Active Listing  ·  199 days on market

361 Romans Rd

Kyle, TX 78640
$297,990
3 Bed 2 Bath 1,936 sqft $154/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Parkton Square

Discover the perfect blend of comfort, style, and convenience with the Plan 3551 at Parkton Square! Offering approximately 1,936 square feet, this thoughtfully designed two-story home features 3 bedrooms, 2.5 bathrooms, and a versatile upstairs loft ideal for a game room, home office, or additional living space.

The open-concept main floor seamlessly connects the kitchen, dining, and living areas, creating an inviting space for everyday living and entertaining. The kitchen serves as the heart of the home, featuring a center island and pantry for added functionality. Retreat to the private first-floor primary suite, complete with a spacious bathroom and walk-in closet. Upstairs, two secondary bedrooms, a full bathroom, and a flexible loft provide room to accommodate a variety of needs.

Additional highlights include a dedicated laundry room, convenient drop zone, and covered patio—thoughtful features designed to make everyday living easier.

Located in the heart of downtown Kyle, Parkton Square offers convenient access to local dining, shopping, entertainment, and outdoor recreation. Enjoy nearby park amenities and the convenience of walking to Wallace Middle School. With easy access to surrounding areas and major employers, this location combines everyday convenience with a connected community feel.

Experience all that Parkton Square has to offer! Schedule your tour today and discover a home designed to fit your lifestyle.

At $154/sqft, this home is 15% 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

361 Romans Rd, Kyle, TX 78640

Property Details

Price $297,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,936 sqft
Lot Size 0.13 acres (5,684.58 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkton Square
County Hays
Zip Code 78640
$/sqft $154/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227849822
List Date April 27, 2026
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Kyle · Laura B Wallace · Jack C Hays

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 · April 27, 2026 $331,590
Previous ask $302,990
Current ask $297,990
▼ Reduced $33,600 (-10.1%) 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
310 Romans Rd
Parkton Square
$299,990 $165 4 bd / 2 ba 1,815 sqft , 2026-04-16
185 Silver Maple Dr
Hometown Kyle Ph 4 Sec 3
$299,990 $162 4 bd / 2 ba 1,848 sqft , 2026-08-01
1353 Beechwood Dr
Hometown Kyle Ph 1
$300,000 $116 4 bd / 3 ba 2,594 sqft , 2026-10-29
301 Romans Rd
Parkton Square
$301,990 $164 3 bd / 3 ba 1,846 sqft , 2026-08-25
437 Hometown Pkwy
Hometown Kyle Ph 1
$288,000 $144 4 bd / 2 ba 1,998 sqft , 2026-08-17

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
$1,430/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
$59,598
20% conventional investment loan

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

Estimated Gross Rent+$1,430
Principal + Interest−$1,626
Property Tax (assumed ~2.1%)−$521
Insurance (assumed ~0.5%)−$124
Est. Monthly Cash Flow $-841

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 · 41 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. The written content was last updated on November 11, 2026.

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

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