Active Listing  ·  128 days on market

260 Mustang Bnd

Kyle, TX 78640
$384,990
4 Bed 3 Bath 2,540 sqft $152/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Opal Ranch

The Only Community in West Kyle Offering Personalization at the Best Value.

4 - 5 Beds

2 - 3 Full Baths | 1 Half Bath

2,540 Sq. Ft.

2 Car Garage

Starting from

$349,990

The Capri II offers a fresh take on modern living with a spacious two-story design that brings openness, elegance, and everyday function into perfect balance. From its thoughtfully arranged rooms to its inviting common spaces, this home is crafted to support every part of your day, from busy mornings to relaxed evenings.

The spacious home offers a light-filled great room that connects seamlessly to the dining area and kitchen, forming the heart of the home. A central island and generous counter space make the kitchen as practical as it is beautiful, ideal for cooking, gathering, and making memories. Natural light fills the space, while open sightlines create a sense of flow and ease throughout the main level.

The owner’s suite is located downstairs and features a spacious bedroom, well-designed bath, and large closet, creating a private retreat set apart from the rest of the home. A flex space on the first floor offers flexibility to add a bedroom and full bath for guests or multigenerational living.

Upstairs, three generously sized additional bedrooms and a full bath complete the second level. Fun and flexible, this plan offers four to five bedrooms and offers the choice to add a game room and a media room to open up new possibilities, from movie nights to study sessions and family game time.

With its intuitive layout, many ways to personalize, and inviting feel, the Capri II is a home that adapts to your needs and elevates your everyday experience.

At $152/sqft, this home is 16% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

260 Mustang Bnd, Kyle, TX 78640

Property Details

Price $384,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,540 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Opal Ranch
County Hays
Zip Code 78640
$/sqft $152/sqft
Days on Market ,
HOA $850/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT236695107
List Date June 17, 2026
Elementary School Kyle
Middle School Laura B Wallace
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 17, 2026 $399,990
Previous ask $389,990
Current ask $384,990
▼ Reduced $15,000 (-3.8%) 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
285 Kat Garnet Dr
Stagecoach Ph 3
$385,000 $145 4 bd / 3 ba 2,656 sqft , 2026-09-20
116 Pendleton Dr
Opal Meadows
$386,990 $173 4 bd / 3 ba 2,233 sqft , 2026-05-22
270 Mustang Bnd
Opal Ranch
$379,990 $141 5 bd / 3 ba 2,700 sqft , 2026-05-06
541 Yellowstone Dr
Paramount
$391,290 $172 4 bd / 3 ba 2,280 sqft , 2025-12-09
181 Morgan Meadow Dr
Opal Ranch
$394,990 $146 5 bd / 3 ba 2,700 sqft , 2026-08-17

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
$1,848/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
$76,998
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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 20, 2026.

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