Active Listing  ·  56 days on market

422 Backstays Loop

Kyle, TX 78640
$328,500
4 Bed 3 Bath 2,159 sqft $152/sqft Built 2023 0.21 acres 3-Car Garage Pool Crosswinds Ph 5A/5B

Welcome to 422 Backstays Loop, a spacious single-story home in Kyle’s Crosswinds community offering 2,151 square feet and a versatile floor plan designed for both everyday living and entertaining. The open-concept kitchen and living areas create an easy gathering space, while multiple living areas, including an office/study, provide plenty of room to work, relax, and make the home your own. This lovely home features quartz countertops, upgraded kitchen cabinets, a water softener, alkaline water in the kitchen, and Revwood & tile floors (no carpet!). The primary suite features dual vanities, a walk-in shower, and a generous walk-in closet.

Out back is where this property really shines. With no neighbors directly behind, the backyard looks out toward open space with mature trees beyond the fence, creating a peaceful backdrop that feels refreshingly removed from typical neighborhood living. Established trees and Texas sage add to the setting, while the grassy yard offers plenty of room to enjoy the outdoors and the multitude of bird species (Bluejays, Cardinals, Mockingbirds, Doves (Various), Hummingbirds, Hawks, Mexican Eagles, and Redwing Blackbirds to name a few!).

Crosswinds residents enjoy a community pool, a shaded kiddie pool, a park, a playground, pickleball and basketball courts, open green space, sidewalks, and trails that connect throughout the neighborhood.

This property is being offered as a short sale, and all terms are subject to lender approval. An opportunity for a buyer willing to navigate the short-sale process to make this well-located Crosswinds home their own.

At $152/sqft, this home is 16% 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

422 Backstays Loop, Kyle, TX 78640

Property Details

Price $328,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,159 sqft
Lot Size 0.21 acres (9,330.55 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds Ph 5A/5B
County Hays
Zip Code 78640
$/sqft $152/sqft
Days on Market ,
HOA $550/Annually
Annual Tax Est. $11,819.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244999594
List Date August 28, 2026
Elementary School Ralph Pfluger
Middle School Armando Chapa
High School Lehman
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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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 · August 28, 2026 $335,000
Current ask $328,500
▼ Reduced $6,500 (-1.9%) 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
277 Spinnaker Loop
Crosswinds Ph Two
$330,000 $188 3 bd / 2 ba 1,760 sqft , 2026-08-15
596 Backstays Loop
Crosswinds
$326,499 $165 4 bd / 4 ba 1,980 sqft , 2026-06-25
195 White Horses Dr
Crosswinds Ph 5A/5B
$325,000 $167 3 bd / 3 ba 1,948 sqft , 2026-06-26
130 Starboard Ln
Crosswinds Ph One
$325,000 $154 4 bd / 3 ba 2,110 sqft , 2026-09-23
136 Charing Cv
Kensington Trails Sec 5A
$324,800 $127 4 bd / 3 ba 2,551 sqft , 2026-08-07

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
$1,577/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
$65,700
20% conventional investment loan

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

Estimated Gross Rent+$1,577
Principal + Interest−$1,793
Property Tax (~2.1% TX avg)−$575
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-928

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 October 19, 2026.

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