Active Listing  ·  81 days on market

261 Amber Ash Dr

Kyle, TX 78640
$260,000
3 Bed 2 Bath 2,264 sqft $115/sqft Built 2004 0.28 acres 2-Car Garage Pool Amberwood Ph Three
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About This Home

Best Floor Plan in this Subdivision: This spacious home offers many pluses to include: huge lot with deck, gorgeous open kitchen and bar, mother-in-law bedroom split, formal dining room and very large primary bathroom with large walk-in closet. While this home needs some minor updates, it won't last long...bring your AS IS offer.

At $115/sqft, this home is 38% 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

261 Amber Ash Dr, Kyle, TX 78640

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Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,264 sqft
Lot Size 0.28 acres (12,166.31 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Amberwood Ph Three
County Hays
Zip Code 78640
$/sqft $115/sqft
Days on Market ,
HOA $406/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232665115
List Date June 4, 2026
Elementary School Ralph Pfluger
Middle School Armando Chapa
High School Lehman
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
458 Nottingham Loop
Kensington Trails Sec 3b $255,000 $162 3 bd / 3 ba 1,571 sqft , 2026-07-06
256 Poplarwood Dr
Amberwood Ph Four $265,000 $129 4 bd / 3 ba 2,050 sqft , 2026-08-10
208 Buttercup Way
Indian Paintbrush Ph 3 $249,900 $135 4 bd / 2 ba 1,855 sqft , 2026-07-24
208 Dandelion Loop
Indian Paintbrush Ph 2 $278,500 $116 4 bd / 3 ba 2,392 sqft , 2026-04-20
245 Peppergrass Cv
Indian Paintbrush Sec 4B $279,000 $133 4 bd / 3 ba 2,101 sqft , 2026-02-20

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (~2.1% TX avg)−$455
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-734

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 24, 2026.

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