Active Listing  ·  110 days on market

402 Hi Stirrup None #E4

Horseshoe Bay, TX 78657
$269,000
3 Bed 3 Bath 1,848 sqft $146/sqft Built 1982 0.04 acres Pool Bay View Villas

Nice, remodeled condo in Horseshoe Bay in Bay View Villas, perfect for second home, investment or full time residence. Short Term Rentals are allowed. This 3 Bedroom, 2.5 Bath unit has a detached golf cart garage and two designated parking spots. The large open living - dining combo highlights a gorgeous stacked ledger stone fireplace with beautiful custom wood mantel. Lots on natural light through large sliding doors which go out to deck overlooking the hill country and Lake LBJ. Downstairs are two large bedrooms which have access to walkout patios and each include ensuite bathrooms with large walk-in closets. Main level offers another bedroom (or study). Other features include beautiful wood laminate floors, granite countertops in kitchen and baths, stainless steel appliances and wine rack/bar space. Mostly furnished, clean and move-in ready! Low tax rate and HOA dues include water, trash, sewer and exterior maintenance. Parking lot was recently resurfaced.

At $146/sqft, this home is 70% 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

402 Hi Stirrup None #E4, Horseshoe Bay, TX 78657

Property Details

Price $269,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,848 sqft
Lot Size 0.04 acres (1,738.04 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Bay View Villas
County Llano
Zip Code 78657
$/sqft $146/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $3,248.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226505728
List Date April 16, 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
4300 Prong Horn None
Horseshoe Bay South
$269,000 $145 3 bd / 2 ba 1,860 sqft , 2025-02-22
400 Hi There None #104
High Vista Condos
$260,000 $138 3 bd / 3 ba 1,886 sqft , 2026-03-13
1209 Hi Stirrup None #113
Timberridge
$239,900 $164 3 bd / 3 ba 1,465 sqft , 2026-03-17
110 Big Spur S #2
Golf Villa Condos
$235,000 $192 2 bd / 2 ba 1,224 sqft , 2026-04-20
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

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
$1,291/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
$53,800
20% conventional investment loan

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

Estimated Gross Rent+$1,291
Principal + Interest−$1,468
Property Tax (~2.1% TX avg)−$471
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-760

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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