Active Listing  ·  19 days on market

306 Out Yonder None #162

Horseshoe Bay, TX 78657
$165,000
2 Bed 2 Bath 1,321 sqft $125/sqft Built 1973 0.04 acres 1-Car Garage Pool High Vista Condos

Investment Opportunity or Home Sweet Home...This 2 bed/1/1 is 1321sf with spectacular views of Lake LBJ, Horseshoe Bay Resort and the golf course. This condo was completely renovated in 2018. The renovations included new paint throughout, new flooring, updated kitchen and bathrooms. There is a fireplace in the main living area and a walkout balcony with breathtaking views. This condo is located in the heart of Horseshoe Bay and is less than a 5 minute drive to Horseshoe Bay Resort. These condos are very well maintained and offer a community pool. 1 carport parking space but plenty of additional parking. Laundry closet with condo. STR or a long term lease creates the perfect investment opportunity or a weekend getaway. Only an hour drive to Austin. Please schedule time to come take a look at what Horseshoe Bay has to offer and consider making this condo your new home.

At $125/sqft, this home is 73% 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

306 Out Yonder None #162, Horseshoe Bay, TX 78657

Property Details

Price $165,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,321 sqft
Lot Size 0.04 acres (1,842.59 sqft)
Year Built 1973
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision High Vista Condos
County Llano
Zip Code 78657
$/sqft $125/sqft
Days on Market ,
HOA $469/Monthly
Annual Tax Est. $2,565.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245667636
List Date September 3, 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.

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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
1210 Hi Stirrup #206 None #UNIT 206
The Oaks
$162,000 $130 2 bd / 2 ba 1,248 sqft , 2026-08-28
300 Out Yonder None #167
High Vista Condos
$159,000 $137 2 bd / 2 ba 1,160 sqft , 2026-03-10
1202 Hi Stirrup None #401
The Oaks
$149,000 $119 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
$792/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
$33,000
20% conventional investment loan

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

Estimated Gross Rent+$792
Principal + Interest−$900
Property Tax (~2.1% TX avg)−$289
Insurance (~0.5%)−$69
Est. Monthly Cash Flow $-466

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 4, 2026.

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