,000 (-3.8%) 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
359 Bloomsbury Dr
Kensington Trails Sec 4A $250,000 $155 3 bd / 3 ba 1,616 sqft , 2026-03-16
3073 Winding Creek Rd
Casetta Ranch $253,780 $213 3 bd / 2 ba 1,191 sqft , 2025-02-19
141 Fabion St
Casetta Ranch Sec 1 $245,000 $137 3 bd / 3 ba 1,789 sqft , 2025-07-15
2963 Winding Creek Rd
Casetta Ranch $244,990 $206 3 bd / 2 ba 1,191 sqft , 2025-07-09
3051 Winding Creek Rd
Casetta Ranch $244,990 $206 3 bd / 2 ba 1,191 sqft , 2025-02-26

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
$1,200/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
$49,980
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$437
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-705

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 20, 2026.

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