Active Listing  ·  10 days on market

353 Sormonne Loop

Kyle, TX 78640
$320,999
4 Bed 3 Bath 2,024 sqft $159/sqft Built 2026 0.10 acres 2-Car Garage Pool Waterstone
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About This Home

The Clearwater - This new single-level home is host to an inviting open-concept floorplan with convenient access to a covered patio, ready for seamless entertaining and multitasking. Three secondary bedrooms are located off the foyer, with the luxe owner’s suite tucked into a private rear corner, complete with a spa-inspired bathroom and walk-in closet. Photos are for illustrative purposes only. Estimated Completion November 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $159/sqft, this home is 15% 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

353 Sormonne Loop, Kyle, TX 78640

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Property Details

Price $320,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,024 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterstone
County Hays
Zip Code 78640
$/sqft $159/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $853.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243517912
List Date August 14, 2026
Elementary School Hemphill
Middle School Laura B Wallace
High School Jack C Hays
School District ,

Have Questions About This Property?

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.

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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 · August 14, 2026 $321,999
Current ask $320,999
▼ Reduced $1,000 (-0.3%) 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
101 Limestone Creek Way
Waterstone Crossing $320,990 $190 4 bd / 2 ba 1,688 sqft , 2026-06-10
185 Silver Springs Bnd
Cool Spgs Ph Ii $320,000 $167 3 bd / 2 ba 1,914 sqft , 2026-06-23
209 Evening Dusk Dr
Woodlands Park $319,900 $130 5 bd / 3 ba 2,452 sqft , 2026-08-03
150 Fossil Dr
Waterstone Crossing $323,990 $219 3 bd / 2 ba 1,477 sqft , 2026-08-14
393 Sormonne Loop
Waterstone $317,999 $157 4 bd / 3 ba 2,024 sqft , 2026-07-03

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
$1,541/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
$64,200
20% conventional investment loan

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

Estimated Gross Rent+$1,541
Principal + Interest−$1,752
Property Tax (~2.1% TX avg)−$562
Insurance (~0.5%)−$134
Est. Monthly Cash Flow $-907

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 · 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 August 18, 2026.

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