Active Listing  ·  143 days on market

230 Madrid St

Kyle, TX 78640
$384,500
4 Bed 3 Bath 2,532 sqft $152/sqft Built 2022 0.15 acres 2-Car Garage Pool Plum Creek Ph 2 Sec 1

OFFERING BUYER INCENTIVES! Call agent for details!

This beautiful 4-bedroom, 2.5-bath solar-powered home in the highly sought-after Plum Creek North community of Kyle, TX is an absolute must-see. Combining premium modern upgrades with unbeatable neighborhood convenience, this turnkey property is designed for effortless living and entertaining. Property Highlights:

Outdoor Oasis: A fenced backyard featuring $6,000 in landscape improvements, a covered patio, and an enchanting custom fire pit area.

Smart Layout: The main level boasts a private primary suite, an open-concept living area, and a versatile front flex room (ideal for an office or formal dining).

Upstairs Entertainment: Three spacious secondary bedrooms, a full bath, and an oversized game room perfect for play or parties.

Tons of Storage: Extra space in the garage, walk-in pantry, and multiple linen closets, plus spacious bedroom closets means there's room for all your stuff!

Premium Upgrades: Equipped with a $4,000 Leaf water softener system, Ring doorbell system, gas cooking, and a 240 AMP outlet for your EV charger in the garage.

Appliance package: Modern stainless steel fridge and energy-efficient washer/dryer set can convey!

Eco-Friendly Savings: Rooftop solar panels offer documented energy cost savings! Full solar savings documentation available in the MLS.

Location & Lifestyle :Enjoy premium suburban living and accessibillity to both Austin and San Antonio. You're just 5 minutes from H-E-B and local dining. Walk or bike to schools, Sprouts, trails, stadium, PAC, and community pool. Conveniently close is the incredible La Verde Park, which features an all-abilities playground, splash pad, dog park, sand volleyball, and performance pavilion.

See the floor plan and photos and schedule an in-person tour today!

At $152/sqft, this home is 16% 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

230 Madrid St, Kyle, TX 78640

Property Details

Price $384,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,532 sqft
Lot Size 0.15 acres (6,538.36 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Plum Creek Ph 2 Sec 1
County Hays
Zip Code 78640
$/sqft $152/sqft
Days on Market ,
HOA $71.5/Monthly
Annual Tax Est. $10,527.35
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236417353
List Date June 22, 2026
Elementary School Laura B Negley
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Laura B Negley · 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.

Schedule a Call →

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 · June 22, 2026 $415,000
Previous ask $384,900
Current ask $384,500
▼ Reduced $30,500 (-7.3%) 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
175 Patagonia None
Plum Creek Ph 2 Sec 2
$360,000 $187 4 bd / 2 ba 1,928 sqft , 2026-09-04
261 ANNETTE None
Plum Creek North
$349,499 $140 4 bd / 2 ba 2,499 sqft , 2026-10-26
167 ANNETTE None
Plum Creek North
$346,499 $139 4 bd / 2 ba 2,499 sqft , 2026-08-12
201 Mendoza None
Plum Creek Ph 2 Sec 2
$344,999 $135 4 bd / 3 ba 2,547 sqft , 2026-10-13
1269 Nevarez None
Plum Creek Ph I Sec 6B-3
$429,999 $144 5 bd / 4 ba 2,991 sqft , 2026-03-10

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
$1,846/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
$76,900
20% conventional investment loan

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

Estimated Gross Rent+$1,846
Principal + Interest−$2,098
Property Tax (assumed ~2.1%)−$673
Insurance (assumed ~0.5%)−$160
Est. Monthly Cash Flow $-1,085

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 14, 2026.

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

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