Active Listing  ·  127 days on market

104 Smugglers Cv

Horseshoe Bay, TX 78657
$999,000
4 Bed 3 Bath 3,160 sqft $316/sqft Built 2019 0.58 acres 2-Car Garage Pool Horseshoe Bay West

Experience elevated golf course living in this exceptional 4-bedroom, 3-bath home overlooking the 2nd hole of Ram Rock Golf Course in Horseshoe Bay. With 3,160 square feet of thoughtfully designed space, this residence perfectly blends luxury, comfort, and everyday functionality. The open-concept living area features a gas fireplace with custom built-ins and seamless access to a covered back patio through expansive sliding doors, creating the perfect setting to relax and take in the peaceful golf course views.

The chef’s kitchen is beautifully appointed with quartz countertops, tile backsplash, a 5-burner gas range, spacious walk-in pantry, and both formal and casual dining spaces designed for entertaining and everyday living.

The main-floor primary suite serves as a private retreat with French doors leading to the patio, dual walk-in closets with custom built-ins, and a spa-inspired bath featuring dual quartz vanities, a soaking tub, and walk-in shower. A secondary bedroom and full bath on the main level offer ideal accommodations for guests. Upstairs, you’ll find two additional bedrooms, a full bath, and a versatile landing area perfect for a home office, fitness space, or media area.

Additional highlights include a stone and stucco exterior, full gutters, electric shades, abundant built-in storage, and a well-equipped laundry room with a wine fridge and utility sink. From the thoughtfully designed interior to the serene golf course backdrop, this home delivers the perfect blend of luxury Hill Country living and resort-style comfort.

At $316/sqft, this home is 34% 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

104 Smugglers Cv, Horseshoe Bay, TX 78657

Property Details

Price $999,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,160 sqft
Lot Size 0.58 acres (25,134.12 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $316/sqft
Days on Market ,
HOA $866.52/Annually
Annual Tax Est. $12,114.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223631500
List Date March 30, 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.

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
710 Sandy Harbor Dr
Sandy Harbor
$999,000 $452 3 bd / 2 ba 2,210 sqft , 2026-03-29
103 Stillwater None
Horseshoe Bay West
$999,999 $338 3 bd / 4 ba 2,959 sqft , 2026-02-04
304 Hi Ridge None
Horseshoe Bay
$1,000,000 $344 4 bd / 4 ba 2,904 sqft , 2025-04-28
2508 Diagonal Dr
Hidden Coves
$995,000 $358 4 bd / 4 ba 2,781 sqft , 2026-03-07
305 Grove Ct
Summit Rock
$995,000 $415 3 bd / 3 ba 2,395 sqft , 2026-04-24

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

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