Active Listing  ·  29 days on market

320 Lucy Ln

Horseshoe Bay, TX 78657
$499,000
3 Bed 3 Bath 2,139 sqft $233/sqft Built 1982 0.26 acres 2-Car Garage Pool Horseshoe Bay North

Well-maintained home on a beautiful, quiet street near Lake LBJ in the heart of Horseshoe Bay Resort. Located just one hour from Austin and the airport, this 3-bedroom, 4-bath residence with a 2-car garage offers comfort, convenience, and an inviting lifestyle.

The nicely updated kitchen features granite countertops and opens to the living areas, creating a great space for everyday living and entertaining. Enjoy pleasant views and a peaceful setting throughout the property.

The primary suite has two ensuite bathrooms and large walk-in closet.

Horseshoe Bay Resort offers exceptional amenities for members, including four championship golf courses, a marina, private airport, spa, and fitness center. Residents also enjoy community events at the clubhouse, picnic grounds, walking trails, pickleball, and a variety of water activities.

Experience relaxed Hill Country living with resort-style amenities just minutes from your door.

At $233/sqft, this home is 52% 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

320 Lucy Ln, Horseshoe Bay, TX 78657

Property Details

Price $499,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,139 sqft
Lot Size 0.26 acres (11,473.7 sqft)
Year Built 1982
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay North
County Burnet
Zip Code 78657
$/sqft $233/sqft
Days on Market ,
HOA $365/Annually
Annual Tax Est. $6,733.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238790603
List Date July 6, 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
2900 Hi Mesa None
Horseshoe Bay Proper
$499,995 $259 4 bd / 3 ba 1,931 sqft , 2026-03-26
405 Taylor Dr
Channel Oaks II
$495,000 $350 3 bd / 2 ba 1,416 sqft , 2026-02-23
340 Sun Ray None
Horseshoe Bay W
$495,000 $254 3 bd / 2 ba 1,951 sqft , 2026-06-22
103 Birdie None
Horseshoe Bay Proper
$475,000 $195 3 bd / 4 ba 2,440 sqft , 2026-04-27
310 Dogie Dr #A
Bay Hill Deck
$475,000 $233 3 bd / 3 ba 2,036 sqft , 2026-05-29

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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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