About This Home

Location, Location, Location! This newly renovated 3 bedroom, 3-bath townhome is located in the middle of Lake LBJ on the prestigious Lighthouse Drive peninsula in Horseshoe Bay. The unobstructed panoramic lake views from inside and outside are uniquely amazing. Off of the main living area there is a large deck for entertaining and relaxing. On the lake level is a covered entertaining area, large boat slip with an electric lift and two hydraulic jet ski lifts. This property has been updated with a new roof, new stucco, front door, casement windows, garage door and a new air conditioner. It is being sold partially furnished with 3 TVs conveying. This property is the perfect lock and leave weekend retreat or fulltime living. Enjoy lake living at its best.

At $809/sqft, this home is priced 75% above the Horseshoe Bay active market average of $462/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

528 Lighthouse Dr #6, Horseshoe Bay, TX 78657

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Property Details

Price $1,749,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths ,

Living Area 2,162 sqft

Lot Size 0.19 acres (8,319.96 sqft)

Year Built 1981

Garage ,

Stories ,

Type Residential · Townhouse

Subdivision Lighthouse

County Llano

Zip Code 78657

$/sqft $809/sqft

Days on Market ,

HOA $360.99/Annually

Annual Tax Est. $17,432.19

Pool Yes

Waterfront Yes

New Construction ,

MLS # ACT209226839

List Date October 15, 2025

Elementary School Llano

Middle School Llano

High School Llano

School District ,

Have Questions About This Property?

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 · October 15, 2025 $1,925,000

Previous ask $1,795,000

Current ask $1,749,000

▼ Reduced $176,000 (-9.1%) 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

402 Island Dr #B
Harbortown Twnhms $1,890,000 $774 4 bd / 3 ba 2,442 sqft , 2026-02-15

103 Island Dr #8
Portofina $1,350,000 $622 3 bd / 3 ba 2,170 sqft , 2026-03-24

101 Third Sid None W
Horseshoe Bay Proper $1,250,000 $512 4 bd / 4 ba 2,442 sqft , 2026-07-10

1001 The Cape Rd #32
The Waters At Horseshoe Bay Re $1,170,000 $730 3 bd / 2 ba 1,602 sqft , 2026-06-15

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

$8,395/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

$349,800

20% conventional investment loan

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

Estimated Gross Rent+$8,395

Principal + Interest−$9,545

Property Tax (~2.1% TX avg)−$3,061

Insurance (~0.5%)−$729

Est. Monthly Cash Flow $-4,940

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

About the Author

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 16, 2026.

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

528 Lighthouse Dr #6