Active Listing  ·  56 days on market

208 Martha Ln

Kyle, TX 78640
$299,000
3 Bed 3 Bath 1,749 sqft $171/sqft Built 2020 0.08 acres 2-Car Garage Pool Plum Creek Ph I Sec 4B

Welcome to 208 Martha Ln, a charming home nestled in the Plum Creek community of Kyle. This 3 bedroom, 2.5 bath home offers an inviting open floor plan, multiple living areas, and a spacious primary suite with access to a large balcony overlooking the golf course. You can also enjoy lake views from your driveway, a large covered front porch, and convenient access to Plum Creek’s many community amenities, including multiple parks, trails, two swimming pools, a dog park, lake fishing, playgrounds, and more. Conveniently located near shopping, dining, and major roadways, this home offers a wonderful combination of comfort, views, and community living.

At $171/sqft, this home is 6% 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 Martha Ln, Kyle, TX 78640

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,749 sqft
Lot Size 0.08 acres (3,528.36 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Plum Creek Ph I Sec 4B
County Hays
Zip Code 78640
$/sqft $171/sqft
Days on Market ,
HOA $172/Quarterly
Annual Tax Est. $8,351.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246983242
List Date September 17, 2026
Elementary School Laura B Negley
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Laura B Negley · R C Barton · Jack C Hays

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
616 Scheel None
Plum Creek
$299,000 $129 3 bd / 3 ba 2,316 sqft , 2026-05-08
4985 Hartson None
Plum Creek Ph 1 Sec 2H
$299,900 $217 3 bd / 2 ba 1,379 sqft , 2026-10-29
124 Tenny Ln
Sage Hollow
$299,999 $209 3 bd / 2 ba 1,434 sqft , 2026-06-11
168 Alexander None
Plum Creek Ph 1 Sec 6H-2
$300,000 $159 3 bd / 3 ba 1,881 sqft , 2026-07-31
232 Tenny Ln
Sage Hollow
$304,999 $198 3 bd / 2 ba 1,537 sqft , 2026-06-22

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 (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (assumed ~2.1%)−$523
Insurance (assumed ~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 · 41 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. The written content was last updated on October 9, 2026.

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

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