Active Listing  ·  459 days on market

261 Mendoza None

Kyle, TX 78640
$465,000
4 Bed 3 Bath 2,468 sqft $188/sqft Built 2022 0.17 acres 2.5-Car Garage Pool Plum Creek Ph 2 Sec 2
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About This Home

Gorgeous 2-story home located in North Plum Creek. This home sits on a corner lot right across from Barton Middle School and Hays High School. Just Minutes away from the Toll Road or I-35. Boasting 4 bedrooms, an office, and a loft, perfect for a large family, working from home, and entertaining. There is a ton of upgrades including 6 inch baseboards, Satin finish paint throughout home , all carpet removed, custom built ins, genuine marble backsplash, and quartz countertops and more. Solar panels and water softener included!

At $188/sqft, this home is priced 4% 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

261 Mendoza None, Kyle, TX 78640

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Property Details

Price $465,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,468 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 2022
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Plum Creek Ph 2 Sec 2
County Hays
Zip Code 78640
$/sqft $188/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. $8,442.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT199911931
List Date June 20, 2025
Elementary School Laura B Negley
Middle School R C Barton
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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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 20, 2025 $550,000
Previous ask $475,000
Current ask $465,000
▼ Reduced $85,000 (-15.5%) 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
171 Smithsonian Ln
Anthem Ph 3 $474,990 $175 4 bd / 4 ba 2,717 sqft , 2026-06-02
129 Grand Canyon Way
Anthem Ph 3 $439,990 $173 3 bd / 3 ba 2,537 sqft , 2026-06-02
142 Grand Canyon Way
Anthem Ph 3 $494,990 $182 4 bd / 4 ba 2,717 sqft , 2026-08-07
1269 Nevarez None
Plum Creek Ph I Sec 6B-3 $429,999 $144 5 bd / 4 ba 2,991 sqft , 2026-03-10
2037 Herzog Blvd
Plum Creek Ph 1 Sec 6E2-3 $429,999 $154 4 bd / 4 ba 2,786 sqft , 2026-05-13

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
$2,232/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
$93,000
20% conventional investment loan

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

Estimated Gross Rent+$2,232
Principal + Interest−$2,538
Property Tax (~2.1% TX avg)−$814
Insurance (~0.5%)−$194
Est. Monthly Cash Flow $-1,314

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 3, 2026.

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