Active Listing  ·  169 days on market

224 Backstays Loop

Kyle, TX 78640
$338,000
4 Bed 3 Bath 2,072 sqft $163/sqft Built 2022 0.14 acres 2-Car Garage Pool Crosswinds Ph 5A/5B

*Short Sale* Beautiful 4-bedroom, 2.5-bath home in the highly sought-after Crosswinds community! This spacious open-concept floor plan offers plenty of room for entertaining and everyday living. The primary suite is conveniently located downstairs for added privacy and comfort, along with a large laundry room. The open kitchen features a gas stove, stainless steel appliances, and overlooks the main living and dining areas, creating the perfect gathering space. Upstairs, you’ll find a spacious bonus living area along with the other 3 bedrooms and second full bath. Step outside to enjoy the nice-sized backyard with a covered patio. Enjoy all the amenities of Crosswinds including walking trails, parks, and a community pool, all while being conveniently close to everything Kyle has to offer including shopping, dining, and entertainment. Don’t miss this opportunity to own a beautiful home in one of the area’s most desirable neighborhoods!

At $163/sqft, this home is 10% 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

224 Backstays Loop, Kyle, TX 78640

Property Details

Price $338,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,072 sqft
Lot Size 0.14 acres (5,950.3 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds Ph 5A/5B
County Hays
Zip Code 78640
$/sqft $163/sqft
Days on Market ,
HOA $575/Annually
Annual Tax Est. $10,707.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229194075
List Date May 7, 2026
Elementary School Ralph Pfluger
Middle School Armando Chapa
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.

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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 · May 7, 2026 $345,995
Current ask $338,000
▼ Reduced $7,995 (-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
179 Knots Lndg
Crosswinds Ph One
$335,000 $151 4 bd / 3 ba 2,218 sqft , 2026-04-17
277 Spinnaker Loop
Crosswinds Ph Two
$330,000 $188 3 bd / 2 ba 1,760 sqft , 2026-08-15
422 Backstays Loop
Crosswinds Ph 5A/5B
$328,500 $152 4 bd / 3 ba 2,159 sqft , 2026-08-28
208 Tailwind Dr
Crosswinds
$349,000 $161 3 bd / 3 ba 2,169 sqft , 2026-10-01
173 Queen Topsail Way
Crosswinds
$326,508 $139 4 bd / 3 ba 2,353 sqft , 2026-04-28

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
$1,622/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
$67,600
20% conventional investment loan

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

Estimated Gross Rent+$1,622
Principal + Interest−$1,845
Property Tax (~2.1% TX avg)−$592
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-956

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 · 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 August 6, 2026.

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