Active Listing  ·  197 days on market

402 Lost Echo None #4

Horseshoe Bay, TX 78657
$725,000
3 Bed 4 Bath 2,146 sqft $338/sqft Built 1987 0.03 acres Pool Waterfront Lost Echo Bay

Beautifully remodeled waterfront townhome in Horseshoe Bay West offers a perfect blend of easy Lake LBJ access and spectacular golf course views. The main floor includes a guest bedroom with ensuite bath, laundry area, a cozy fireplace, and access to a back deck overlooking the community pool. Upstairs, enjoy a spacious open-concept living area with a fireplace, half bath, and a large balcony that showcases panoramic views of Lake LBJ and Apple Rock's #11 and #12 greens. The kitchen features granite countertops, stainless steel appliances, and a breakfast bar, flowing seamlessly into the dining area, which opens to a second balcony—ideal for entertaining. The top level hosts a private owner's suite with ensuite bath and a secluded balcony offering stunning lake and golf course views. Down the hall, a spacious bunk room with its own full bath provides flexibility for family or guests. Recent upgrades include luxury vinyl plank flooring, fresh paint, updated light and plumbing fixtures, modernized bathrooms, and more. This townhome offers indoor comfort and exceptional outdoor living spaces, perfect for full-time living or weekend retreats. You'll love the three balconies—one on each level—providing multiple vantage points to enjoy the scenic surroundings. With Lake LBJ access, day docks, a community pool, low-maintenance living, breathtaking views, and proximity to golf, lake, and resort amenities, this fully furnished property is a true gem. Schedule your showing today.

At $338/sqft, this home is 27% 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

402 Lost Echo None #4, Horseshoe Bay, TX 78657

Property Details

Price $725,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,146 sqft
Lot Size 0.03 acres (1,237.1 sqft)
Year Built 1987
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Lost Echo Bay
County Llano
Zip Code 78657
$/sqft $338/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. $5,651.26
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT221360135
List Date March 9, 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 →

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 9, 2026 $775,000
Current ask $725,000
Reduced $50,000 (-6.5%) 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
105-D Lachite None
Horseshoe Bay West
$725,000 $322 3 bd / 4 ba 2,253 sqft , 2026-08-24
101 Fox Fur None
Applehead West
$749,000 $294 3 bd / 4 ba 2,544 sqft , 2026-06-18
401 Lake Point Dr
Oak Ridge Estates
$699,000 $423 3 bd / 2 ba 1,652 sqft , 2026-05-09
824 Sun Ray None
Horseshoe Bay West
$689,000 $282 4 bd / 3 ba 2,441 sqft , 2026-04-13
402 Lost Echo None #8
Lost Echo Bay
$785,000 $366 3 bd / 4 ba 2,146 sqft , 2026-03-12

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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 September 18, 2026.

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