Active Listing  ·  7 days on market

220 Rummel Dr

Kyle, TX 78640
$240,000
3 Bed 2 Bath 1,359 sqft $177/sqft Built 2010 0.15 acres 2-Car Garage Pool Waterleaf Ph B Sec 3B

Welcome to this charming 3-bedroom, 2-bathroom, single-story home that blends modern appeal with everyday comfort! The thoughtfully designed layout features an inviting kitchen with a breakfast bar and dining area, making it easy to enjoy casual meals or entertain guests. The spacious primary suite offers a peaceful place to unwind, while the two secondary bedrooms are situated on the opposite side of the home for added privacy.

Step outside to a fully fenced backyard with plenty of space for entertaining, gardening, or enjoying a quiet evening outdoors. The covered patio is an added bonus, with ceiling fan connections already in place so you can create the perfect outdoor retreat.

The home also includes a new oven and dishwasher, along with a water softener and filtration system. Beyond the home itself, the community offers amenities for all, including a swimming pool, splash park, basketball court, volleyball court, and playground. A nearby public park provides even more opportunities for recreation and outdoor fun.

Whether you're looking for a comfortable place to settle in or a home with great spaces to gather and enjoy, this property offers a wonderful combination of functionality, outdoor enjoyment, and community amenities. Come see all it has to offer!

At $177/sqft, this home is priced in line with the Kyle market average of $181/sqft across 566 active listings. View Austin market report →

Location

220 Rummel Dr, Kyle, TX 78640

Property Details

Price $240,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,359 sqft
Lot Size 0.15 acres (6,586.27 sqft)
Year Built 2010
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf Ph B Sec 3B
County Hays
Zip Code 78640
$/sqft $177/sqft
Days on Market ,
HOA $31.5/Monthly
Annual Tax Est. $6,372.84
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249704240
List Date October 16, 2026
Elementary School Tobias
Middle School D J Red Simon
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
172 Discovery None
Post Oak Ph One
$239,990 $140 3 bd / 3 ba 1,710 sqft , 2026-05-15
260 Cushman Dr
Waterleaf Ph B Sec 4
$243,990 $145 3 bd / 2 ba 1,677 sqft , 2026-08-28
151 Shiro Dr
Bunton Creek Reserve Ph 2
$244,900 $159 3 bd / 2 ba 1,536 sqft , 2026-06-19
136 Atlantis None
Post Oak Ph 2
$244,900 $152 3 bd / 2 ba 1,616 sqft , 2026-08-21
270 Cushman Dr
Waterleaf Ph B Sec 4
$235,000 $153 3 bd / 2 ba 1,536 sqft , 2026-07-24

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
$1,152/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
$48,000
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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 22, 2026.

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