Active Listing  ·  129 days on market

12117 Horseshoe Field Bnd

Mustang Ridge, TX 78610
$279,999
4 Bed 2 Bath 1,638 sqft $171/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Durango

The Fargo floorplan at Durango in Mustang Ridge offers 1,638 square feet of well-designed single-story living with 4 bedrooms, 2 bathrooms, and a 2-car garage. The open-concept layout seamlessly connects the spacious living, dining, and kitchen areas, creating an ideal space for everyday living and entertaining. The kitchen features quartz countertops, quality cabinetry, stainless steel appliances, a center island with breakfast bar seating, and a pantry. The private primary suite includes a spacious walk-in closet and an ensuite bath with dual vanities and a walk-in shower. Three secondary bedrooms provide flexibility for guests, a home office, or hobbies. Additional features include luxury vinyl plank flooring in the main living areas and wet areas, quartz countertops in all bathrooms, covered patio, professionally landscaped yard with full irrigation system, and D.R. Horton’s HOME IS CONNECTED smart home package. Conveniently located with easy access to Austin, Tesla, Austin-Bergstrom International Airport, SH 130, and TX-45.

At $171/sqft, this home is priced in line with the Mustang Ridge market average of $173/sqft across 36 active listings. View Austin market report →

Location

12117 Horseshoe Field Bnd, Mustang Ridge, TX 78610

Property Details

Price $279,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,638 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Durango
County Travis
Zip Code 78610
$/sqft $171/sqft
Days on Market ,
HOA $213/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238834638
List Date July 6, 2026
Elementary School Creedmor
Middle School Del Valle
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Creedmor · Del Valle · Del Valle

Luke Allen (TREC #788149) has deep knowledge of Mustang Ridge 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 · July 6, 2026 $305,000
Previous ask $280,999
Current ask $279,999
▼ Reduced $25,001 (-8.2%) 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 Mustang Ridge

Comparable Listings Right Now

Homes currently for sale in Mustang Ridge 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
12118 Bulldogger Bnd
Durango
$280,150 $168 3 bd / 3 ba 1,668 sqft , 2026-07-23
11909 Horseshoe Field Bnd
Durango
$280,670 $181 3 bd / 2 ba 1,551 sqft , 2026-07-23
12108 Bulldogger Bnd
Durango
$278,245 $182 3 bd / 2 ba 1,533 sqft , 2026-10-02
13217 Cerise Queen Way
Durango
$274,990 $172 4 bd / 2 ba 1,600 sqft , 2026-08-11
8503 Faded Denim Dr
Frontier
$273,690 $181 3 bd / 2 ba 1,514 sqft , 2026-11-05

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (assumed ~2.1%)−$490
Insurance (assumed ~0.5%)−$117
Est. Monthly Cash Flow $-791

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 Mustang Ridge, TX

Mustang Ridge 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 20, 2026.

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

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