Active Listing  ·  16 days on market

1400 Mountain Dew None

Horseshoe Bay, TX 78657
$999,900
3 Bed 4 Bath 3,590 sqft $279/sqft Built 1989 0.59 acres 3-Car Garage Pool Horseshoe Bay

MUST SEE VIEWS! Set against a stunning Hill Country backdrop, this spacious 3,590 square foot Horseshoe Bay home offers panoramic views of Lake LBJ and Packsaddle Mountain. Built in 1989, the residence features 3 generously sized bedrooms, each with a private bath, plus a convenient half bath. Ten-foot ceilings, oversized rooms and abundant storage create an inviting setting for both everyday living and entertaining.

The expansive living room captures spectacular views of Lake LBJ and the Hill Country, while an enclosed porch spans the full width of the home and provides additional living and entertaining space. The large kitchen offers ample cabinetry, a built-in refrigerator, island, cooktop and wall oven, with an adjacent breakfast area overlooking Lake LBJ. A spacious dining room features wall-to-wall cabinetry, glass-front uppers and abundant storage below.

The owner's suite includes a large bedroom, ensuite bath with separate tub and shower, generous linen storage and a walk-in closet with a cedar closet and two large hanging areas. Private access to the enclosed back porch adds to the appeal.

The oversized garage accommodates 3 cars, a golf cart, two storage closets and an approximately 12' x 11' craft room. While the home will benefit from updating, its exceptional floor plan, generous spaces and extraordinary panoramic setting present a rare opportunity to create a truly special Lake LBJ retreat in Horseshoe Bay.

At $279/sqft, this home is 42% below the Horseshoe Bay active market average of $477/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1400 Mountain Dew None, Horseshoe Bay, TX 78657

Property Details

Price $999,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,590 sqft
Lot Size 0.59 acres (25,635.06 sqft)
Year Built 1989
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay
County Burnet
Zip Code 78657
$/sqft $279/sqft
Days on Market ,
HOA $360.99/Annually
Annual Tax Est. $4,929.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250975682
List Date October 27, 2026
Elementary School Spicewood (Marble Falls ISD)
Middle School Marble Falls
High School Marble Falls
School District Marble Falls ISD

Marble Falls ISD

Spicewood (Marble Falls ISD) · Marble Falls · Marble Falls

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
604 Hi Circle South Dr
Horseshoe Bay Proper
$849,900 $312 3 bd / 3 ba 2,726 sqft , 2026-06-18
700 Gold Dust None
Horseshoe Bay S
$795,000 $326 4 bd / 3 ba 2,439 sqft , 2026-11-02

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
$4,800/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
$199,980
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (assumed ~2.1%)−$1,750
Insurance (assumed ~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 · 41 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. The written content was last updated on November 11, 2026.

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

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