Active Listing  ·  131 days on market

2900 Hi Mesa None

Horseshoe Bay, TX 78657
$499,995
4 Bed 3 Bath 1,931 sqft $259/sqft Built 2007 0.21 acres 2-Car Garage Pool Horseshoe Bay Proper

Enjoy panoramic views of the Texas Hill Country from this charming two-story thoughtfully constructed with durable metal framing for lasting strength and quality. Located in the highly sought-after Horseshoe Bay area of Lake LBJ, this property offers a perfect blend of peaceful living with convenient access to an executive airport. The community is located across from the Horseshoe Bay Resort, the location provides easy access to world-class golfing, boating, dining, and entertainment. Residents also enjoy access to Quail Point Lodge for swimming, picnicking, and year-round events. Surrounded by majestic oak trees and seasonal bluebonnets. Inside, the open floor plan features abundant natural light, a wood-burning fireplace, a formal dining room, and a flex space. The primary bedroom is located on the main floor and includes a large walk-in closet, double vanity, and a separate shower. The second floor offers two additional bedrooms—one with a private balcony—and a versatile flex room that can serve as a fourth bedroom. Adjoining lots are available for purchase.

At $259/sqft, this home is 46% below the Horseshoe Bay active market average of $481/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2900 Hi Mesa None, Horseshoe Bay, TX 78657

Property Details

Price $499,995
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,931 sqft
Lot Size 0.21 acres (9,147.6 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay Proper
County Llano
Zip Code 78657
$/sqft $259/sqft
Days on Market ,
HOA $361/Annually
Annual Tax Est. $6,618
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221785327
List Date March 26, 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
320 Lucy Ln
Horseshoe Bay North
$499,000 $233 3 bd / 3 ba 2,139 sqft , 2026-07-06
405 Taylor Dr
Channel Oaks II
$495,000 $350 3 bd / 2 ba 1,416 sqft , 2026-02-23
340 Sun Ray None
Horseshoe Bay W
$495,000 $254 3 bd / 2 ba 1,951 sqft , 2026-06-22
103 Birdie None
Horseshoe Bay Proper
$475,000 $195 3 bd / 4 ba 2,440 sqft , 2026-04-27
310 Dogie Dr #A
Bay Hill Deck
$475,000 $233 3 bd / 3 ba 2,036 sqft , 2026-05-29

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
$2,400/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
$99,999
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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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