Active Listing  ·  97 days on market

282 Mountain Pea Rd

Kyle, TX 78640
$288,107
3 Bed 2 Bath 1,535 sqft $188/sqft Built 2026 0.18 acres 2-Car Garage Pool New Construction SOUTHGROVE

ESTIMATED COMPLETION MAY.

Introducing the Diana at Southgrove in Kyle, TX. This home offers 1,535 square feet of living space across 3 bedrooms, 2 bathrooms, and a 2-car garage.

As you enter the long foyer you walk into the spacious family room open to the kitchen and dining area. The kitchen features quartz or Silestone® countertops, stainless steel appliances, recessed lighting, and a kitchen island. The secondary bedrooms are located off the dining area and include carpeted floors and a closet in each. The private main bedroom, bedroom 1, is located off the kitchen and includes a huge walk-in closet and walk-in shower.

This home comes included with a professionally designed landscape package and a full irrigation system 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, a Smart Light Switch, Kwikset Smart lock, and more.

Images are representative of plan and may vary as built.

Contact us today and find your home at Southgrove.

At $188/sqft, this home is priced in line with the Kyle market average of $186/sqft across 566 active listings. View Austin market report →

Location

282 Mountain Pea Rd, Kyle, TX 78640

Property Details

Price $288,107
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,535 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOUTHGROVE
County Hays
Zip Code 78640
$/sqft $188/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228083426
List Date April 29, 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
433 Mountain Pea Rd
SOUTHGROVE
$288,280 $194 3 bd / 2 ba 1,489 sqft , 2026-06-24
365 Cibolo Creek Dr
CREEKSIDE VILLAGE
$289,000 $170 4 bd / 2 ba 1,699 sqft , 2026-05-03
308 Shiro Dr
Bunton Creek Reserve Ph 2
$287,000 $141 3 bd / 3 ba 2,041 sqft , 2026-02-01
1148 Amberwood Loop
Indian Paintbrush Sec 4B
$289,900 $156 4 bd / 2 ba 1,855 sqft , 2026-07-06
444 Mountain Pea Rd
SOUTHGROVE
$289,960 $189 3 bd / 2 ba 1,534 sqft , 2026-06-24

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
$1,383/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
$57,621
20% conventional investment loan

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

Estimated Gross Rent+$1,383
Principal + Interest−$1,572
Property Tax (~2.1% TX avg)−$504
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-813

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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