Active Listing  ·  25 days on market

104 Big Spur South #13 None

Horseshoe Bay, TX 78657
$315,000
2 Bed 2 Bath 1,224 sqft $257/sqft Built 1979 0.04 acres 1-Car Garage Pool Golf Villa Condos

Enjoy effortless single-level living in this beautifully updated 2-bedroom, 2-bath townhome nestled in the desirable Golf Villas community. Just moments from Horseshoe Bay Resort and its world-class amenities, this lock-and-leave residence offers the ideal blend of comfort and convenience. The 1,224 sq. ft. interior features vaulted ceilings, exposed wood beams, brand-new carpeting in the living area and bedrooms, and a floor-to-ceiling limestone fireplace anchoring the open living space. The updated kitchen showcases quartz countertops, rustic wood cabinetry, a copper farmhouse sink, stainless appliances, and a generous breakfast bar. Each bedroom offers the privacy of its own en-suite bath, creating an ideal layout for owners and guests alike. Sliding glass doors open to a deck shaded by mature trees, extending the living space outdoors. A one-car garage, updated finishes, and a low-maintenance lifestyle make this an exceptional full-time residence, weekend retreat, or investment opportunity. Ideally located near Slick Rock Golf Course, this inviting home offers comfortable Hill Country living in the heart of Horseshoe Bay. Come see for yourself!

At $257/sqft, this home is 44% 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

104 Big Spur South #13 None, Horseshoe Bay, TX 78657

Property Details

Price $315,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,224 sqft
Lot Size 0.04 acres (1,542.02 sqft)
Year Built 1979
Garage 1 spaces
Stories ,
Type Residential · Townhouse
Subdivision Golf Villa Condos
County Llano
Zip Code 78657
$/sqft $257/sqft
Days on Market ,
HOA $300/Quarterly
Annual Tax Est. $3,676.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245029201
List Date August 28, 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.

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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
200 Free Rein None #5
Center Court Twnh Horseshoe Bay 28011-1
$299,999 $255 2 bd / 3 ba 1,177 sqft , 2026-09-03
210A Tee Off None #A
Horseshoe Bay Proper
$299,000 $234 2 bd / 2 ba 1,277 sqft , 2026-09-16
210 Teeoff None #B
Horseshoe Bay Proper
$349,900 $274 2 bd / 2 ba 1,277 sqft , 2026-06-15
416 Hi Cir W #A
Horseshoe Bay Proper
$350,000 $218 3 bd / 2 ba 1,603 sqft , 2026-04-13
98 Island Dr #31
The Waters At Horseshoe Bay Re
$275,000 $337 1 bd / 1 ba 816 sqft , 2025-09-08

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 29, 2026.

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