Active Listing  ·  76 days on market

302 Parallel Cir

Horseshoe Bay, TX 78657
$410,000
2 Bed 3 Bath 1,641 sqft $250/sqft Built 2024 0.12 acres 2-Car Garage Pool Horseshoe Bay West

Stunning home nestled in the heart of Horseshoe Bay, Texas. Located in the highly desirable Texas Hill Country, this residence offers a perfect blend of modern luxury and natural beauty. With proximity to Lake LBJ and world-class amenities, this property is ideal for those seeking a serene retreat. Situated in the peaceful community of Horseshoe Bay, just minutes from Lake LBJ, golf courses, marinas and resort facilities (membership required). This home features an open-concept floor plan with large windows allowing for abundant natural light and picturesque views of the surrounding landscape. The modern kitchen is equipped with high-end stainless-steel appliances, quartz countertops, a large island, and ample storage space - perfect for entertaining or casual family dining. Put this 2-bedroom, 2.5bathroom and 2-car garage on your must see list.

At $250/sqft, this home is 48% 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

302 Parallel Cir, Horseshoe Bay, TX 78657

Property Details

Price $410,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,641 sqft
Lot Size 0.12 acres (5,366.59 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $250/sqft
Days on Market ,
HOA $843.74/Annually
Annual Tax Est. $5,599.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230831784
List Date May 20, 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
416 Hi Cir W #B
Horseshoe Bay Proper
$415,000 $269 2 bd / 2 ba 1,543 sqft , 2026-07-05
320 Twin Sails None #25
Highland Condos
$419,900 $226 3 bd / 3 ba 1,860 sqft , 2026-05-28
103 Kings Way
Castle Terrace
$420,000 $224 3 bd / 2 ba 1,875 sqft , 2026-06-10
113 Scenic Dr
Sandy Harbor
$399,000 $218 3 bd / 2 ba 1,830 sqft , 2026-04-24
104 Springfield None
Horseshoe Bay Proper
$399,000 $200 3 bd / 2 ba 1,999 sqft , 2026-05-07

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
$1,968/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
$82,000
20% conventional investment loan

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

Estimated Gross Rent+$1,968
Principal + Interest−$2,238
Property Tax (~2.1% TX avg)−$718
Insurance (~0.5%)−$171
Est. Monthly Cash Flow $-1,159

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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