Active Listing  ·  143 days on market

340 Sun Ray None

Horseshoe Bay, TX 78657
$485,000
3 Bed 2 Bath 1,951 sqft $249/sqft Built 2009 0.14 acres 2-Car Garage Pool Horseshoe Bay W

Perfectly positioned along the 15th fairway of Apple Rock Golf Course, this beautifully maintained Horseshoe Bay home offers the idealblend of golf course living, Hill Country beauty, and easy access to Lake LBJ. Whether you're seeking a full-time residence, weekendretreat, or lock-and-leave getaway, this property delivers the lifestyle buyers come to Horseshoe Bay to enjoy. Inside, approximately 1,951 square feet of thoughtfully designed living space welcomes you with soaring ceilings, abundant natural light, rich hardwood flooring,and expansive windows framing picturesque fairway views. The open-concept floorplan creates a seamless flow between the living,dining, and kitchen areas, making entertaining family and friends effortless. The spacious living room is anchored by a cozy fireplace andoverlooks the golf course beyond. The kitchen features granite countertops, stainless steel appliances, ample cabinetry, generous prepspace, and a breakfast bar that keeps everyone connected during gatherings. The private primary suite offers a peaceful retreat with golfcourse views, a large walk-in closet, dual vanities, soaking tub, and separate walk-in shower. Two additional guest bedrooms providecomfortable accommodations for visitors, hobbies, or a dedicated home office. Step outside to enjoy morning coffee or evening cocktailswhile watching golfers pass through one of Horseshoe Bay's most recognized championship courses. Mature landscaping and the tranquil fairway setting create a relaxing backdrop.

At $249/sqft, this home is 48% below the Horseshoe Bay active market average of $477/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

340 Sun Ray None, Horseshoe Bay, TX 78657

Property Details

Price $485,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,951 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 2009
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay W
County Llano
Zip Code 78657
$/sqft $249/sqft
Days on Market ,
HOA $800/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237221468
List Date June 22, 2026
Elementary School Llano
Middle School Llano
High School Llano
School District Llano ISD

Llano ISD

Llano · Llano · Llano

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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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 · June 22, 2026 $495,000
Current ask $485,000
▼ Reduced $10,000 (-2.0%) 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
817 Sun Ray None
Horseshoe Bay West
$439,000 $245 3 bd / 2 ba 1,794 sqft , 2026-09-22
515 Sun Ray None
Horseshoe Bay West
$549,000 $268 3 bd / 2 ba 2,050 sqft , 2026-08-23
2606 Deep Cyn
Horseshoe Bay West
$419,000 $265 2 bd / 3 ba 1,581 sqft , 2026-07-22
204 Mountain Home Rd
Horseshoe Bay West
$559,000 $282 3 bd / 2 ba 1,979 sqft , 2026-03-11
316 Sweet Grass None
Horseshoe Bay West
$566,000 $253 3 bd / 2 ba 2,235 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
$2,328/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
$97,000
20% conventional investment loan

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

Estimated Gross Rent+$2,328
Principal + Interest−$2,647
Property Tax (assumed ~2.1%)−$849
Insurance (assumed ~0.5%)−$202
Est. Monthly Cash Flow $-1,370

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 · 41 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. The written content was last updated on November 3, 2026.

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

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