Active Listing  ·  149 days on market

202 Azalea Loop

Horseshoe Bay, TX 78657
$1,297,000
3 Bed 3 Bath 2,664 sqft $487/sqft Built 2023 0.22 acres 2-Car Garage Pool The Reserve At Summit Rock

Unrivaled Sophistication in the Heart of Summit Rock! Step into a lifestyle of effortless luxury at Golden Bear Reserve with this 3-bedroom, 3-bathroom masterpiece that serves as a truly curated living experience. Featuring over $100,000 in meticulous upgrades, no detail was spared in this home’s design, including a versatile third bedroom that functions perfectly as a high-end executive office. The chef’s kitchen is a showstopper, boasting an induction cooktop, double ovens, granite and quartz countertops, floating shelves, and a dedicated bar area with a wine refrigerator. Modern convenience is integrated throughout, with a full Smart Home setup featuring a Lutron hub and switches, a Sonos sound system, and automated outdoor shades on a timer. The home’s infrastructure is equally impressive, offering a gas fireplace, plantation shutters, and a comprehensive whole-house water filtration and softener system, complemented by an RO system at the kitchen sink. The exterior is professionally landscaped and maintained by an upgraded sprinkler system and full gutters, while the oversized garage is perfectly tailored for the Horseshoe Bay lifestyle with room for two cars plus a golfcart and a Tier 2 EV charger. Located just a stone’s throw from the prestigious Summit Rock Clubhouse, you are perfectly positioned to enjoy the very best of the Hill Country. Please note that resort membership is required to access these exclusive world-class amenities.

At $487/sqft, this home is priced 1% above the Horseshoe Bay active market average of $481/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

202 Azalea Loop, Horseshoe Bay, TX 78657

Property Details

Price $1,297,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,664 sqft
Lot Size 0.22 acres (9,583.2 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Reserve At Summit Rock
County Llano
Zip Code 78657
$/sqft $487/sqft
Days on Market ,
HOA $2,334.69/Annually
Annual Tax Est. $13,969.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221857120
List Date March 8, 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
118 Brandywine None
Applehead West
$1,295,000 $379 3 bd / 4 ba 3,414 sqft , 2026-07-24
130 Azalea Loop
The Reserve At Summit Rock
$1,295,000 $426 3 bd / 4 ba 3,040 sqft , 2026-07-27
101 Third Sid None W
Horseshoe Bay Proper
$1,300,000 $532 4 bd / 4 ba 2,442 sqft , 2026-07-10
103 Island Dr #8
Portofina
$1,350,000 $622 3 bd / 3 ba 2,170 sqft , 2026-03-24
124 Apache Tears Dr
Horseshoe Bay West
$1,234,500 $371 4 bd / 5 ba 3,326 sqft , 2026-04-13

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
$6,226/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
$259,400
20% conventional investment loan

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

Estimated Gross Rent+$6,226
Principal + Interest−$7,078
Property Tax (~2.1% TX avg)−$2,270
Insurance (~0.5%)−$540
Est. Monthly Cash Flow $-3,662

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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