Active Listing  ·  28 days on market

301 Romans Rd

Kyle, TX 78640
$326,990
3 Bed 3 Bath 1,846 sqft $177/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Parkton Square

Plan 3552 is a thoughtfully designed two-story home offering approximately 1,846 square feet of living space with a smart, flexible layout that maximizes everyday functionality. The main floor features an open-concept design where the kitchen, dining, and living areas flow seamlessly together. A centrally located kitchen with island and pantry anchors the space, while a flex room near the foyer provides the option for a home office. Practical elements like a dedicated laundry room, powder bath, and drop zone of the garage enhance convenience, while the covered patio extends living outdoors. Upstairs, the home includes a spacious primary suite with walk-in closet and private bath, along with two secondary bedrooms and a full bath. The layout is efficient and keeps all bedrooms on one level while maintaining separation from the main living areas. Parkton Square is an exciting new addition to the heart of downtown Kyle, offering a vibrant and connected lifestyle in one of the area’s most desirable locations. Residents enjoy the convenience of being within walking distance to Wallace Middle School, as well as easy access to a variety of local eateries, shops, and entertainment options. Directly across the street, you’ll find an abundance of park amenities, perfect for outdoor activities, relaxation, and community gatherings. Whether it’s a morning walk, an afternoon at the playground, or enjoying open green space, the location truly enhances everyday living. With its prime positioning, Parkton Square also offers an easy commute to nearby cities and major employers, making it ideal for those seeking both convenience and connectivity. As a newly introduced community, Parkton Square brings fresh opportunities for homebuyers to be part of something special from the very beginning. We are now open for tours daily and invite you to come experience firsthand what makes this community such a standout place to call home.

*EST completion December

At $177/sqft, this home is priced in line with the Kyle market average of $181/sqft across 595 active listings. View Austin market report →

Location

301 Romans Rd, Kyle, TX 78640

Property Details

Price $326,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,846 sqft
Lot Size 0.14 acres (5,967.72 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkton Square
County Hays
Zip Code 78640
$/sqft $177/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244628357
List Date August 25, 2026
Elementary School Kyle
Middle School Laura B Wallace
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.

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
259 Mendez Loop
Plum Creek Phase I Sec 2d
$325,000 $158 3 bd / 3 ba 2,053 sqft , 2026-09-05
809 Hometown Pkwy
Hometown Kyle Sub Ph 2
$324,000 $146 4 bd / 3 ba 2,226 sqft , 2026-09-18
276 Gunnison Way
Cypress Forest
$330,000 $198 3 bd / 2 ba 1,665 sqft , 2026-06-16
1337 Sweet Gum Dr
Hometown Kyle Ph 3 Sec 2
$334,900 $142 4 bd / 3 ba 2,352 sqft , 2026-08-14
331 Romans Rd
Parkton Square
$334,990 $140 3 bd / 3 ba 2,389 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
$1,570/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
$65,398
20% conventional investment loan

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

Estimated Gross Rent+$1,570
Principal + Interest−$1,785
Property Tax (~2.1% TX avg)−$572
Insurance (~0.5%)−$136
Est. Monthly Cash Flow $-923

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

Loading…
View All Luxury Homes →
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 September 22, 2026.

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