Active Listing  ·  78 days on market

3413 Blue Lake Dr

Horseshoe Bay, TX 78657
$775,000
3 Bed 2 Bath 1,752 sqft $442/sqft Built 2022 0.26 acres 2-Car Garage Pool Blue Lake Estates

Modern Hill Country retreat with panoramic lake and hill country views in coveted Blue Lake Estates. Built in 2022, this 3-bedroom, 2-bath, 1,752 sq ft home on a low-maintenance .26-acre lot combines contemporary finishes with relaxed lake view living. An open, light-filled floor plan features a stylish kitchen with Shaker cabinets, quartz counter tops, stainless steel appliances, and a large island that flows into the dining and living areas. Luxury vinyl wood-look flooring runs throughout, and the home is thoughtfully designed to be handicap accessible. The spacious primary suite and secondary bedrooms offer flexibility for guests, family, or a home office, all while maximizing the stunning views from multiple rooms. Outside, enjoy a low-maintenance yard so you can spend more time taking in the scenery and less time on upkeep. The attached 2-car garage plus generous driveway parking provide plenty of room for vehicles, a golf cart, and lake toys. This golf cart–friendly, walkable community offers waterfront parks with boat docks and swimming areas, a neighborhood golf course, tennis courts, pickle ball courts, and a marina within the subdivision—ideal for full-time living or a lock-and-leave lake escape.

At $442/sqft, this home is 8% 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

3413 Blue Lake Dr, Horseshoe Bay, TX 78657

Property Details

Price $775,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,752 sqft
Lot Size 0.26 acres (11,469.35 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Blue Lake Estates
County Llano
Zip Code 78657
$/sqft $442/sqft
Days on Market ,
HOA $466/Annually
Annual Tax Est. $9,643.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226889130
List Date May 18, 2026
Elementary School Llano
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
402 Lost Echo None #8
Lost Echo Bay
$785,000 $366 3 bd / 4 ba 2,146 sqft , 2026-03-12
98 Island Dr #34
The Waters At Horseshoe Bay Re
$799,000 $594 3 bd / 2 ba 1,344 sqft , 2026-05-17
1216 Hi Circle N None
Horseshoe Bay
$749,900 $341 3 bd / 2 ba 2,200 sqft , 2026-01-21
101 Belforte Blvd
Tuscan Village Horseshoe Bay
$734,000 $324 3 bd / 4 ba 2,266 sqft , 2026-06-03
402 Lost Echo None #4
Lost Echo Bay
$725,000 $338 3 bd / 4 ba 2,146 sqft , 2026-03-09

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
$3,720/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
$155,000
20% conventional investment loan

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

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (~2.1% TX avg)−$1,356
Insurance (~0.5%)−$323
Est. Monthly Cash Flow $-2,188

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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