Active Listing  ·  28 days on market

715 Fawn None

Horseshoe Bay, TX 78657
$775,000
4 Bed 4 Bath 3,168 sqft $245/sqft Built 1991 0.22 acres 2-Car Garage Pool Horseshoe Bay Proper

Rare find! 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 private showing today before this property is gone!

At $245/sqft, this home is 49% 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

715 Fawn None, Horseshoe Bay, TX 78657

Property Details

Price $775,000
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 $245/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 →

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
402 Lost Echo None #8
Lost Echo Bay
$785,000 $366 3 bd / 4 ba 2,146 sqft , 2026-03-12
1216 Hi Circle N None
Horseshoe Bay
$749,900 $341 3 bd / 2 ba 2,200 sqft , 2026-01-21
1310 Cats Eye None
HORSESHOE BAY W
$749,000 $285 3 bd / 2 ba 2,626 sqft , 2026-07-05
707 Broken Hls
Horseshoe Bay West
$739,000 $262 3 bd / 3 ba 2,818 sqft , 2026-06-12
101 Belforte Blvd
Tuscan Village Horseshoe Bay
$734,000 $324 3 bd / 4 ba 2,266 sqft , 2026-06-03

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
$3,720/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
$155,000
20% conventional investment loan

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

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (~2.1% TX avg)−$1,356
Insurance (~0.5%)−$323
Est. Monthly Cash Flow $-2,188

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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