Active Listing  ·  53 days on market

1238 Little Bear Rd

Buda, TX 78610
$875,000
3 Bed 3 Bath 3,212 sqft $272/sqft Built 2006 1.27 acres 3-Car Garage Pool Elliott Ranch Ph 04

This beautiful one-story home is situated on an acre+ lot full of mature trees and a manicured lawn in the highly desirable gated community of Elliott Ranch. 4-side Austin White stone; open, high sculptured ceilings; huge covered rear lanai; covered front porch; detached side-entry 3-car garage; huge owner retreat/spa! Living room features a stone double-sided fireplace. Relax and entertain by the stunning pool and spa ideal for the hot Texas Summers. Private fenced backyard. Perfect location with quick access to SH45 toll, short commute to downtown Austin, downtown Buda shops & restaurants. Top-rated Hays CISD schools. Low Tax Rate.

At $272/sqft, this home is priced 43% above the Buda active market average of $190/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1238 Little Bear Rd, Buda, TX 78610

Property Details

Price $875,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 3,212 sqft
Lot Size 1.27 acres (55,408.32 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Elliott Ranch Ph 04
County Hays
Zip Code 78610
$/sqft $272/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. $14,545.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236080101
List Date June 12, 2026
Elementary School Elm Grove
Middle School Eric Dahlstrom
High School Jack C Hays
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.

Schedule a Call →

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
12509 Aquaplex Dr
Austin Aquaplex
$875,000 $272 3 bd / 3 ba 3,212 sqft , 2025-11-16
744 W Bartlett Dr
Ruby Ranch Ph 7
$875,000 $292 4 bd / 3 ba 3,001 sqft , 2026-04-09
181 Whitney Run
Elliott Ranch Ph Three
$919,000 $318 4 bd / 3 ba 2,886 sqft , 2026-03-27
311 Oak Forest Cv
Oak Forest Sec 2
$789,000 $308 4 bd / 3 ba 2,562 sqft , 2026-04-28
299 Shiner St
Persimmon
$709,000 $282 4 bd / 4 ba 2,512 sqft , 2026-07-10

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
$4,200/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
$175,000
20% conventional investment loan

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

Estimated Gross Rent+$4,200
Principal + Interest−$4,775
Property Tax (~2.1% TX avg)−$1,531
Insurance (~0.5%)−$365
Est. Monthly Cash Flow $-2,471

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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