Active Listing  ·  53 days on market

707 Broken Hls

Horseshoe Bay, TX 78657
$739,000
3 Bed 3 Bath 2,818 sqft $262/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 $262/sqft, this home is 46% below the Horseshoe Bay active market average of $481/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 $739,000
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 $262/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.

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
101 Belforte Blvd
Tuscan Village Horseshoe Bay
$734,000 $324 3 bd / 4 ba 2,266 sqft , 2026-06-03
1310 Cats Eye None
HORSESHOE BAY W
$749,000 $285 3 bd / 2 ba 2,626 sqft , 2026-07-05
1216 Hi Circle N None
Horseshoe Bay
$749,900 $341 3 bd / 2 ba 2,200 sqft , 2026-01-21
402 Lost Echo None #4
Lost Echo Bay
$725,000 $338 3 bd / 4 ba 2,146 sqft , 2026-03-09
1399 Hi Cir S
Horseshoe Bay Proper
$724,990 $280 3 bd / 3 ba 2,592 sqft , 2026-07-01

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
$3,547/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
$147,800
20% conventional investment loan

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

Estimated Gross Rent+$3,547
Principal + Interest−$4,033
Property Tax (~2.1% TX avg)−$1,293
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,087

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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