Active Listing  ·  4 days on market

10616 Midnight Sun Dr

Buda, TX 78610
$356,435
5 Bed 3 Bath 2,439 sqft $146/sqft Built 2026 0.13 acres 2-Car Garage Pool Stallion Run

MLS# 1975286 - Built by Century Communities - Dec 2026 completion! ~ The two-story Bristol plan offers ample space to meet your needs. Privately situated on the main floor, the owner's suite features a roomy walk-in closet and attached bath. Additional main-floor highlights include a second bedroom downstairs with a walk-in closet, a two-story foyer, a mudroom, and a spacious kitchen overlooking an open-concept dining area and great room. Upstairs, you'll enjoy a versatile loft space, plus three more bedrooms—two featuring walk-in closets.

At $146/sqft, this home is 23% below the Buda active market average of $189/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10616 Midnight Sun Dr, Buda, TX 78610

Property Details

Price $356,435
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,439 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 $146/sqft
Days on Market ,
HOA $88/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244085347
List Date August 20, 2026
Elementary School Creedmor
Middle School Ojeda
High School Del Valle
School District ,

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
10608 Midnight Sun Dr
Stallion Run
$355,880 $146 5 bd / 3 ba 2,439 sqft , 2026-07-09
10612 Midnight Sun Dr
Stallion Run
$350,895 $146 4 bd / 3 ba 2,396 sqft , 2026-08-20
10615 Trifecta Way
Stallion Run
$350,480 $146 4 bd / 3 ba 2,396 sqft , 2026-08-20
10602 Midnight Sun Dr
Stallion Run
$348,500 $154 4 bd / 3 ba 2,262 sqft , 2026-06-30
719 Clarissa St
Colony at Cole Springs
$369,990 $224 4 bd / 2 ba 1,655 sqft , 2026-07-17

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
$1,711/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
$71,287
20% conventional investment loan

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

Estimated Gross Rent+$1,711
Principal + Interest−$1,945
Property Tax (~2.1% TX avg)−$624
Insurance (~0.5%)−$149
Est. Monthly Cash Flow $-1,007

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 · 30 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. This page was last updated on August 21, 2026.

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