Active Listing  ·  50 days on market

300 Out Yonder None #178

Horseshoe Bay, TX 78657
$179,000
2 Bed 2 Bath 1,321 sqft $136/sqft Built 1973 0.06 acres 1-Car Garage Pool High Vista Condos

Lake Views, Hill Country Views & Short-Term Rental Potential! This well-maintained END UNIT 2 bedroom, 1.5 bath condominium offers an attractive low-maintenance property in the Horseshoe Bay area. Positioned on the second floor with a LEVEL floor plan, this condo features panoramic views of the lake and Hill Country, a private back deck, a wood-burning fireplace, and ice machine —features that can make a vacation rental especially appealing to guests. The condo is in good condition, fresh paint with tile flooring throughout and no carpet, plus a 2021 HVAC system, and lightly used 2017 Water Heater for added peace of mind. A dedicated laundry room with washer and dryer hookups adds convenience for both owners and guests. The HOA pool is conveniently located directly across the street, and the property includes one dedicated covered parking space in the carport, with plenty of additional parking available for guests. With its combination of views, location, amenities, and manageable size, this property makes an appealing lock-and-leave second home, weekend retreat, or short-term rental investment, Horseshoe Bay Resort's golf courses, pools, and other resort amenities are nearby and available through separate resort membership. Its proximity to the Highland Lakes and convenient access to both Austin and San Antonio add to the property's appeal for visitors looking for a Texas Hill Country getaway. A great opportunity to own a low-maintenance property with the potential to generate rental income!

At $136/sqft, this home is 71% below the Horseshoe Bay active market average of $477/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

300 Out Yonder None #178, Horseshoe Bay, TX 78657

Property Details

Price $179,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,321 sqft
Lot Size 0.06 acres (2,752.99 sqft)
Year Built 1973
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision High Vista Condos
County Llano
Zip Code 78657
$/sqft $136/sqft
Days on Market ,
HOA $469/Monthly
Annual Tax Est. $3,126.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247607319
List Date September 23, 2026
Elementary School Packsaddle
Middle School Llano
High School Llano
School District Llano ISD

Llano ISD

Packsaddle · Llano · Llano

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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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
306 Out Yonder None #162
High Vista Condos
$164,000 $124 2 bd / 2 ba 1,321 sqft , 2026-09-03
123 Lost Spur None #5
#18 CONDOS
$195,000 $166 2 bd / 2 ba 1,173 sqft , 2026-10-29
1210 Hi Stirrup #206 None #UNIT 206
The Oaks
$162,000 $130 2 bd / 2 ba 1,248 sqft , 2026-08-28
1210 Hi Stirrup #205 None
Horseshoe Bay
$152,000 $122 2 bd / 2 ba 1,248 sqft , 2026-10-15
1202 Hi Stirrup None #401
The Oaks
$144,000 $115 2 bd / 2 ba 1,248 sqft , 2026-07-30

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
$859/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
$35,800
20% conventional investment loan

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

Estimated Gross Rent+$859
Principal + Interest−$977
Property Tax (assumed ~2.1%)−$313
Insurance (assumed ~0.5%)−$75
Est. Monthly Cash Flow $-506

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 · 41 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. The written content was last updated on September 24, 2026.

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

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