Active Listing  ·  4 days on market

505 Horseback Holw

Austin, TX 78732
$1,195,000
4 Bed 4 Bath 4,053 sqft $295/sqft Built 2007 0.25 acres 3-Car Garage Pool Steiner Ranch Ph 01 Sec 09

Nestled on a quiet cul-de-sac within one of Steiner Ranch's exclusive gated communities, this Mediterranean-inspired residence offers a lifestyle defined by privacy, comfort, and effortless entertaining. Surrounded by mature trees and backing to a peaceful greenbelt, the home captures spectacular views that become the backdrop for everyday living.

Designed for the way families gather and unwind, the open floor plan flows seamlessly from beautifully appointed living spaces to exceptional outdoor retreats. Whether enjoying morning coffee on the upstairs terrace, hosting friends on the expansive deck, or relaxing beneath the covered patio as the sun rises over the greenbelt, every outdoor space invites you to slow down and savor the setting.

At the heart of the home, the thoughtfully upgraded chef's kitchen features premium appliances, including a Sub-Zero refrigerator, generous workspace, and an effortless connection to the main living and dining areas—perfect for everything from casual family meals to holiday celebrations.

At $295/sqft, this home is 25% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

505 Horseback Holw, Austin, TX 78732

Property Details

Price $1,195,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,053 sqft
Lot Size 0.25 acres (10,759.32 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 09
County Travis
Zip Code 78732
$/sqft $295/sqft
Days on Market ,
HOA $866.46/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240482301
List Date July 31, 2026
Elementary School Laura Welch Bush
Middle School Canyon Ridge
High School Vandegrift
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
11600 Hunters Green Trl
Steiner Ranch Ph 01 Sec 10a
$1,195,000 $318 4 bd / 4 ba 3,760 sqft , 2026-07-23
560 Aspen Dr
Belterra Ph 02 Sec 05c
$1,195,000 $259 5 bd / 5 ba 4,613 sqft , 2026-05-22
4806 Richmond Ave #1
Glenwood Square
$1,199,000 $414 4 bd / 5 ba 2,896 sqft , 2025-10-22
5400 Top Of The Trails Cv
Woods Lake Travis Sec 02
$1,199,000 $334 4 bd / 4 ba 3,589 sqft , 2026-04-16
1316 Cassiopeia Way
Steiner Ranch Ph 01 Sec 7A
$1,199,000 $312 5 bd / 5 ba 3,837 sqft , 2026-04-16

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
$5,736/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
$239,000
20% conventional investment loan

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

Estimated Gross Rent+$5,736
Principal + Interest−$6,522
Property Tax (~2.1% TX avg)−$2,091
Insurance (~0.5%)−$498
Est. Monthly Cash Flow $-3,375

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 Austin, TX

Austin 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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