For those keeping an eye on the Austin real estate market, you’ve likely heard of the town of Buda, Texas in the news as of late. In fact, Buda is one of the fastest-growing cities in Texas.
Whether you’re familiar with the Austin suburb or you’ve just recently learned about the town, you’re likely wondering what all of the business buzz is about.
At AQUILA, we make it our business to provide our readers with everything you need to know about the Austin-area real estate market.
- Where is Buda, TX?
- How big is Buda, TX?
- What are the key demographics of Buda?
- What makes Buda an attractive place for people to live?
- What is there to do in Buda?
- What kind of businesses are located in Buda?
- What are the main reasons tenants choose to locate their businesses in Buda?
- Who are the largest tenants in Buda?
- What are the largest properties in Buda?
Where is Buda, Texas?
Located 15 miles south of Austin, the growing town of Buda is an increasingly popular Austin suburb for businesses and homebuyers alike.
How big is Buda, Texas?
Buda is considered one of the fastest-growing cities in Texas. According to a report by Texas State Data Center in 2016, Buda’s population has seen a 77.9% increase from 2010 to 2015.
What are the key demographics of Buda?
The majority of Buda’s population is considered to be of working age, between the ages of 18 and 65, with a median age of 34 years old.
|Age of Buda Population|
|< 18 Years of Age||29.8%|
|18 – 65 Years of Age||64.0%|
|> 65 Years of Age||6.2%|
Source: U.S. Census Bureau, 2019
Residents of Buda are highly educated with 49.3% of the population aged 25 and older earning a bachelor’s degree or higher, slightly lower than the city of Austin and much higher than the state of Texas. The vast majority of Buda’s residents have at least a high school education with 98.3% of the population aged 25 and older having a high school diploma or higher, a higher percentage than both the city of Austin and the state of Texas.
|Buda Demographics Compared to Austin and Texas|
|Buda, TX||Austin, TX||State of Texas|
|High school graduate or higher (age 25+)||98.3%||89.1%||83.2%|
|Bachelor’s degree or higher (age 25+)||49.3%||50.4%||29.3%|
|Median Household Income||$89,688||$67,462||$59,570|
Source: U.S. Census Bureau, 2014 to 2018
The majority of Buda’s residents are married; of its population, 62% are married and 38% are single.
What makes Buda an attractive place for people to live?
Buda is one of the fastest-growing cities in Texas and is a popular option for Austinites looking for more affordable housing.
Buda has relatively affordable housing compared to Austin and is just 20 minutes from Downtown Austin, leading many people in the area to make the move to Buda to start families and build careers.
Schools in Buda
Buda is a part of the Hays Consolidated Independent School District. Hays CISD is home to 23 campuses serving 23,000 students. Hays CISD offers Career & Technical Education (CTE) programs and Science, Technology, Engineering, Arts, and Mathematics (STEAM) based education.
Buda’s proximity to Downtown Austin and San Marcos offers opportunities for individuals pursuing higher education. Buda is a 20-minute drive from the University of Texas at Austin and a 15-minute drive from Texas State University in San Marcos. Not to mention, the Austin Community College – Hays Campus is located off IH-35 between Kyle and Buda.
Housing Prices in Buda
|Median Housing Price||Price Per SF|
Source: Redfin, November 2020
Read Next: The State of Austin’s Housing Market in 2020
What is there to do in Buda, Texas?
Historic Downtown Buda
One of the biggest attractions in Buda is Downtown Buda, which is a nationally recognized historic site. Downtown Buda is home to six blocks of historic buildings, restaurants, shops, and places to relax.
Parks & Outdoor Spaces in Buda
Buda has an abundance of outdoor attractions to enjoy. In fact, Buda has such a high percentage of parkland that it was named “The Outdoor Capital of Texas” by the Texas State Legislature. In total, Buda has 13 parks across 268 acres of public parkland.
One of the most popular parks is the Historic Stagecoach Park. The park has a pavilion, amphitheater, playground, hike and bike trail, pond, and open park ground. This scenic park is home to acres of mesquite and oak trees along with abundant wildlife.
Events in Buda
Buda offers a variety of events to enjoy throughout the year. They have traditional events like an annual Easter egg hunt, a downtown Christmas event and a summer movie series.
