Active Listing  ·  39 days on market

266 Reef Band Dr

Kyle, TX 78640
$474,900
4 Bed 4 Bath 2,379 sqft $200/sqft Built 2026 0.11 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 $200/sqft, this home is priced 8% 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

266 Reef Band Dr, Kyle, TX 78640

Property Details

Price $474,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,379 sqft
Lot Size 0.11 acres (4,878.72 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $200/sqft
Days on Market ,
HOA $593/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237781559
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
453 Bay Breeze Dr
Crosswinds
$474,900 $188 4 bd / 3 ba 2,529 sqft , 2026-05-29
1077 Fairway None
Plum Creek Ph 1 Sec 4
$475,000 $160 4 bd / 3 ba 2,969 sqft , 2026-02-26
185 King Haakon Bay Dr
Crosswinds Ph Four-A
$475,000 $194 4 bd / 3 ba 2,443 sqft , 2026-02-12
276 Washington Dr
Anthem
$475,000 $169 4 bd / 3 ba 2,813 sqft , 2026-06-19
251 High Rock Pass
6 Creeks at Waterridge
$478,990 $292 3 bd / 2 ba 1,638 sqft , 2026-06-18

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
$2,280/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
$94,980
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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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