Active Listing  ·  78 days on market

166 Encantada None

Horseshoe Bay, TX 78657
$2,800,000
5 Bed 6 Bath 4,595 sqft $609/sqft Built 2006 0.85 acres 3-Car Garage Pool Escondido Golf and Lake Club

Experience relaxed resort style living on this meticulously designed estate, plus private casita, on the prestigious Escondido Golf and Lake Club golf course overlooking hole #16. The oversized, expansive covered porch boasts Eastern exposure and features several outdoor dining and living spaces, grill, pizza oven and outdoor fire pit. On this secluded slice of paradise, just inside the entry door is a private, large, patio overlooking the relaxing pool and hot tub, plus a covered patio. The charming casita, situated off the pool patio provides a sanctuary for your guests to rest and relax. Thoughtfully designed, this stunning home has exceptional architectural detail, showcasing arched cased openings. The large, light and bright open living room seamlessly blends into the dining and kitchen areas which allows for perfect places to entertain family and friends. This two-story estate features four luxurious bedrooms, each with its own en-suite bath. It is everything you could desire living in Escondido, offering unparalleled tranquility and serenity. Exclusive membership offers access to world-class amenities within the private, exclusive community, including member's only golf with no tee time required, a 30,000 SqFt Clubhouse with exceptional dining, social events, a fitness center, a Family Center that includes basketball, tennis and pickle courts plus children's playground, pool side cabanas alongside the resort-style pool, dry boat storage with custom valet service, courtesy day-docks, plus full lake access via The Lake Club on Lake LBJ.

At $609/sqft, this home is priced 32% 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

166 Encantada None, Horseshoe Bay, TX 78657

Property Details

Price $2,800,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,595 sqft
Lot Size 0.85 acres (37,026 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Escondido Golf and Lake Club
County Llano
Zip Code 78657
$/sqft $609/sqft
Days on Market ,
HOA $2,200/Annually
Annual Tax Est. $32,109.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238966681
List Date July 7, 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
444 La Serena Loop
Escondido
$2,850,000 $634 5 bd / 6 ba 4,495 sqft , 2026-02-20
111 Orange Plume None
Summit Rock
$2,995,000 $556 4 bd / 5 ba 5,389 sqft , 2026-02-14
138 Coralberry None
Summit Rock
$2,500,000 $679 4 bd / 5 ba 3,680 sqft , 2026-07-28
104 Orange Plume None
Summit Rock
$2,349,000 $419 4 bd / 4 ba 5,612 sqft , 2026-04-08

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
$13,440/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
$560,000
20% conventional investment loan

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

Estimated Gross Rent+$13,440
Principal + Interest−$15,281
Property Tax (~2.1% TX avg)−$4,900
Insurance (~0.5%)−$1,167
Est. Monthly Cash Flow $-7,908

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 8, 2026.

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