Active Listing  ·  12 days on market

2702 Gazelle None

Horseshoe Bay, TX 78657
$228,750
4 Bed 2 Bath 1,456 sqft $157/sqft Built 2023 0.12 acres 2-Car Garage Pool Horseshoe Bay South

Nestled in the heart of the Texas Hill Country, this new 2023 4-bedroom, 2-bath home offers modern comfort, stylish finishes, and aneasy-living lifestyle just minutes from Horseshoe Bay Resort, golf courses, Lake LBJ access, and nearby boat ramps. With nearly 1,500square feet of thoughtfully designed living space, this property is ideal as a full-time residence, weekend retreat, or investmentopportunity. Inside, you’ll find an open-concept layout with durable laminate wood flooring throughout—no carpet—creating a clean,cohesive look that is both stylish and low maintenance. Soft neutral tones, modern accents, and abundant natural light give the home afresh and welcoming feel. The spacious kitchen features white cabinetry, solid surface-style countertops, stainless steel appliancesincluding the refrigerator, and plenty of prep and storage space for entertaining or everyday living. The private primary suite offers a largewalk-in closet, dual-sink vanity, and comfortable separation from the additional bedrooms. Three secondary bedrooms provide flexibilityfor guests, family, office space, or hobbies. Outside, enjoy relaxing on the welcoming front deck while taking in the peaceful Hill Countrysurroundings. A covered two-car carport adds convenience and functionality. Located within Marble Falls Independent School Districtand near some of the area’s best recreation, dining, golf, and lake activities, this move-in ready property combines affordability, modernstyle, and location in one great package.

At $157/sqft, this home is 66% 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

2702 Gazelle None, Horseshoe Bay, TX 78657

Property Details

Price $228,750
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,456 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Manufactured Home
Subdivision Horseshoe Bay South
County Burnet
Zip Code 78657
$/sqft $157/sqft
Days on Market ,
HOA $550/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246505816
List Date September 11, 2026
Elementary School Marble Falls
Middle School Marble Falls
High School Marble Falls
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
1702 Fox Foot Dr
Horseshoe Bay South
$204,500 $130 4 bd / 2 ba 1,568 sqft , 2026-08-01
4300 Prong Horn None
Horseshoe Bay South
$269,000 $145 3 bd / 2 ba 1,860 sqft , 2025-02-22
3505 Stag None
Horseshoe Bay South
$185,900 $153 3 bd / 2 ba 1,216 sqft , 2026-06-04

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
$1,098/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
$45,750
20% conventional investment loan

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

Estimated Gross Rent+$1,098
Principal + Interest−$1,248
Property Tax (~2.1% TX avg)−$400
Insurance (~0.5%)−$95
Est. Monthly Cash Flow $-645

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 September 12, 2026.

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