Active Listing  ·  52 days on market

301 Verbena Dr

Kyle, TX 78640
$389,500
2 Bed 2 Bath 1,947 sqft $200/sqft Built 1986 0.47 acres 2-Car Garage Pool Village At Meadow Woods

Welcome to this charming ranch-style home nestled in the highly sought-after Meadow Woods community, where spacious living, thoughtful updates, and exceptional outdoor amenities come together. Step inside to an inviting open-concept floor plan featuring a beautifully updated kitchen that flows seamlessly into the main living area, complete with a cozy fireplace perfect for relaxing evenings. A dedicated home office provides the ideal space for remote work or study. The thoughtfully converted garage offers incredible flexibility and can serve as a bonus room, home gym, game room, media room, or even an additional bedroom to fit your lifestyle. Retreat to the oversized primary suite featuring a spa-like ensuite bath with an expansive walk-in shower. Outside, you'll find nearly endless possibilities on the large lot. Enjoy your morning coffee or entertain guests on the spacious covered patio overlooking the peaceful garden. Two oversized storage sheds provide exceptional functionality, including one that is fully climate-controlled with electricity, perfect for a workshop, studio, hobby room, or private office. A separate detached garage adds even more storage and workspace options. Located in a quiet, established neighborhood with mature trees and low property taxes. Don't miss this rare opportunity to own a one-of-a-kind property in one of Kyle's most desirable neighborhoods!

At $200/sqft, this home is priced 8% 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

301 Verbena Dr, Kyle, TX 78640

Property Details

Price $389,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,947 sqft
Lot Size 0.47 acres (20,516.76 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village At Meadow Woods
County Hays
Zip Code 78640
$/sqft $200/sqft
Days on Market ,
HOA $325/Annually
Annual Tax Est. $10,641.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238568183
List Date July 3, 2026
Elementary School Kyle
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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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 · July 3, 2026 $390,000
Previous ask $389,750
Current ask $389,500
Reduced $500 (-0.1%) 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
210 Meadow Woods Dr
Meadow Woods Sec 2
$395,000 $239 3 bd / 2 ba 1,651 sqft , 2026-05-29
139 Grand Canyon Way
Anthem Ph 3
$399,990 $206 3 bd / 2 ba 1,944 sqft , 2026-08-07
312 Jefferson Dr
Anthem Ph 1-B
$365,000 $170 3 bd / 2 ba 2,147 sqft , 2026-03-04
180 Golden Gate Ln
Anthem Ph 2
$364,000 $174 3 bd / 3 ba 2,095 sqft , 2026-06-19
291 Basket Flower Loop
6 Creeks
$419,900 $220 3 bd / 3 ba 1,910 sqft , 2026-03-23

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
$1,870/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
$77,900
20% conventional investment loan

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

Estimated Gross Rent+$1,870
Principal + Interest−$2,126
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,100

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 21, 2026.

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