Active Listing  ·  74 days on market

484 Spider Lily Dr

Kyle, TX 78640
$297,500
3 Bed 3 Bath 1,753 sqft $170/sqft Built 2022 0.13 acres 2-Car Garage Pool Southgrove

Thoughtfully upgraded with features rarely found in comparable floor plans, this home stands out from surrounding new construction. The open-concept layout includes a spacious kitchen with a large curved island, abundant cabinetry, and seamless flow into the dining and living areas. The living room features an updated fireplace, while custom accent walls throughout the home add character and style. All rooms have huge closets. Situated on a larger lot, the backyard features a covered patio overlooking open farmland, providing peaceful views and added privacy. A dedicated dog run with an adorable dog house is already in place, or the space could easily be converted into a garden to fit your needs. With upgrades that set it apart from surrounding new construction, this move-in-ready home offers exceptional value, style, and functionality. Please verify schools, taxes, measurements and all information.

At $170/sqft, this home is 9% 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

484 Spider Lily Dr, Kyle, TX 78640

Property Details

Price $297,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,753 sqft
Lot Size 0.13 acres (5,519.05 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southgrove
County Hays
Zip Code 78640
$/sqft $170/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. $7,164.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235928904
List Date June 11, 2026
Elementary School Camino Real
Middle School McCormick
High School Johnson High School
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 11, 2026 $315,000
Previous ask $397,500
Current ask $297,500
Reduced $17,500 (-5.6%) 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
226 Coralbean Dr
SOUTHGROVE
$300,000 $127 4 bd / 3 ba 2,364 sqft , 2026-05-07
574 W Nautical Loop
Crosswinds Ph One
$300,000 $162 3 bd / 3 ba 1,848 sqft , 2026-06-15
433 Mountain Pea Rd
SOUTHGROVE
$293,280 $197 3 bd / 2 ba 1,489 sqft , 2026-06-24
173 Frostweed Dr
SOUTHGROVE
$305,000 $170 4 bd / 2 ba 1,796 sqft , 2026-05-08
124 Compass Ln
Crosswinds Ph One
$310,000 $188 3 bd / 2 ba 1,650 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
$1,428/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
$59,500
20% conventional investment loan

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

Estimated Gross Rent+$1,428
Principal + Interest−$1,624
Property Tax (~2.1% TX avg)−$521
Insurance (~0.5%)−$124
Est. Monthly Cash Flow $-841

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 16, 2026.

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