Kyle Entry-Level Homes: Can Buyers Afford Them Now?

Deal of the Week

Deal of the Week · 590 Painted Creek WAY, Kyle TX 78640 · MLS #5907960 · Listed by Homecity Real Estate. ALEX valuation $614,000 is an ALEX Intelligence estimate, not an appraisal.

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 590 Painted Creek WAY, Kyle TX 78640 · MLS #5907960 Listed at $549,900, 5 bed, 4 bath, 3,282 sq ft. Listed 10% below the ALEX valuation; 15% under the local price per sq ft; price reduced 21% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179244850/590-Painted-Creek-WAY-Kyle-TX 2. 226 Coralbean DR, Kyle TX 78640 · MLS #4603358 Listed at $290,000, 4 bed, 3 bath, 2,364 sq ft. Listed 9% below the ALEX valuation; 32% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182519410/226-Coralbean-DR-Kyle-TX 3. 181 Cushman DR, Kyle TX 78640 · MLS #6076462 Listed at $275,000, 4 bed, 2.5 bath, 2,506 sq ft. Listed 4% below the ALEX valuation; 34% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182516252/181-Cushman-DR-Kyle-TX 4. 1148 Amberwood LOOP, Kyle TX 78640 · MLS #8276408 Listed at $250,000, 4 bed, 2 bath, 1,855 sq ft. Listed 9% below the ALEX valuation; 19% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185323738/1148-Amberwood-LOOP-Kyle-TX 5. 558 Nautical LOOP, Kyle TX 78640 · MLS #6117899 Listed at $325,000, 4 bed, 2.5 bath, 2,281 sq ft. Listed 7% below the ALEX valuation; 14% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183089742/558-Nautical-LOOP-Kyle-TX

Can buyers afford the median entry-level home in Kyle today? The answer depends on how current rates interact with recent price shifts. In September 2026, the median sale price for the bottom quartile of homes was $301,999 across 85 closed sales. This represents a 9% drop from the same month last year and a 6.8% decline from August. ALEX Intelligence applied an affordability model using the current mortgage rate of 7.4%, sourced from the Freddie Mac Primary Mortgage Market Survey for the week ending October 8, 2026. For a buyer with a loan amount of $241,599 at this rate, the principal and interest payment is approximately $1,673 per month. The data shows that while prices have softened, the cost of borrowing remains elevated compared to previous years. A 3-2-1 buydown would reduce the first-year rate to 4.4%, lowering the monthly payment by $463 and costing $11,292 upfront. Alternatively, a 2-1 buydown offers a one-year reduction to 5.4% for a cost of $5,736. With 85 closed sales in the entry-level tier this month, demand remains active despite the rate environment. The median price per square foot for these homes is $167, down 6.2% from last year. Buyers looking at Kyle's entry-level market should weigh the lower purchase price against the higher monthly financing costs. The sample size of 85 closed sales provides a robust view of this segment. As inventory levels shift and rates fluctuate, affordability will continue to be the primary driver for transaction volume in this price bracket. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951