Active Listing  ·  81 days on market

460 Waterleaf Blvd

Kyle, TX 78640
$298,000
3 Bed 2 Bath 1,700 sqft $175/sqft Built 2009 0.23 acres 2-Car Garage Pool Waterleaf Ph A Sec 1

Welcome to easy living in Kyle! This well-maintained 3-bedroom, 2-bath home has been thoughtfully cared for over the years and features several updates today’s buyers will appreciate. Enjoy a comfortable layout, inviting living spaces, and a location that puts you close to Kyle’s growing mix of parks, local restaurants, shopping, and community events. Whether you’re purchasing your first home or looking for a move-in ready option, this property offers a great opportunity to put down roots in one of Central Texas’ fastest-growing communities.

At $175/sqft, this home is 6% 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

460 Waterleaf Blvd, Kyle, TX 78640

Property Details

Price $298,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,700 sqft
Lot Size 0.23 acres (10,184.33 sqft)
Year Built 2009
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterleaf Ph A Sec 1
County Hays
Zip Code 78640
$/sqft $175/sqft
Days on Market ,
HOA $32/Monthly
Annual Tax Est. $6,828.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232254634
List Date June 4, 2026
Elementary School Tobias
Middle School Laura B Wallace
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 · June 4, 2026 $318,000
Previous ask $310,000
Current ask $298,000
Reduced $20,000 (-6.3%) 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
361 Wren Ln
Bunton Creek Reserve Ph 3
$295,000 $145 3 bd / 3 ba 2,041 sqft , 2026-03-13
1188 Grist Mill Rd
Infinity Square
$294,990 $179 3 bd / 2 ba 1,650 sqft , 2026-08-16
308 Shiro Dr
Bunton Creek Reserve Ph 2
$287,000 $141 3 bd / 3 ba 2,041 sqft , 2026-02-01
530 Sheep Trail Dr
Waterleaf Ph B Sec 1
$310,000 $173 3 bd / 3 ba 1,796 sqft , 2026-08-20
351 New Bridge Dr
Waterleaf Ph B Sec 5
$285,990 $136 3 bd / 3 ba 2,110 sqft , 2026-06-13

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
$1,430/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
$59,600
20% conventional investment loan

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

Estimated Gross Rent+$1,430
Principal + Interest−$1,626
Property Tax (~2.1% TX avg)−$522
Insurance (~0.5%)−$124
Est. Monthly Cash Flow $-842

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 23, 2026.

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