Active Listing  ·  167 days on market

303 Left Ln

Horseshoe Bay, TX 78657
$975,000
4 Bed 4 Bath 3,940 sqft $247/sqft Built 2002 0.53 acres 2-Car Garage Pool Horseshoe Bay North

Lake Views, Heated Pool, Tesla Backup Power & a Rare 2.75% Assumable Loan! Exceptional flexibility sets this Horseshoe Bay Resort home apart. Offering nearly 4,000 square feet, this 4-bedroom, 4.5-bath residence is designed for entertaining, guests, and multi-generational living. The open living, dining, and kitchen area features soaring ceilings and views of Lake LBJ, while the spacious primary suite includes a fireplace, soaking tub, separate shower, and generous closet space.

The lower level provides excellent separation with a game room featuring a wet bar, exercise area, and private guest suite with separate exterior access—ideal for visitors, extended family, or a home office.

Outdoor living is the highlight of the property, featuring a heated saltwater pool with waterfall, cabana, firepit, terraced rock gardens, mature landscaping, and multiple entertaining areas. Additional amenities include solar panels, a Tesla backup battery system, two-car garage, two-car carport, double driveway, and ample guest parking.

Located just minutes from Horseshoe Bay Resort's golf courses, marina, dining, and recreational amenities (membership required), this property offers lake views, resort-style outdoor living, energy-efficient features, and exceptional value at a fraction of waterfront pricing.

At $247/sqft, this home is 49% 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

303 Left Ln, Horseshoe Bay, TX 78657

Property Details

Price $975,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,940 sqft
Lot Size 0.53 acres (23,169.56 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay North
County Burnet
Zip Code 78657
$/sqft $247/sqft
Days on Market ,
HOA $355/Annually
Annual Tax Est. $10,718.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219662975
List Date February 18, 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
2508 Diagonal Dr
Hidden Coves
$995,000 $358 4 bd / 4 ba 2,781 sqft , 2026-03-07
104 Smugglers Cv
Horseshoe Bay West
$999,000 $316 4 bd / 3 ba 3,160 sqft , 2026-03-30
103 Stillwater None
Horseshoe Bay West
$999,999 $338 3 bd / 4 ba 2,959 sqft , 2026-02-04
304 Hi Ridge None
Horseshoe Bay
$1,000,000 $344 4 bd / 4 ba 2,904 sqft , 2025-04-28
107 Comanche Agate None
Horseshoe Bay West
$940,000 $302 3 bd / 4 ba 3,111 sqft , 2026-05-23

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
$4,680/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
$195,000
20% conventional investment loan

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

Estimated Gross Rent+$4,680
Principal + Interest−$5,321
Property Tax (~2.1% TX avg)−$1,706
Insurance (~0.5%)−$406
Est. Monthly Cash Flow $-2,753

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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