Active Listing  ·  28 days on market

274 Mountain Pea Rd

Kyle, TX 78640
$351,810
4 Bed 3 Bath 2,043 sqft $172/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction SOUTHGROVE

Estimated completion July!

Discover the Lakeway floorplan at Southgrove in Kyle, TX. This single-story home offers 2,042 square feet of living space, a 2-car garage, 4 bedrooms, 3 bathrooms and a study.

As you enter this home you will find yourself in a foyer that opens to a spare bedroom, bedroom 2, a bathroom and a large study with an extra closet for storage. As you continue through the home you will walk into the spacious dining room, kitchen and open family room that leads to a covered patio. The kitchen features a large kitchen island, quartz or Silestone® countertops, and a large pantry. Just off the dining room is the third and fourth extra bedrooms as well as the third bathroom. At the back of the home, just off the family room, is the main bedroom, bedroom 1. This bedroom features plenty of space and natural lighting, a large bathroom with double vanity and a large walk-in closet.

This home comes included with a professionally designed landscape package and an irrigation system at the front and sides of the home as well as our America's Smart Home package that offers devices such as the Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat Kwikset Smart lock, and more.

Contact us today and find your home at Southgrove.

At $172/sqft, this home is 8% 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

274 Mountain Pea Rd, Kyle, TX 78640

Property Details

Price $351,810
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,043 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOUTHGROVE
County Hays
Zip Code 78640
$/sqft $172/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238995221
List Date July 7, 2026
Elementary School Camino Real
Middle School McCormick
High School Johnson High School
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
323 Bridge Deck Loop
Crosswinds
$351,871 $173 4 bd / 3 ba 2,029 sqft , 2026-07-07
175 Seabreeze St
Waterstone
$351,999 $159 4 bd / 3 ba 2,207 sqft , 2026-07-21
370 Romans Rd
Parkton Square
$350,490 $193 4 bd / 2 ba 1,815 sqft , 2026-07-08
368 Banff Dr
Paramount Sec Two
$350,000 $157 4 bd / 3 ba 2,232 sqft , 2026-03-20
249 Treadwell Ln
Sage Hollow
$350,000 $160 3 bd / 2 ba 2,182 sqft , 2026-04-27

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
$1,689/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
$70,362
20% conventional investment loan

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

Estimated Gross Rent+$1,689
Principal + Interest−$1,920
Property Tax (~2.1% TX avg)−$616
Insurance (~0.5%)−$147
Est. Monthly Cash Flow $-994

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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