Active Listing  ·  2 days on market

698 Clarissa St

Buda, TX 78610
$459,990
4 Bed 3 Bath 2,786 sqft $165/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Colony at Cole Springs

Experience luxury living withing walking distance to downtown Buda, in this stunning 2-story, open concept home featuring 4 bedrooms, 2 bathrooms, and a covered patio. Elegant 8-foor front and interior doors create a grand and airy feel throughout, and luxury plank flooring adds sophisticated style. The designer kitchen is beautifully appointed with stainless steel appliances, 42" cabinets, and a custom back splash. Thoughtfully designed with premium finishes throughout, this exceptional home is a must see.

At $165/sqft, this home is 12% 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

698 Clarissa St, Buda, TX 78610

Property Details

Price $459,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,786 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Colony at Cole Springs
County Hays
Zip Code 78610
$/sqft $165/sqft
Days on Market ,
HOA $180/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT249012059
List Date October 6, 2026
Elementary School Elm Grove
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
1694 Oyster Crk
White Oak Preserve Sec One
$459,000 $188 4 bd / 3 ba 2,445 sqft , 2026-09-08
358 Callahan Loop
Colony at Cole Springs
$461,990 $227 4 bd / 3 ba 2,038 sqft , 2026-05-06
353 Champ Ave
Colony at Cole Springs
$464,990 $203 3 bd / 2 ba 2,290 sqft , 2026-09-01
121 Antioch Colony Dr
Colony at Cole Springs
$466,990 $191 4 bd / 6 ba 2,449 sqft , 2026-05-19
143 Antioch Colony Dr
Colony at Cole Springs
$466,990 $229 4 bd / 3 ba 2,038 sqft , 2026-06-05

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
$2,208/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
$91,998
20% conventional investment loan

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

Estimated Gross Rent+$2,208
Principal + Interest−$2,510
Property Tax (~2.1% TX avg)−$805
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,299

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

More Luxury Homes in Buda

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 October 7, 2026.

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