Active Listing  ·  66 days on market

108 Milan Ct

Horseshoe Bay, TX 78657
$439,500
2 Bed 2 Bath 1,701 sqft $258/sqft Built 2015 0.12 acres 2-Car Garage Pool The Enclave At Horseshoe Bay

Welcome to 108 Milan Court, an exceptional lock-and-leave, resort-style residence in the exclusive, private and gated Enclave at Horseshoe Bay. This spacious end-unit townhome offers over 1,700 square feet of thoughtfully designed, single story living, featuring 2 bedrooms, 2 bathrooms, a large utility room, and an attached 2-car garage.

The open-concept floorplan is ideal for everyday living and entertaining, with abundant natural light, fantastic storage throughout, and all appliances (including 2 TVs/awasher/dryer/refrigerator/wine refrig) conveying for a truly move-in-ready experience. To accompany the spacious dining room, the sunny kitchen offers a large center island with a breakfast bar, a nicely sized pantry, a separate bar area with wine refrigerator and ample storage throughout. The luxurious primary suite boasts a spa-like "wet room" bathroom with an oversized walk-in closet and pass-through fireplace, creating a private retreat you'll love coming home to.

Owners recently (May 2026) installed new carpet in the bedrooms and refreshed much of the interior paint.

Step outside to enjoy a private, covered side porch with an outdoor kitchen area and small fenced backyard while the HOA takes care of the grounds and exterior irrigation and maintenance as well as insurance on the structure, allowing you to spend more time enjoying the Horseshoe Bay lifestyle. Residents of The Enclave enjoy access to a fabulous clubhouse pavilion with a lovely fireplace, a resort-style pool with gentle beach entry, and beautifully maintained common areas.

Ideally located just minutes from boating on Lake LBJ, Horseshoe Bay Resort, championship golf courses, dining, grocery and shopping, with convenient access to Marble Falls, this well-maintained home offers the perfect combination of comfort, convenience, and low-maintenance luxury, full or part time living in one of the Hill Country's most beloved settings.

At $258/sqft, this home is 46% 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

108 Milan Ct, Horseshoe Bay, TX 78657

Property Details

Price $439,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,701 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision The Enclave At Horseshoe Bay
County Llano
Zip Code 78657
$/sqft $258/sqft
Days on Market ,
HOA $460/Monthly
Annual Tax Est. $7,195.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231891215
List Date May 30, 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
2606 Deep Cyn
Horseshoe Bay West
$439,000 $278 2 bd / 3 ba 1,581 sqft , 2026-07-22
507 Mountain Dr
Deer Haven
$438,000 $272 3 bd / 2 ba 1,609 sqft , 2026-03-05
103 Kings Way
Castle Terrace
$420,000 $224 3 bd / 2 ba 1,875 sqft , 2026-06-10
320 Twin Sails None #25
Highland Condos
$419,900 $226 3 bd / 3 ba 1,860 sqft , 2026-05-28
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
$2,110/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
$87,900
20% conventional investment loan

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

Estimated Gross Rent+$2,110
Principal + Interest−$2,399
Property Tax (~2.1% TX avg)−$769
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,241

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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