About This Home

Beautiful 3-bedroom, 2-bath home featuring upgraded finishes throughout. The spacious primary suite offers dual sinks and a well-appointed bathroom, while the open and inviting layout provides comfortable living spaces perfect for everyday living and entertaining.

At $201/sqft, this home is priced 11% 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

251 Mustang Bnd, Kyle, TX 78640

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Property Details

Price $319,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,590 sqft

Lot Size 0.15 acres (6,534 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Opal Ranch

County Hays

Zip Code 78640

$/sqft $201/sqft

Days on Market ,

HOA $850/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246400613

List Date September 11, 2026

Elementary School Kyle

Middle School Laura B Wallace

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.

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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

265 Denali Dr
Paramount $329,000 $197 4 bd / 2 ba 1,672 sqft , 2026-04-16

185 Silver Maple Dr
Hometown Kyle Ph 4 Sec 3 $309,990 $168 4 bd / 2 ba 1,848 sqft , 2026-08-01

160 Morgan Meadow Dr
Opal Ranch $329,990 $199 3 bd / 2 ba 1,660 sqft , 2026-08-17

368 Denali Dr
Paramount $334,000 $183 4 bd / 3 ba 1,822 sqft , 2026-04-16

282 Denali Dr
Paramount Sec Three $335,605 $189 2 bd / 2 ba 1,772 sqft , 2025-11-12

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

$1,536/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

$63,998

20% conventional investment loan

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

Estimated Gross Rent+$1,536

Principal + Interest−$1,746

Property Tax (~2.1% TX avg)−$560

Insurance (~0.5%)−$133

Est. Monthly Cash Flow $-903

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

About the Author

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 1, 2026.

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

251 Mustang Bnd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

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