Active Listing  ·  14 days on market

300 Gilmer Ln

Buda, TX 78610
$357,990
4 Bed 3 Bath 2,475 sqft $145/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Prairie Lakes

Estimated completion September! If you're looking for a home that feels open, welcoming, and easy to live in, the Ozark at Prairie Lakes in Buda, TX delivers. With 2,536 square feet, 4 bedrooms, 3 full bathrooms, and a versatile game room, this thoughtfully designed two-story home balances spacious gathering areas with comfortable private retreats.

The heart of the home is its bright, open-concept layout, where the kitchen, dining area, and living room flow seamlessly together. The kitchen features a large center island, quartz countertops, stainless steel appliances, and a generous pantry, creating the perfect space for cooking, entertaining, and everyday living.

The first floor offers exceptional flexibility, including a private primary suite with a walk-in shower and oversized walk-in closet. A secondary bedroom and full bathroom near the front of the home provide an ideal setup for guests, multigenerational living, or a home office.

Upstairs, a spacious game room creates a second living area, while two additional bedrooms and a full bathroom provide room for everyone to spread out comfortably. Additional storage helps keep daily life organized.

The Ozark also includes professionally designed landscaping, a full irrigation system, and our America’s Smart Home® package, featuring a video doorbell, smart thermostat, smart lighting, and keyless entry. Contact us today and discover your new home at Prairie Lakes.

At $145/sqft, this home is 24% 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

300 Gilmer Ln, Buda, TX 78610

Property Details

Price $357,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,475 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 $145/sqft
Days on Market ,
HOA $80/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240642796
List Date July 21, 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 →

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
203 MUSTANG LAKE Cir
Prairie Lakes
$358,657 $159 4 bd / 3 ba 2,257 sqft , 2026-06-01
158 Fern Dr
Sunfield Ph Two Sec Six
$357,000 $193 4 bd / 2 ba 1,848 sqft , 2026-06-28
181 MUSTANG LAKE Cir
Prairie Lakes
$356,197 $158 4 bd / 3 ba 2,257 sqft , 2026-06-17
596 Rubber Tree Way
Sunfield
$359,860 $213 3 bd / 2 ba 1,689 sqft , 2026-04-16
135 Bayou Mint Blvd
Sunfield
$356,090 $182 4 bd / 3 ba 1,954 sqft , 2026-05-28

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
$1,718/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
$71,598
20% conventional investment loan

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

Estimated Gross Rent+$1,718
Principal + Interest−$1,954
Property Tax (~2.1% TX avg)−$626
Insurance (~0.5%)−$149
Est. Monthly Cash Flow $-1,011

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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