Active Listing  ·  124 days on market

409 Turquoise None

Horseshoe Bay, TX 78657
$1,650,000
4 Bed 5 Bath 3,972 sqft $415/sqft Built 2010 0.63 acres 3-Car Garage Pool Horseshoe Bay West

Set on a beautifully established .63-acre golf-front property in Horseshoe Bay West, 409 Turquoise offers something increasingly difficult to duplicate: privacy, mature landscaping, generous outdoor living and flexible guest space in a premier Ram Rock setting. Positioned along the scenic 9th hole and just a short golf-cart ride from Cap Rock, the home combines approximately 3,972 square feet of comfortable living space with a three-car garage and separate guest/flex quarters.

Inside, soaring ceilings and an open layout connect the living, dining, kitchen and breakfast areas, while Saltillo tile, custom architectural details and a tile roof give the home a warm, established character. The spacious primary suite includes separate closets and private bath areas, and each secondary bedroom has its own bath.

Outdoor living is a standout feature. Multiple covered areas overlook the golf course and mature landscape, including a fireplace and seating areas, while a separate courtyard offers another private retreat. A wisteria-covered walkway leads to the guest/flex quarters above the garage, featuring two large rooms, a galley kitchen and full bath—ideal for guests, a home office, fitness space or a combination of uses.

For buyers comparing today’s new construction with an established Horseshoe Bay property, 409 Turquoise offers a compelling alternative: mature trees and landscaping, privacy, golf frontage, substantial outdoor living, three-car garage and unusually versatile additional space—all in Horseshoe Bay West near the Cap Rock golf experience and Horseshoe Bay Resort amenities available with membership.

At $415/sqft, this home is 10% 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

409 Turquoise None, Horseshoe Bay, TX 78657

Property Details

Price $1,650,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,972 sqft
Lot Size 0.63 acres (27,599.62 sqft)
Year Built 2010
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $415/sqft
Days on Market ,
HOA $1,733/Annually
Annual Tax Est. $12,925.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229619409
List Date May 21, 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.

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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 · May 21, 2026 $1,799,999
Current ask $1,650,000
Reduced $149,999 (-8.3%) 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
1317 Cats Eye None
Horseshoe Bay West
$1,575,000 $431 4 bd / 5 ba 3,656 sqft , 2026-08-07
106 Edwards Cir
Pecan Creek
$1,749,000 $513 3 bd / 5 ba 3,410 sqft , 2026-04-18
101 Silver Way None
Horseshoe Bay West
$1,549,000 $440 4 bd / 5 ba 3,517 sqft , 2026-07-24
143 Westgate Loop
Westgate Estates
$1,530,000 $375 4 bd / 4 ba 4,079 sqft , 2026-07-10
310 The Hills Rd
The Hills
$1,898,000 $475 4 bd / 4 ba 4,000 sqft , 2026-03-29

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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 July 29, 2026.

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