Active Listing  ·  7 days on market

279 Rieber Rd

Kyle, TX 78640
$329,000
3 Bed 2 Bath 1,468 sqft $224/sqft Built 2023 0.13 acres 2-Car Garage Pool Sage Hollow

Welcome home to this charming, move-in-ready single-story residence offering 3 spacious bedrooms, 2 full bathrooms, and a bright open-concept floor plan designed for comfortable everyday living. A beautiful white picket fence creates picture-perfect curb appeal, while an abundance of natural light fills the interior, giving the home a warm and welcoming feel. Thoughtful features include double-pane windows, solar screens, gutters, a sprinkler system, and the added peace of mind of a remaining builder warranty. Step outside to enjoy the covered patio and private fenced backyard, perfect for morning coffee, weekend barbecues, or relaxing evenings outdoors. The community offers an impressive array of amenities, including a swimming pool, park and playground, sports court, bike trails, and jogging trails, making it easy to enjoy an active lifestyle right outside your door. With its inviting design, desirable features, and fantastic neighborhood amenities, this beautiful home is truly ready for its next owners to move right in and enjoy! Added plus is this home is 15 minutes from San Marcos!

At $224/sqft, this home is priced 20% 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

279 Rieber Rd, Kyle, TX 78640

Property Details

Price $329,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,468 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sage Hollow
County Hays
Zip Code 78640
$/sqft $224/sqft
Days on Market ,
HOA $155/Monthly
Annual Tax Est. $7,158.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243479096
List Date August 17, 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.

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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
281 Hutton Dr
Plum Creek Ph I Sec 3B
$325,000 $171 4 bd / 2 ba 1,902 sqft , 2026-05-29
124 Tenny Ln
Sage Hollow
$324,999 $227 3 bd / 2 ba 1,434 sqft , 2026-06-11
131 Santa Julia None
Plum Creek Ph 2 Sec 2
$318,500 $164 4 bd / 3 ba 1,943 sqft , 2026-03-15
773 Treadwell Ln
Sage Hollow
$344,999 $241 3 bd / 2 ba 1,434 sqft , 2026-06-22
232 Tenny Ln
Sage Hollow
$344,999 $224 3 bd / 2 ba 1,537 sqft , 2026-06-22

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
$1,579/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
$65,800
20% conventional investment loan

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

Estimated Gross Rent+$1,579
Principal + Interest−$1,795
Property Tax (~2.1% TX avg)−$576
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-929

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 · 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 August 18, 2026.

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