Active Listing  ·  29 days on market

339 Elephant Island Loop

Kyle, TX 78640
$309,999
3 Bed 2 Bath 1,537 sqft $202/sqft Built 2026 0.11 acres 2-Car Garage Pool Crosswinds

The Crescendo is a thoughtfully designed single-story residence offering 1,537 square feet of living space, with 3 bedrooms and 2 full bathrooms. You enter the home through a modest foyer or entry hall, which leads directly into a wide and open "main living zone." From the foyer you step into a combined great room and dining area, which adjoins the kitchen seamlessly, creating a unified, sociable space perfect for everyday life and entertaining.

At $202/sqft, this home is priced 12% above the Kyle active market average of $181/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

339 Elephant Island Loop, Kyle, TX 78640

Property Details

Price $309,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,537 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $202/sqft
Days on Market ,
HOA $47/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247645991
List Date September 23, 2026
Elementary School Ralph Pfluger
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 · September 23, 2026 $339,899
Previous ask $329,702
Current ask $309,999
▼ Reduced $29,900 (-8.8%) 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
156 White Horses Dr
Crosswinds
$309,999 $182 3 bd / 3 ba 1,700 sqft , 2026-03-25
124 Compass Ln
Crosswinds Ph One
$310,000 $188 3 bd / 2 ba 1,650 sqft , 2026-05-07
638 Tailwind Dr
Crosswinds
$305,942 $194 3 bd / 2 ba 1,580 sqft , 2026-09-08
309 Treasure Trove Path
Crosswinds
$314,500 $160 4 bd / 2 ba 1,960 sqft , 2026-09-09
331 Windswept Way
Crosswinds
$319,000 $162 3 bd / 2 ba 1,975 sqft , 2026-04-21

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
$1,488/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
$62,000
20% conventional investment loan

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

Estimated Gross Rent+$1,488
Principal + Interest−$1,692
Property Tax (~2.1% TX avg)−$542
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-875

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 October 13, 2026.

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