About This Home

Looking for a perfect home close to Cap Rock? You can't beat this 2 bedroom, 2 1/2 bath home with all the perfection you could want. This house has been well-maintained and has a skylight and high ceilings with beautiful bathrooms and bedrooms. Custom blinds and shades accent every room to make the home more comfortable. The primary suite has a enclosed courtyard where you can enjoy coffee just outside your room. This home also has a beautiful back patio with a fireplace and TV to watch your favorite teams this season. Come see it today...you will be glad you did!

Owner also has a lot in Applehead West that can be purchased with the house so that you have access to the Applehead West pool and tennis courts...see listing for Lot 1053-A Nichola Gay.

At $265/sqft, this home is 43% 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

2606 Deep Cyn, Horseshoe Bay, TX 78657

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Property Details

Price $419,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,581 sqft

Lot Size 0.12 acres (5,318.68 sqft)

Year Built 2019

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Horseshoe Bay West

County Llano

Zip Code 78657

$/sqft $265/sqft

Days on Market ,

HOA $843.74/Annually

Annual Tax Est. $6,485.09

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240800843

List Date July 22, 2026

Elementary School Packsaddle

Middle School Llano

High School Llano

School District ,

Have Questions About This Property?

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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 22, 2026 $439,000

Current ask $419,000

▼ Reduced $20,000 (-4.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

302 Parallel Cir
Horseshoe Bay West $410,000 $250 2 bd / 3 ba 1,641 sqft , 2026-05-20

817 Sun Ray None
Horseshoe Bay West $439,000 $245 3 bd / 2 ba 1,794 sqft , 2026-09-22

305 Onyx Dr
Horseshoe Bay West $449,000 $281 3 bd / 2 ba 1,600 sqft , 2026-08-08

507 Mountain Dr
Deer Haven $380,000 $236 3 bd / 2 ba 1,609 sqft , 2026-03-05

611 Sun Ray None
Horseshoe Bay West $460,000 $276 3 bd / 2 ba 1,668 sqft , 2025-09-12

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

$2,011/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

$83,800

20% conventional investment loan

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

Estimated Gross Rent+$2,011

Principal + Interest−$2,287

Property Tax (~2.1% TX avg)−$733

Insurance (~0.5%)−$175

Est. Monthly Cash Flow $-1,184

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

About the Author

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 September 14, 2026.

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

2606 Deep Cyn