Active Listing  ·  52 days on market

351 New Bridge Dr

Kyle, TX 78640
$285,990
3 Bed 3 Bath 2,110 sqft $136/sqft Built 2014 0.14 acres 2-Car Garage Pool Waterleaf Ph B Sec 5

Beautifully maintained two-story home in the desirable Waterleaf community of Kyle! Offering 2,110 square feet of versatile living space, this 3-bedroom, 2.5-bath home features an open-concept layout designed for comfortable everyday living and entertaining. The spacious family room flows seamlessly into the eat-in kitchen, complete with breakfast bar seating, abundant cabinetry, and a large pantry for exceptional storage.

Upstairs, a generous loft provides the flexibility for a second living area, game room, home office, or media space. The private primary suite offers a relaxing retreat, while the secondary bedrooms are well-sized and thoughtfully situated.

Enjoy mature shade trees, established landscaping, a covered front porch, and a large fenced backyard with no rear neighbors, offering added privacy and open views. A storage shed adds extra convenience and functionality.

Ideally located with easy access to I-35, shopping, dining, parks, and schools, this move-in-ready home offers the perfect blend of space, comfort, and value. Don't miss your opportunity to make this Waterleaf gem your next home!

At $136/sqft, this home is 27% 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

351 New Bridge Dr, Kyle, TX 78640

Property Details

Price $285,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,110 sqft
Lot Size 0.14 acres (6,072.26 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf Ph B Sec 5
County Hays
Zip Code 78640
$/sqft $136/sqft
Days on Market ,
HOA $378/Annually
Annual Tax Est. $7,462.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236164484
List Date June 13, 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
448 Nottingham Loop
Kensington Trails Sec 3B
$285,900 $208 3 bd / 2 ba 1,376 sqft , 2026-05-12
370 Holly Grove St
Waterleaf Ph A Sec 1
$285,000 $150 3 bd / 3 ba 1,900 sqft , 2026-02-07
531 Goldenrod St
Prairie On Creek Sec 3b
$285,000 $152 4 bd / 2 ba 1,870 sqft , 2026-06-25
308 Shiro Dr
Bunton Creek Reserve Ph 2
$287,000 $141 3 bd / 3 ba 2,041 sqft , 2026-02-01
450 Mountain Pea Rd
SOUTHGROVE
$284,960 $191 3 bd / 2 ba 1,489 sqft , 2026-07-17

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
$1,373/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
$57,198
20% conventional investment loan

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

Estimated Gross Rent+$1,373
Principal + Interest−$1,561
Property Tax (~2.1% TX avg)−$500
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-807

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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