3 Bed2 Bath1,856 sqft$129/sqftBuilt 20090.13 acres2-Car GaragePoolThe Meadows At Buda Sec Two
About This Home
Investor / handyman special. Livable as is but needs TLC. Seller will not do any repairs.
At $129/sqft, this home is 31% below the Buda active market average of $188/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →
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.
Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.
Original ask · September 24, 2026$249,900
Current ask$239,900
▼Reduced $10,000 (-4.0%) from original ask
Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.
Similar Homes on the Market in Buda
Comparable Listings Right Now
Homes currently for sale in Buda with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.
AddressList Price$/sqftBeds/BathsSqftDOMListed
1089 Hot Spring Vly The Meadows At Buda Sec Two$289,800$1883 bd / 2 ba1,541 sqft,2026-08-28
258 Snow Owl Holw The Meadows At Buda Sec Three-A$299,000$1623 bd / 2 ba1,846 sqft,2026-07-23
461 Hot Spring Vly Meadows At Buda$299,900$1693 bd / 2 ba1,779 sqft,2026-04-16
381 Tranquility Mtn The Meadows At Buda Sec One$309,995$1583 bd / 2 ba1,960 sqft,2026-09-03
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
$1,152/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
$47,980
20% conventional investment loan
Monthly Cash Flow Breakdown (20% down · 7.25% rate)
Estimated Gross Rent+$1,152
Principal + Interest−$1,309
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow$-677
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:
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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 October 8, 2026.