Active Listing  ·  140 days on market

1209 Hi Stirrup None #113

Horseshoe Bay, TX 78657
$239,900
3 Bed 3 Bath 1,465 sqft $164/sqft Built 1974 1-Car Garage Pool Timberridge

Thoughtfully upgraded 3BR/2.5BA condo with a single-car garage overlooking the Slick Rock Golf Course driving range and just steps from the Slick Rock Pro Shop & Bar. With 1,465 sq ft, this move-in-ready property is ideal as a weekend golf getaway or full-time residence. Recent improvements include fresh interior paint, a newly sealed deck with Flex Seal, and a brand-new HVAC system. The bright open floor plan features large windows that capture peaceful golf course views and fill the home with natural light. Enjoy relaxing on the deck or walk to the nearby pro shop, restaurant, and golf amenities for true resort-style living. Pre-inspection report available.

At $164/sqft, this home is 66% 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

1209 Hi Stirrup None #113, Horseshoe Bay, TX 78657

Property Details

Price $239,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,465 sqft
Lot Size ,
Year Built 1974
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Timberridge
County Llano
Zip Code 78657
$/sqft $164/sqft
Days on Market ,
HOA $794/Quarterly
Annual Tax Est. $1,578.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222433206
List Date March 17, 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
110 Big Spur S #2
Golf Villa Condos
$235,000 $192 2 bd / 2 ba 1,224 sqft , 2026-04-20
207 N Hi Circle N St N #105 A&B
Las Encinas
$229,000 $144 2 bd / 2 ba 1,588 sqft , 2025-04-05
400 Hi There None #104
High Vista Condos
$260,000 $138 3 bd / 3 ba 1,886 sqft , 2026-03-13
105 Star None #5
The Upper Deck
$268,900 $233 2 bd / 3 ba 1,156 sqft , 2026-06-11
402 Hi Stirrup None #E4
Bay View Villas
$269,000 $146 3 bd / 3 ba 1,848 sqft , 2026-04-16

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
$1,152/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
$47,980
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,309
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-677

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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