Active Listing  ·  57 days on market

138 Coralberry None

Horseshoe Bay, TX 78657
$2,500,000
4 Bed 5 Bath 3,680 sqft $679/sqft Built 2025 0.44 acres 3.5-Car Garage Pool New Construction Summit Rock

Single level residence with a ton of natural light located on #15 hole of Summit Rock overlooking Pecan Creek. This Canyon Creek Home offers 4 bedrooms/4.5 baths and a study along with a 3 car garage and golf cart storage. As you enter the oversized steel door, you are surrounded by the designers natural pallet selection highlighting the natural beauty of the exterior with a courtyard in the middle of the open floorplan. The massive living room is flanked with floor to ceiling steel windows, mid century reclaimed beams and a stone walled fireplace. The kitchen is exquisite with oversized pendant lighting, large quartz bar, 60" Subzero cabinet faced refrigerator, custom white oak cabinetry, Thermador coffee/cappuccino maker, Thermador 6 burner range with griddle, and brass pot filler! Another bonus is a prep kitchen with a full size wine refrigerator and ice maker. Retreat to the owners suite that is embellished with the reclaimed beams and a recessed TV mount.

The exterior features an outdoor kitchen and turf lawn with automatic Rainer shade. Some extras to include: epoxy garage floor, trimless recessed lighting, flush AC vents, spray foam insulation, tankless water heaters, floating limestone vanity in powder!

At $679/sqft, this home is priced 47% above the Horseshoe Bay active market average of $462/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

138 Coralberry None, Horseshoe Bay, TX 78657

Property Details

Price $2,500,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,680 sqft
Lot Size 0.44 acres (19,166.4 sqft)
Year Built 2025
Garage 3.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Summit Rock
County Llano
Zip Code 78657
$/sqft $679/sqft
Days on Market ,
HOA $2,286/Annually
Annual Tax Est. $830.38
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241479441
List Date July 28, 2026
Elementary School Packsaddle
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
146 Coral Berry None
summit rock
$2,750,000 $681 4 bd / 5 ba 4,039 sqft , 2026-07-29
100 Beauty Berry None
Summit Rock
$2,244,020 $530 4 bd / 5 ba 4,234 sqft , 2026-08-05
166 Encantada None
Escondido Golf and Lake Club
$2,800,000 $609 5 bd / 6 ba 4,595 sqft , 2026-07-07
101 Meadow Beauty None
Summit Rock
$2,150,000 $470 4 bd / 4 ba 4,572 sqft , 2026-05-12
444 La Serena Loop
Escondido
$2,850,000 $634 5 bd / 6 ba 4,495 sqft , 2026-02-20

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
$12,000/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
$500,000
20% conventional investment loan

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

Estimated Gross Rent+$12,000
Principal + Interest−$13,644
Property Tax (~2.1% TX avg)−$4,375
Insurance (~0.5%)−$1,042
Est. Monthly Cash Flow $-7,061

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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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 · 30 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. This page was last updated on July 29, 2026.

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