Active Listing  ·  130 days on market

326 Covent Dr

Kyle, TX 78640
$299,000
4 Bed 3 Bath 2,322 sqft $129/sqft Built 2006 0.20 acres 2-Car Garage Pool Kensington Trails Sec 2

* NEW ROOF installed Aug 2026! * * UNDER $300K IN KENSINGTON TRAILS! Honey... STOP. THE. CAR. *** Best value this side of the Mississippi, y'all! *** Located in the Pie Capital of Texas, this beautifully refreshed 4-bedroom, 2.5-bath home in Kensington Trails offers the perfect blend of style, space, and warmth. Step inside to a light-filled interior where a full repaint and new luxury vinyl plank flooring throughout the downstairs create a modern, luxurious, move-in ready feel. The updated kitchen features freshly painted cabinetry and opens seamlessly to the main living areas, making it ideal for both everyday living and entertaining. The open concept layout is thoughtfully designed with a formal dining room for hosting, a breakfast area for casual meals, and a conveniently located downstairs powder bath and laundry room. Upstairs, a spacious loft adds flexibility and can easily function as a second living area, game room, media space, home office, or playroom. The light-filled primary suite offers a relaxing retreat, complemented by a spa-like bath with a double vanity, separate soaking tub, and walk-in shower. Three generously sized secondary bedrooms provide comfort and spaciousness. Beyond the home, Kensington Trails residents enjoy access to resort-style amenities including a stunning pool with water features, covered picnic areas, and playgrounds. Primely located in Kyle, one of Texas' fastest-growing areas along the Austin to San Antonio corridor, you’re also just about 10 minutes from Target, HEB+, and the charming downtown square, where you can enjoy local favorites like Centerfield and Railhouse. Come see this beautifully renovated home for yourself and experience the space, style, and lifestyle 326 Covent Drive offers. Schedule your showing today!

At $129/sqft, this home is 31% 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

326 Covent Dr, Kyle, TX 78640

Property Details

Price $299,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,322 sqft
Lot Size 0.20 acres (8,624.88 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Kensington Trails Sec 2
County Hays
Zip Code 78640
$/sqft $129/sqft
Days on Market ,
HOA $350/Annually
Annual Tax Est. $8,126.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225718647
List Date April 16, 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 →

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 16, 2026 $324,999
Previous ask $317,900
Current ask $299,000
Reduced $25,999 (-8.0%) 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
110 Belton Dr
Telavera
$300,000 $188 3 bd / 3 ba 1,595 sqft , 2026-07-07
321 Palestine Trl
TALAVERA
$301,310 $189 3 bd / 2 ba 1,595 sqft , 2026-08-13
144 Balmorehea St
TALAVERA
$304,310 $191 3 bd / 2 ba 1,595 sqft , 2026-04-22
140 Pecanwood None S
Amberwood Ph One
$292,400 $100 5 bd / 3 ba 2,915 sqft , 2026-06-19
1148 Amberwood Loop
Indian Paintbrush Sec 4B
$289,900 $156 4 bd / 2 ba 1,855 sqft , 2026-07-06

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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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 15, 2026.

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