Active Listing  ·  25 days on market

1210 Hi Stirrup #206 None #UNIT 206

Horseshoe Bay, TX 78657
$162,000
2 Bed 2 Bath 1,248 sqft $130/sqft Built 1977 1-Car Garage Pool The Oaks

Experience easy, low-maintenance living in the heart of Horseshoe Bay at The Oaks Condominiums. Ideally positioned less than a mile from Slick Rock Golf Course and just minutes from the amenities of Horseshoe Bay Resort, this renovated ground-level condo offers comfort, convenience, and true lock-and-leave simplicity. Offering approximately 1,248 sq. ft., the thoughtfully updated floor plan includes2 bedrooms, 2 full baths, and a flexible bonus space ideal for a home office, bunk room, or workout area. The covered patio, accessible from both the living room and primary suite, creates a quiet outdoor retreat perfect for morning coffee or relaxing after a day on the lake or golf course. Renovated in 2025, the condo features new kitchen cabinetry, countertops, dishwasher, fresh interior paint, and all-new carpeting throughout. All appliances convey, making this a truly turnkey opportunity, whether you’re seeking a full-time residence, weekend getaway, or investment property. An assigned covered parking space sits conveniently just outside the front door for easy access. Centrally located within Horseshoe Bay and less than 90 minutes from both Austin and San Antonio, this move-in-ready condo delivers an affordable way to enjoy the Hill Country lifestyle with golf, lake activities, dining, and resort amenities all nearby.

At $130/sqft, this home is 72% below the Horseshoe Bay active market average of $462/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1210 Hi Stirrup #206 None #UNIT 206, Horseshoe Bay, TX 78657

Property Details

Price $162,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,248 sqft
Lot Size ,
Year Built 1977
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Oaks
County Llano
Zip Code 78657
$/sqft $130/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $2,318
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245022421
List Date August 28, 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.

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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
300 Out Yonder None #167
High Vista Condos
$159,000 $137 2 bd / 2 ba 1,160 sqft , 2026-03-10
306 Out Yonder None #162
High Vista Condos
$165,000 $125 2 bd / 2 ba 1,321 sqft , 2026-09-03
1202 Hi Stirrup None #401
The Oaks
$149,000 $119 2 bd / 2 ba 1,248 sqft , 2026-07-30

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
$778/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
$32,400
20% conventional investment loan

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

Estimated Gross Rent+$778
Principal + Interest−$884
Property Tax (~2.1% TX avg)−$284
Insurance (~0.5%)−$68
Est. Monthly Cash Flow $-458

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 · 30 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. This page was last updated on August 29, 2026.

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