Active Listing  ·  19 days on market

335 Mistletoe Ln

Kyle, TX 78640
$269,900
3 Bed 3 Bath 2,005 sqft $135/sqft Built 2004 0.18 acres 2-Car Garage Pool Waterleaf Ph A Sec 1

Located in the desirable Waterleaf community, this beautifully updated home features a stone-accented exterior and a covered front porch that adds instant curb appeal.

Inside, the well-designed floor plan creates an open and inviting feel. Solid surface flooring runs through most of the home, combining durability with easy maintenance, while updated light fixtures and neutral paint colors provide a fresh, move-in-ready look.

The modern kitchen features white custom cabinetry, granite countertops, a center island, and generous cabinet and counter space. A spacious breakfast area sits just off the kitchen, and French doors open to the backyard — a natural setup for hosting guests and enjoying seamless indoor-outdoor flow. The adjoining pantry and laundry room combo provides impressive storage and keeps everything organized in one convenient spot.

The family room features a cozy fireplace, and the formal dining room can easily double as a home office or study. Upstairs, a versatile bonus room adapts to your needs — game room, second living area, or media space. The primary suite includes a large walk-in closet and an updated ensuite bath with modern finishes. Both secondary bathrooms have been refreshed as well, so nothing has been overlooked.

Additional peace of mind comes with a roof replaced in March 2020 and an A/C system replaced in March 2026.

The backyard is large, with a covered patio and a privacy fence updated in July 2026. Mature trees along the fence line add natural seclusion, and there is plenty of room to play, entertain, or simply unwind.

Community amenities include a pool, playgrounds, and sports courts, all just blocks from the home. The location also offers convenient access to highways, shopping, dining, and schools, making daily errands and commutes easy.

An excellent opportunity in the growing City of Kyle — schedule your showing today!

At $135/sqft, this home is 28% below the Kyle active market average of $187/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

335 Mistletoe Ln, Kyle, TX 78640

Property Details

Price $269,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,005 sqft
Lot Size 0.18 acres (7,927.92 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf Ph A Sec 1
County Hays
Zip Code 78640
$/sqft $135/sqft
Days on Market ,
HOA $32/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239598358
List Date July 16, 2026
Elementary School Tobias
Middle School D J Red Simon
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
208 Buttercup Way
Indian Paintbrush Ph 3
$269,900 $145 4 bd / 2 ba 1,855 sqft , 2026-07-24
209 Ehrlich St
Wayside Sub Ph 1
$270,000 $145 3 bd / 3 ba 1,862 sqft , 2026-05-20
161 Collared Dove Cv
MEADOWS OF KYLE
$270,000 $206 3 bd / 2 ba 1,311 sqft , 2026-05-27
3043 Winding Creek Rd
Casetta Ranch
$269,545 $203 3 bd / 2 ba 1,326 sqft , 2025-09-04
227 Hess Dr
Creekside Village Sec 4
$269,000 $177 3 bd / 2 ba 1,516 sqft , 2026-05-15

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
$1,296/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
$53,980
20% conventional investment loan

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

Estimated Gross Rent+$1,296
Principal + Interest−$1,473
Property Tax (~2.1% TX avg)−$472
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-761

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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