Active Listing  ·  63 days on market

230 Madrid St

Kyle, TX 78640
$385,900
4 Bed 3 Bath 2,532 sqft $152/sqft Built 2022 0.15 acres 2-Car Garage Pool Plum Creek Ph 2 Sec 1

This beautiful 4-bedroom, 2.5-bath home in the sought-after Plum Creek North community of Kyle, TX is a must-see! Step outside to a thoughtfully landscaped backyard with a covered patio and an enchanting fire pit area—ready for summer nights with friends and family.

Enjoy the best of a quiet suburban lifestyle with everyday conveniences close by—walk or bike to schools, Sprouts, the community park & pool, trails, Shelton Stadium, HCISD Performing Arts Center, and nearby favorites like La Verde Park and Heroes Memorial Park. La Verde Park is a standout destination with an All-Abilities Playground, splash pad, dog park, sand volleyball court, performance pavilion, event lawn (approx. 2,200 capacity), market spaces, plus pergolas/shade structures, picnic tables, and BBQ grills—perfect for weekend fun and community events. Plus, you’re just 5 minutes to H-E-B and a wide variety of restaurants.

Inside, the main level features a private primary suite with en suite bath, an open-concept living space, a convenient laundry room, and a kitchen with an island and double sink, plus a front flex room ideal for dining, a study, or home office. Upstairs you’ll find three additional bedrooms, a full bath, and an oversized game/play/party room.

Notable features include leased solar panels, a Leaf water treatment system, Ring doorbell, gas cooking, and a 240 AMP outlet for an EV charger in the garage. Plenty of storage throughout with two linen closets, a walk-in pantry, and extra garage storage space.

See the floor plan and more in the virtual tour!

At $152/sqft, this home is 18% below the Kyle active market average of $186/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 $385,900
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 ,

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 $405,000
Current ask $385,900
Reduced $29,100 (-7.0%) 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
300 Jeffers None
PLUM CREEK PHASE 2 SECTION 3, BLOCK D, Lot 5, ACRE
$379,990 $165 4 bd / 3 ba 2,303 sqft , 2026-07-20
1444 Harwell Loop
Plum Creek Ph 1 Sec 6H- 1
$379,900 $156 5 bd / 3 ba 2,442 sqft , 2025-04-15
185 PARSONS None
Plum Creek North
$393,999 $158 5 bd / 3 ba 2,499 sqft , 2026-05-14
147 ANNETTE None
Plum Creek North
$393,999 $158 5 bd / 3 ba 2,499 sqft , 2026-07-17
167 ANNETTE None
Plum Creek North
$393,999 $158 5 bd / 3 ba 2,499 sqft , 2026-08-12

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
$1,852/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
$77,180
20% conventional investment loan

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

Estimated Gross Rent+$1,852
Principal + Interest−$2,106
Property Tax (~2.1% TX avg)−$675
Insurance (~0.5%)−$161
Est. Monthly Cash Flow $-1,090

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 19, 2026.

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