About This Home

This gorgeous 1-story, open-concept home includes 3 bedrooms, 2 bathrooms, and a covered patio. Additional design options for this home include 8' front door and 8 'interior doors throughout, high ceilings, luxury vinyl plank flooring in the owners suite, and modern design selections throughout. Designer kitchen includes stainless steel appliances, 30" 5 burner gas range, 42" cabinets, custom kitchen back-splash, loor and blinds throughout. This home offers natural light with the ample windows. This is a must see!

At $241/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

609 Clarissa St, Buda, TX 78610

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Property Details

Price $365,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,517 sqft

Lot Size 0.14 acres (6,098.4 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Colony at Cole Springs

County Hays

Zip Code 78610

$/sqft $241/sqft

Days on Market ,

HOA $180/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT236694657

List Date June 17, 2026

Elementary School Elm Grove

Middle School Eric Dahlstrom

High School Johnson High School

School District ,

Have Questions About This Property?

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.

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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

1010 Magnolia Cv
Coves Of Cimarron Sec 2 Ph 2 $365,000 $209 3 bd / 2 ba 1,748 sqft , 2026-03-26

3618 Twin Glades Pass
Turner's Crossing $367,000 $185 4 bd / 3 ba 1,981 sqft , 2026-03-26

13215 Rindle Reach Dr
Turner's Crossing $367,520 $193 4 bd / 2 ba 1,901 sqft , 2026-06-22

110 Golden Bell Way
Sunfield $367,825 $207 4 bd / 2 ba 1,777 sqft , 2026-05-18

13216 Parsons Prairie Ln
Turner's Crossing $369,000 $206 3 bd / 2 ba 1,790 sqft , 2026-02-03

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

$1,757/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

$73,198

20% conventional investment loan

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

Estimated Gross Rent+$1,757

Principal + Interest−$1,997

Property Tax (~2.1% TX avg)−$640

Insurance (~0.5%)−$152

Est. Monthly Cash Flow $-1,032

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 →

609 Clarissa St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Buda, TX

More Luxury Homes in Buda

609 Clarissa St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Buda, TX

More Luxury Homes in Buda

Explore Austin Real Estate