Active Listing  ·  64 days on market

212 Gilmer Ln

Buda, TX 78610
$340,990
4 Bed 3 Bath 2,042 sqft $167/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Prairie Lakes

212 Gilmer Ln is a thoughtfully designed single-story home offering 2,042 square feet of living space in Prairie Lakes 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 private study with additional storage, providing flexible space for guests or a home office. The home opens into 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 pantry. The family room opens to a covered patio, creating an ideal space for indoor-outdoor living. Two additional bedrooms and a full bathroom are located near the dining area, while the private primary suite is situated at the back of the home. The suite includes 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 with a Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat, Smart Light Switch, Kwikset Smart Lock, and more.

Residents 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 $167/sqft, this home is 12% below the Buda active market average of $190/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

212 Gilmer Ln, Buda, TX 78610

Property Details

Price $340,990
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 $167/sqft
Days on Market ,
HOA $80/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232201912
List Date June 1, 2026
Elementary School Camino Real
Middle School McCormick
High School Johnson High School
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 · June 1, 2026 $350,990
Previous ask $346,490
Current ask $340,990
Reduced $10,000 (-2.8%) 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
10614 Justify Ln
Stallion Run
$341,510 $170 4 bd / 3 ba 2,003 sqft , 2026-01-03
448 Tobin Dr
Bradfield Village Sec Two
$340,000 $171 3 bd / 3 ba 1,992 sqft , 2026-06-10
166 Joseph Dr
Sunfield Ph Two Sec Four
$340,000 $205 3 bd / 2 ba 1,660 sqft , 2026-07-16
210 Golden Bell Way
Sunfield
$339,990 $215 3 bd / 2 ba 1,581 sqft , 2026-05-19
12404 Setting Peak Ln
Willow Springs
$339,990 $179 4 bd / 2 ba 1,899 sqft , 2026-06-18

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
$1,637/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
$68,198
20% conventional investment loan

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

Estimated Gross Rent+$1,637
Principal + Interest−$1,861
Property Tax (~2.1% TX avg)−$597
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-963

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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