Active Listing  ·  102 days on market

707 Broken Hls

Horseshoe Bay, TX 78657
$699,000
3 Bed 3 Bath 2,818 sqft $248/sqft Built 2023 0.24 acres 2-Car Garage Pool New Construction Horseshoe Bay West

Welcome to 707 Broken Hills Drive, a beautifully designed home in the heart of Horseshoe Bay, where modern Hill Country design meets elevated everyday living. This thoughtfully crafted residence offers 3 bedrooms, 3 bathrooms, and an open-concept layout filled with natural light, soaring ceilings, and refined contemporary finishes throughout.

The main living spaces seamlessly connect for both comfortable living and effortless entertaining. At the center of the home, the designer kitchen features a full suite of appliances, sleek pot filler, dramatic cabinetry, stylish open shelving, generous storage, and an oversized island that anchors the space with both function and style.

Expansive windows frame peaceful Hill Country views while warm wood tones and carefully curated finishes create a sophisticated yet inviting atmosphere. The second-floor balcony offers a private retreat to enjoy sweeping views, morning coffee, and stunning Texas sunsets.

Situated in the sought-after community of Horseshoe Bay, this home is just minutes from premier golf courses, resort amenities, dining, and the recreational lifestyle surrounding Lake LBJ. Combining modern elegance, quality construction, and scenic surroundings, 707 Broken Hills Drive offers a refined Hill Country lifestyle in one of the area’s most desirable communities.

At $248/sqft, this home is 46% 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

707 Broken Hls, Horseshoe Bay, TX 78657

Property Details

Price $699,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,818 sqft
Lot Size 0.24 acres (10,249.67 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $248/sqft
Days on Market ,
HOA $866.52/Annually
Annual Tax Est. $7,972.37
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT235749162
List Date June 12, 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.

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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 · June 12, 2026 $739,000
Current ask $699,000
Reduced $40,000 (-5.4%) 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
$749,000 $294 3 bd / 4 ba 2,544 sqft , 2026-06-18
1310 Cats Eye None
HORSESHOE BAY W
$749,000 $285 3 bd / 2 ba 2,626 sqft , 2026-07-05
101 Broken Hills None
Horseshoe Bay West
$779,000 $320 3 bd / 3 ba 2,432 sqft , 2026-08-13
306 Blue Ground None
Horseshoe Bay West
$799,000 $280 3 bd / 3 ba 2,853 sqft , 2026-09-21
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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 September 10, 2026.

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