Active Listing  ·  27 days on market

242 Reveille Dr

Kyle, TX 78640
$355,000
3 Bed 2 Bath 1,482 sqft $240/sqft Built 2024 0.13 acres 2-Car Garage Pool Anthem Cottages Condo

Welcome to this beautifully designed 2024 single story home in the gated Anthem Cottages community! Offering 3 bedrooms, 2 bathrooms, and 1,482 square feet, this home combines modern finishes, functional design, and low maintenance living.

Step inside to an open concept layout where the living, dining, and kitchen spaces flow seamlessly together, creating the perfect setting for everyday living and entertaining. The kitchen is a standout with dark shaker style cabinetry, quartz countertops, stainless steel appliances, a spacious pantry, white subway tile backsplash, and a large center island with bar seating.

The private primary suite offers a relaxing retreat complete with a spacious walk in closet, double vanity, and sleek walk in shower. Two secondary bedrooms and a full bathroom provide flexibility for family, guests, or a home office.

Enjoy outdoor living under the covered patio with a private fenced backyard, perfect for relaxing, grilling, or letting pets play. The home also features a two car attached garage and sprinkler system.

Located within the gated Anthem Cottages community, residents enjoy access to impressive amenities including a community pool, clubhouse, playground, sport courts, sidewalks, and more.

Modern, low maintenance, and move in ready, this Kyle home offers the perfect opportunity to enjoy stylish living with convenient access to everything the area has to offer!

At $240/sqft, this home is priced 33% 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

242 Reveille Dr, Kyle, TX 78640

Property Details

Price $355,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,482 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Cottages Condo
County Hays
Zip Code 78640
$/sqft $240/sqft
Days on Market ,
HOA $164/Monthly
Annual Tax Est. $9,411.81
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244300136
List Date August 27, 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 · August 27, 2026 $360,000
Previous ask $350,000
Current ask $355,000
Reduced $5,000 (-1.4%) 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
175 Patagonia None
Plum Creek Ph 2 Sec 2
$360,000 $187 4 bd / 2 ba 1,928 sqft , 2026-09-04
160 Prodigal Way
Anthem
$347,990 $204 3 bd / 2 ba 1,702 sqft , 2026-04-02
382 Smithsonian Ln
Anthem Ph 2
$329,500 $227 3 bd / 2 ba 1,452 sqft , 2026-03-12
279 Rieber Rd
Sage Hollow
$329,000 $224 3 bd / 2 ba 1,468 sqft , 2026-08-17
281 Hutton Dr
Plum Creek Ph I Sec 3B
$325,000 $171 4 bd / 2 ba 1,902 sqft , 2026-05-29

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
$1,704/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
$71,000
20% conventional investment loan

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

Estimated Gross Rent+$1,704
Principal + Interest−$1,937
Property Tax (~2.1% TX avg)−$621
Insurance (~0.5%)−$148
Est. Monthly Cash Flow $-1,002

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 September 4, 2026.

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