Active Listing  ·  102 days on market

113 Scenic Dr

Horseshoe Bay, TX 78657
$399,000
3 Bed 2 Bath 1,830 sqft $218/sqft Built 2003 0.25 acres Pool Sandy Harbor

Move right in and enjoy lake life. Across the street from the lake, partially furnished and fully updated, this home can be your weekend or full-time retreat. Positioned at the end of the road, this easy-living one story offers a peaceful setting. Inside find 3 bedrooms, 2 baths with a separate, private primary suite. PLUS, additional detached screened porch room AND workshop for hobbies, relaxing, or future living space. Fully fenced back yard, backs to large ranch. Front and back porches encourage relaxing and taking in the nature sounds. On MUD, not septic, offering simpler expansion possibilities. Community has private waterfront parks and boat ramp for direct access to Lake LBJ.

At $218/sqft, this home is 55% 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

113 Scenic Dr, Horseshoe Bay, TX 78657

Property Details

Price $399,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,830 sqft
Lot Size 0.25 acres (10,685.27 sqft)
Year Built 2003
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Sandy Harbor
County Llano
Zip Code 78657
$/sqft $218/sqft
Days on Market ,
HOA $279/Annually
Annual Tax Est. $4,141.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227295909
List Date April 24, 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
104 Springfield None
Horseshoe Bay Proper
$399,000 $200 3 bd / 2 ba 1,999 sqft , 2026-05-07
132 Rivalto Dr
Tuscan Village
$398,000 $265 2 bd / 2 ba 1,501 sqft , 2026-05-01
511 Taylor Dr
Channel Oaks
$395,000 $234 3 bd / 2 ba 1,686 sqft , 2026-05-28
801 Grassy Knoll None #B
Horseshoe Bay
$393,900 $233 3 bd / 4 ba 1,690 sqft , 2026-06-10
1302 Ponderosa Bnd
Horseshoe Bay South
$392,900 $243 3 bd / 2 ba 1,620 sqft , 2026-04-30

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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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