Active Listing  ·  11 days on market

404 Turquoise None

Horseshoe Bay, TX 78657
$849,000
3 Bed 3 Bath 2,546 sqft $333/sqft Built 2021 0.23 acres 2-Car Garage Pool Horseshoe Bay West

Tucked into the desirable Bay West neighborhood of Horseshoe Bay, this beautifully appointed 3-bedroom, 2.5-bath home blends everyday comfort with Hill Country ease. Soaring 11-foot ceilings create an open, airy feel throughout, while a formal dining room, dedicated study, and a wood-burning fireplace add warmth and versatility. The generous kitchen features an oversized walk-in pantry, and the expansive covered outdoor living space extends the home's footprint into the fresh Texas air—ideal for relaxing or entertaining. Perfectly positioned near FM 2147 and Highway 71, you're just minutes from Baylor Scott & White Hospital, area medical clinics, and the renowned amenities of Horseshoe Bay Resort. A rare combination of space, style, and location.

At $333/sqft, this home is 28% 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

404 Turquoise None, Horseshoe Bay, TX 78657

Property Details

Price $849,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,546 sqft
Lot Size 0.23 acres (9,975.24 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $333/sqft
Days on Market ,
HOA $694.78/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241914498
List Date September 11, 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
1902 Bay West Blvd Blvd
CAP ROCK
$850,000 $310 4 bd / 4 ba 2,739 sqft , 2026-09-16
102 Menard Ct
Pecan Creek
$799,000 $315 4 bd / 4 ba 2,538 sqft , 2026-07-10
306 Blue Ground None
Horseshoe Bay West
$799,000 $280 3 bd / 3 ba 2,853 sqft , 2026-09-21
101 Broken Hills None
Horseshoe Bay West
$779,000 $320 3 bd / 3 ba 2,432 sqft , 2026-08-13
107 Comanche Agate None
Horseshoe Bay West
$940,000 $302 3 bd / 4 ba 3,111 sqft , 2026-05-23

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
$4,075/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
$169,800
20% conventional investment loan

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

Estimated Gross Rent+$4,075
Principal + Interest−$4,633
Property Tax (~2.1% TX avg)−$1,486
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,398

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 12, 2026.

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