Active Listing  ·  68 days on market

320 Twin Sails None #25

Horseshoe Bay, TX 78657
$419,900
3 Bed 3 Bath 1,860 sqft $226/sqft Built 1982 0.04 acres Pool Highland Condos

End-unit Lake LBJ view condo with massive outdoor deck, direct pool access, STR flexibility, and close proximity to Horseshoe Bay Resort. The corner-unit location creates additional privacy, natural light, and convenient access to the community amenities, while the oversized deck delivers Lake LBJ views and exceptional outdoor entertaining space. Multiple balconies and direct exterior access from several rooms create seamless indoor-outdoor flow throughout the property. Inside, the recently updated interior features durable flooring, large windows, and open-concept living spaces designed for easy lake living and entertaining. The kitchen includes quartz countertops, bar seating, extensive storage, and open connection to the living and dining areas. A large flex space provides additional versatility for bunk room, game room, media room, or guest overflow use. Community amenities include swimming pool, pickleball courts, camping areas, and additional recreational spaces. Double carport included. STR-friendly opportunity near Horseshoe Bay Resort.

At $226/sqft, this home is 53% 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 Twin Sails None #25, Horseshoe Bay, TX 78657

Property Details

Price $419,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,860 sqft
Lot Size 0.04 acres (1,781.6 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Highland Condos
County Llano
Zip Code 78657
$/sqft $226/sqft
Days on Market ,
HOA $277/Monthly
Annual Tax Est. $5,006.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231726744
List Date May 28, 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
103 Kings Way
Castle Terrace
$420,000 $224 3 bd / 2 ba 1,875 sqft , 2026-06-10
416 Hi Cir W #B
Horseshoe Bay Proper
$415,000 $269 2 bd / 2 ba 1,543 sqft , 2026-07-05
302 Parallel Cir
Horseshoe Bay West
$410,000 $250 2 bd / 3 ba 1,641 sqft , 2026-05-20
507 Mountain Dr
Deer Haven
$438,000 $272 3 bd / 2 ba 1,609 sqft , 2026-03-05
2606 Deep Cyn
Horseshoe Bay West
$439,000 $278 2 bd / 3 ba 1,581 sqft , 2026-07-22

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
$2,016/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
$83,980
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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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