Active Listing  ·  60 days on market

2303 Big Horn Dr

Austin, TX 78734
$2,399,000
2 Bed 3 Bath 1,944 sqft $1,234/sqft Built 1991 0.41 acres Pool Waterfront Apache Shores Sec 04

Discover the ultimate Lake Austin lifestyle at 2303 Big Horn Drive, a waterfront retreat in the sought-after Apache Shores community. Situated on approximately 0.405 acres with direct Lake Austin access, this property offers exceptional outdoor living. Approximately $300,000 was invested in the two-level boat dock featuring two boat slips, including new lifts, and an expansive covered party deck designed for entertaining. A wraparound covered porch and spacious backyard shaded by a majestic mature oak tree create the perfect setting to enjoy the property’s natural beauty. Inside, the home embraces effortless lake living with an open-concept layout that seamlessly connects the kitchen, dining area, and main living space. A second living room features sliding glass doors that showcase stunning Lake Austin views. Upstairs, two spacious bedrooms offer direct access to a balcony with a peaceful vantage point to enjoy water views and breathtaking sunsets over the lake. Beyond the property, residents of Apache Shores enjoy an impressive collection of community amenities, including hiking trails, a lakeside park, community pool, boat ramp, tennis and basketball courts, volleyball courts, a disc golf course, soccer field, and playground. 2303 Big Horn Drive presents a rare opportunity to own a Lake Austin waterfront home with a private dock, expansive outdoor space, and access to one of the area's most desirable lakefront communities. 24-hour notice for showings. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

At $1,234/sqft, this home is priced 216% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2303 Big Horn Dr, Austin, TX 78734

Property Details

Price $2,399,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,944 sqft
Lot Size 0.41 acres (17,641.8 sqft)
Year Built 1991
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Apache Shores Sec 04
County Travis
Zip Code 78734
$/sqft $1,234/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $35,698.23
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT232681559
List Date June 5, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
222 West Ave #2201
Seaholm Residences Residential
$2,395,000 $1,075 3 bd / 3 ba 2,227 sqft , 2025-11-13
610 Davis St #4301
The Modern Austin Residences
$2,425,500 $1,243 3 bd / 3 ba 1,951 sqft , 2026-05-28
222 West Ave #2301
Seaholm Residences Residential
$2,495,000 $1,120 3 bd / 3 ba 2,227 sqft , 2026-05-15
98 San Jacinto Blvd #2404
Town Lake Residences Condo
$2,495,000 $1,811 2 bd / 3 ba 1,378 sqft , 2026-07-17
200 Congress Ave #15E
Austonian Condo Community
$2,499,000 $1,303 2 bd / 2 ba 1,918 sqft , 2026-04-28

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
$11,515/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
$479,800
20% conventional investment loan

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

Estimated Gross Rent+$11,515
Principal + Interest−$13,092
Property Tax (~2.1% TX avg)−$4,198
Insurance (~0.5%)−$1,000
Est. Monthly Cash Flow $-6,775

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 Austin, TX

Austin 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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