About This Home

This gorgeous 1-story, open-concept home includes 3 bedrooms, 3 bathrooms, and a covered patio. Additional design options for this home include 8' front door and 8' interior doors throughout, high ceilings, luxury laminate plank flooring, no carpet, and modern design selections throughout. Designer kitchen includes stainless steel appliances, 30" 5 burner gas range. 42" cabinets, custom kitchen back splash, mud set tile shower floor and blinds throughout. This home offers natural light with ample windows. This is a must see!

At $235/sqft, this home is priced 25% above the Buda active market average of $188/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

124 Leland Ave, Buda, TX 78610

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Property Details

Price $424,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,811 sqft

Lot Size 0.14 acres (6,316.2 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Colony at Cole Springs

County Hays

Zip Code 78610

$/sqft $235/sqft

Days on Market ,

HOA $180/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT243186167

List Date August 12, 2026

Elementary School Elm Grove

Middle School Eric Dahlstrom

High School Johnson High School

School District ,

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 12, 2026 $444,990

Current ask $424,990

▼ Reduced $20,000 (-4.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

133 Antioch Colony Dr
Colony at Cole Springs $424,990 $209 4 bd / 3 ba 2,038 sqft , 2026-05-07

368 Callahan Loop
Colony at Cole Springs $424,990 $209 4 bd / 3 ba 2,038 sqft , 2026-06-05

164 Leland Ave
Colony at Cole Springs $426,990 $238 3 bd / 2 ba 1,792 sqft , 2026-09-15

275 Callahan Loop
Colony at Cole Springs $419,990 $230 3 bd / 2 ba 1,825 sqft , 2026-04-23

159 Antioch Colony Dr
Colony at Cole Springs $419,990 $234 3 bd / 2 ba 1,792 sqft , 2026-06-08

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

$2,040/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

$84,998

20% conventional investment loan

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

Estimated Gross Rent+$2,040

Principal + Interest−$2,319

Property Tax (~2.1% TX avg)−$744

Insurance (~0.5%)−$177

Est. Monthly Cash Flow $-1,200

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 →

About the Author

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 September 4, 2026.

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

124 Leland Ave

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Buda, TX

More Luxury Homes in Buda

124 Leland Ave

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Buda, TX

More Luxury Homes in Buda

Explore Austin Real Estate