Active Listing  ·  10 days on market

271 Bluestem St

Kyle, TX 78640
$225,000
3 Bed 2 Bath 1,334 sqft $169/sqft Built 2002 0.16 acres 2-Car Garage Pool Prairie On The Creek Sec 1C

Come home to 271 Bluestem Street in Kyle, Texas 78640, a 3 bedroom, 2 bath single-family home built by Lennar in 2002 and served by Hays CISD. High ceilings give the living area an open, airy feel, and the fireplace is a natural gathering point on cool Texas evenings. Tile and hardwood flooring run through the home, and added cabinetry and updated plumbing fixtures show how well it has been cared for.

The kitchen is ready to cook in, with a gas range, dishwasher and microwave that all convey with the sale. The added cabinetry gives you storage for everything from everyday dishes to small appliances.

The big-ticket items are already handled. The roof, air conditioner and water heater have all been replaced, and the foundation has been repaired, with details in the seller’s disclosure. Mature trees shade the lot and give the property an established look from the street, the kind of shade that takes decades to grow.

This Kyle address sits in Hays County along the I-35 corridor, roughly halfway between Austin and San Marcos, so both cities are within easy reach for work, dining and entertainment. Kyle has grown into a city with parks, local restaurants, shopping and a revitalized downtown, and it keeps a small-town feel.

Offered as-is, 271 Bluestem Street is worth a look for buyers who want a fireplace, high ceilings, updated systems and mature trees in Kyle, Texas.

At $169/sqft, this home is 7% 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

271 Bluestem St, Kyle, TX 78640

Property Details

Price $225,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,334 sqft
Lot Size 0.16 acres (6,886.84 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Prairie On The Creek Sec 1C
County Hays
Zip Code 78640
$/sqft $169/sqft
Days on Market ,
HOA $55/Quarterly
Annual Tax Est. $6,094.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249373861
List Date October 13, 2026
Elementary School Susie Fuentes
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.

Schedule a Call →

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
130 Riley Cv
Steeplechase Sub Ph Iii Sec 4
$229,690 $186 3 bd / 2 ba 1,235 sqft , 2026-08-21
151 Henke Cv
Steeplechase Sub Ph Iii Sec 4
$229,900 $171 3 bd / 2 ba 1,343 sqft , 2026-08-28
524 Ferrule Dr
Brookside Ph 4
$219,500 $189 3 bd / 2 ba 1,160 sqft , 2026-05-28
140 Riley Cv
Steeplechase Sub Ph Iii Sec 4
$212,000 $139 3 bd / 2 ba 1,530 sqft , 2026-04-04
201 Elmer Cv
Steeplechase Sub Ph Iii Sec 5
$239,900 $176 3 bd / 2 ba 1,364 sqft , 2026-04-28

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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 15, 2026.

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