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Step 1
Preheat the oven to 325 degrees Fahrenheit. Generously grease a 10-inch Bundt pan.
Step 2
In a large bowl, sift together flour, salt, baking powder, and baking soda.
Step 3
In a separate large bowl, add 1 cup of butter and 2 cups of sugar. Beat at medium-high speed until the mixture is light yellow and fluffy, about 3 to 4 minutes. (This process is called creaming the butter and sugar.)
Step 4
Beat in the eggs one at a time. Add the vanilla extract.
Step 5
Pour the dry ingredients and the buttermilk, alternatingly, into the butter-sugar-egg mixture. Beat for about 1 to 2 minutes at low speed, or just until the ingredients are well-combined.
Step 6
Pour the batter into the greased pan. Bake for 60 minutes. To test for doneness, stick the center of the cake with a toothpick. If it comes out clean, it’s done baking. Leave the cake in the pan.
Step 7
Using a fork or knife, poke holes in the warm cake.
Step 8
Make the butter sauce while the cake is baking. In a saucepan over medium heat, combine the remaining ¾ cups sugar, ⅓ cup butter, 2 teaspoons vanilla, and water. Stir until the mixture is combined, but do not let the mixture come to a boil.
Step 9
Pour butter sauce over the warm cake. Let the cake cool completely before removing it from the pan. Slice and enjoy!