Active Listing  ·  104 days on market

261 Callahan Loop

Buda, TX 78610
$489,990
3 Bed 3 Bath 2,750 sqft $178/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction Colony at Cole Springs

This gorgeous 2-story, open-concept home includes 4 bedrooms, 3.5 bathrooms, a study, covered patio, and a generous sized 2nd-story game room. Additional design options for this home include 8' front door, 8' interior doors on the first level, high ceilings, luxury vinyl plank flooring in main areas and modern design selections throughout. Designer kitchen includes stainless steel appliances, 30" 5 burner gas range, 42" cabinets, custom kitchen backsplash, mudset tile shower floor and blinds throughout. The entry and family room area both vault to the 2nd floor and offer natural light with the ample windows. This is a must see!

At $178/sqft, this home is 6% 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

261 Callahan Loop, Buda, TX 78610

Property Details

Price $489,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,750 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Colony at Cole Springs
County Hays
Zip Code 78610
$/sqft $178/sqft
Days on Market ,
HOA $180/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227278548
List Date April 22, 2026
Elementary School Elm Grove
Middle School Eric Dahlstrom
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 →

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
409 Grey Leaf Rd
Sunfield
$489,990 $184 4 bd / 3 ba 2,665 sqft , 2026-05-08
169 Soft Elm Dr
Sunfield Ph Three Sec Six B
$489,000 $183 4 bd / 3 ba 2,666 sqft , 2026-04-21
510 Maybrook Dr
Huntington Estates
$485,000 $262 4 bd / 2 ba 1,851 sqft , 2026-04-30
145 Cyrus Milton Dr None
Carpenter Hill Sec 4
$485,000 $220 3 bd / 2 ba 2,206 sqft , 2026-06-02
208 Daybreak Cv
Coves Of Cimarron
$495,000 $267 3 bd / 2 ba 1,851 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
$2,352/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
$97,998
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$857
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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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