Active Listing  ·  106 days on market

205 Granary Dr

Kyle, TX 78640
$228,500
3 Bed 2 Bath 1,323 sqft $173/sqft Built 2022 0.11 acres 2-Car Garage Pool Harvest Creek Ph 1

Open floor plan. Island kitchen features stainless appliances, granite counters, and a breakfast bar. High ceilings. New faux wood flooring in the living area dining, and kitchen. New carpet in the bedrooms. Fresh paint. 2 inch blinds are included. Gutters. Covered patio.

At $173/sqft, this home is 7% 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

205 Granary Dr, Kyle, TX 78640

Property Details

Price $228,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,323 sqft
Lot Size 0.11 acres (4,878.72 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Harvest Creek Ph 1
County Hays
Zip Code 78640
$/sqft $173/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $5,620.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229385130
List Date May 10, 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.

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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
1576 Twin Cv
Bunton Creek Ph 4
$229,900 $143 3 bd / 3 ba 1,610 sqft , 2026-03-12
1480 Twin Cv
Bunton Creek Ph 4
$225,500 $177 3 bd / 2 ba 1,275 sqft , 2026-07-20
1616 Treeta Trl
Bunton Creek Ph 1-A
$232,900 $185 3 bd / 2 ba 1,262 sqft , 2026-05-22
850 Bunton Reserve Blvd
Bunton Creek Reserve Ph 1
$219,900 $183 3 bd / 2 ba 1,200 sqft , 2026-07-31
1579 Violet Ln
Bunton Creek Ph 6C
$238,000 $167 3 bd / 3 ba 1,426 sqft , 2026-06-04

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
$1,097/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
$45,700
20% conventional investment loan

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

Estimated Gross Rent+$1,097
Principal + Interest−$1,247
Property Tax (~2.1% TX avg)−$400
Insurance (~0.5%)−$95
Est. Monthly Cash Flow $-645

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

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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 May 11, 2026.

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