Active Listing  ·  195 days on market

1216 Hi Circle N None

Horseshoe Bay, TX 78657
$749,900
3 Bed 2 Bath 2,200 sqft $341/sqft Built 2026 0.20 acres 2-Car Garage Pool Horseshoe Bay

Award-winning builder Grubbs Construction presents a proposed new construction with plans ready to start in the heart of Horseshoe Bay. Thoughtfully planned and designed for efficiency, this single-story home offers approximately 2,200 sq. ft. with 3 bedrooms, 2 baths with an open-concept layout ideal for today’s Hill Country lifestyle. Features include vaulted and beamed ceilings, a fireplace, walk-in pantry, mudroom/utility room, dedicated study/office and an oversized covered patio for outdoor enjoyment. Two-car garage with option to add a second story above the garage for future expansion. Centrally located for convenience, this home blends cost-effective design, quality craftsmanship, flexibility and comfort. Engineered floor plan, survey and topography are included in the sales price.

At $341/sqft, this home is 29% 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

1216 Hi Circle N None, Horseshoe Bay, TX 78657

Property Details

Price $749,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,200 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay
County Llano
Zip Code 78657
$/sqft $341/sqft
Days on Market ,
HOA $391/Annually
Annual Tax Est. $519
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217076314
List Date January 21, 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
1310 Cats Eye None
HORSESHOE BAY W
$749,000 $285 3 bd / 2 ba 2,626 sqft , 2026-07-05
707 Broken Hls
Horseshoe Bay West
$739,000 $262 3 bd / 3 ba 2,818 sqft , 2026-06-12
101 Belforte Blvd
Tuscan Village Horseshoe Bay
$734,000 $324 3 bd / 4 ba 2,266 sqft , 2026-06-03
402 Lost Echo None #4
Lost Echo Bay
$725,000 $338 3 bd / 4 ba 2,146 sqft , 2026-03-09
1399 Hi Cir S
Horseshoe Bay Proper
$724,990 $280 3 bd / 3 ba 2,592 sqft , 2026-07-01

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
$3,600/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
$149,980
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,312
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,117

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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