Active Listing  ·  102 days on market

321 YELLOWSTONE Dr

Kyle, TX 78640
$328,990
4 Bed 2 Bath 1,772 sqft $186/sqft Built 2026 0.14 acres 2.5-Car Garage Pool New Construction PARAMOUNT

JULY ESTIMATED COMPLETION DATE. EASY ACCESS TO I-35! The Gaven is one of our one-story homes featured in our Paramount community in Kyle, Texas. This efficient floorplan offers 1,772 square feet of living space across 4 bedrooms, 2 bathrooms and a 2 car garage. Our homes in Paramount feature our modern farmhouse exterior.

Stepping inside the home from the covered entryway, you will find two secondary bedrooms and a full bathroom off the foyer. The secondary bathroom includes a shower/tub combination, and the bedrooms feature a closet with shelving.

Moving further into the home, you will find the kitchen, which includes an island with an undermount sink, stainless steel appliances, quartz countertops and 36” upper cabinets. The dining room and family room flow easily from the kitchen and you’re sure to make many memories in this beautiful space. The utility room and bedroom 2 are off the kitchen. With the utility room at the center of the home, your laundry chores will be an easy task to complete.

The primary bedroom is tucked off the family room at the back of the home. Featuring its own attached bathroom with a walk-in shower, marble countertops with dual vanity, and separate toilet area with a door, enjoy this relaxing space during your bedtime routine. A walk-in closet is connected to the bathroom, with plenty of room for your accessories and prized possessions.

The Gaven includes vinyl flooring throughout the common areas of the home and carpet in the bedrooms. All our new homes at Paramount feature extra storage space in the garage, a covered back patio, full sod, and an irrigation system in the front and back yard. This home comes with our America’s Smart Home base package, which includes Video Front Door Bell, Front Door Deadbolt Lock, Home Hub, Thermostat, and a Smart Switch.

At $186/sqft, this home is priced in line with the Kyle market average of $186/sqft across 591 active listings. View Austin market report →

Location

321 YELLOWSTONE Dr, Kyle, TX 78640

Property Details

Price $328,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,772 sqft
Lot Size 0.14 acres (6,316.2 sqft)
Year Built 2026
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PARAMOUNT
County Hays
Zip Code 78640
$/sqft $186/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230106902
List Date May 14, 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 · May 14, 2026 $369,990
Previous ask $329,990
Current ask $328,990
Reduced $41,000 (-11.1%) 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
265 Denali Dr
Paramount
$329,000 $197 4 bd / 2 ba 1,672 sqft , 2026-04-16
2625 Brand Iron Dr
Blanco Vista
$329,000 $145 4 bd / 3 ba 2,275 sqft , 2026-08-11
329 Witchhazel Way
Blanco Vista
$329,900 $222 3 bd / 2 ba 1,487 sqft , 2026-08-14
160 Morgan Meadow Dr
Opal Ranch
$329,990 $199 3 bd / 2 ba 1,660 sqft , 2026-08-17
358 DENALI Dr
PARAMOUNT
$330,000 $197 4 bd / 2 ba 1,672 sqft , 2026-06-18

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
$1,579/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
$65,798
20% conventional investment loan

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

Estimated Gross Rent+$1,579
Principal + Interest−$1,795
Property Tax (~2.1% TX avg)−$576
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-929

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 1, 2026.

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