About This Home

The Topaz home features two spacious bedrooms, two full bathrooms & a study!

At $228/sqft, this home is priced 23% 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

217 Everglades Dr, Kyle, TX 78640

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Property Details

Price $264,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,157 sqft

Lot Size 0.13 acres (5,850.11 sqft)

Year Built 2024

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Paramount

County Hays

Zip Code 78640

$/sqft $228/sqft

Days on Market ,

HOA $420/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT136341837

List Date October 31, 2024

Elementary School Kyle

Middle School Laura B Wallace

High School Jack C Hays

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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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

281 Texas Agate Dr
Waterstone Crossing $261,990 $206 3 bd / 2 ba 1,273 sqft , 2026-02-05

380 Kenai Dr
Paramount $268,000 $232 3 bd / 2 ba 1,157 sqft , 2026-05-14

360 Witchhazel Way
Blanco Vista Tr M-2 $259,000 $190 3 bd / 3 ba 1,364 sqft , 2026-06-01

171 Acadia Dr
Paramount $250,000 $161 3 bd / 2 ba 1,549 sqft , 2026-04-02

258 Texas Agate Dr
Waterstone Crossing $246,990 $211 3 bd / 3 ba 1,172 sqft , 2026-04-09

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

$1,267/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

$52,800

20% conventional investment loan

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

Estimated Gross Rent+$1,267

Principal + Interest−$1,441

Property Tax (~2.1% TX avg)−$462

Insurance (~0.5%)−$110

Est. Monthly Cash Flow $-746

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

About the Author

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 July 13, 2026.

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

217 Everglades Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

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