Active Listing  ·  43 days on market

10615 Midnight Sun Dr

Buda, TX 78610
$316,725
3 Bed 2 Bath 1,587 sqft $200/sqft Built 2026 0.13 acres 2-Car Garage Pool Stallion Run

MLS# 5652055 - Built by Century Communities - Jan 2027 completion! ~ This under-construction single-family residence in the Stallion Run subdivision offers 1,587 sq ft with an estimated completion date of 01-31-2027. The floorplan includes 3 bedrooms, 2 full baths, a single primary suite, a separate dining area and living area, plus a kitchen island and pantry. Open floorplan and recessed lighting provide a bright, modern living space. Interior features include a walk-in closet, wired-for-data outlets, smart home system with smart thermostat, gas dryer hookup, low-flow plumbing fixtures, and ample storage. Flooring is a combination of vinyl and carpet. Heating is central with natural gas and an exhaust fan; cooling is central air. Foundation is slab and the roof is composition shingle. Outside features include lighting, a private back yard with curbs. Two-car garage. Located in Del Valle ISD (Creedmoor Elementary, Ojeda Middle, Del Valle High). Construction stage: Incomplete. Year built: 2026.

At $200/sqft, this home is priced 10% above the Buda active market average of $182/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10615 Midnight Sun Dr, Buda, TX 78610

Property Details

Price $316,725
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,587 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stallion Run
County Travis
Zip Code 78610
$/sqft $200/sqft
Days on Market ,
HOA $88/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248391412
List Date September 30, 2026
Elementary School Creedmor
Middle School Ojeda
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Creedmor · Ojeda · Del Valle

Luke Allen (TREC #788149) has deep knowledge of Buda and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Buda

Comparable Listings Right Now

Homes currently for sale in Buda with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
10604 Trifecta Way
Stallion Run
$318,220 $201 3 bd / 2 ba 1,587 sqft , 2026-09-30
10100 Majestic Hawk Way
Willow Springs
$318,990 $156 3 bd / 2 ba 2,040 sqft , 2026-06-18
12308 Setting Peak Ln
Willow Springs
$318,990 $165 4 bd / 2 ba 1,938 sqft , 2026-06-18
10108 Majestic Hawk Way
Willow Springs
$313,990 $162 4 bd / 2 ba 1,938 sqft , 2026-06-18
12404 Setting Peak Ln
Willow Springs
$313,990 $165 4 bd / 2 ba 1,899 sqft , 2026-06-18

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,520/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$63,345
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,520
Principal + Interest−$1,728
Property Tax (assumed ~2.1%)−$554
Insurance (assumed ~0.5%)−$132
Est. Monthly Cash Flow $-894

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Buda, TX

Buda sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 25 min N
Downtown Austin 30 min N
Hays County job center 10 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 1, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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