Active Listing  ·  28 days on market

1210 Hi Stirrup #205 None

Horseshoe Bay, TX 78657
$152,000
2 Bed 2 Bath 1,248 sqft $122/sqft Built 1977 0.03 acres 1-Car Garage Pool Horseshoe Bay

**1210 Hi Stirrup #205 | Horseshoe Bay, TX | $152,000** Affordable, updated condo living in Horseshoe Bay! Offered at $152,000, this 2-bedroom, 2-bath condo at 1210 Hi Stirrup, Unit 205, offers a comfortable layout, a dedicated office, and an impressive list of recent improvements. Whether you are looking for a full-time residence, a weekend getaway, or a low-maintenance place to call your own, thisproperty offers flexibility and value in the heart of the Texas Hill Country. The great room provides a welcoming place to relax or entertain, enhanced by recessed can lighting added in early 2024. That same round of updates included new flooring, sliding doors, and freshinterior paint throughout, with the exception of the ceilings, creating a clean, refreshed feel. The dedicated office is a standout feature,providing separate space for working remotely, managing projects, or pursuing hobbies without sacrificing either bedroom. Bothbedrooms and bathrooms offer the convenience of a true 2/2 floor plan, while the thoughtful updates make the home easy to settle into.In August 2026, a new stackable washer and dryer and a new garbage disposal were installed, adding practical everyday convenience. Enjoy the appeal of Horseshoe Bay living, with the Highland Lakes area known for its scenic surroundings, recreation, and relaxed Hill Country atmosphere. At this price point, it is an opportunity to enjoy an updated condo with an extra room for work or creativity. Come see the possibilities!

At $122/sqft, this home is 74% below the Horseshoe Bay active market average of $477/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1210 Hi Stirrup #205 None, Horseshoe Bay, TX 78657

Property Details

Price $152,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,248 sqft
Lot Size 0.03 acres (1,306.8 sqft)
Year Built 1977
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Horseshoe Bay
County Llano
Zip Code 78657
$/sqft $122/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249954476
List Date October 15, 2026
Elementary School Llano
Middle School Llano
High School Llano
School District Llano ISD

Llano ISD

Llano · Llano · Llano

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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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
1202 Hi Stirrup None #401
The Oaks
$144,000 $115 2 bd / 2 ba 1,248 sqft , 2026-07-30
1210 Hi Stirrup #206 None #UNIT 206
The Oaks
$162,000 $130 2 bd / 2 ba 1,248 sqft , 2026-08-28
306 Out Yonder None #162
High Vista Condos
$164,000 $124 2 bd / 2 ba 1,321 sqft , 2026-09-03
300 Out Yonder None #178
High Vista Condos
$179,000 $136 2 bd / 2 ba 1,321 sqft , 2026-09-23
123 Lost Spur None #5
#18 CONDOS
$195,000 $166 2 bd / 2 ba 1,173 sqft , 2026-10-29

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
$730/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
$30,400
20% conventional investment loan

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

Estimated Gross Rent+$730
Principal + Interest−$830
Property Tax (assumed ~2.1%)−$266
Insurance (assumed ~0.5%)−$63
Est. Monthly Cash Flow $-429

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 18, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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