Active Listing  ·  48 days on market

102 Still Water None

Horseshoe Bay, TX 78657
$1,490,000
3 Bed 4 Bath 3,135 sqft $475/sqft Built 2026 0.43 acres 3-Car Garage Pool Applehead West

Don't miss this beautiful new build currently under construction by Lucas Anthony Homes in Horseshoe Bay West. The home featurestransitional design, elevated on a 0.4 acre lot on the corner of Broken hills and Still water, a chef's kitchen, a prep kitchen with doubleoven, 3 bedrooms with dedicated bathrooms, a study, and custom built-in-home cabinetry throughout, beautiful accent walls, colordrentched interior walls, Santa Fe smooth finish interior walls, a wet bar, 2 fireplaces, a 3 car garage, Aluminum/wood clad luxurywindows (no vinyl windows), outdoor grill on the covered patio, and premium finishes throughout in the community of Horseshoe BayWest. Finish selections can be made by buyer for a limited time. Finishes are subject to change by builder. Home is currently underconstruction. Expected completion November of 2026.

At $475/sqft, this home is priced 3% above the Horseshoe Bay active market average of $462/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

102 Still Water None, Horseshoe Bay, TX 78657

Property Details

Price $1,490,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,135 sqft
Lot Size 0.43 acres (18,730.8 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Applehead West
County Llano
Zip Code 78657
$/sqft $475/sqft
Days on Market ,
HOA $866.52/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242476499
List Date August 5, 2026
Elementary School Packsaddle
Middle School Llano
High School Llano
School District ,

Luke Allen (TREC #788149) has deep knowledge of Horseshoe Bay and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Horseshoe Bay

Comparable Listings Right Now

Homes currently for sale in Horseshoe Bay 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
143 Westgate Loop
Westgate Estates
$1,530,000 $375 4 bd / 4 ba 4,079 sqft , 2026-07-10
101 Silver Way None
Horseshoe Bay West
$1,549,000 $440 4 bd / 5 ba 3,517 sqft , 2026-07-24
101 Diamond Hl
Applehead West
$1,550,000 $412 3 bd / 4 ba 3,761 sqft , 2026-09-18
1317 Cats Eye None
Horseshoe Bay West
$1,575,000 $431 4 bd / 5 ba 3,656 sqft , 2026-08-07
212 Florentine None
Applehead West
$1,595,000 $429 4 bd / 4 ba 3,716 sqft , 2026-02-26

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
$7,152/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
$298,000
20% conventional investment loan

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

Estimated Gross Rent+$7,152
Principal + Interest−$8,132
Property Tax (~2.1% TX avg)−$2,608
Insurance (~0.5%)−$621
Est. Monthly Cash Flow $-4,209

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 Horseshoe Bay, TX

Horseshoe Bay sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 August 24, 2026.

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