Active Listing  ·  18 days on market

314 Cypress Forest Dr

Kyle, TX 78640
$475,000
4 Bed 4 Bath 2,981 sqft $159/sqft Built 2016 0.21 acres 2-Car Garage Pool Cypress Forest

This beautifully designed one-story home offers an ideal floor plan with an oversized 2½-car garage and exceptional flexibility with a home office off kitchen. The thoughtfully designed layout features the private primary suite toward the back of the home, while a spacious guest suite is located near the front of the home on the opposite side of the other two bedrooms. The guest suite includes its own full attached bathroom and walk-in closet. The primary suite features a room-sized walk-in closet with custom built-in shelving, plus separate vanities and a garden tub. The heart of the home is the spacious kitchen, complete with built-in oven, and a cooktop, along with two dining areas. Just off the kitchen, you'll find a versatile bonus/office/craft room. Step outside to enjoy the large back patio, complete with a gas hookup for your grill. Cypress Forest offers fantastic neighborhood amenities, including a community pool, playground, pavilion, and pond with a walking/jogging trail and fishing opportunities.

At $159/sqft, this home is 12% below the Kyle active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

314 Cypress Forest Dr, Kyle, TX 78640

Property Details

Price $475,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,981 sqft
Lot Size 0.21 acres (8,973.36 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cypress Forest
County Hays
Zip Code 78640
$/sqft $159/sqft
Days on Market ,
HOA $180/Quarterly
Annual Tax Est. $13,579.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245846256
List Date September 4, 2026
Elementary School Laura B Negley
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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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
207 Mineral River Loop
6 Creeks Ph 1 Sec 3
$475,000 $189 4 bd / 3 ba 2,515 sqft , 2026-05-10
533 Prickly Poppy Loop
6 Creeks
$474,990 $175 4 bd / 4 ba 2,713 sqft , 2026-03-25
121 Prickly Poppy Loop
6 Creeks
$474,990 $172 4 bd / 4 ba 2,766 sqft , 2026-09-03
809 Jackson River Loop
6 Creeks at Waterridge
$474,809 $226 4 bd / 3 ba 2,103 sqft , 2025-12-12
153 Milam Creek Dr
6 Creeks Ph 1 Sec 8A
$469,900 $182 4 bd / 3 ba 2,575 sqft , 2026-05-25

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 September 7, 2026.

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