Active Listing  ·  118 days on market

312 Waterloo Dr

Kyle, TX 78640
$292,000
4 Bed 3 Bath 2,082 sqft $140/sqft Built 2015 0.21 acres 2-Car Garage Pool Kensington Trails Sec 5A

Spacious home featuring a functional and comfortable floorplan and an oversized yard with no back neighbors! The main living area offers a convenient layout with a large living room and designated dining space that remains open to the kitchen, creating a seamless flow perfect for gatherings or everyday life. The home includes generously sized bedrooms, with the primary suite conveniently located on the main level and highlighted by a beautiful custom accent wall. Upstairs you'll find a large flex room, three additional bedrooms, and a full bath! Step outside to a large backyard with no rear neighbors, providing added privacy and open views, along with plenty of space for BBQing, entertaining, or simply relaxing. This home is ideally situated just steps from the community pool and amenity center — complete with waterslides! — and is close to HEB and Costco. Ready for your personal touches, it presents a fantastic opportunity to create your ideal space in a growing and well-connected Kyle community.

At $140/sqft, this home is 25% 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

312 Waterloo Dr, Kyle, TX 78640

Property Details

Price $292,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,082 sqft
Lot Size 0.21 acres (8,955.94 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Kensington Trails Sec 5A
County Hays
Zip Code 78640
$/sqft $140/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. $8,092.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224943683
List Date April 8, 2026
Elementary School Science Hall
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
2671 Winding Creek Rd
Casetta Ranch
$290,960 $188 3 bd / 2 ba 1,551 sqft , 2024-11-26
1181 Violet Ln
Bunton Creek Ph 6B
$290,000 $136 4 bd / 2 ba 2,134 sqft , 2025-07-04
118 Invierno St
Four Seasons Farm Ph 1 Sec 1
$289,999 $113 4 bd / 3 ba 2,568 sqft , 2026-05-29
113 Screech Owl Dr
Meadows At Kyle Ph Four
$289,999 $186 3 bd / 2 ba 1,562 sqft , 2026-07-08
344 Coronado Ln
Coronado Hills Sec 1
$289,999 $136 4 bd / 3 ba 2,128 sqft , 2026-07-11

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
$1,402/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
$58,400
20% conventional investment loan

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

Estimated Gross Rent+$1,402
Principal + Interest−$1,594
Property Tax (~2.1% TX avg)−$511
Insurance (~0.5%)−$122
Est. Monthly Cash Flow $-825

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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