Active Listing  ·  126 days on market

2309 Big Horn Dr

Austin, TX 78734
$1,890,000
3 Bed 2 Bath 1,845 sqft $1,024/sqft Built 1992 0.34 acres 2-Car Garage Pool Waterfront Apache Shores Sec 04

Rare opportunity on Lake Austin!

Set on a prime stretch of Lake Austin, this refined waterfront retreat pairs effortless lake access with a low-maintenance, lock-and-leave lifestyle. Positioned on 1/3 acre, the property features a double boat dock with lift and multiple outdoor vantage points designed to capture the water from every angle. The main level hosts the primary suite with ensuite bathroom and adjacent laundry for seamless everyday living. Upstairs, vaulted ceilings enhance the open feel, complemented by new granite surfaces, custom hardwood cabinetry, and new appliances throughout. A Class 4 metal roof, new decking, and a two-car garage further elevate the home’s ease and durability. The third bedroom bunk room comfortably accommodates four, offering flexibility for guests.

Laundry room not included in square footage, getting updated square footage. Offered with furnishing options, this is a turnkey opportunity on Lake Austin and can also be used as a short term rental! Photos 6,8,11,13,15,17,20,23,25,27 are AI renderings.

At $1,024/sqft, this home is priced 162% 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

2309 Big Horn Dr, Austin, TX 78734

Property Details

Price $1,890,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,845 sqft
Lot Size 0.34 acres (14,810.4 sqft)
Year Built 1992
Garage 2 spaces
Stories ,
Type Residential · See Remarks
Subdivision Apache Shores Sec 04
County Travis
Zip Code 78734
$/sqft $1,024/sqft
Days on Market ,
HOA $116/Annually
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT224489491
List Date March 31, 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.

Schedule a Call →

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
44 East Ave #3707
44 East Ave Condos
$1,895,000 $951 3 bd / 3 ba 1,993 sqft , 2026-05-01
2002 Meadowbrook Dr
Tarry Town 03
$1,875,000 $960 3 bd / 2 ba 1,954 sqft , 2026-08-01
1906 Frazier Ave
Zilker - Frazier Add
$1,920,000 $800 3 bd / 3 ba 2,401 sqft , 2026-06-19
9114 290 W Hwy
Geneva Estates Sec 01
$1,850,000 $1,321 2 bd / 1 ba 1,400 sqft , 2024-10-10
1407 Parkinson Dr #1
Travis Heights
$1,850,000 $829 3 bd / 3 ba 2,232 sqft , 2026-04-16

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
$9,072/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
$378,000
20% conventional investment loan

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

Estimated Gross Rent+$9,072
Principal + Interest−$10,315
Property Tax (~2.1% TX avg)−$3,308
Insurance (~0.5%)−$788
Est. Monthly Cash Flow $-5,339

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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