Active Listing  ·  54 days on market

316 Sweet Grass None

Horseshoe Bay, TX 78657
$579,000
3 Bed 2 Bath 2,235 sqft $259/sqft Built 2026 0.23 acres 2-Car Garage Pool New Construction Horseshoe Bay West

Welcome to this beautiful new construction home in desirable Horseshoe Bay West! Offering approximately 2,235 square feet of thoughtfully designed living space, this 3-bedroom, 2-bath home features a functional split-bedroom floor plan with modern finishes throughout. The open-concept living area is anchored by a stunning stone wood-burning fireplace and offers luxury vinyl plank flooring throughout the main living areas. The spacious kitchen features quartz countertops, a breakfast bar, and stainless steel appliances.

The private primary suite features a walk-in shower, double vanity, and separate his-and-her walk-in closets. The guest bath also includes double vanities, providing added convenience for family and guests.

Enjoy relaxing mornings on the front porch or unwind on the covered back patio. Situated near the end of a quiet cul-de-sac, this home offers a peaceful setting while remaining just minutes from the heart of Horseshoe Bay. Blending modern style with everyday functionality, this beautiful new home is ready to welcome its first owners.

At $259/sqft, this home is 44% 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

316 Sweet Grass None, Horseshoe Bay, TX 78657

Property Details

Price $579,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,235 sqft
Lot Size 0.23 acres (10,023.16 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $259/sqft
Days on Market ,
HOA $866.52/Annually
Annual Tax Est. $4,541.29
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241363271
List Date July 30, 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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 30, 2026 $589,000
Current ask $579,000
Reduced $10,000 (-1.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
204 Mountain Home Rd
Horseshoe Bay West
$575,000 $291 3 bd / 2 ba 1,979 sqft , 2026-03-11
515 Sun Ray None
Horseshoe Bay West
$569,000 $278 3 bd / 2 ba 2,050 sqft , 2026-08-23
100 W Up There None
Horseshoe Bay West
$515,000 $208 4 bd / 2 ba 2,471 sqft , 2026-05-14
106 Gemstone None
Palm West Applehead Villas P
$652,000 $310 3 bd / 2 ba 2,102 sqft , 2025-11-22
340 Sun Ray None
Horseshoe Bay W
$495,000 $254 3 bd / 2 ba 1,951 sqft , 2026-06-22

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
$2,779/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
$115,800
20% conventional investment loan

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

Estimated Gross Rent+$2,779
Principal + Interest−$3,160
Property Tax (~2.1% TX avg)−$1,013
Insurance (~0.5%)−$241
Est. Monthly Cash Flow $-1,635

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

More Luxury Homes in Horseshoe Bay

Loading…
View All Luxury Homes →
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 →