Active Listing  ·  18 days on market

231 Spinnaker Loop

Kyle, TX 78640
$289,999
3 Bed 2 Bath 1,591 sqft $182/sqft Built 2020 0.18 acres 2-Car Garage Pool Crosswinds Ph Two

Come and see this amazing three-bedroom, two-bathroom home in Kyle, TX! Built in 2020, this charming residence offers modern amenities and a welcoming atmosphere. Inside, you'll find an inviting open floor plan that seamlessly connects the living, kitchen, and dining areas, creating the perfect space for everyday living. Each bedroom features a walk-in closet, providing ample storage and personal space. The primary bedroom is separated from the other two bedrooms for added privacy. The heart of the home is the inviting kitchen, with abundant counter space, cabinets, and updated lighting, perfect for cooking and entertaining. Step outside to relax on the cozy covered patio with views of a spacious, fully fenced backyard, ensuring a clutter-free living environment. The neighborhood features a pool, walking trails, and a playground within a short 5-minute walk from the house, perfect for relaxation and recreation.

At $182/sqft, this home is priced in line with the Kyle market average of $186/sqft across 567 active listings. View Austin market report →

Location

231 Spinnaker Loop, Kyle, TX 78640

Property Details

Price $289,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,591 sqft
Lot Size 0.18 acres (7,666.56 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds Ph Two
County Hays
Zip Code 78640
$/sqft $182/sqft
Days on Market ,
HOA $575/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239912395
List Date July 17, 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.

Schedule a Call →

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
113 Screech Owl Dr
Meadows At Kyle Ph Four
$289,999 $186 3 bd / 2 ba 1,562 sqft , 2026-07-08
344 Coronado Ln
Coronado Hills Sec 1
$289,999 $136 4 bd / 3 ba 2,128 sqft , 2026-07-11
1181 Violet Ln
Bunton Creek Ph 6B
$290,000 $136 4 bd / 2 ba 2,134 sqft , 2025-07-04
444 Mountain Pea Rd
SOUTHGROVE
$289,960 $189 3 bd / 2 ba 1,534 sqft , 2026-06-24
1148 Amberwood Loop
Indian Paintbrush Sec 4B
$289,900 $156 4 bd / 2 ba 1,855 sqft , 2026-07-06

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
$1,392/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
$58,000
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,583
Property Tax (~2.1% TX avg)−$507
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-819

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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