Active Listing  ·  46 days on market

634 Broken Hls

Horseshoe Bay, TX 78657
$509,000
3 Bed 4 Bath 2,775 sqft $183/sqft Built 1984 0.31 acres 2-Car Garage Pool Horseshoe Bay West

Nestled beneath mature oak trees on an oversized corner lot, this well-designed 3-bedroom, 3.5-bath home offers the space, privacy, and lifestyle that make Horseshoe Bay so desirable. With two driveways, a two-car garage, a private courtyard, multiple covered patios, and scenic Hill Country views, this property delivers features that are increasingly difficult to find. The split-bedroom floor plan offersl privacy, with each spacious bedroom featuring its own en-suite bath. Vaulted ceilings, abundant natural light, a cozy fireplace, and walls of glass that open to the covered outdoor living areas create a warm, inviting atmosphere that's perfect for both everyday living and entertaining. The oversized primary suite is a true retreat, complete with separate his-and-her closets featuring built-in storage. Ample storage throughout the home, generous room sizes, and timeless construction provide an excellent foundation for buyers seeking a home they can enjoy today while adding their own style over time. Residents also enjoy access to a private waterfront homeowners park on Lake LBJ with lake access, picnic areas, and outdoor recreation. Homes offering this combination of space, privacy, mature trees are becoming increasingly rare. Schedule your private showing today.

At $183/sqft, this home is 60% 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

634 Broken Hls, Horseshoe Bay, TX 78657

Property Details

Price $509,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,775 sqft
Lot Size 0.31 acres (13,372.92 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $183/sqft
Days on Market ,
HOA $866.52/Annually
Annual Tax Est. $7,578.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242291735
List Date August 7, 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 →

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
100 W Up There None
Horseshoe Bay West
$515,000 $208 4 bd / 2 ba 2,471 sqft , 2026-05-14
204 Blue Ground None
Horseshoe Bay West
$465,000 $190 3 bd / 5 ba 2,450 sqft , 2026-03-05
204 Mountain Home Rd
Horseshoe Bay West
$575,000 $291 3 bd / 2 ba 1,979 sqft , 2026-03-11

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
$2,443/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
$101,800
20% conventional investment loan

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

Estimated Gross Rent+$2,443
Principal + Interest−$2,778
Property Tax (~2.1% TX avg)−$891
Insurance (~0.5%)−$212
Est. Monthly Cash Flow $-1,438

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 · 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 August 12, 2026.

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