Active Listing  ·  188 days on market

616 Scheel None

Kyle, TX 78640
$299,000
3 Bed 3 Bath 2,316 sqft $129/sqft Built 2004 0.12 acres 2-Car Garage Pool Plum Creek

NEW (2025) HVAC, FRESH PAINT AND NEW CARPET. Welcome to 616 Scheel, where thoughtful design meets the charm of Plum Creek living. Nestled beneath mature shade trees, this inviting two-story home offers 2,316 square feet of well-planned living space with 3 bedrooms, 2.5 bathrooms, an expansive upstairs loft, and an attached tandem two-car garage. Step inside to discover durable wood-look flooring flowing throughout the main living areas, creating a warm, low-maintenance foundation for everyday living. The open-concept layout seamlessly connects the spacious living room to the kitchen, where a breakfast bar, gas range, generous cabinetry, and ample prep space make cooking and entertaining effortless. Upstairs, a spacious loft provides endless flexibility—perfect as a second living room, media space, home office, or playroom. The oversized primary suite is a true retreat, featuring vaulted ceilings, abundant natural light, a large walk-in closet, and a private en-suite bathroom with dual vanities, a relaxing garden tub, and separate walk-in shower. Two additional bedrooms and a full bath with a tub/shower combination complete the second floor. Outside, enjoy peaceful mornings or evening gatherings beneath the covered back porch overlooking the fenced backyard, framed by mature trees that provide welcome shade and privacy. The attached tandem garage offers room for two vehicles, while the rear-entry driveway provides additional off-street parking. Located in the highly desirable Plum Creek community, residents enjoy miles of hike-and-bike trails, neighborhood parks, playgrounds, dog park, and community pools—all just minutes from shopping, dining, schools, and convenient access to I-35 for an easy commute to Austin or San Marcos.

At $129/sqft, this home is 29% 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

616 Scheel None, Kyle, TX 78640

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,316 sqft
Lot Size 0.12 acres (5,214.13 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Plum Creek
County Hays
Zip Code 78640
$/sqft $129/sqft
Days on Market ,
HOA $187/Quarterly
Annual Tax Est. $8,394.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227969956
List Date May 8, 2026
Elementary School Laura B Negley
Middle School R C Barton
High School Jack C Hays
School District HaysCONSISD

HaysCONSISD

Laura B Negley · R C Barton · Jack C Hays

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 · May 8, 2026 $324,900
Previous ask $300,000
Current ask $299,000
▼ Reduced $25,900 (-8.0%) 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
208 Martha Ln
Plum Creek Ph I Sec 4B
$299,000 $171 3 bd / 3 ba 1,749 sqft , 2026-09-17
168 Alexander None
Plum Creek Ph 1 Sec 6H-2
$300,000 $159 3 bd / 3 ba 1,881 sqft , 2026-07-31
1353 Beechwood Dr
Hometown Kyle Ph 1
$300,000 $116 4 bd / 3 ba 2,594 sqft , 2026-10-29
437 Hometown Pkwy
Hometown Kyle Ph 1
$288,000 $144 4 bd / 2 ba 1,998 sqft , 2026-08-17
188 Lexword Ln
The Park At Steeplechase
$287,000 $170 3 bd / 3 ba 1,689 sqft , 2026-08-08

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (assumed ~2.1%)−$523
Insurance (assumed ~0.5%)−$125
Est. Monthly Cash Flow $-845

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 · 41 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. The written content was last updated on November 10, 2026.

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

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