Active Listing  ·  131 days on market

501 Sombrero None

Horseshoe Bay, TX 78657
$828,900
3 Bed 4 Bath 2,356 sqft $352/sqft Built 1990 0.29 acres 3-Car Garage Pool Horseshoe Bay Proper

Tucked into the heart of Horseshoe Bay, this beautifully updated single-story residence offers refined Hill Country living with clear, unobstructed views of Slick Rock Golf Course’s #7 fairway & pond. While not directly on the course, the home’s unique positioning & neighboring lot layout create exceptional golf course vistas rarely found in the area. Situated on a spacious corner lot, this 3-bedroom, 3.5-bath home combines privacy, comfort, & an ideal location near Lake LBJ & Horseshoe Bay Resort amenities within one of the area’s most desirable golf course communities. A circular drive, stone exterior, & mature trees create an inviting first impression. Inside, high ceilings, skylights, & a light-filled open floor plan seamlessly connect the living, dining, & kitchen areas—perfect for daily living & entertaining. The living room is anchored by a fireplace, while the kitchen features quartz countertops, abundant cabinetry, wraparound breakfast bar seating, generous prep space, & exceptional storage. The spacious primary suite includes a spa-inspired bath with dual vanities & walk-in shower. Each guest bedroom offers a private bath, while a dedicated office provides flexible space for work or retreat. Outdoor living shines with a covered patio overlooking the fairway & pond, where deer, heron, & migrating waterfowl create a peaceful setting. Additional highlights include a level lot, sprinkler system, & rare 3-car garage. Resort membership is available upon application & acceptance.

At $352/sqft, this home is 27% below the Horseshoe Bay active market average of $481/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

501 Sombrero None, Horseshoe Bay, TX 78657

Property Details

Price $828,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,356 sqft
Lot Size 0.29 acres (12,628.04 sqft)
Year Built 1990
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay Proper
County Llano
Zip Code 78657
$/sqft $352/sqft
Days on Market ,
HOA $351/Annually
Annual Tax Est. $8,140.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223695344
List Date March 26, 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 →

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 26, 2026 $949,900
Current ask $828,900
Reduced $121,000 (-12.7%) 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
101 Fox Fur None
Applehead West
$825,000 $324 3 bd / 4 ba 2,544 sqft , 2026-06-18
102 Menard Ct
Pecan Creek
$824,850 $325 4 bd / 4 ba 2,538 sqft , 2026-07-10
604 Hi Circle South Dr
Horseshoe Bay Proper
$849,900 $312 3 bd / 3 ba 2,726 sqft , 2026-06-18
82 Island Dr #8202
13239 Horseshoe Bay
$850,000 $508 3 bd / 2 ba 1,672 sqft , 2025-10-10
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
$3,979/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
$165,780
20% conventional investment loan

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

Estimated Gross Rent+$3,979
Principal + Interest−$4,524
Property Tax (~2.1% TX avg)−$1,451
Insurance (~0.5%)−$345
Est. Monthly Cash Flow $-2,341

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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