About This Home

** ASSUMABLE 3.375% FHA ** Single-story 3 bedroom, 2 bath home on a corner lot in Green Meadows. 1,469 square feet built in 2008, with tile flooring throughout and an open living, dining, and kitchen layout. The kitchen offers ample cabinet storage and a breakfast area, and the primary suite sits privately at the rear of the plan with a walk-in closet. Two secondary bedrooms share a full bath. Two-car garage and a fenced backyard on a 0.15 acre lot. Low HOA at $68 per quarter.

At $190/sqft, this home is priced in line with the Buda market average of $185/sqft across 476 active listings. View Austin market report →

Location

340 Feathergrass Dr, Buda, TX 78610

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Property Details

Price $279,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,469 sqft

Lot Size 0.15 acres (6,520.93 sqft)

Year Built 2008

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Green Meadows

County Hays

Zip Code 78610

$/sqft $190/sqft

Days on Market ,

HOA $68/Quarterly

Annual Tax Est. $6,198.81

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232217023

List Date June 5, 2026

Elementary School Tom Green

Middle School McCormick

High School Johnson High School

School District ,

Have Questions About This Property?

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 5, 2026 $299,900

Previous ask $289,900

Current ask $279,000

▼ Reduced $20,900 (-7.0%) 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

393 Moon Stone Trl
Stonefield Sec Twelve $275,000 $169 4 bd / 2 ba 1,627 sqft , 2026-07-15

299 Shale Cir
Stonefield Sec Eight $270,000 $175 3 bd / 2 ba 1,544 sqft , 2026-09-26

557 Porter Country Pkwy
Porter Country $289,999 $202 3 bd / 2 ba 1,434 sqft , 2026-06-13

233 Porter Country Pkwy
Porter Country Ph 1 $265,000 $187 3 bd / 2 ba 1,417 sqft , 2026-10-14

170 Sandstone Trl
Stonefield Sec Two $299,900 $153 4 bd / 2 ba 1,962 sqft , 2026-09-04

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

$1,339/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

$55,800

20% conventional investment loan

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

Estimated Gross Rent+$1,339

Principal + Interest−$1,523

Property Tax (~2.1% TX avg)−$488

Insurance (~0.5%)−$116

Est. Monthly Cash Flow $-788

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 →

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

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 September 30, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

340 Feathergrass Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Buda, TX

More Luxury Homes in Buda

340 Feathergrass Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Buda, TX

More Luxury Homes in Buda

Explore Austin Real Estate