Active Listing  ·  217 days on market

208 Garner Dr

Kyle, TX 78640
$399,000
5 Bed 4 Bath 2,538 sqft $157/sqft Built 2022 0.19 acres 2-Car Garage Pool Paramount

Beautifully built in 2022, this upgraded two-story home offers 4 bedrooms, 3 full baths, and 2,538 sq ft of thoughtfully designed living space in the desirable Paramount community. The open-concept layout features high ceilings, abundant natural light, updated fixtures, and a modern kitchen with quartz countertops, gas cooking, a large island, and stylish finishes throughout. The primary suite on the main level provides a private retreat with a walk-in closet and double vanity, while upstairs offers flexible space for a game room, office, or second living area. A standout feature is the detached garage apartment with its own private entrance—ideal for generating rental income of approximately $700–$1,000/month, hosting guests, or multi-generational living, complete with a bedroom and full bath. Enjoy a covered front porch, rear patio, lush landscaping on a premium 75-foot lot, plus added perks like a water softener and ample storage. Conveniently located just minutes from I-35 with easy access to shopping, dining, and entertainment, this home offers the perfect blend of style, function, and income potential.

At $157/sqft, this home is 13% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

208 Garner Dr, Kyle, TX 78640

Property Details

Price $399,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,538 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paramount
County Hays
Zip Code 78640
$/sqft $157/sqft
Days on Market ,
HOA $420/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223237162
List Date March 20, 2026
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
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 →

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 · March 20, 2026 $435,000
Previous ask $419,000
Current ask $399,000
▼ Reduced $36,000 (-8.3%) 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
160 Fossil Dr
Waterstone Crossing
$396,990 $154 5 bd / 3 ba 2,585 sqft , 2026-10-15
141 Limestone Creek Way
Waterstone crossing
$396,990 $154 5 bd / 3 ba 2,585 sqft , 2026-10-15
510 DENALI Dr
PARAMOUNT
$401,990 $161 5 bd / 3 ba 2,492 sqft , 2026-05-14
181 Morgan Meadow Dr
Opal Ranch
$394,990 $146 5 bd / 3 ba 2,700 sqft , 2026-08-17
541 Yellowstone Dr
Paramount
$391,290 $172 4 bd / 3 ba 2,280 sqft , 2025-12-09

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 October 17, 2026.

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