Active Listing  ·  509 days on market

598 Sweet Gum Dr

Kyle, TX 78640
$409,900
5 Bed 3 Bath 3,063 sqft $134/sqft Built 2015 0.24 acres 2-Car Garage Pool Hometown Kyle Ph 3 Sec 6

Welcome to Hometown Kyle, a charming and peaceful community just minutes from downtown Kyle, offering excellent dining and shopping options. This stunning 3,063 sq. ft. brick home, built in 2015, sits on a beautifully landscaped .24-acre corner lot. Step inside to a welcoming entryway, where a formal sitting room and dining room lead to the heart of the home—a spacious living room and kitchen designed for entertaining. The kitchen boasts abundant storage, a walk-in pantry, a breakfast bar, and ample counter space, with a dining area that flows seamlessly into the oversized living room.

Downstairs, you’ll find a guest bedroom with a closet and a full bathroom, perfect for visitors. Upstairs, the expansive loft offers endless possibilities as a game room or media center. Every bedroom is generously sized with walk-in closets, including the private primary suite. The primary retreat features a spa-like ensuite with dual vanities, a soaking tub, a separate walk-in shower, and a spacious walk-in closet. Enjoy the best of community living in this sought-after neighborhood!

At $134/sqft, this home is 28% 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

598 Sweet Gum Dr, Kyle, TX 78640

Property Details

Price $409,900
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 3,063 sqft
Lot Size 0.24 acres (10,454.4 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hometown Kyle Ph 3 Sec 6
County Hays
Zip Code 78640
$/sqft $134/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. $8,048
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT194005688
List Date April 2, 2025
Elementary School Kyle
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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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
284 Kimble Creek Loop
6 CREEKS
$415,000 $180 4 bd / 3 ba 2,300 sqft , 2026-03-03
265 Fawn River Run
6 Creeks Ph 1 Sec 4B
$400,000 $158 4 bd / 3 ba 2,529 sqft , 2026-08-20
472 Treadwell Ln
Sage Hollow
$399,999 $194 6 bd / 2 ba 2,067 sqft , 2026-07-22
117 Glocken Ln
Sage Hollow
$420,000 $179 4 bd / 3 ba 2,341 sqft , 2026-05-08
461 Coyote Creek Way
6 Creeks Ph 1 Sec 1
$399,000 $192 4 bd / 3 ba 2,082 sqft , 2026-06-10

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
$1,968/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
$81,980
20% conventional investment loan

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

Estimated Gross Rent+$1,968
Principal + Interest−$2,237
Property Tax (~2.1% TX avg)−$717
Insurance (~0.5%)−$171
Est. Monthly Cash Flow $-1,157

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

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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 July 29, 2026.

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