Different modeling concepts, a simple (black-box) to a fully distributed modeling (white-box), were used to develop a rainfall-runoff model based on the watershed characteristics to estimate runoff at the watershed outlet. A conceptual (grey-box) model is usually a balance between the black-box and white-box model. In this study, three grey-box models were developed by varying model structures for a karst watershed. The performance of the grey-box models was evaluated and compared with a semi-distributed type (white-box) model that was developed using the Soil and Water Assessment Tool in a previous study. The evaluation was carried out using goodness-of-fit statistics and extreme flow analysis using WETSPRO (Water Engineering Time Series Processing tool). Nash-Sutcliffe efficiencies (NSE) of the grey-box models were from 0.39 to 0.77 in the calibration period and from 0.30 to 0.61 in the validation period. However, the white-box model performed better in terms of NSE but has a higher bias. The best grey-box model performed better in simulating extreme flow, whereas the white-box (SWAT) model adequately simulated daily flows.