Active Listing  ·  6 days on market

344 Matthews Ln

Kyle, TX 78640
$284,990
3 Bed 3 Bath 1,991 sqft $143/sqft Built 2010 0.17 acres 2-Car Garage Pool Waterleaf Ph A Sec 3B

Move-in ready and minutes from everything Kyle has to offer, this beautifully updated 3-bed, 2.5-bath home is the one you've been waiting for. Ideally located with easy access to I-35 between Austin and San Marcos, it sits in a wonderful pocket neighborhood, and is a great fit for first-time homebuyers, those downsizing, Texas State students, or anyone looking for a move-in-ready home without the hassle of updates.

Recent updates include premium Telluride wide-plank LVP flooring in light natural oak throughout, excluding wet areas, a fresh interior paint refresh in Sherwin-Williams Greek Villa, 6-inch baseboards and quarter round, a new Rheem Classic A2L 3.5-ton heat pump HVAC system, and a fully repaired, automated irrigation system.

Located just minutes from a great school system, enjoy Kyle's vibrant and growing food scene, from local favorites like Little Shady, Via 313, Rudy's Country Store and Bar-B-Q, and Texas Pie Company, to sit-down spots like Ilario's Italian Cuisine and Taste on Main. Everyday conveniences are just as close, with H-E-B, Walmart, Target, and Costco all within a short five to ten minute drive.

Simply unpack and settle in!

At $143/sqft, this home is 21% 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

344 Matthews Ln, Kyle, TX 78640

Property Details

Price $284,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,991 sqft
Lot Size 0.17 acres (7,226.6 sqft)
Year Built 2010
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf Ph A Sec 3B
County Hays
Zip Code 78640
$/sqft $143/sqft
Days on Market ,
HOA $1/Daily
Annual Tax Est. $7,983.73
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246277874
List Date September 17, 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
308 Shiro Dr
Bunton Creek Reserve Ph 2
$287,000 $141 3 bd / 3 ba 2,041 sqft , 2026-02-01
407 Avre Loop
Waterstone
$289,000 $176 3 bd / 2 ba 1,645 sqft , 2026-08-28
401 Waterleaf Blvd
Waterleaf Ph A Sec 1
$289,990 $116 3 bd / 3 ba 2,496 sqft , 2026-06-24
312 Sickle Loop
Harvest Creek Ph2
$290,000 $125 4 bd / 3 ba 2,327 sqft , 2026-09-04
573 Alamito Ave
Waterstone
$290,999 $153 3 bd / 2 ba 1,896 sqft , 2026-09-09

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
$1,368/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
$56,998
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (~2.1% TX avg)−$499
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-805

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 September 20, 2026.

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