About This Home

The Clearwater - This new single-level home is host to an inviting open-concept floorplan with convenient access to a covered patio, ready for seamless entertaining and multitasking. Three secondary bedrooms are located off the foyer, with the luxe owner’s suite tucked into a private rear corner, complete with a spa-inspired bathroom and walk-in closet. Photos are for illustrative purposes only. Estimated Completion January 2027. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $142/sqft, this home is 22% 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

595 Alamito Ave, Kyle, TX 78640

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $286,999

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,024 sqft

Lot Size 0.10 acres (4,356 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Waterstone

County Hays

Zip Code 78640

$/sqft $142/sqft

Days on Market ,

HOA $60/Monthly

Annual Tax Est. $853.6

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT248000015

List Date September 25, 2026

Elementary School Hemphill

Middle School Laura B Wallace

High School Jack C Hays

School District ,

Have Questions About This Property?

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 25, 2026 $279,999

Previous ask $283,999

Current ask $286,999

▲ Increased $7,000 (+2.5%) 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

183 Seabreeze St
Waterstone $285,999 $139 4 bd / 2 ba 2,060 sqft , 2026-07-13

345 Sormonne Loop
Waterstone $288,999 $131 4 bd / 3 ba 2,211 sqft , 2026-08-14

407 Avre Loop
Waterstone $289,000 $176 3 bd / 2 ba 1,645 sqft , 2026-08-28

344 Matthews Ln
Waterleaf Ph A Sec 3B $284,990 $143 3 bd / 3 ba 1,991 sqft , 2026-09-17

243 Avre Loop
Waterstone $289,999 $141 4 bd / 2 ba 2,060 sqft , 2026-09-15

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

$1,378/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

$57,400

20% conventional investment loan

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

Estimated Gross Rent+$1,378

Principal + Interest−$1,566

Property Tax (~2.1% TX avg)−$502

Insurance (~0.5%)−$120

Est. Monthly Cash Flow $-810

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 →

About the Author

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 2, 2026.

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

595 Alamito Ave

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

595 Alamito Ave

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Kyle, TX

More Luxury Homes in Kyle

Explore Austin Real Estate