Active Listing  ·  13 days on market

415 Horseshoe Bay Blvd N

Horseshoe Bay, TX 78657
$1,175,000
4 Bed 4 Bath 2,375 sqft $495/sqft Built 1984 0.00 acres 1-Car Garage Pool Waterfront Horseshoe Bay North

Discover lakeside luxury in this spacious, east-facing 4-bedroom, 3.5 bath townhome on Lake LBJ, featuring breathtaking Hill Countryviews and a one-car attached garage. Start your mornings with serene sunrises on the patio or boathouse deck and enjoy direct lakeaccess the fully enclosed boathouse--perfect for your quick getaways on the water. Inside, the open concept living and dining areaincludes a cozy fireplace, breakfast bar, and an upgraded kitchen with stainless steel appliances and granite countertops. The primarysuite offers a private fireplace, custom window treatments and floor-to-ceiling windows for sweeping lake views. A lower-level living areawith a wet bar is perfect for a game room or man cave. Recent upgrades include a hot water heater, fresh stucco, a durable concrete tileroof and energy efficient windows. Don't miss out on this opportunity for an unparallel lakeside lifestyle!

At $495/sqft, this home is priced 4% above the Horseshoe Bay active market average of $477/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

415 Horseshoe Bay Blvd N, Horseshoe Bay, TX 78657

Property Details

Price $1,175,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,375 sqft
Lot Size 0.00 acres (17.42 sqft)
Year Built 1984
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay North
County Burnet
Zip Code 78657
$/sqft $495/sqft
Days on Market ,
HOA $292/Quarterly
Annual Tax Est. $13,243.58
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT250306274
List Date October 30, 2026
Elementary School Colt
Middle School Marble Falls
High School Marble Falls
School District Marble Falls ISD

Marble Falls ISD

Colt · Marble Falls · Marble Falls

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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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
$5,640/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
$235,000
20% conventional investment loan

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

Estimated Gross Rent+$5,640
Principal + Interest−$6,412
Property Tax (assumed ~2.1%)−$2,056
Insurance (assumed ~0.5%)−$490
Est. Monthly Cash Flow $-3,318

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 · 41 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. The written content was last updated on November 3, 2026.

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

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