Active Listing  ·  453 days on market

1406 Broken Hills Dr #14

Horseshoe Bay, TX 78657
$365,000
2 Bed 2 Bath 1,443 sqft $253/sqft Built 1981 0.07 acres 3-Car Garage Pool 9999 - Other

Gorgeous 2 bedroom 2 bath HORSESHOE BAY TOWNHOME - has been wonderful updated throughout and offers gorgeous views of the back yard area and community pool, is just a short walk to tennis/pickle ball court and enjoys distance views of the lake from the side yard and patio. The home has been meticulously maintained and cared for. The location is wonderful for golfing, walking, tennis or just enjoying the quiet from 1 of the 3 patios. Updates include paint, hardware, fixtures, kitchen countertops, carpet, lighting and more. Owner and guest parking is comfortable with enclosed garage, multi-car carport, and additional off the road parking spaces. Use this home as an efficient full-time residence, an easy and comfortable weekend get-away, or a smart investor’s income producing property.

At $253/sqft, this home is 45% below the Horseshoe Bay active market average of $462/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1406 Broken Hills Dr #14, Horseshoe Bay, TX 78657

Property Details

Price $365,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,443 sqft
Lot Size 0.07 acres (3,049.2 sqft)
Year Built 1981
Garage 3 spaces
Stories ,
Type Residential · Townhouse
Subdivision 9999 - Other
County Llano
Zip Code 78657
$/sqft $253/sqft
Days on Market ,
HOA $360/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT200183734
List Date June 26, 2025
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
603 Sun Ray None
Horseshoe Bay West
$354,750 $217 3 bd / 2 ba 1,632 sqft , 2025-12-23
507 Mountain Dr
Deer Haven
$380,000 $236 3 bd / 2 ba 1,609 sqft , 2026-03-05
108 Lachite None #C280
Villas Albanas
$329,000 $278 2 bd / 3 ba 1,185 sqft , 2026-03-29
302 Parallel Cir
Horseshoe Bay West
$410,000 $250 2 bd / 3 ba 1,641 sqft , 2026-05-20
2606 Deep Cyn
Horseshoe Bay West
$419,000 $265 2 bd / 3 ba 1,581 sqft , 2026-07-22

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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 May 18, 2026.

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