Active Listing  ·  195 days on market

382 Smithsonian Ln

Kyle, TX 78640
$329,500
3 Bed 2 Bath 1,452 sqft $227/sqft Built 2024 0.14 acres 2-Car Garage Pool Anthem Ph 2

Nearly new & beautifully maintained, this inviting home in the Anthem community offers modern comfort, thoughtful design & a convenient location just west of downtown Kyle, Texas, proudly known as the Pie Capital of Texas.

382 Smithsonian Ln, offers 1,452 sqft of well-designed living space with 3 bedrooms & 2 bathrooms. Built less than 2 years ago and in like-new condition, the home features custom touches & a bright open layout ideal for everyday living & entertaining.

Step inside to an inviting foyer with durable tile flooring leading into the heart of the home. Two secondary bedrooms just off the hallway offer comfortable space and natural light while remaining private from the main living areas. The hallway opens into a spacious open-concept living area where the kitchen, dining, and living spaces flow together. The living room is filled with natural light and offers a flexible layout for relaxing or entertaining.

At the center of the home, the kitchen features a large granite island with seating, stainless steel appliances, modern cabinetry & a stylish tile backsplash. The dining area sits just beyond the kitchen & overlooks the backyard, creating a bright setting for meals or gatherings.

Privately located toward the rear of the home, the primary suite offers a peaceful retreat with generous space, large windows & a spacious walk-in closet. The backyard provides plenty of outdoor space with no direct rear neighbors.

Residents of Anthem enjoy resort-style amenities about an 11-minute walk away, including a community pool, basketball & pickleball courts & gathering spaces. Cullin Elementary School is located just two blocks away.

Nearby attractions include Lake Kyle, EVO Entertainment, parks & the remodeled H-E-B Plus. Wimberley & Driftwood wineries are a short drive away, while downtown Austin is easily accessible. Major employers including Amazon & FedEx on Yarrington Rd & Kohlers Crossing are nearby.

At $227/sqft, this home is priced 25% 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

382 Smithsonian Ln, Kyle, TX 78640

Property Details

Price $329,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,452 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Anthem Ph 2
County Hays
Zip Code 78640
$/sqft $227/sqft
Days on Market ,
HOA $195/Quarterly
Annual Tax Est. $9,346.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221229792
List Date March 12, 2026
Elementary School Laura B Negley
Middle School R C Barton
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 · March 12, 2026 $337,000
Current ask $329,500
Reduced $7,500 (-2.2%) 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
214 Spangle Way
Anthem Cottages Condo
$314,990 $211 3 bd / 2 ba 1,491 sqft , 2026-09-14
142 Delaware Ln
Anthem Cottages Condo
$311,990 $219 3 bd / 2 ba 1,427 sqft , 2026-09-14
160 Prodigal Way
Anthem
$347,990 $204 3 bd / 2 ba 1,702 sqft , 2026-04-02
242 Reveille Dr
Anthem Cottages Condo
$355,000 $240 3 bd / 2 ba 1,482 sqft , 2026-08-27
149 Maverick Ave
Anthem
$299,990 $169 3 bd / 3 ba 1,776 sqft , 2026-05-07

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
$1,582/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
$65,900
20% conventional investment loan

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

Estimated Gross Rent+$1,582
Principal + Interest−$1,798
Property Tax (~2.1% TX avg)−$577
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-930

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 22, 2026.

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