Active Listing  ·  119 days on market

311 Romans Rd

Kyle, TX 78640
$314,990
3 Bed 2 Bath 1,936 sqft $163/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Parkton Square

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 that give the neighborhood its unique charm.

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.

Plan 3551 is a versatile two-story home designed to balance open living with private retreats. With approximately 1,936 square feet of living space, the main floor features a seamless flow between the kitchen, dining, and living areas—creating an inviting space for both everyday living and entertaining. A centrally located kitchen with island and pantry anchors the home, while the private primary suite on the first floor offers a quiet escape with a spacious bath and walk-in closet.

Upstairs, you’ll find two secondary bedrooms, a full bath, and a flexible loft space—perfect for a game room, home office, or additional living area. Thoughtful touches like a drop zone, dedicated laundry room, and covered patio enhance the home’s functionality, making it as practical as it is comfortable.

At $163/sqft, this home is 12% 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

311 Romans Rd, Kyle, TX 78640

Property Details

Price $314,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,936 sqft
Lot Size 0.13 acres (5,684.58 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkton Square
County Hays
Zip Code 78640
$/sqft $163/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227851257
List Date April 27, 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 →

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 · April 27, 2026 $329,990
Previous ask $319,990
Current ask $314,990
Reduced $15,000 (-4.5%) 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
208 Birch Dr
Hometown Kyle Sub Ph 2
$315,000 $169 3 bd / 2 ba 1,866 sqft , 2026-04-16
361 Romans Rd
Parkton Square
$319,990 $165 3 bd / 2 ba 1,936 sqft , 2026-04-27
291 Romans Rd
Parkton Square
$301,190 $182 3 bd / 2 ba 1,652 sqft , 2026-08-19
213 Jarbridge Dr
Stagecoach Ph 1
$299,000 $188 3 bd / 2 ba 1,594 sqft , 2026-05-04
1337 Sweet Gum Dr
Hometown Kyle Ph 3 Sec 2
$334,900 $142 4 bd / 3 ba 2,352 sqft , 2026-08-14

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
$1,512/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
$62,998
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 23, 2026.

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