Active Listing  ·  77 days on market

715 Fawn None

Horseshoe Bay, TX 78657
$699,000
4 Bed 4 Bath 3,168 sqft $221/sqft Built 1991 0.22 acres 2-Car Garage Pool Horseshoe Bay Proper

**$70,000 PRICE REDUCTION!!** Beautifully remodeled high-elevation home with panoramic Hill Country views and over $200,000 in upgrades, including premium finishes, custom cabinetry, and designer fixtures. Low 1.3% tax rate! The floor plan centers around an EXPANSIVE open-concept living, dining, and kitchen space that seamlessly extends to an oversized deck, creating exceptional indoor-outdoor living with breathtaking views. The chef's kitchen showcases custom white oak cabinetry, Taj Mahal quartz backsplash and countertops with waterfall edges, premium appliances, and abundant storage and counter space. The primary suite is a private retreat with direct deck access, a luxurious ensuite bath with walk-in shower, and a generous-sized walk-in closet. A large guest suite also enjoys deck access and its own ensuite bath, while the second bedroom is conveniently located adjacent to the primary, making it ideal as an office or nursery. The second primary suite is privately situated near the front entrance, separate from the other bedrooms, and features its own ensuite bath with a walk-in shower and two walk-in closets, making it ideal for guests or multigenerational living. The expansive deck is perfect for entertaining or relaxing and includes a covered section ideal for outdoor dining. Enjoy low maintenance and peace of mind with both HVAC systems recently replaced and a durable cement shingle roof. Located in an established Horseshoe Bay neighborhood just minutes from golf, the marina, dining, and other resort amenities, this home offers an exceptional combination of views, location, and lifestyle. Upon application and acceptance, enjoy membership to Horseshoe Bay Resort, offering world-class golf, racket sports, dining, and multiple resort-style pools in uniquely beautiful settings. Two adjacent lots totaling 0.44 acres may be included in the sale with the right offer. Schedule your showing today!

At $221/sqft, this home is 52% 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

715 Fawn None, Horseshoe Bay, TX 78657

Property Details

Price $699,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,168 sqft
Lot Size 0.22 acres (9,696.46 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay Proper
County Llano
Zip Code 78657
$/sqft $221/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,762.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237466900
List Date July 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 →

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 · July 7, 2026 $799,000
Previous ask $729,000
Current ask $699,000
Reduced $100,000 (-12.5%) 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
1399 Hi Cir S
Horseshoe Bay Proper
$699,990 $270 3 bd / 3 ba 2,592 sqft , 2026-07-01
413 Silver Spur
Horseshoe Bay Proper
$599,900 $249 3 bd / 3 ba 2,407 sqft , 2026-06-11
1321 Prospect Cir
Horseshoe Bay Proper
$599,500 $285 3 bd / 2 ba 2,103 sqft , 2026-08-17
100 Semi Cir
Horseshoe Bay Proper
$592,410 $182 5 bd / 4 ba 3,255 sqft , 2026-03-26
501 Sombrero None
Horseshoe Bay Proper
$828,900 $352 3 bd / 4 ba 2,356 sqft , 2026-03-26

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 August 18, 2026.

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