Active Listing  ·  204 days on market

3804 Dew Drop None

Horseshoe Bay, TX 78657
$455,000
4 Bed 2 Bath 2,004 sqft $227/sqft Built 2025 0.28 acres 2-Car Garage Pool New Construction HORSESHOE BAY

Brand new construction tucked away in the hills of Horseshoe Bay! This single-story home offers 4 bedrooms, 2 full bathrooms, and incredible panoramic Hill Country views. Situated on a spacious corner lot with mature native oaks, this property provides both privacy and charm. Step inside to an open-concept layout featuring 10-foot ceilings in the main living area and 9-foot ceilings in all bedrooms. Every bedroom includes a generous walk-in closet, and the guest bathroom is beautifully finished with double sinks, custom marble tile, and granite countertops. The kitchen is a standout with custom solid-wood cabinetry, soft-close hinges, full-extension drawers, and a rare hidden walk-in pantry. Additional quality features such as blown-in insulation and sound-proof batting in all interior walls add comfort and efficiency that can’t always be seen. A functional mudroom connects to the oversized, side-facing 2-car garage. The split floor plan provides privacy, with the primary suite offering a large walk-in closet, double vanities, a soaking tub, a walk-in shower, and elegant marble tile throughout. Move-in ready and zoned to Marble Falls ISD with a low 1.5 tax rate, this brand-new home offers peaceful Hill Country living while still being just 15 minutes from downtown Marble Falls. A must-see for anyone seeking comfort, craftsmanship, and tranquility!

At $227/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

3804 Dew Drop None, Horseshoe Bay, TX 78657

Property Details

Price $455,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,004 sqft
Lot Size 0.28 acres (12,196.8 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision HORSESHOE BAY
County Burnet
Zip Code 78657
$/sqft $227/sqft
Days on Market ,
HOA $331/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT216171604
List Date January 12, 2026
Elementary School Spicewood (Marble Falls ISD)
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
101 Western Spur
Horseshoe Bay Proper
$459,900 $277 3 bd / 2 ba 1,659 sqft , 2026-03-26
611 Sun Ray None
Horseshoe Bay West
$465,000 $279 3 bd / 2 ba 1,668 sqft , 2025-09-12
204 Blue Ground None
Horseshoe Bay West
$465,000 $190 3 bd / 5 ba 2,450 sqft , 2026-03-05
1407 Swallow None
Horseshoe Bay South
$468,000 $289 3 bd / 2 ba 1,617 sqft , 2026-05-20
704 Horseshoe Bay Blvd #L
Tall Timbers
$440,000 $242 4 bd / 5 ba 1,820 sqft , 2025-12-22

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
$2,184/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
$91,000
20% conventional investment loan

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

Estimated Gross Rent+$2,184
Principal + Interest−$2,483
Property Tax (~2.1% TX avg)−$796
Insurance (~0.5%)−$190
Est. Monthly Cash Flow $-1,285

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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