Active Listing  ·  184 days on market

308 Shiro Dr

Kyle, TX 78640
$287,000
3 Bed 3 Bath 2,041 sqft $141/sqft Built 2020 0.15 acres 2.5-Car Garage Pool Bunton Creek Reserve Ph 2

Welcome to this beautifully maintained home located in Kyle, TX, offering the perfect blend of comfort, space, and peaceful surroundings. Nestled in a quiet community with a small neighborhood park just steps away, this property provides a true sense of retreat while still being close to everyday conveniences.

This spacious home features 3 bedrooms, 2.5 bathrooms, and approximately 2,041 square feet of living space. The huge open-concept layout creates an ideal flow between the living, dining, and kitchen areas, making it perfect for entertaining or everyday living. Natural light fills the main living areas, enhancing the bright and welcoming atmosphere.

All bedrooms are generously sized, with the primary suite offering a private ensuite bath and ample closet space. The backyard provides a great space for relaxing, hosting, or creating your own outdoor oasis.

Conveniently located near parks, shopping, dining, and major roadways, this home offers both tranquility and accessibility. A wonderful opportunity to enjoy modern living in one of Kyle’s growing communities.

At $141/sqft, this home is 24% 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

308 Shiro Dr, Kyle, TX 78640

Property Details

Price $287,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,041 sqft
Lot Size 0.15 acres (6,512.22 sqft)
Year Built 2020
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bunton Creek Reserve Ph 2
County Hays
Zip Code 78640
$/sqft $141/sqft
Days on Market ,
HOA $32/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218021650
List Date February 1, 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 →

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 · February 1, 2026 $315,000
Previous ask $294,900
Current ask $287,000
Reduced $28,000 (-8.9%) 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
351 New Bridge Dr
Waterleaf Ph B Sec 5
$285,990 $136 3 bd / 3 ba 2,110 sqft , 2026-06-13
448 Nottingham Loop
Kensington Trails Sec 3B
$285,900 $208 3 bd / 2 ba 1,376 sqft , 2026-05-12
282 Mountain Pea Rd
SOUTHGROVE
$288,107 $188 3 bd / 2 ba 1,535 sqft , 2026-04-29
433 Mountain Pea Rd
SOUTHGROVE
$288,280 $194 3 bd / 2 ba 1,489 sqft , 2026-06-24
370 Holly Grove St
Waterleaf Ph A Sec 1
$285,000 $150 3 bd / 3 ba 1,900 sqft , 2026-02-07

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
$1,378/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
$57,400
20% conventional investment loan

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

Estimated Gross Rent+$1,378
Principal + Interest−$1,566
Property Tax (~2.1% TX avg)−$502
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-810

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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