Active Listing  ·  162 days on market

380 Kenai Dr

Kyle, TX 78640
$240,000
3 Bed 2 Bath 1,157 sqft $207/sqft Built 2024 0.10 acres 2-Car Garage Pool New Construction Paramount

Inside, you are greeted by a nicely-sized foyer area that flows directly to your convenient, integrated family room and dining space. Also residing in this area is a convenient storage closet, as well as access to your two-car garage. Opening up to your welcoming family room and dining area is your sizable kitchen area boasting granite countertops with a ceramic tile backsplash, designer light fixtures, flat-panel birch cabinets, industry-leading appliances, and an oversized walk-in pantry! You also have access to your built-in utility closet right beside the kitchen area. The secluded master suite resides next to the secondary bedroom and features a large walk-in closet, and a master bathroom complete with cultured marble countertops with double vanities and a super shower. This floor plan has just the right amount of space that will allow you to thrive and grow while making memories that will last a lifetime in your new home. Also, every CastleRock home is built with energy-efficient features. By enrolling each home into our Energy Plus program, we are able to accommodate comfort while saving energy. With features like Low E3 cube windows, third-party inspected insulation, 16 SEER hvac system, and high-efficiency lighting, you will never have to sacrifice comfort and flexibility in the Topaz home. Like a rare gem, the Topaz floor plan shines with originality and style!

At $207/sqft, this home is priced 14% 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

380 Kenai Dr, Kyle, TX 78640

Property Details

Price $240,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,157 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paramount
County Hays
Zip Code 78640
$/sqft $207/sqft
Days on Market ,
HOA $420/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230094128
List Date May 14, 2026
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
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 · May 14, 2026 $275,000
Previous ask $258,000
Current ask $240,000
▼ Reduced $35,000 (-12.7%) 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
626 Atlantis None
Post Oak Ph 3
$234,900 $182 3 bd / 2 ba 1,292 sqft , 2026-03-13
233 Alpha None
Post Oak Sub Ph 6
$234,900 $171 3 bd / 2 ba 1,371 sqft , 2026-09-16
101 Rafe Ct
Post Oak Sub Ph 6
$249,000 $170 3 bd / 2 ba 1,467 sqft , 2026-10-15
171 Acadia Dr
Paramount
$250,000 $161 3 bd / 2 ba 1,549 sqft , 2026-04-02
108 Zion Dr
Paramount
$275,440 $206 3 bd / 2 ba 1,335 sqft , 2025-12-09

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
$1,152/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
$48,000
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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 23, 2026.

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