Active Listing  ·  194 days on market

402 Lost Echo None #8

Horseshoe Bay, TX 78657
$785,000
3 Bed 4 Bath 2,146 sqft $366/sqft Built 1987 0.03 acres Pool Waterfront Lost Echo Bay

LOCATION, LOCATION, LOCATION! This amazing townhome in Horseshoe Bay West sits on the Apple Rocks Golf Course, offering million-dollar views of greens #11 and #12, the Texas Hill Country and Lake LBJ – all for $785,000. This gorgeous 2146 square foot townhome is a coveted end unit siding with a seasonal creek and greenspace for complete privacy. This immaculate, completely updated townhome has everything a growing family or anyone needs for fun and relaxation. Inside you'll find 3 spacious bedroom suites, each with its own ensuite bathroom. Multiple balconies — including one off the dining and kitchen areas, provide seamless indoor-outdoor living and the perfect spots to take in the serene surroundings. Just steps from the day dock, enjoy easy access to Lake LBJ for fishing and boating adventures. This is more than just a house; it’s a place to create lasting memories with family and friends. Don't miss your chance to own a slice of paradise in Horseshoe Bay!

At $366/sqft, this home is 21% 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 #8, Horseshoe Bay, TX 78657

Property Details

Price $785,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,146 sqft
Lot Size 0.03 acres (1,271.95 sqft)
Year Built 1987
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Lost Echo Bay
County Llano
Zip Code 78657
$/sqft $366/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. $4,679.04
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT221244975
List Date March 12, 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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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 Fox Fur None
Applehead West
$749,000 $294 3 bd / 4 ba 2,544 sqft , 2026-06-18
501 Sombrero None
Horseshoe Bay Proper
$828,900 $352 3 bd / 4 ba 2,356 sqft , 2026-03-26
402 Lost Echo None #4
Lost Echo Bay
$725,000 $338 3 bd / 4 ba 2,146 sqft , 2026-03-09
105-D Lachite None
Horseshoe Bay West
$725,000 $322 3 bd / 4 ba 2,253 sqft , 2026-08-24
1902 Bay West Blvd Blvd
CAP ROCK
$850,000 $310 4 bd / 4 ba 2,739 sqft , 2026-09-16

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
$3,768/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
$157,000
20% conventional investment loan

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

Estimated Gross Rent+$3,768
Principal + Interest−$4,284
Property Tax (~2.1% TX avg)−$1,374
Insurance (~0.5%)−$327
Est. Monthly Cash Flow $-2,217

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 1, 2026.

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