Active Listing  ·  40 days on market

331 Mourning Dove Ln

Buda, TX 78610
$815,000
5 Bed 4 Bath 3,364 sqft $242/sqft Built 2001 2.58 acres 3-Car Garage Pool Oak Forest Sec 2

Welcome to 331 Mourning Dove Lane, Buda, TX 78610, your private Texas retreat in the desirable Oak Forest community on the west side of Buda. Situated on 2.58 acres with POA, this beautifully maintained property offers the perfect combination of space, privacy, and modern efficiency.

Spanning 3,364 square feet, the home features 5 spacious bedrooms, 3 full bathrooms, and 1 half bath, including a flexible in-law floor plan ideal for multigenerational living, guests, or a private home office. The primary suite offers separate his-and-her closets, creating both convenience and ample storage.

Thoughtfully designed, the interior boasts soaring 9’4” ceilings, elegant tile and hardwood flooring, and rich laminated walnut and Brazilian cherry wood accents that add warmth and timeless character throughout. Energy-efficient features include blown-in insulation, double-pane windows, dual HVAC systems, and solar panels to help reduce utility costs year-round.

Outside, you’ll appreciate the 338-foot private driveway leading to a peaceful homesite surrounded by mature trees. The fully fenced backyard provides plenty of room to enjoy the outdoors, while the durable metal roof, full gutters, a 500-gallon propane tank, and a 1,200-gallon low-pressure septic system offer lasting functionality and peace of mind.

Car enthusiasts, RV owners, and hobbyists will love the oversized 1,000-square-foot garage featuring 8-foot-tall garage doors designed to accommodate larger trucks, SUVs, and boats. A dedicated laundry room with a utility sink adds everyday convenience.

Offering a low 1.8269 tax rate, generous acreage, and a prime location on the west side of Buda with convenient access to shopping, dining, schools, and major commuter routes, 331 Mourning Dove Lane delivers the perfect balance of peaceful country living and modern convenience. This rare Oak Forest property is ready to welcome you home.

At $242/sqft, this home is priced 27% 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

331 Mourning Dove Ln, Buda, TX 78610

Property Details

Price $815,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,364 sqft
Lot Size 2.58 acres (112,384.8 sqft)
Year Built 2001
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Forest Sec 2
County Hays
Zip Code 78610
$/sqft $242/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,088.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237677300
List Date June 25, 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
417 Lost Tree Dr
Sunfield Ph Five Sec Five
$796,140 $196 5 bd / 4 ba 4,052 sqft , 2026-07-17
311 Oak Forest Cv
Oak Forest Sec 2
$789,000 $308 4 bd / 3 ba 2,562 sqft , 2026-04-28
744 W Bartlett Dr
Ruby Ranch Ph 7
$875,000 $292 4 bd / 3 ba 3,001 sqft , 2026-04-09
323 Woodbrook Trl
Woodbrook Sub Ph 2
$750,000 $180 6 bd / 5 ba 4,162 sqft , 2026-04-28
186 Cyrus Milton Dr
Carpenter Hill Sec 4
$750,000 $249 5 bd / 4 ba 3,008 sqft , 2026-07-31

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
$3,912/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
$163,000
20% conventional investment loan

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

Estimated Gross Rent+$3,912
Principal + Interest−$4,448
Property Tax (~2.1% TX avg)−$1,426
Insurance (~0.5%)−$340
Est. Monthly Cash Flow $-2,302

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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