Active Listing  ·  82 days on market

417 Sormonne Loop

Kyle, TX 78640
$353,999
5 Bed 3 Bath 2,556 sqft $138/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction Waterstone

The Napali - This new two-story home features a single-level owner’s suite, offering a serene retreat with a full bathroom and walk-in closet. A secondary bedroom is located near the front of the home, while an open-concept floorplan encourages seamless indoor-outdoor living with access to an inviting covered porch. On the second level, a bonus room provides a versatile shared living area easily accessible from three additional secondary bedrooms. Photos are for illustrative purposes only. Estimated Completion August 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $138/sqft, this home is 26% 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

417 Sormonne Loop, Kyle, TX 78640

Property Details

Price $353,999
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,556 sqft
Lot Size 0.15 acres (6,751.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterstone
County Hays
Zip Code 78640
$/sqft $138/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230134298
List Date May 14, 2026
Elementary School Hemphill
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.

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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
150 Tofalla None
Plum Creek Ph 2 Sec 3
$355,000 $139 5 bd / 3 ba 2,547 sqft , 2026-04-04
154 Screech Owl Dr
Meadows At Kyle Ph Four
$355,000 $128 4 bd / 3 ba 2,770 sqft , 2026-07-27
310 Romans Rd
Parkton Square
$355,490 $196 4 bd / 2 ba 1,815 sqft , 2026-04-16
441 Mountain Pea Rd
SOUTHGROVE
$355,960 $174 4 bd / 3 ba 2,043 sqft , 2026-07-08
175 Seabreeze St
Waterstone
$351,999 $159 4 bd / 3 ba 2,207 sqft , 2026-07-21

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
$1,699/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
$70,800
20% conventional investment loan

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

Estimated Gross Rent+$1,699
Principal + Interest−$1,932
Property Tax (~2.1% TX avg)−$619
Insurance (~0.5%)−$147
Est. Monthly Cash Flow $-999

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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