Active Listing  ·  261 days on market

12509 Aquaplex Dr

Buda, TX 78610
$875,000
3 Bed 3 Bath 3,212 sqft $272/sqft Built 2008 0.54 acres 2-Car Garage Pool Waterfront Austin Aquaplex

Aquaplex is a private residential community just outside of Austin, Texas. We are dedicated to recreational and competitive waterskiing. Aquaplex was designed to accommodate competition water skiing at the “World Record” level. It was built in 1985 on a 60-acre site with dual lakes of approximately 36 acres. The Lake level is maintained by run-off from a 1600 acre watershed. A lake length of 2500 feet provides generous set-ups for each of the 2 record capability slalom courses and jump course. Lake widths range from 250 to 330 feet while lake depth is in the 8 to 10 foot range. Shorelines are sloped at a 10:1 ratio to eliminate rollback of boat wakes into the courses. Every skier knows that water is a little different everywhere. Some ski very fast, others seem overly slow. The physical properties of the water itself can make a big difference in the quality of skiing performances as the actual design of the shorelines and set-ups. Aquaplex enjoys a reputation for “easy” water.

The lakes are privately owned and managed by the Homeowners Association and are only usable by owners of lake lots and their guests. There are a total of 23 lots/homes.

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

12509 Aquaplex Dr, 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 0.54 acres (23,365.58 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Austin Aquaplex
County Travis
Zip Code 78610
$/sqft $272/sqft
Days on Market ,
HOA $2,000/Annually
Annual Tax Est. $8,552.22
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT212084018
List Date November 16, 2025
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.

Schedule a Call →

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 · November 16, 2025 $890,000
Current ask $875,000
Reduced $15,000 (-1.7%) 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
744 W Bartlett Dr
Ruby Ranch Ph 7
$875,000 $292 4 bd / 3 ba 3,001 sqft , 2026-04-09
1238 Little Bear Rd
Elliott Ranch Ph 04
$875,000 $272 3 bd / 3 ba 3,212 sqft , 2026-06-12
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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