The versatile midfielder played in almost every game for the Hoops in a stellar season, scoring three goals in 46 appearances.
The winger joined the club in August 2020 from local side Kidlington FC and has been an ever-present in the team since then.
Despite preferring a more attacking role in the team, Coyle was a key-cog in the Hoops' defence this season, slotting into the role of left-wing back seamlessly.
Speaking after signing his new deal with the club, Coyle said: “I'm delighted to have signed another year."
"It was an easy decision to want to stay. It’s a great dressing room on and off the pitch and promotion was what we deserved last season.
"Obviously this year will be a massive challenge, but one I’m excited for.
"As a team, it will be good to test ourselves at the next level and we will do everything we can collectively to be competitive."