About This Home

Searching for a luxury Horseshoe Bay home under $1 million? This single-story golf course home in Horseshoe Bay West offers nearly 3,000 square feet, beautiful Ram Rock Golf Course views and the relaxed Lake LBJ lifestyle buyers come to Horseshoe Bay to find.

Located in desirable Horseshoe Bay West, 103 Stillwater offers nearly 3,000 square feet with 3 bedrooms, 3.5 baths and an open, light-filled floor plan overlooking the 4th fairway of Ram Rock Golf Course. Enjoy a covered outdoor living area with a stone fireplace, low-maintenance yard and peaceful golf course views. Ideal as a full-time home, lock-and-leave Hill Country retreat or second home near Lake LBJ, with championship golf, boating, marina access, pickleball, tennis, dining and resort amenities nearby.

At $338/sqft, this home is 27% below the Horseshoe Bay active market average of $462/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

103 Stillwater None, Horseshoe Bay, TX 78657

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $999,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths 1

Living Area 2,959 sqft

Lot Size 0.29 acres (12,776.15 sqft)

Year Built 2016

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Horseshoe Bay West

County Llano

Zip Code 78657

$/sqft $338/sqft

Days on Market ,

HOA $866/Annually

Annual Tax Est. $12,066.82

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT218368758

List Date February 4, 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.

Schedule a Call →

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 · February 4, 2026 $999,999

Current ask $999,000

▼ Reduced $999 (-0.1%) 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

104 Smugglers Cv
Horseshoe Bay West $999,000 $316 4 bd / 3 ba 3,160 sqft , 2026-03-30

102 Mountain Home Rd
Horseshoe Bay West $1,000,000 $303 4 bd / 4 ba 3,296 sqft , 2025-11-25

107 Comanche Agate None
Horseshoe Bay West $940,000 $302 3 bd / 4 ba 3,111 sqft , 2026-05-23

212 Canyon Creek None
Horseshoe Bay West $1,100,000 $368 3 bd / 4 ba 2,990 sqft , 2026-06-22

102 Voca None
Horseshoe Bay West $1,125,000 $323 4 bd / 5 ba 3,479 sqft , 2026-03-02

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

$4,795/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

$199,800

20% conventional investment loan

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

Estimated Gross Rent+$4,795

Principal + Interest−$5,452

Property Tax (~2.1% TX avg)−$1,748

Insurance (~0.5%)−$416

Est. Monthly Cash Flow $-2,821

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

About the Author

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 September 12, 2026.

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

103 Stillwater None