Active Listing  ·  113 days on market

124 Apache Tears Dr

Horseshoe Bay, TX 78657
$1,234,500
4 Bed 5 Bath 3,326 sqft $371/sqft Built 2020 0.38 acres 3-Car Garage Pool Horseshoe Bay West

UNMATCHED 360 DEGREE VIEWS | NIEMAN-FOSTER CUSTOM HOME | HORSESHOE BAY WEST

Built on one of the highest elevations in Horseshoe Bay West, this exceptional Nieman-Foster custom-designed home captures breathtaking panoramic Hill Country views in every direction. To the west, sweeping vistas stretch across Packsaddle Mountain with dramatic sunset skies, while to the east, the sparkling lights of Horseshoe Bay and Marble Falls create a stunning sunrise backdrop. Expansive windows throughout frame these views as living artwork from nearly every major living space.

This thoughtfully designed single-story residence features 4 bedrooms, 4.5 baths, an oversized 3-car garage, and a separate-entry casita ideal for guests or a private retreat. The signature horseshoe-shaped layout enhances privacy, maximizes indoor-outdoor flow, and maintains a seamless connection to the surrounding landscape. A fully foam-sealed building envelope delivers superior energy efficiency, comfort, and year-round climate control.

The open Living, Dining, Kitchen, and Great Room serve as the heart of the home, highlighted by soaring ceilings and large windows that showcase the views. The gourmet kitchen features granite and quartz countertops, custom cabinetry, premium KitchenAid appliances, and a hand-painted tile backsplash, all centered around a large island ideal for gathering.

Outdoor living is equally impressive, featuring a covered patio with two exterior motorized solar shades and a fully equipped outdoor kitchen with built-in grill and sink, perfectly positioned to capture the expansive views. A rare opportunity to own high-altitude Hill Country luxury with exceptional craftsmanship and unforgettable scenery.

At $371/sqft, this home is 23% 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

124 Apache Tears Dr, Horseshoe Bay, TX 78657

Property Details

Price $1,234,500
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,326 sqft
Lot Size 0.38 acres (16,509.24 sqft)
Year Built 2020
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $371/sqft
Days on Market ,
HOA $866.52/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT125395828
List Date April 13, 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
3504 Bay West Blvd
Applehead West
$1,234,000 $437 3 bd / 4 ba 2,822 sqft , 2026-03-12
121 Azalea Loop
The Reserve At Summit Rock/Golden Bear
$1,199,000 $357 3 bd / 4 ba 3,362 sqft , 2026-03-20
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

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
$5,926/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
$246,900
20% conventional investment loan

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

Estimated Gross Rent+$5,926
Principal + Interest−$6,737
Property Tax (~2.1% TX avg)−$2,160
Insurance (~0.5%)−$514
Est. Monthly Cash Flow $-3,485

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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