Active Listing  ·  160 days on market

262 Smithsonian Ln

Kyle, TX 78640
$489,990
4 Bed 3 Bath 2,744 sqft $179/sqft Built 2026 0.14 acres 3-Car Garage Pool New Construction Anthem Ph 3

Move in Ready! This impressive two-story Newmark Homes Koblenz floorplan offers a generous and versatile layout with 4 bedrooms, 3 full bathrooms, and a 3-car garage. Designed with family living and entertaining in mind, the home features both a dedicated game room and a media room, providing flexible spaces for relaxation and fun. The expansive family room is highlighted by tall, oversized windows that flood the space with natural light and create a bright, open atmosphere. A formal dining room adds elegance and functionality, perfect for hosting gatherings and special occasions. With its spacious design, thoughtful layout, and abundant natural light, this home is perfectly suited for you and your family! Make it yours today!

At $179/sqft, this home is 4% 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

262 Smithsonian Ln, Kyle, TX 78640

Property Details

Price $489,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,744 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Ph 3
County Hays
Zip Code 78640
$/sqft $179/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $1,797.08
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT217271239
List Date February 25, 2026
Elementary School Laura B Negley
Middle School R C Barton
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 · February 25, 2026 $539,990
Previous ask $499,990
Current ask $489,990
Reduced $50,000 (-9.3%) 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
161 High Rock Pass
6 Creeks at Waterridge
$489,990 $246 3 bd / 3 ba 1,990 sqft , 2026-04-24
171 Smithsonian Ln
Anthem Ph 3
$489,990 $180 4 bd / 4 ba 2,717 sqft , 2026-06-02
809 Jackson River Loop
6 Creeks at Waterridge
$489,448 $233 4 bd / 3 ba 2,103 sqft , 2025-12-12
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

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
$2,352/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
$97,998
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$857
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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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