Active Listing  ·  154 days on market

583 W Overlook Mountain Rd

Buda, TX 78610
$1,399,000
5 Bed 4 Bath 4,839 sqft $289/sqft Built 2003 1.90 acres 3-Car Garage Pool Elliott Ranch Ph Three

Luxury Living Hill Country Retreat. This home sits on beautifully landscaped 1.9 acres in the gated Elliott Ranch community. Located on a cul-de-sac street, the setting offers privacy & tranquility. The flat homesite features an inviting 2-story main house & detached guest cabana, totaling 4,839 sq ft, with the main home offering approximately 4,189 sq ft +/-.

Designed for comfort & functionality, the home is filled with natural light. The spacious primary suite provides a peaceful retreat, while the primary bath features dual vanities & a generous walk-in closet. French doors open to the dedicated office. The living room showcases high ceilings & a striking stone fireplace, flowing into the kitchen with breakfast nook overlooking the backyard. The formal dining room sits at the front of the home & is filled with natural light.

Upstairs includes 3 additional bedrooms, 2 full baths, a bonus living area & a large media room.

The backyard delivers a resort-style experience with a large pool featuring 9 in-water bar stools, built-in table, waterslide, beach entry & 7-ft stone waterfall. Approximately 2,000 sq ft of decking & a pavilion with fireplace provide ample entertaining space. The cabana includes a bedroom, full bath & kitchen. The pool area is equipped with speakers & wiring for outdoor TVs/projectors. There is also over 500sqft of storage area.

Low tax rate, Hays CISD. Comfort, privacy & resort-style living—ready to welcome you home.

Information provided is deemed reliable but not guaranteed. Buyer to verify all information.

At $289/sqft, this home is priced 52% 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

583 W Overlook Mountain Rd, Buda, TX 78610

Property Details

Price $1,399,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 4,839 sqft
Lot Size 1.90 acres (82,894.68 sqft)
Year Built 2003
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Elliott Ranch Ph Three
County Hays
Zip Code 78610
$/sqft $289/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. $16,072
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214745380
List Date March 3, 2026
Elementary School Carpenter Hill
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
850 Jerrys Ln
Hays Country Oaks Sec 1
$1,250,000 $255 5 bd / 5 ba 4,903 sqft , 2026-07-09
400 Creekside Dr
Ruby Ranch Ph 5
$1,645,000 $358 6 bd / 4 ba 4,600 sqft , 2026-06-06
239 Whitney Run
Elliott Ranch
$1,100,000 $300 4 bd / 4 ba 3,668 sqft , 2026-03-05
11600 S UHwy 183 S None
Austin skyline
$975,000 $207 4 bd / 3 ba 4,721 sqft , 2026-05-12

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
$6,715/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
$279,800
20% conventional investment loan

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

Estimated Gross Rent+$6,715
Principal + Interest−$7,635
Property Tax (~2.1% TX avg)−$2,448
Insurance (~0.5%)−$583
Est. Monthly Cash Flow $-3,951

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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