Active Listing  ·  60 days on market

508 Gladiola Loop

Kyle, TX 78640
$245,000
3 Bed 2 Bath 1,535 sqft $160/sqft Built 2024 0.12 acres 2-Car Garage Pool SOUTHGROVE

Gorgeous home with all the bells and whistles on a private street. This single-level residence offers 1,535 square feet of thoughtfully designed living space, featuring 3 bedrooms, 2 bathrooms, and a 2-car garage. Enter through the lushly landscaped entryway into a spacious family room that opens seamlessly to the kitchen and dining area—perfect for everyday living and entertaining. The kitchen boasts quartz countertops, stainless steel appliances (refrigerator included), recessed lighting, and a center island for additional prep and gathering space. The private primary suite features a generous walk-in closet and a walk-in shower. Secondary bedrooms are well-sized, each with carpeted floors and ample closet space. Step outside to a spacious backyard with an expansive lawn—ideal for relaxing, entertaining, or accommodating pets. Irrigation system throughout for easy maintenance. Enjoy comfortable, easy living in a beautifully maintained home.

At $160/sqft, this home is 14% 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

508 Gladiola Loop, Kyle, TX 78640

Property Details

Price $245,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,535 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOUTHGROVE
County Hays
Zip Code 78640
$/sqft $160/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236843798
List Date June 25, 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.

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 · June 25, 2026 $255,000
Previous ask $250,000
Current ask $245,000
Reduced $10,000 (-3.9%) 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
717 Twisted Oaks Ln
SHADOW CREEK PHASE FIVE SEC ONE
$244,000 $145 3 bd / 3 ba 1,688 sqft , 2026-01-12
430 Twisted Oaks Ln
Shadow Creek Ph 4 Sec 1
$239,000 $182 3 bd / 2 ba 1,312 sqft , 2026-04-26
225 Vestral Rd
Shadow Creek
$257,500 $153 3 bd / 3 ba 1,688 sqft , 2026-08-14
230 Eagle Brook Ln
Shadow Creek Ph Five Sec One
$259,000 $153 3 bd / 3 ba 1,688 sqft , 2026-06-11
250 Twisted Oaks Ln
Shadow Creek Ph Eight Sec One
$263,000 $156 3 bd / 3 ba 1,688 sqft , 2026-04-28

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
$1,176/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
$49,000
20% conventional investment loan

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

Estimated Gross Rent+$1,176
Principal + Interest−$1,337
Property Tax (~2.1% TX avg)−$429
Insurance (~0.5%)−$102
Est. Monthly Cash Flow $-692

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

More Luxury Homes in Kyle

Loading…
View All Luxury Homes →
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 →