Active Listing  ·  225 days on market

278 Alpine Crossing Dr

Kyle, TX 78640
$1,074,000
4 Bed 5 Bath 4,047 sqft $265/sqft Built 2026 0.30 acres 3-Car Garage Pool New Construction Clara Vista at Waterridge - Brook Collection

MLS# 5993238 - Built by Toll Brothers - Ready Now! ~ The Hondo home design delivers elegant and comfortable living. A grand two-story foyer leads into the open-concept main living area, featuring a stunning two-story great room with a fireplace and multi-slide stacked doors leading to a covered patio, perfect for indoor-outdoor living. Adjacent to a bright casual dining area with a tray ceiling, the kitchen features a large island with breakfast bar and a walk-in pantry. The secluded primary bedroom is a true retreat enhanced by a tray ceiling, a spacious walk-in closet, and a luxurious bath featuring dual vanities, a soaking tub, a luxe shower with seat, linen storage, and a private water closet. Located down the hall from a versatile flex room, a first-floor bedroom suite with a walk-in closet is ideal for multigenerational living or guests. Upstairs is an airy loft and two secondary bedrooms one with a private bath and the other with access to a full hall bath. Additional desirable features include an office, first-floor laundry, a workspace, and plentiful storage. Disclaimer: Photos are images only and should not be relied upon to confirm applicable features.

At $265/sqft, this home is priced 46% 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

278 Alpine Crossing Dr, Kyle, TX 78640

Property Details

Price $1,074,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,047 sqft
Lot Size 0.30 acres (13,068 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Clara Vista at Waterridge - Brook Collection
County Hays
Zip Code 78640
$/sqft $265/sqft
Days on Market ,
HOA $125/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224666297
List Date April 1, 2026
Elementary School Jim Cullen
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Jim Cullen · R C Barton · Jack C Hays

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 · April 1, 2026 $1,118,000
Previous ask $949,000
Current ask $1,074,000
▼ Reduced $44,000 (-3.9%) 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
211 Dawn Dr
Clara Vista at Waterridge - Spring Collection
$1,080,000 $273 4 bd / 5 ba 3,962 sqft , 2026-10-21
303 Lavaca Dr
Clara Vista
$1,039,900 $206 5 bd / 6 ba 5,054 sqft , 2026-07-13
319 Lavaca Dr
Clara Vista
$999,900 $243 5 bd / 4 ba 4,108 sqft , 2026-07-13
136 Dawn Dr
Clara Vista at Waterridge - Spring Collection
$999,000 $253 4 bd / 5 ba 3,956 sqft , 2026-04-01
246 Alpine Crossing Dr
Clara Vista
$949,900 $265 4 bd / 5 ba 3,580 sqft , 2026-07-13

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
$5,155/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
$214,800
20% conventional investment loan

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

Estimated Gross Rent+$5,155
Principal + Interest−$5,861
Property Tax (assumed ~2.1%)−$1,880
Insurance (assumed ~0.5%)−$448
Est. Monthly Cash Flow $-3,034

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 · 41 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. The written content was last updated on November 11, 2026.

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

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