Active Listing  ·  29 days on market

498 Backstays Loop

Kyle, TX 78640
$369,999
4 Bed 3 Bath 2,253 sqft $164/sqft Built 2026 0.29 acres 2-Car Garage Pool Crosswinds

The sizeable Owner's Suite, with a dual vanity bathroom and large walk-in closet, isn't the only thing to love about this layout. This 4-bedroom, 2.5-bathroom floor plan prioritizes comfort and connection with spacious communal areas, soaring 20' ceilings and expansive windows, filling the space with plenty of natural light. This floor plan is the perfect fit for hosting with a downstairs half bath, an expansive kitchen island, and an upstairs game room for additional entertainment space. Other favorite features include the walk-in utility room, substantial storage, added multi-use space in the living room, and a kitchen entry from the two-car garage for shorter grocery trips-all to make a home that is truly harmonious.

At $164/sqft, this home is 9% 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

498 Backstays Loop, Kyle, TX 78640

Property Details

Price $369,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,253 sqft
Lot Size 0.29 acres (12,632.4 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crosswinds
County Hays
Zip Code 78640
$/sqft $164/sqft
Days on Market ,
HOA $47/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247774414
List Date September 24, 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.

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 · September 24, 2026 $389,999
Current ask $369,999
▼ Reduced $20,000 (-5.1%) 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
750 Billowing Way
Crosswinds
$369,900 $187 3 bd / 3 ba 1,983 sqft , 2026-07-22
304 Bay Breeze Dr
Crosswinds
$379,900 $157 4 bd / 3 ba 2,427 sqft , 2025-11-15
349 Elephant Island Loop
Crosswinds
$359,999 $143 4 bd / 4 ba 2,512 sqft , 2026-09-23
345 Elephant Island Loop
Crosswinds
$359,999 $158 4 bd / 4 ba 2,274 sqft , 2026-09-23
326 Dogvane Cir
Crosswinds
$359,999 $167 4 bd / 3 ba 2,159 sqft , 2026-09-23

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
$1,776/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
$74,000
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (~2.1% TX avg)−$647
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,044

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 23, 2026.

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