About This Home

Spectacular views of the golf course from this new 3/2.5/3 home in Horseshoe Bay. Home features huge open concept living area designed to capture the views of the course. Nice kitchen with island, quartz counters and an abundance of cabinets. Study, large dining area, oversized 3 car garage, Wonderful primary suite with huge walk in closet, separate shower and soaking tub. LVP flooring throughout with exception of baths which are tile. Beautiful stone exterior with metal roof. This home will not disappoint! New golf course construction in HSB Proper is hard to find. Don't miss out on this one.

At $312/sqft, this home is 32% 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

604 Hi Circle South Dr, Horseshoe Bay, TX 78657

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $849,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,726 sqft

Lot Size 0.26 acres (11,325.6 sqft)

Year Built 2026

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Horseshoe Bay Proper

County Llano

Zip Code 78657

$/sqft $312/sqft

Days on Market ,

HOA $360/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236836600

List Date June 18, 2026

Elementary School Packsaddle

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.

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 · June 18, 2026 $799,900

Current ask $849,900

▲ Increased $50,000 (+6.3%) 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

501 Sombrero None
Horseshoe Bay Proper $828,900 $352 3 bd / 4 ba 2,356 sqft , 2026-03-26

1216 Hi Circle N None
Horseshoe Bay $749,900 $341 3 bd / 2 ba 2,200 sqft , 2026-01-21

1399 Hi Cir S
Horseshoe Bay Proper $699,990 $270 3 bd / 3 ba 2,592 sqft , 2026-07-01

715 Fawn None
Horseshoe Bay Proper $699,000 $221 4 bd / 4 ba 3,168 sqft , 2026-07-07

413 Silver Spur
Horseshoe Bay Proper $599,900 $249 3 bd / 3 ba 2,407 sqft , 2026-06-11

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

$4,080/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

$169,980

20% conventional investment loan

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

Estimated Gross Rent+$4,080

Principal + Interest−$4,638

Property Tax (~2.1% TX avg)−$1,487

Insurance (~0.5%)−$354

Est. Monthly Cash Flow $-2,399

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 4, 2026.

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

604 Hi Circle South Dr