Active Listing  ·  83 days on market

701 Sweet Gum None

Kyle, TX 78640
$338,000
3 Bed 2 Bath 2,025 sqft $167/sqft Built 2016 0.20 acres 2-Car Garage Pool Hometown Kyle Ph 3 Sec 6

Welcome home to this beautifully maintained one-story gem in Kyle, TX! Built in 2016, this 3-bedroom, 2-bathroom home offers 2,025 sq ft of thoughtfully designed living space filled with natural light throughout. The open and inviting main living area features a stunning limestone fireplace, soaring ceilings, and ceramic wood-look tile — carpet reserved only for the bedrooms. Charming window seats in both the kitchen and owner's bedroom add a warm, custom touch you won't find everywhere.

The kitchen is a chef's delight with rich cabinetry, granite countertops, a tile backsplash, stainless steel appliances, a center island, and a casual eat-in dining space. A flexible secondary room offers endless possibilities — use it as a formal dining room, home office, or second living area.

The owner's suite is a true retreat featuring a vaulted ceiling, window seat, and a spa-like en-suite bath complete with a garden tub, separate walk-in shower, and dual vanity. The secondary bathroom impresses with an oversized vanity.

Step outside to your private covered back porch with a ceiling fan — perfect for Texas evenings. The fully fenced backyard features a stone retaining wall, lush lawn, and a storage shed. Mature trees and manicured landscaping give this home standout curb appeal from every angle.

This home checks every box — schedule your showing today!

At $167/sqft, this home is 8% 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

701 Sweet Gum None, Kyle, TX 78640

Property Details

Price $338,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,025 sqft
Lot Size 0.20 acres (8,515.98 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hometown Kyle Ph 3 Sec 6
County Hays
Zip Code 78640
$/sqft $167/sqft
Days on Market ,
HOA $82.5/Quarterly
Annual Tax Est. $7,789.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236070075
List Date July 1, 2026
Elementary School Kyle
Middle School Laura B Wallace
High School Jack C Hays
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 · July 1, 2026 $345,000
Current ask $338,000
Reduced $7,000 (-2.0%) 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
303 Cold River Run
6 Creeks Ph 1 Sec 2
$339,000 $203 3 bd / 2 ba 1,673 sqft , 2026-06-13
280 Spruce Dr
Hometown Kyle Ph 1
$339,900 $183 4 bd / 2 ba 1,857 sqft , 2026-01-22
532 Sampson None
Plum Creek Ph 1 Sec 2G
$339,900 $183 3 bd / 3 ba 1,862 sqft , 2026-01-09
232 Tenny Ln
Sage Hollow
$339,999 $221 3 bd / 2 ba 1,537 sqft , 2026-06-22
132 Tenny Ln
Sage Hollow
$334,999 $161 3 bd / 3 ba 2,078 sqft , 2026-06-06

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
$1,622/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
$67,600
20% conventional investment loan

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

Estimated Gross Rent+$1,622
Principal + Interest−$1,845
Property Tax (~2.1% TX avg)−$592
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-956

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 September 11, 2026.

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