Active Listing  ·  134 days on market

28 Country Oaks Dr

Buda, TX 78610
$949,000
5 Bed 4 Bath 3,000 sqft $316/sqft Built 1984 3.38 acres 2-Car Garage Pool Hays Country Oaks Sec 1

Set on over 3.35 acres with standout potential as a luxury short-term rental investment, 28 Country Oaks presents a compelling opportunity to generate income while enjoying space, privacy, and thoughtful updates just minutes from Austin and Downtown Buda, with quick access to SH-45. The recently updated residence features 4 bedrooms, 3 bathrooms, multiple living areas, and two dining spaces designed to accommodate both personal use and guest stays. Inside, the home features refreshed luxury vinyl plank flooring and crisp interior paint, creating a clean, cohesive feel throughout. The kitchen serves as a central gathering space, complete with Calacatta quartz countertops, white cabinetry accented by black hardware, a farmhouse sink, and updated appliances. The primary suite is generously sized and well-appointed, offering a double vanity, heated towel rack, jetted soaking tub, walk-in shower, spacious closet, and direct access to the back patio through French doors. Outdoors, the property truly shines as an experience-driven asset. A refinished in-ground pool with a slide and diving board creates a resort-style setting ideal for entertaining and short-term guests, all surrounded by expansive acreage that enhances privacy and appeal. Adding to the versatility and income potential is a newly constructed garage apartment spanning over 800 square feet. It features a full kitchen, living area, one bedroom, and one bathroom—ideal for hosting additional guests or creating a separate rental stream. Blending acreage living with modern updates and strong income potential, this property offers a unique opportunity in a highly accessible location.

At $316/sqft, this home is priced 66% 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

28 Country Oaks Dr, Buda, TX 78610

Property Details

Price $949,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,000 sqft
Lot Size 3.38 acres (147,450.6 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hays Country Oaks Sec 1
County Hays
Zip Code 78610
$/sqft $316/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,885.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222716744
List Date March 23, 2026
Elementary School Carpenter Hill
Middle School Eric Dahlstrom
High School Jack C Hays
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.

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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
181 Whitney Run
Elliott Ranch Ph Three
$919,000 $318 4 bd / 3 ba 2,886 sqft , 2026-03-27
744 W Bartlett Dr
Ruby Ranch Ph 7
$875,000 $292 4 bd / 3 ba 3,001 sqft , 2026-04-09
331 Mourning Dove Ln
Oak Forest Sec 2
$815,000 $242 5 bd / 4 ba 3,364 sqft , 2026-06-25
239 Whitney Run
Elliott Ranch
$1,100,000 $300 4 bd / 4 ba 3,668 sqft , 2026-03-05
311 Oak Forest Cv
Oak Forest Sec 2
$789,000 $308 4 bd / 3 ba 2,562 sqft , 2026-04-28

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
$4,555/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
$189,800
20% conventional investment loan

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

Estimated Gross Rent+$4,555
Principal + Interest−$5,179
Property Tax (~2.1% TX avg)−$1,661
Insurance (~0.5%)−$395
Est. Monthly Cash Flow $-2,680

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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