Active Listing  ·  199 days on market

331 Romans Rd

Kyle, TX 78640
$314,990
3 Bed 3 Bath 2,389 sqft $132/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Parkton Square

Discover modern living and small-town charm in Parkton Square by Risewell Homes! This stunning 2-story home offers 2,389 sq. ft., 3 bedrooms, 2.5 bathrooms, a 2-car garage, and versatile spaces designed for today's lifestyle.

Step inside to an inviting open-concept floor plan featuring a spacious living area, dining space, and beautifully designed kitchen with an oversized island and walk-in pantry—perfect for entertaining or everyday living. A dedicated main-level flex room offers endless possibilities for a home office, study, or additional living space.

The private FIRST-FLOOR PRIMARY SUITE provides comfort and convenience, while upstairs you'll find two spacious secondary bedrooms, a full bathroom, and a generous loft overlooking the foyer—ideal for a game room, media space, or second living area.

Enjoy outdoor living on the covered patio, plus thoughtful features including a convenient drop zone and dedicated utility spaces.

LOCATION, LOCATION, LOCATION! Situated near historic downtown Kyle, Parkton Square offers walkable access to local restaurants, shopping, and entertainment. Gregg-Clarke Park, James Adkins Pool, walking trails, playgrounds, and recreational amenities are just steps away! Convenient access to I-35 connects you to Austin, San Marcos, and surrounding employment centers.

SPECIAL BUILDER INCENTIVES AVAILABLE! Schedule your private tour today and discover the convenience, flexibility, and lifestyle waiting at Parkton Square!

At $132/sqft, this home is 27% 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

331 Romans Rd, Kyle, TX 78640

Property Details

Price $314,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,389 sqft
Lot Size 0.13 acres (5,710.72 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkton Square
County Hays
Zip Code 78640
$/sqft $132/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227850678
List Date April 27, 2026
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Kyle · Laura B Wallace · Jack C Hays

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 $366,690
Previous ask $319,990
Current ask $314,990
▼ Reduced $51,700 (-14.1%) 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
809 Hometown Pkwy
Hometown Kyle Sub Ph 2
$319,000 $143 4 bd / 3 ba 2,226 sqft , 2026-09-18
259 Mendez Loop
Plum Creek Phase I Sec 2d
$325,000 $158 3 bd / 3 ba 2,053 sqft , 2026-09-05
301 Romans Rd
Parkton Square
$301,990 $164 3 bd / 3 ba 1,846 sqft , 2026-08-25
118 Rio Grande Dr
Silverado At Plum Creek Sec 2B
$329,900 $103 4 bd / 3 ba 3,190 sqft , 2026-08-15
1353 Beechwood Dr
Hometown Kyle Ph 1
$300,000 $116 4 bd / 3 ba 2,594 sqft , 2026-10-29

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 (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (assumed ~2.1%)−$551
Insurance (assumed ~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

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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 · 41 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. The written content was last updated on November 11, 2026.

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

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