Active Listing  ·  42 days on market

103 Maravilla Way

Horseshoe Bay, TX 78657
$599,000
3 Bed 4 Bath 2,931 sqft $204/sqft Built 2006 0.15 acres 2-Car Garage Pool Villas At Siena Creek Condo

Slow down and enjoy the lifestyle you've been working toward. Nestled in the gated Siena Creek community of Horseshoe Bay, this thoughtfully designed 3-bedroom, 3.5-bath home offers spacious living without the upkeep. HOA-maintained irrigation and lawn mowing means you'll spend less time on chores and more time enjoying golf, the lake, dining, and everything the Texas Hill Country has to offer. With nearly 3,000 square feet, each bedroom features its own private bath, providing comfort and privacy for both everyday living and visiting family and friends. The open living spaces are ideal for entertaining, while the peaceful setting makes it easy to relax and unwind. Whether you're looking for a full-time residence or a lock-and-leave Hill Country retreat, this home offers the space you want, the convenience you need, and the carefree lifestyle you deserve.

At $204/sqft, this home is 58% 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 Maravilla Way, Horseshoe Bay, TX 78657

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,931 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Villas At Siena Creek Condo
County Llano
Zip Code 78657
$/sqft $204/sqft
Days on Market ,
HOA $1,800/Annually
Annual Tax Est. $8,501.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237386754
List Date June 23, 2026
Elementary School Llano
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.

Schedule a Call →

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
134 Lucia Ct
Tuscan Village at Summit Rock
$599,000 $275 2 bd / 3 ba 2,177 sqft , 2026-08-03
413 Silver Spur
Horseshoe Bay Proper
$599,900 $249 3 bd / 3 ba 2,407 sqft , 2026-06-11
103 Oasis St #A
Horseshoe Bay Proper
$595,000 $274 2 bd / 2 ba 2,168 sqft , 2026-02-13
1322 Hi Cir N
Horseshoe Bay Proper
$579,000 $191 3 bd / 3 ba 3,024 sqft , 2026-04-30
204 Mountain Home Rd
Horseshoe Bay West
$575,000 $291 3 bd / 2 ba 1,979 sqft , 2026-03-11

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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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