Active Listing  ·  96 days on market

1322 Hi Cir N

Horseshoe Bay, TX 78657
$579,000
3 Bed 3 Bath 3,024 sqft $191/sqft Built 1988 0.29 acres 2-Car Garage Pool Horseshoe Bay Proper

Spacious and full of character, this 3-bedroom, 3-bath home offers over 3,000 square feet of comfortable living space plus a versatile loft area. Built in 1988 and exceptionally well maintained, this property combines classic charm with solid bones and plenty of potential for modern updates.

Inside, you’ll find a large kitchen with ample counter and cabinet space, three cozy fireplaces, and generous living and entertaining areas throughout. The home features a newer HVAC system, ensuring year-round comfort.

The oversized garage includes a dedicated golf cart area and extensive attic storage, perfect for organization and convenience. Outside, the nicely landscaped yard adds great curb appeal, and the location is ideal—just moments away from the golf course and neighborhood amenities.

With its spacious layout, thoughtful features, and prime setting, this home is a fantastic opportunity to create your dream space in a well-established community.

At $191/sqft, this home is 60% 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

1322 Hi Cir N, Horseshoe Bay, TX 78657

Property Details

Price $579,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 3,024 sqft
Lot Size 0.29 acres (12,449.45 sqft)
Year Built 1988
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay Proper
County Llano
Zip Code 78657
$/sqft $191/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,543.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228245963
List Date April 30, 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
204 Mountain Home Rd
Horseshoe Bay West
$575,000 $291 3 bd / 2 ba 1,979 sqft , 2026-03-11
103 Oasis St #A
Horseshoe Bay Proper
$595,000 $274 2 bd / 2 ba 2,168 sqft , 2026-02-13
103 Maravilla Way
Villas At Siena Creek Condo
$599,000 $204 3 bd / 4 ba 2,931 sqft , 2026-06-23
134 Lucia Ct
Tuscan Village at Summit Rock
$599,000 $275 2 bd / 3 ba 2,177 sqft , 2026-08-03
413 Silver Spur
Horseshoe Bay Proper
$599,900 $249 3 bd / 3 ba 2,407 sqft , 2026-06-11

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
$2,779/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
$115,800
20% conventional investment loan

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

Estimated Gross Rent+$2,779
Principal + Interest−$3,160
Property Tax (~2.1% TX avg)−$1,013
Insurance (~0.5%)−$241
Est. Monthly Cash Flow $-1,635

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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