Active Listing  ·  90 days on market

358 Callahan Loop

Buda, TX 78610
$471,990
4 Bed 3 Bath 2,038 sqft $232/sqft Built 2026 0.16 acres 2-Car Garage Pool Colony at Cole Springs

Brand new, energy-efficient home available by Aug 2026! Skip your commute and work from home in the private study. Relax in the spacious primary suite. Linen cabinets with marble-look white quartz countertops, warm beige laminate flooring, and multi-tone taupe carpet in our Divine package. Now Selling! Colony at Cole Springs by Meritage Homes offers new homes in Buda, TX, where small-town charm meets modern living. Rooted in rich history, this community features trails, pickleball, and a pool, plus easy access to parks, shops, and events in downtown Buda. With top-rated Hays CISD schools and proximity to Austin and major employers, it’s a perfect place to breathe easy. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $232/sqft, this home is priced 22% 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

358 Callahan Loop, Buda, TX 78610

Property Details

Price $471,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,038 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Colony at Cole Springs
County Hays
Zip Code 78610
$/sqft $232/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228201929
List Date May 6, 2026
Elementary School Buda
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.

Schedule a Call →

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 · May 6, 2026 $501,990
Current ask $471,990
Reduced $30,000 (-6.0%) 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
13503 Settlers Farm Trce
Turner's Crossing
$471,510 $191 4 bd / 3 ba 2,466 sqft , 2026-07-20
345 Callahan Loop
Colony at Cole Springs
$470,990 $192 4 bd / 3 ba 2,449 sqft , 2026-05-07
251 Grey Leaf Rd
Sunfield
$473,907 $209 4 bd / 3 ba 2,264 sqft , 2025-10-09
365 San Saba Dr
Persimmon
$469,999 $267 3 bd / 2 ba 1,761 sqft , 2025-10-22
135 Comfort Dr
Persimmon
$469,999 $221 4 bd / 3 ba 2,123 sqft , 2026-04-15

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
$2,266/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
$94,398
20% conventional investment loan

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

Estimated Gross Rent+$2,266
Principal + Interest−$2,576
Property Tax (~2.1% TX avg)−$826
Insurance (~0.5%)−$197
Est. Monthly Cash Flow $-1,333

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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