Active Listing  ·  39 days on market

258 Reef Band Dr

Kyle, TX 78640
$494,900
4 Bed 4 Bath 2,379 sqft $208/sqft Built 2026 0.13 acres 2-Car Garage Pool Crosswinds

Welcoming entry extends past the half bathroom to a spacious family room. Dining area with a large window. Island kitchen offers built-in seating space and a corner walk-in pantry. Rear home office with French doors just off the kitchen area. Second floor Primary suite with a large window that overlooks the front view. Primary bath with French door entry, dual vanities, a glass enclosed shower and two walk-in closets. Secondary bedrooms with walk-in closets complete the second level. Covered backyard patio. Utility room and mud room just off the two-door garage.

At $208/sqft, this home is priced 12% above the Kyle active market average of $186/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

258 Reef Band Dr, Kyle, TX 78640

Property Details

Price $494,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,379 sqft
Lot Size 0.13 acres (5,532.12 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $208/sqft
Days on Market ,
HOA $593/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237786472
List Date June 26, 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.

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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
150 High Rock Pass
6 Creeks at Waterridge
$494,990 $198 4 bd / 3 ba 2,506 sqft , 2026-03-30
121 Prickly Poppy Loop
6 Creeks
$494,690 $179 4 bd / 4 ba 2,766 sqft , 2026-01-14
533 Prickly Poppy Loop
6 Creeks
$494,690 $182 4 bd / 4 ba 2,713 sqft , 2026-03-25
158 Sumter Way St
Cypress Forest Ph 3 Sec B
$499,000 $180 4 bd / 3 ba 2,773 sqft , 2026-02-06
305 Reef Band Dr
Crosswinds Ph Four-A
$499,000 $166 4 bd / 4 ba 3,013 sqft , 2026-02-19

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
$2,376/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
$98,980
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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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