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ActiveMLS #3979291

123 Leland Ave, Buda TX 78610

Buda, TX 78610 · Colony at Cole Springs

Single Family Residence for sale in Colony at Cole Springs

5Bedrooms
3Bathrooms
3,017Square Ft
0.16Acres
2Garage
2026Year Built
Price Reduced
1 / 2
$509,990$535,990

Overview

Property Description

Brand new, energy-efficient home available by Sep 2026! Skip the theater and enjoy movie night at home from the comfort of the game room in the Kessler floorplan. Gray cabinets with marble-look white quartz countertops, warm beige EVP flooring, and multi-tone taupe carpet in our Radiant 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.

Financial Info
Price
$509,990
$ / Sqft
$169
HOA
Yes - Mandatory / $55 / Monthly
HOA Name
Goodwin & Company
HOA Includes
Common Area Maintenance
Tax Rate
2.86%
Est. Taxes
$3,500
Tax Year
2025
Exemptions
None
Legal Info
Address
123 Leland Ave
County
Hays
City
Buda
State
TX
Zip
78610
Subdivision
Colony at Cole Springs
Legal Description
THE COLONY PHASE 1, BLOCK Z, Lot 11, ACRES 0.152
Parcel
R215727
Interior Features
Floor
Vinyl
Num Living
1
Dining
1
Appliances
Microwave
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main
Master Main
Yes
Interior Features
Primary Bedroom on Main, Fire Alarm, Blinds
General Info
Beds
5 Total / 2 Main Level / 3 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / Under Construction
Square Feet
3,017 / Builder
Garages
2
Garage Desc
Garage
Foundation
Slab
Roof
Shingle
Construction
Spray Foam Insulation
Acres
0.16
Lot Description
Back Yard
Restrictions
See Remarks
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
HH
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Private Yard, Covered
Pool On Property
No
Area Amenities
Park

Rooms

Rooms3 rooms

Main level

  • Kitchen

    Center Island

  • Primary Bathroom

    Dual Vanity

  • Primary Bedroom

    Walk-In Closet(s)

Price history

Members only
Days on market
−$26,000 (−4.9%)
$535,990 → $509,990
2
Price reductions
Active
Since Jun 10, 2026
Price trend
List priceJun 2026Aug 2026
Property history3 events
DateEventPriceChange
Aug 19, 2026Price Decrease$509,990−$10,000 (−1.9%)
Aug 12, 2026Price Decrease$519,990−$16,000 (−3%)
Jun 10, 2026New Listing

Taxes

General Information
Owner
MERITAGE HOMES OF TEXAS LLC
Legal
THE COLONY PHASE 1, BLOCK Z, Lot 11, ACRES 0.152
Geo ID
111921000Z011002
Acreage
0.15
Exemptions
Exemption Type
INV
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$3,500
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$70,800$0$70,800$70,800

Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).

Schools

School Info
District
HaysCONSISD
Elementary
Buda
Middle
Eric Dahlstrom
High
Jack C Hays

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $509,990
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,296 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,296

Principal & interest
$2,579
Property taxes
$292
Homeowners insurance
$425

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$407,992$4,560$26,385$403,432
2$403,432$4,866$26,080$398,566
3$398,566$5,191$25,754$393,375
4$393,375$5,539$25,406$387,835
5$387,835$5,910$25,035$381,925
6$381,925$6,306$24,639$375,619
7$375,619$6,728$24,217$368,891
8$368,891$7,179$23,767$361,712
9$361,712$7,660$23,286$354,052
10$354,052$8,173$22,773$345,880
  • Year 1$403,432
    Principal paid
    $4,560
    Interest paid
    $26,385
    Starting balance
    $407,992
  • Year 2$398,566
    Principal paid
    $4,866
    Interest paid
    $26,080
    Starting balance
    $403,432
  • Year 3$393,375
    Principal paid
    $5,191
    Interest paid
    $25,754
    Starting balance
    $398,566
  • Year 4$387,835
    Principal paid
    $5,539
    Interest paid
    $25,406
    Starting balance
    $393,375
  • Year 5$381,925
    Principal paid
    $5,910
    Interest paid
    $25,035
    Starting balance
    $387,835
  • Year 6$375,619
    Principal paid
    $6,306
    Interest paid
    $24,639
    Starting balance
    $381,925
  • Year 7$368,891
    Principal paid
    $6,728
    Interest paid
    $24,217
    Starting balance
    $375,619
  • Year 8$361,712
    Principal paid
    $7,179
    Interest paid
    $23,767
    Starting balance
    $368,891
  • Year 9$354,052
    Principal paid
    $7,660
    Interest paid
    $23,286
    Starting balance
    $361,712
  • Year 10$345,880
    Principal paid
    $8,173
    Interest paid
    $22,773
    Starting balance
    $354,052
First 10 of 30 years

Nearby

Courtesy of Meritage Homes Realty · (210) 610-3085

Listings courtesy of ACTRIS as distributed by MLS GRID.