Active Listing  ·  72 days on market

223 Rieber Rd

Kyle, TX 78640
$325,000
4 Bed 3 Bath 2,023 sqft $161/sqft Built 2024 0.10 acres 2-Car Garage Pool Sage Hollow

Four bedrooms, over 2,000 square feet, and priced at $332,500 in Sage Hollow! Built in 2024, this move-in-ready Kyle home offers the modern finishes and flexible living space you've been searching for, plus a seller willing to consider closing-cost assistance or a rate buydown.

Step inside to a bright, open floor plan featuring light oak-toned luxury vinyl plank flooring, an inviting living area, and a kitchen with crisp white cabinetry, quartz countertops, a soft sage subway tile backsplash, and a spacious island. Four bedrooms provide flexibility for guests, a home office, or hobbies, while the open living and dining spaces make everyday living and entertaining easy.

Outside, enjoy a covered patio and fenced, low-maintenance backyard without the upkeep of a large lot. The two-car garage features a Tesla charger, and the home is listed with a refrigerator, washer, and dryer. Sage Hollow amenities include a community pool, playground, and dog park, giving you even more ways to enjoy your time outside.

Shopping new construction in Kyle? This completed 2024 home offers four bedrooms, existing finishes, and the opportunity to explore seller concessions without waiting for a home to be built. Schedule your private showing today!

At $161/sqft, this home is 11% 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

223 Rieber Rd, Kyle, TX 78640

Property Details

Price $325,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,023 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sage Hollow
County Hays
Zip Code 78640
$/sqft $161/sqft
Days on Market ,
HOA $115/Monthly
Annual Tax Est. $8,650.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245242652
List Date September 1, 2026
Elementary School Jim Cullen
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Jim Cullen · 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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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 · September 1, 2026 $332,500
Current ask $325,000
▼ Reduced $7,500 (-2.3%) 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
281 Hutton Dr
Plum Creek Ph I Sec 3B
$325,000 $171 4 bd / 2 ba 1,902 sqft , 2026-05-29
259 Mendez Loop
Plum Creek Phase I Sec 2d
$325,000 $158 3 bd / 3 ba 2,053 sqft , 2026-09-05
773 Treadwell Ln
Sage Hollow
$324,999 $227 3 bd / 2 ba 1,434 sqft , 2026-06-22
191 Glocken Ln
Sage Hollow
$324,999 $211 3 bd / 2 ba 1,537 sqft , 2026-07-14
279 Rieber Rd
Sage Hollow
$324,999 $221 3 bd / 2 ba 1,468 sqft , 2026-08-17

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (assumed ~2.1%)−$569
Insurance (assumed ~0.5%)−$135
Est. Monthly Cash Flow $-918

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 16, 2026.

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

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