Active Listing  ·  114 days on market

148 Gilmer Ln

Buda, TX 78610
$337,990
4 Bed 3 Bath 2,042 sqft $166/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Prairie Lakes

148 Glimer Ln is a thoughtfully designed single-story home offering 2,042 square feet of living space in Prairie Lakes, located in Buda, TX. This spacious floorplan features 4 bedrooms, 3 bathrooms, a private study, and a 2-car garage, making it ideal for a variety of lifestyles.

A welcoming foyer leads to a secondary bedroom, full bathroom, and a private study, providing flexible space for guests or a home office. Further inside, the home opens to a spacious living area where the dining room, kitchen, and family room flow seamlessly together. The kitchen features a large center island, quartz countertops, stainless steel appliances, and a spacious pantry. The family room opens to a covered patio, perfect for indoor-outdoor living.

Two additional bedrooms and a full bathroom are located near the dining area, while the private primary suite is tucked at the back of the home. The suite features abundant natural light, dual vanities, and a large walk-in closet.

This home also includes a professionally designed landscape package, full irrigation system, and America’s Smart Home package featuring a Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat, Smart Light Switch, Kwikset Smart Lock, and more.

Residents of Prairie Lakes enjoy convenient access to I-35, shopping, dining, major employers, and an easy commute to Austin and surrounding Central Texas communities. Contact us today to schedule your tour and find your new home at Prairie Lakes.

At $166/sqft, this home is 9% below the Buda active market average of $182/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

148 Gilmer Ln, Buda, TX 78610

Property Details

Price $337,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,042 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Prairie Lakes
County Hays
Zip Code 78610
$/sqft $166/sqft
Days on Market ,
HOA $80/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240631581
List Date July 21, 2026
Elementary School Camino Real
Middle School McCormick
High School Johnson High School
School District HaysCONSISD

HaysCONSISD

Camino Real · McCormick · Johnson High School

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 · July 21, 2026 $341,490
Previous ask $336,990
Current ask $337,990
▼ Reduced $3,500 (-1.0%) 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
552 Gilmer Ln
Prairie Lakes
$338,990 $137 4 bd / 3 ba 2,473 sqft , 2026-07-07
212 Gilmer Ln
Prairie Lakes
$339,990 $166 4 bd / 3 ba 2,042 sqft , 2026-06-01
151 Mustang Lake Cir
Prairie Lakes
$342,990 $152 4 bd / 3 ba 2,257 sqft , 2026-09-11
118 Gilmer Ln
Prairie Lakes
$348,565 $141 4 bd / 3 ba 2,473 sqft , 2026-07-07
754 Williamson Rd #A
Ranchitos Of Niederwald
$349,000 $158 3 bd / 2 ba 2,208 sqft , 2026-10-13

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
$1,622/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
$67,598
20% conventional investment loan

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

Estimated Gross Rent+$1,622
Principal + Interest−$1,845
Property Tax (assumed ~2.1%)−$591
Insurance (assumed ~0.5%)−$141
Est. Monthly Cash Flow $-955

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 November 3, 2026.

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

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