About This Home

Located in the heart of Horseshoe Bay, this well-maintained home offers comfortable living with a functional layout and quality finishes throughout. The property features an open living area, generous natural light, and a kitchen designed for both daily living and entertaining. The primary suite provides privacy and ample space, while additional bedrooms are well-sized for guests or a home office. Enjoy outdoor living with a manageable yard and easy access to Horseshoe Bay Resort amenities, golf courses, Lake LBJ, dining, and shopping. Ideal for full-time residence or a lock-and-leave lifestyle.

At $195/sqft, this home is 59% below the Horseshoe Bay active market average of $481/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

103 Birdie None, Horseshoe Bay, TX 78657

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Property Details

Price $475,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths 1

Living Area 2,440 sqft

Lot Size 0.28 acres (12,022.56 sqft)

Year Built 1994

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Horseshoe Bay Proper

County Llano

Zip Code 78657

$/sqft $195/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,492.8

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT216190837

List Date April 27, 2026

Elementary School Packsaddle

Middle School Llano

High School Llano

School District ,

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 27, 2026 $525,000

Previous ask $490,000

Current ask $475,000

▼ Reduced $50,000 (-9.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

310 Dogie Dr #A
Bay Hill Deck $475,000 $233 3 bd / 3 ba 2,036 sqft , 2026-05-29

1407 Swallow None
Horseshoe Bay South $468,000 $289 3 bd / 2 ba 1,617 sqft , 2026-05-20

611 Sun Ray None
Horseshoe Bay West $465,000 $279 3 bd / 2 ba 1,668 sqft , 2025-09-12

204 Blue Ground None
Horseshoe Bay West $465,000 $190 3 bd / 5 ba 2,450 sqft , 2026-03-05

101 Western Spur
Horseshoe Bay Proper $459,900 $277 3 bd / 2 ba 1,659 sqft , 2026-03-26

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

$2,280/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

$95,000

20% conventional investment loan

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

Estimated Gross Rent+$2,280

Principal + Interest−$2,592

Property Tax (~2.1% TX avg)−$831

Insurance (~0.5%)−$198

Est. Monthly Cash Flow $-1,341

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

103 Birdie None