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 laminate plank flooring In all rooms, and modern design selections throughout. Designer kitchen includes stainless steel appliances, 30" 5 burner gas range, 42" cabinets, custom kitchen backsplash, mudset tile shower floor and blinds throughout. This home offers natural light with the ample windows. This is a must see!

At $181/sqft, this home is 4% below the Buda active market average of $188/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

635 Clarissa St, Buda, TX 78610

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Property Details

Price $409,990

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,271 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 $181/sqft

Days on Market ,

HOA $180/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT228149810

List Date April 29, 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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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 · April 29, 2026 $453,190

Previous ask $434,990

Current ask $409,990

▼ Reduced $43,200 (-9.5%) 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

289 Serene Hollow Ln
Whispering Hollow Ph I Sec 4A $410,000 $151 5 bd / 4 ba 2,709 sqft , 2026-05-20

695 Clarissa St
Colony at Cole Springs $404,990 $180 4 bd / 2 ba 2,254 sqft , 2026-05-28

165 Antioch Church Dr
Colony at Cole Springs $404,990 $184 3 bd / 3 ba 2,199 sqft , 2026-06-03

683 Oyster Crk
Elm Grove Sec Three-B $415,000 $164 4 bd / 3 ba 2,529 sqft , 2026-09-02

161 Danbark Dr
White Oak Preserve $399,999 $223 4 bd / 2 ba 1,794 sqft , 2026-08-03

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

$1,968/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

$81,998

20% conventional investment loan

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

Estimated Gross Rent+$1,968

Principal + Interest−$2,237

Property Tax (~2.1% TX avg)−$717

Insurance (~0.5%)−$171

Est. Monthly Cash Flow $-1,157

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 15, 2026.

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

635 Clarissa St

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

635 Clarissa St

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