Active Listing  ·  137 days on market

121 Azalea Loop

Horseshoe Bay, TX 78657
$1,199,000
3 Bed 4 Bath 3,362 sqft $357/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction The Reserve At Summit Rock/Golden Bear

ANOTHER GORGEOUS CRESCENT CUSTOM ESTATE HOME IN GOLDEN BEAR OF SUMMIT ROCK. This amazing Transitional home has clean lines with high ceilings, fabulous large windows and a light color pallet that blends warm and cool tones perfectly. Exquisite lighting fixtures and gorgeous custom Maple cabinets through out. As you enter the oversized glass and iron hinge front door, you are greeted with white oak wood floors, an ample wet bar area complete with quartz counters, wine refrigerator, and ice maker across from a stunning stone accent wall -perfect for a favorite large piece of furniture or large piece of art. The handsomely appointed kitchen, complete with catering kitchen/pantry, you have come to expect from Crescent is equipped with top tier appliances, stunning lighting and fixtures, and a giant quartz covered island/brkfst bar is open to the oversize living room and dining area (could easily be a separate den). The floorplan offers a unique flexibility giving the owner the opportunity to make the rooms exactly what they want. The massive primary suite features a separate area that could easily be an office/library; a workout/yoga room; a prayer room, or simply a separate sitting area. There is an incredible bathroom suite, bathed in porcelain, that has an all encompassing wet area for the shower and tub area that feels like a day at the spa! The other two large well appointed bedrooms and bathrooms are on the other side of the house for more privacy. The backyard backs to the greenbelt park area of Golden Bear and has space for a splash pool if desired and plenty of patio space for outdoor living at the highest level. Come take a look today and discover why Golden Bear at Summit Rock is so desirable. TAKE ADVANTAGE OF THE TIME LIMITED OFFER OF DEVELEOPER PAID SUMMIT LEVEL INITIATION FEES. CALL FOR DETAILS.

At $357/sqft, this home is 26% 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

121 Azalea Loop, Horseshoe Bay, TX 78657

Property Details

Price $1,199,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,362 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Reserve At Summit Rock/Golden Bear
County Llano
Zip Code 78657
$/sqft $357/sqft
Days on Market ,
HOA $3,109/Annually
Annual Tax Est. $440.29
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT219387982
List Date March 20, 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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 20, 2026 $1,299,000
Current ask $1,199,000
Reduced $100,000 (-7.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2900 Bay West Blvd
Applehead West
$1,199,000 $424 3 bd / 3 ba 2,831 sqft , 2026-05-24
5900 W Fm 2147 None #106
Horseshoe Bay N
$1,198,000 $467 4 bd / 4 ba 2,568 sqft , 2026-03-02
1311 Clayton Nolen Dr
Horseshoe Bay Proper
$1,195,000 $440 3 bd / 3 ba 2,714 sqft , 2025-08-06
3504 Bay West Blvd
Applehead West
$1,234,000 $437 3 bd / 4 ba 2,822 sqft , 2026-03-12
124 Apache Tears Dr
Horseshoe Bay West
$1,234,500 $371 4 bd / 5 ba 3,326 sqft , 2026-04-13

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
$5,755/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
$239,800
20% conventional investment loan

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

Estimated Gross Rent+$5,755
Principal + Interest−$6,543
Property Tax (~2.1% TX avg)−$2,098
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,386

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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