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$340,000

246 Simon, Kyle, TX, 78640

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Oven, Gas Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Private Yard

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR150032
Lot Number18
SubdivisionPlum Creek Phase 1 Section 6h- 1
Land UseResidential
Legal DescriptionPLUM CREEK PHASE 1 SECTION 6H- 1, BLOCK E, LOT 18 TAX CODES:PCC,RSP,SHA,WEU,WPC,ACCD,EHA
Census Tract010909
Assessed Land Value$70,800
Assessed Improvement Value$265,053
Assessment Year2025

About this property

Situated in a gated portion of Plum Creek known as The Peninsula, this exceptionally maintained two-story home on a larger corner lot features an open floor plan on the first floor with a spacious living area and half bath. The kitchen has granite countertops with abundant storage. Refrigerator is included. All bedrooms upstairs. Laundry room upstairs and washer/dryer are included. Full guest bath upstairs. Primary bedroom has en suite. Front lawn watering and maintenance are handled by the HOA and included with the rent. Pets will be case by case.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$233,500Estimated Mortgage Balance
$128,805Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,067
$335,853
2025
$70,800
$265,053
$335,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,067
$335,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$233,500
No
First
May 24, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,605
$124,248
36%
62%
$1,400/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,270/mo
$1,740/mo
+$530/mo
8.0%

Learn About the Market: Opportunity in Texas

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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.

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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

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