Active Listing  ·  69 days on market

401 Sormonne Loop

Kyle, TX 78640
$338,999
4 Bed 3 Bath 2,344 sqft $145/sqft Built 2026 0.16 acres 2-Car Garage Pool Waterstone
401 Sormonne Loop, photo 1
401 Sormonne Loop, photo 2
401 Sormonne Loop, photo 3
401 Sormonne Loop, photo 4
401 Sormonne Loop, photo 5
401 Sormonne Loop, photo 6
401 Sormonne Loop, photo 7
401 Sormonne Loop, photo 8
401 Sormonne Loop, photo 9
401 Sormonne Loop, photo 10
401 Sormonne Loop, photo 11
401 Sormonne Loop, photo 12

About This Home

The Cumberland - The second floor of this new two-story home is host to a flexible and spacious game room, great for entertaining and hosting. Off the foyer are three secondary bedrooms, leading to an inviting open-concept floorplan with access to a covered patio. The luxe owner’s suite is tucked into a private rear corner on the first floor, complete with a spa-inspired bathroom and walk-in closet. Photos are for illustrative purposes only. Estimated Completion September 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $145/sqft, this home is 22% 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

401 Sormonne Loop, Kyle, TX 78640

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $338,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,344 sqft
Lot Size 0.16 acres (7,143.84 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterstone
County Hays
Zip Code 78640
$/sqft $145/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236557661
List Date June 16, 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.

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 · June 16, 2026 $343,999
Previous ask $339,999
Current ask $338,999
▼ Reduced $5,000 (-1.5%) 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
260 Silver Springs Bnd
Cool Spgs Ph Ii $339,000 $166 4 bd / 3 ba 2,042 sqft , 2026-08-11
100 Basalt Bnd
Waterstone Crossing $339,990 $169 4 bd / 3 ba 2,012 sqft , 2026-06-23
361 Sormonne Loop
Waterstone $337,999 $144 4 bd / 3 ba 2,344 sqft , 2026-08-05
314 Avre Loop
Waterstone $333,999 $141 4 bd / 3 ba 2,368 sqft , 2026-05-14
417 Sormonne Loop
Waterstone $344,999 $135 5 bd / 3 ba 2,556 sqft , 2026-05-14

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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

Loading…
View All Luxury Homes →

Explore Austin Real Estate

Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 →