Active Listing  ·  61 days on market

240 Simon None

Kyle, TX 78640
$309,900
3 Bed 3 Bath 1,795 sqft $173/sqft Built 2018 0.06 acres 2-Car Garage Pool Plum Creek Ph 1 Sec 6H- 1

Fantastic free-standing home in the desirable gated section of Plum Creek in Kyle, offering low-maintenance living, modern comfort, and exceptional convenience! This nearly new construction home has been meticulously maintained and showcases pride of ownership throughout. Inside, you'll find a bright open floor plan with high ceilings, abundant natural light, and a kitchen that opens seamlessly to the living and dining areas with easy access to the covered patio, creating an inviting space for both everyday living and entertaining. The spacious primary suite serves as a private retreat with plenty of room to relax, while the thoughtful layout maximizes functionality and comfort. With a second living area upstairs, you've got a flex space for the kiddos or working from home. Designed for those who prefer less upkeep and more enjoyment, the property features minimal yard maintenance without sacrificing curb appeal and best of all, a LOW HOA. Residents enjoy easy access to the renowned Plum Creek Golf Course, a community park and pool for those sunny Texas summers, nearby Costco, shopping, dining, and everyday conveniences. Families will appreciate the proximity to highly regarded schools including Negley Elementary and Barton Middle School. Combining a secure gated setting, move-in-ready condition, and a prime location in one of Kyle’s most sought-after communities, this home is an outstanding opportunity for buyers seeking comfort, convenience, and a lock-and-leave lifestyle.

At $173/sqft, this home is 7% 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

240 Simon None, Kyle, TX 78640

Property Details

Price $309,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,795 sqft
Lot Size 0.06 acres (2,448.07 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Plum Creek Ph 1 Sec 6H- 1
County Hays
Zip Code 78640
$/sqft $173/sqft
Days on Market ,
HOA $453.34/Quarterly
Annual Tax Est. $8,164.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232886256
List Date June 24, 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 24, 2026 $319,900
Current ask $309,900
Reduced $10,000 (-3.1%) 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
141 Morrell None
Plum Creek Ph I Sec 1-B
$305,000 $182 4 bd / 2 ba 1,680 sqft , 2026-04-24
627 Scheel Rd
Plum Creek Ph I Sec 2-E
$305,000 $207 3 bd / 3 ba 1,473 sqft , 2026-08-01
131 Santa Julia None
Plum Creek Ph 2 Sec 2
$318,500 $164 4 bd / 3 ba 1,943 sqft , 2026-03-15
5814 Negley None
Plum Creek Ph 01 Sec 01 A
$319,900 $153 4 bd / 3 ba 2,096 sqft , 2026-05-21
616 Scheel None
Plum Creek
$319,900 $138 3 bd / 3 ba 2,316 sqft , 2026-05-08

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
$1,488/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
$61,980
20% conventional investment loan

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

Estimated Gross Rent+$1,488
Principal + Interest−$1,691
Property Tax (~2.1% TX avg)−$542
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-874

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 15, 2026.

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