Active Listing  ·  62 days on market

203 Balmorehea St

Kyle, TX 78640
$284,500
3 Bed 2 Bath 1,291 sqft $220/sqft Built 2026 0.17 acres 2.5-Car Garage Pool New Construction TALAVERA

*5% lender incentive offered with the use of the seller’s in-house lender! Incentive may be used towards buyer closing costs and/or rate buy-down, subject to lender approval and buyer qualification. Step into the Abbot at Talavera in Kyle, TX, one of our floorplans featuring a seamless open concept design. The Abbot offers 1,291 square feet of living space across 3 bedrooms, 2 bathrooms, and a 2-car garage. As you enter the home, you are greeted by the open kitchen and living area with windows that let in plenty of natural light. The kitchen features quartz countertops, recessed lighting, and a large kitchen island. Off the kitchen towards the front of the home if the inviting dining room. The 2 secondary bedrooms and a full bathroom are located off the kitchen. Making your way into the living room you will find the main bedroom, bedroom 1, located off the family room and features an adjoined bathroom with a luxurious walk-in shower, and a walk-in closet. This home comes included with a professionally designed landscape package and an irrigation system as well as our Home is Connected® base package that offers devices such as offers devices such as the Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat, Deako Smart Light Switch, Kwikset Smart lock, and more.

At $220/sqft, this home is priced 18% above the Kyle active market average of $186/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

203 Balmorehea St, Kyle, TX 78640

Property Details

Price $284,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,291 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 2026
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TALAVERA
County Hays
Zip Code 78640
$/sqft $220/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232515486
List Date June 3, 2026
Elementary School Susie Fuentes
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 →

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
450 Mountain Pea Rd
SOUTHGROVE
$284,960 $191 3 bd / 2 ba 1,489 sqft , 2026-07-17
124 Greenbelt Reservoir Pass
Talavera Ph 1
$284,000 $167 3 bd / 3 ba 1,701 sqft , 2026-02-12
448 Nottingham Loop
Kensington Trails Sec 3B
$285,900 $208 3 bd / 2 ba 1,376 sqft , 2026-05-12
257 Fossil Dr
Limestone Creek Sub Ph 1
$283,000 $167 4 bd / 2 ba 1,690 sqft , 2026-07-04
213 STARK None
Plum Creek North
$282,999 $177 4 bd / 3 ba 1,602 sqft , 2026-07-17

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
$1,366/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
$56,900
20% conventional investment loan

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

Estimated Gross Rent+$1,366
Principal + Interest−$1,553
Property Tax (~2.1% TX avg)−$498
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-804

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

More Luxury Homes in Kyle

Loading…
View All Luxury Homes →