Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
B+
NoAgentList RatingHow are grades calculated? Info

$258,000

116 Spillway Dr, Kyle, TX, 78640

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,253 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR105098
Lot Number17
SubdivisionSouthlake Ranch Phase One
Land UseResidential
Legal DescriptionSOUTHLAKE RANCH PHASE ONE, BLOCK G, LOT 17 TAX CODES:PCC,RSP,SHA,WPC,ACCD,EHA
Census Tract010916
Assessed Land Value$63,720
Assessed Improvement Value$152,490
Assessment Year2025

About this property

Great home that the owner has taken great care of. Fresh paint, cleaned, new flooring installed approx. 1 year ago, new front and back doors were installed. The backyard offers tons of space and has no back neighbors. Enjoy your private backyard and place your kid's trampoline and still have room for your backyard furniture and BBQ grill. Bathrooms have Bluetooth speaker LED lights and the master bathroom just had the shower tile installed. The kitchen offers a dry bar area for entertainment and the pantry offers plenty of space as well. Even with all the backyard incentives this house offers, you have a covered front porch ready for your rocking chairs and an even bigger front yard with the perfect space for a hammock. Location is everything! Just a few streets away is the KYLE HEB/Shopping Center/restaurants and more. Use the attached PDF for instructions on how to apply.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$118,000Estimated Mortgage Balance
$144,240Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,287
$216,210
2025
$63,720
$152,490
$216,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,287
$216,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$118,000
No
First
May 20, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,943
$144,057
55%
44%
$708/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kyle

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

116 Spillway Dr | Property Details | No Agent List