Active Listing  ·  96 days on market

1302 Ponderosa Bnd

Horseshoe Bay, TX 78657
$392,900
3 Bed 2 Bath 1,620 sqft $243/sqft Built 2022 0.22 acres 2-Car Garage Pool Horseshoe Bay South

Immaculately maintained and thoughtfully upgraded, this 3-bedroom, 2-bath home offers 1,620 sqft of modern living on a 0.22-acre greenbelt lot in the heart of Horseshoe Bay. Built in 2022, it presents like new with strategic improvements that enhance comfort, efficiency, and long-term value. The adjacent lot will remain undeveloped, creating a rare buffer and added privacy not often found in similar homes.

Inside, enjoy tile flooring throughout the main living areas, new hardwood laminate flooring in all bedrooms (2025), granite countertops, and a well-executed open-concept layout designed for both functionality and flow. The kitchen, dining, and living spaces connect seamlessly, making the home ideal for everyday living or entertaining. The primary suite is privately positioned and features an oversized walk-in closet, dual vanities, and a spacious, well-designed bath.

Notable Improvements & Upgrades:

2023: Whirlpool washer & dryer, Frigidaire refrigerator, window treatments throughout, full ADT security system (cameras, doorbell cam, smoke detection, glass break & window sensors).

2025: Kitchen faucet, dining chandelier, septic pump w/ transferable maintenance plan, internal AC fan (warranty), 15-year termite prevention treatment, new front landscaping, hardwood laminate flooring in all bedrooms.

Outdoor living includes a covered patio and a peaceful greenbelt backdrop, offering a low-maintenance lifestyle with added privacy in one of the Hill Country’s most desirable communities.

At $243/sqft, this home is 49% 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

1302 Ponderosa Bnd, Horseshoe Bay, TX 78657

Property Details

Price $392,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,620 sqft
Lot Size 0.22 acres (9,600.62 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay South
County Burnet
Zip Code 78657
$/sqft $243/sqft
Days on Market ,
HOA $351.51/Annually
Annual Tax Est. $6,289.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226493985
List Date April 30, 2026
Elementary School Colt
Middle School Marble Falls
High School Marble Falls
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
801 Grassy Knoll None #B
Horseshoe Bay
$393,900 $233 3 bd / 4 ba 1,690 sqft , 2026-06-10
511 Taylor Dr
Channel Oaks
$395,000 $234 3 bd / 2 ba 1,686 sqft , 2026-05-28
132 Rivalto Dr
Tuscan Village
$398,000 $265 2 bd / 2 ba 1,501 sqft , 2026-05-01
113 Scenic Dr
Sandy Harbor
$399,000 $218 3 bd / 2 ba 1,830 sqft , 2026-04-24
104 Springfield None
Horseshoe Bay Proper
$399,000 $200 3 bd / 2 ba 1,999 sqft , 2026-05-07

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
$1,886/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
$78,580
20% conventional investment loan

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

Estimated Gross Rent+$1,886
Principal + Interest−$2,144
Property Tax (~2.1% TX avg)−$688
Insurance (~0.5%)−$164
Est. Monthly Cash Flow $-1,110

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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