Active Listing  ·  193 days on market

400 Hi There None #104

Horseshoe Bay, TX 78657
$255,000
3 Bed 3 Bath 1,886 sqft $135/sqft Built 1973 0.04 acres 1-Car Garage Pool High Vista Condos

VISTA VIEWS OF LAKE LBJ AND THE TEXAS HILL COUNTRY! Beautiful 3 BR, 2.5-bath, two-story condo in the desirable High Vista Condos of Horseshoe Bay. This light-filled unit features cathedral ceilings and an open floor plan that creates a spacious feel throughout the main living areas. Two private balconies offer stunning vista views of the Texas Hill Country and Lake LBJ, perfect for enjoying morning coffee or relaxing sunsets. The property also includes a charming front courtyard, providing additional outdoor living space. Community amenities include a pool and tennis courts, and the location is ideal—just minutes from Horseshoe Bay Resort, Lake LBJ, and nearby pickleball courts. Currently operating as a popular, cash-flowing Airbnb, this property offers excellent potential as a short-term rental investment, vacation getaway, or full-time residence. Fantastic opportunity to own a Hill Country retreat with income potential in the heart of Horseshoe Bay. 40 minutes from Bee Cave, an hour from Austin and 90 minutes from San Antonio.

At $135/sqft, this home is 71% below the Horseshoe Bay active market average of $462/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

400 Hi There None #104, Horseshoe Bay, TX 78657

Property Details

Price $255,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,886 sqft
Lot Size 0.04 acres (1,934.06 sqft)
Year Built 1973
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision High Vista Condos
County Llano
Zip Code 78657
$/sqft $135/sqft
Days on Market ,
HOA $700/Monthly
Annual Tax Est. $4,706.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221924246
List Date March 13, 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.

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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 · March 13, 2026 $285,000
Previous ask $260,000
Current ask $255,000
Reduced $30,000 (-10.5%) 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
402 Hi Stirrup None #E4
Bay View Villas
$269,000 $146 3 bd / 3 ba 1,848 sqft , 2026-04-16
207 N Hi Circle N St N #105 A&B
Las Encinas
$229,000 $144 2 bd / 2 ba 1,588 sqft , 2025-04-05
117 Lost Spur #5
Parkridge Green
$320,000 $155 2 bd / 4 ba 2,070 sqft , 2026-05-14
706-A Clayton Nolen Dr
Hillcrest Garden
$325,000 $145 3 bd / 3 ba 2,241 sqft , 2026-08-21
901 Cheyenne None #C
Creekhill North
$329,000 $164 4 bd / 5 ba 2,006 sqft , 2026-06-18

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
$1,224/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
$51,000
20% conventional investment loan

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

Estimated Gross Rent+$1,224
Principal + Interest−$1,392
Property Tax (~2.1% TX avg)−$446
Insurance (~0.5%)−$106
Est. Monthly Cash Flow $-720

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 · 30 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. This page was last updated on August 26, 2026.

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