Active Listing  ·  137 days on market

228 Basket Flower Loop

Kyle, TX 78640
$499,900
4 Bed 3 Bath 2,527 sqft $198/sqft Built 2026 0.12 acres 2-Car Garage Pool 6 Creeks

Private home office with French doors embraces the two-story entry. Past the stairwell you enter into the kitchen featuring a 5- burner gas cooktop, an island with built-in seating and a walk-in pantry. The dining area boasts three large windows allowing ample natural light. The family room with extended ceilings and a wall of windows leads out to the covered backyard patio. The primary bedroom has three large windows. The primary bathroom features dual vanities, a garden tub, glass enclosed shower, and two walk-in closets. Upstairs you will find the large game room. Secondary bedrooms featuring ample storage and a shared bathroom complete the second level. A secluded guest suite with private bathroom is located off the kitchen. The utility room is centrally located off the living space. The mud room is off of the two-car garage.

At $198/sqft, this home is priced 9% above the Kyle active market average of $181/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

228 Basket Flower Loop, Kyle, TX 78640

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,527 sqft
Lot Size 0.12 acres (5,375.3 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision 6 Creeks
County Hays
Zip Code 78640
$/sqft $198/sqft
Days on Market ,
HOA $1,100/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229363619
List Date May 8, 2026
Elementary School Jim Cullen
Middle School R C Barton
High School Jack C Hays
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 8, 2026 $597,900
Previous ask $501,900
Current ask $499,900
Reduced $98,000 (-16.4%) 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
126 Basket Flower Loop
6 Creeks
$499,900 $207 4 bd / 3 ba 2,410 sqft , 2026-03-26
277 Basket Flower Loop
6 CREEKS
$499,900 $201 4 bd / 4 ba 2,488 sqft , 2026-05-28
128 Fawn River Run
6 Creeks Ph 1 Sec 2
$499,900 $184 4 bd / 4 ba 2,714 sqft , 2026-08-14
214 Prickly Poppy Loop
6 Creeks
$499,840 $182 4 bd / 3 ba 2,749 sqft , 2026-02-11
242 Five Mile Creek Way
6 Creeks
$499,990 $169 4 bd / 3 ba 2,965 sqft , 2026-03-09

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 September 16, 2026.

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