Active Listing  ·  92 days on market

238 Bay Breeze Dr

Kyle, TX 78640
$297,900
3 Bed 2 Bath 1,487 sqft $200/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Crosswinds

MLS# 5812415 - Built by Pacesetter Homes - Ready Now! ~ Welcome to a beautifully designed home that blends comfort, functionality, and easy living. A large covered front porch creates an inviting first impression, perfect for relaxing and enjoying the neighborhood. Inside, the kitchen is the heart of the home, offering extensive cabinetry and storage, a spacious island, and a walk-in pantry, all while opening seamlessly to the living and dining areas—ideal for entertaining or everyday life. The thoughtfully designed primary suite features a large walk-in closet and a well-appointed bathroom with a double vanity and a walk-in shower. With all rooms conveniently located on the same level, this home offers effortless flow and accessibility. Step outside to enjoy the covered back patio, perfect for outdoor dining or unwinding at the end of the day.

At $200/sqft, this home is priced 10% 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

238 Bay Breeze Dr, Kyle, TX 78640

Property Details

Price $297,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,487 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $200/sqft
Days on Market ,
HOA $575/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240848136
List Date July 22, 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 →

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 · July 22, 2026 $329,900
Previous ask $299,900
Current ask $297,900
▼ Reduced $32,000 (-9.7%) 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
199 Tailwind Dr
Crosswinds Ph One
$299,900 $182 3 bd / 2 ba 1,651 sqft , 2026-08-24
234 Queen Topsail Way
Crosswinds
$299,900 $164 3 bd / 3 ba 1,824 sqft , 2026-09-25
526 Elephant Island Loop
Crosswinds
$299,999 $195 3 bd / 2 ba 1,537 sqft , 2026-06-04
361 Bridge Deck Loop
Crosswinds
$294,320 $186 3 bd / 2 ba 1,580 sqft , 2026-09-17
638 Tailwind Dr
Crosswinds
$305,942 $194 3 bd / 2 ba 1,580 sqft , 2026-09-08

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
$1,430/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
$59,580
20% conventional investment loan

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

Estimated Gross Rent+$1,430
Principal + Interest−$1,626
Property Tax (~2.1% TX avg)−$521
Insurance (~0.5%)−$124
Est. Monthly Cash Flow $-841

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

More Luxury Homes in Kyle

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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 October 16, 2026.

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