Active Listing  ·  20 days on market

291 Palestine Trl

Kyle, TX 78640
$354,310
4 Bed 3 Bath 2,239 sqft $158/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction TALAVERA

Take a look at the Mitchell floorplan at our Talavera community in Kyle, TX. This two-story home offers plenty of room to grow with 4 bedrooms, 3 bathrooms, and a gameroom across 2,239 square feet.

The kitchen features a quartz countertops, top of the line stainless steel appliances, and a large island. The kitchen flows seamlessly into the living area with large windows that overlook your scenic backyard.

The main bedroom is located off the living room on the first floor and features an adjoined bathroom with a walk-in shower, and a separate toilet room. A secondary bedroom and full bathroom with a shower and bathtub are also located on the first floor near the front of the home.

Making your way upstairs, you'll discover the spacious gameroom. Whether you make it a media room, play room, home gym, or office, the possibilities are endless. You'll also find two additional bedrooms upstairs and a third bathroom. The entire upstairs is carpeted and each bedroom includes a closet.

This home comes included with a professionally designed landscape package and 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 Talavera.

At $158/sqft, this home is 15% 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

291 Palestine Trl, Kyle, TX 78640

Property Details

Price $354,310
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,239 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TALAVERA
County Hays
Zip Code 78640
$/sqft $158/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242312936
List Date August 4, 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
125 Jade Lake Cv
Southlake Ranch Ph Three
$350,000 $160 4 bd / 3 ba 2,183 sqft , 2026-08-20
288 Caddo Bnd
Talavera Ph 1
$345,000 $138 4 bd / 3 ba 2,501 sqft , 2026-06-21
110 Desperado St
Casetta Ranch
$342,780 $153 4 bd / 3 ba 2,247 sqft , 2026-07-16
164 Balmorehea St
Talavera Ph 3
$334,400 $149 4 bd / 3 ba 2,241 sqft , 2026-07-07
150 Lennox Dr
Casetta Ranch
$328,230 $169 4 bd / 2 ba 1,937 sqft , 2026-07-16

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
$1,701/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
$70,862
20% conventional investment loan

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

Estimated Gross Rent+$1,701
Principal + Interest−$1,934
Property Tax (~2.1% TX avg)−$620
Insurance (~0.5%)−$148
Est. Monthly Cash Flow $-1,001

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 August 5, 2026.

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