$219,000

About This Property

Priced to reflect needed repairs, 140 Riley Cove is a value-driven opportunity in Kyle’s established Steeplechase neighborhood. This 3-bedroom, 2-bath home offers approximately 1,530 square feet and sits in a location that continues to grow in popularity for its convenience and community feel. Just minutes away is Steeplechase Park, a local favorite featuring a splash pad, dog park, playground, walking trails, sports fields, and picnic areas—perfect for enjoying the outdoors right in your neighborhood. Beyond the neighborhood, the location offers easy access to everything Kyle has to offer. Nearby schools include Susie Fuentes Elementary, Armando Chapa Middle School, and Lehman High School, all part of Hays CISD, along with multiple additional school options in the area. Healthcare and daily conveniences are close by, with quick access to medical facilities, shopping, dining, and entertainment along the I-35 corridor, plus an easy drive to both San Marcos and Austin for even more options. Sold as is, the home does have visible foundation-related cracking and the back fencing will need replacement, which has been thoughtfully reflected in the price. At $219,000, it is priced $47,390 below the property tax appraised value of $266,390—approximately 18% under appraised value—creating a compelling opportunity for buyers looking to get into a desirable area at a reduced price point. A great fit for investors, flippers, or buyers ready to personalize a home while taking advantage of the location, neighborhood amenities, and long-term upside Kyle continues to offer.

Property Details