Active Listing  ·  100 days on market

231 Palestine Trl

Kyle, TX 78640
$249,990
3 Bed 2 Bath 1,325 sqft $189/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction TALAVERA

Step into the Anderson, a single-story home that offers 1,325 square feet of living space in our Talavera community in Kyle, TX. The Anderson is the perfect place to call home with a two-car garage, three bedrooms and two bathrooms.

When you enter the home step into a long hallway taking you past the two spare bedrooms and full bathroom. As you enter into the heart of the home you are greeted with the open kitchen dining and living room. The kitchen features a large kitchen island, and stainless steel appliances. The main bedroom, bedroom 1, is just off the living room at the back of the home offering privacy. Bedroom 1 features a large ensuite with a large walk in closet and shower.

This home comes included with a professionally designed landscape package and our America's Smart Home package that offers devices such as the Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat, a Smart Light Switch, Kwikset Smart lock, and more.

Images are representative of plan and may vary as built. Contact us today and find your home at Talavera.

At $189/sqft, this home is priced 4% 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

231 Palestine Trl, Kyle, TX 78640

Property Details

Price $249,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,325 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TALAVERA
County Hays
Zip Code 78640
$/sqft $189/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242316384
List Date August 4, 2026
Elementary School Susie Fuentes
Middle School Armando Chapa
High School Lehman
School District HaysCONSISD

HaysCONSISD

Susie Fuentes · Armando Chapa · Lehman

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 · August 4, 2026 $277,990
Current ask $249,990
▼ Reduced $28,000 (-10.1%) 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
311 Palestine Trl
TALAVERA
$249,990 $170 4 bd / 2 ba 1,470 sqft , 2026-10-06
3073 Winding Creek Rd
Casetta Ranch
$253,780 $213 3 bd / 2 ba 1,191 sqft , 2025-02-19
241 Palestine Trl
TALAVERA
$253,990 $173 4 bd / 2 ba 1,470 sqft , 2026-08-13
3043 Winding Creek Rd
Casetta Ranch
$254,545 $192 3 bd / 2 ba 1,326 sqft , 2025-09-04
164 Regent Cv
Kensington Trails Sec 4B
$245,000 $139 4 bd / 3 ba 1,764 sqft , 2026-10-20

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
$1,200/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
$49,998
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (assumed ~2.1%)−$437
Insurance (assumed ~0.5%)−$104
Est. Monthly Cash Flow $-705

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 November 3, 2026.

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

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