But on the last weekend of April, a unique event held in Buda is the annual Buda Lions Country Fair & Wiener Dog Race, held on the last weekend of April. The fair starts with a pet parade followed by the wiener dog races! You can cheer on your favorite dog and enjoy the fair’s BBQ cook-off, live music, vendor booths, and best-dressed dog contest.
What kind of businesses are located in Buda, Texas?
Buda is primarily home to industrial businesses including companies like Ampersand Art Supply, an art supplies manufacturer, a Deep Eddy Vodka distillery, and Centex Materials, a sand and gravel supplier. Many of Buda’s top employers are manufacturers, distributors and construction companies.
A notable addition to Buda’s local economy is Amazon’s new distribution center. In July 2020, the Buda Economic Development Corporation (EDC) announced that Amazon would be opening a new delivery station in Buda by the end of 2020.
Buda has also established a retail presence in its Downtown and Regional Freeway submarkets.
A majority of the retail businesses in Downtown Buda are locally owned and operated shops. Stores like The Mercantile at Mill + Grain, a home good and apparel boutique, represent the eclectic mix of local businesses in Buda.
What are the main reasons companies choose to locate their businesses in Buda?
With suitable land available for development and a growing employee pool, it’s no wonder so many businesses are drawn to Buda.
According to the Buda EDC, “cost advantages, proximity to talented employees, incentives, and the ease of doing business” are among the many reasons businesses choose to locate in Buda.
For industrial businesses especially, Buda offers multiple advantages.
Access to Major Distribution Arteries
Industrial businesses can benefit from Buda’s access to major U.S. highways, access to major distribution centers and proximity to Austin’s customer base. The location along IH-35 allows for easy north to south distribution to Austin, Dallas, San Antonio and beyond.
By locating in Buda, employers have access to a growing and highly educated workforce. And, the town’s affordable housing prices make it a convenient place for talent to relocate or buy a home.
The City of Buda and Buda Economic Development Corporation provide incentive programs and resources like grants, legal services, and market information for different types of businesses that are locating in or expanding to Buda.
Additionally, Buda is one of the few communities in the Austin area to offer a “Triple Freeport” exemption on qualified inquiries.
Finally, the Buda Chamber of Commerce works with the Texas State University Small Business Development Center to provide assistance for entrepreneurs and start-up businesses
Who are the largest tenants in Buda, Texas?
A majority of Buda’s largest tenants are industrial and retail businesses.
Industrial Tenants in Buda
|Amazon||305,768||2956 Main St|
|US Foods||290,000||2150 Fire Cracker Dr|
|Deep Eddy Vodka||110,407||150 Precision Bldg A|
|Deep Eddy Vodka
||20,493||Buda Office Warehouse|
|Fat Quarter Shop||74,768||2899 Business Park|
|Rinchem Company Inc||46,700||1235 FM 967 S – Bldg 2|
|Dynamic Glass||30,000||980 S Loop 4|
|Royal Manufacturing||24,000||199 Park 35 Cv N|
|MI Box of Austin||20,000||15295 S IH-35|
|Cabela’s||185,000||15570 S I-35 Hwy|
|Walmart||231,765||Buda Town Center|
|H-E-B||58,000||15300 S IH-35|
What are the largest properties in Buda, Texas?
Large Industrial Space in Buda
Another notable property is the 290,000 sf industrial facility on 2150 Firecracker Dr. This industrial facility is one of the distribution centers for US Foods. This industrial facility is one of the distribution centers for US Foods and it serves as one of the main restaurant suppliers for Buda, Austin and the IH-35 corridor.
Deep Eddy Vodka, an Austin favorite, has a new distillery in Buda. The distillery is located in a 194,000-sf, two-building property on 150 Precision Dr. Deep Eddy Vodka occupies all of Building A and 20,493 sf of space in Building B.
Large Office Space in Buda
While there are not a large number of existing offices in Buda today, there is potential for development along on the pad sites along FM 967 near IH-35. It will be interesting to see what new development arises as Buda and the IH-35 corridor continue to grow.
Buda is a fast-growing Austin suburb that offers multiple advantages for families and businesses alike. For those who want access to Buda and all the benefits of a small close-knit community, Buda is the perfect place for your company and employees.
Is Buda not the place for you? Check out some of these other Austin suburbs:
- Your Guide to Leander, TX: One of the Nation’s Fastest-Growing Cities
- Your Guide to Hutto, Texas: Austin’s Newest Northeast Neighbor