About This Home

The Ridgeland - This two-story home is host to a spacious open floorplan shared between the family room, dining room and kitchen on the first level, while the second floor is occupied by three bedrooms – including the luxurious owner’s suite featuring a private bathroom. Photos are for illustrative purposes only. Estimated Completion September 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $186/sqft, this home is priced in line with the Kyle market average of $187/sqft across 557 active listings. View Austin market report →

Location

231 STARK None, Kyle, TX 78640

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $264,999

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,427 sqft

Lot Size 0.09 acres (3,815.86 sqft)

Year Built 2026

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Plum Creek North

County Hays

Zip Code 78640

$/sqft $186/sqft

Days on Market ,

HOA $65/Monthly

Annual Tax Est. $1,181.81

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237494326

List Date June 24, 2026

Elementary School Laura B Negley

Middle School R C Barton

High School Jack C Hays

School District ,

Have Questions About This Property?

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

1257 Goforth Rd
Casetta Ranch $265,000 $150 3 bd / 3 ba 1,770 sqft , 2026-02-24

350 Fabion St
Casetta Ranch $265,000 $167 4 bd / 2 ba 1,589 sqft , 2026-02-24

198 Hogan None
Plum Creek Ph I Sec 2D $265,000 $184 3 bd / 2 ba 1,438 sqft , 2026-07-22

104 Calcite Rd #1
Waterstone Crossing $264,990 $155 3 bd / 3 ba 1,714 sqft , 2026-02-19

164 Regent Cv
Kensington Trails Sec 4B $264,900 $150 4 bd / 3 ba 1,764 sqft , 2026-04-10

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

$1,272/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

$53,000

20% conventional investment loan

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

Estimated Gross Rent+$1,272

Principal + Interest−$1,446

Property Tax (~2.1% TX avg)−$464

Insurance (~0.5%)−$110

Est. Monthly Cash Flow $-748

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 →

231 STARK None

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

231 STARK None

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

Explore Austin Real Estate