Active Listing  ·  163 days on market

98 Wennmohs Pl

Horseshoe Bay, TX 78657
$3,400,000
4 Bed 5 Bath 4,497 sqft $756/sqft Built 2025 0.64 acres 3-Car Garage Pool Waterfront New Construction Horseshoe Bay West

Luxury Waterfront Living— Protected Water & Seconds to Open Lake: Set on one of Horseshoe Bay’s most desirable waterfront streets, 98 Wennmohs Place offers high-end design, exceptional functionality and remarkable value in a neighborhood defined by luxury homes. Immediately next to and directly across the channel from prestigious Applehead Island, the setting feels private, established and distinctly upscale on a quiet dead-end street with minimal traffic. Timeless architecture and refined finishes create an elegant yet comfortable interior, with expansive windows, warm wood floors, sophisticated cabinetry, statement lighting and thoughtfully selected stone and tile. Beautiful staging, including select digitally staged spaces, highlights the home’s flexible layout for everyday living, entertaining, game space and guest accommodations. The open kitchen and living areas are designed for gathering, featuring generous workspace, extensive cabinetry, a large island, butler’s pantry, beverage and serving areas, and seamless access to covered outdoor living. The primary suite offers abundant natural light and a spa-inspired bath, while secondary bedrooms and flexible upstairs spaces comfortably accommodate family and guests. Outside, a covered patio, pool and elevated waterfront deck create multiple levels for relaxing and entertaining. A substantial covered boathouse provides direct Lake LBJ access, literally seconds from open water. The protected channel setting offers another important advantage. Multiple nearby water inlets promote circulation through the lagoon system, while the home remains removed from direct main-lake wake traffic—providing a quieter waterfront experience with less pounding on the bulkhead. With its protected waterfront, immediate open-water access, pool, boathouse, sophisticated interiors and premier Applehead West location, 98 Wennmohs Place delivers the Lake LBJ lifestyle luxury buyers want at an increasingly difficult-to-find value.

At $756/sqft, this home is priced 64% above the Horseshoe Bay active market average of $462/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

98 Wennmohs Pl, Horseshoe Bay, TX 78657

Property Details

Price $3,400,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,497 sqft
Lot Size 0.64 acres (27,878.4 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $756/sqft
Days on Market ,
HOA $850/Annually
Annual Tax Est. $8,866
Pool Yes
Waterfront Yes
New Construction Yes
MLS # ACT226140495
List Date April 13, 2026
Elementary School Llano
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 · April 13, 2026 $3,550,000
Previous ask $3,500,000
Current ask $3,400,000
Reduced $150,000 (-4.2%) 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
2807 Fault Line Dr
Horseshoe Bay West
$3,495,000 $881 4 bd / 4 ba 3,966 sqft , 2026-04-16
113 Wennmohs Pl
Horseshoe Bay West
$2,775,000 $862 4 bd / 4 ba 3,218 sqft , 2026-07-30
3012 Driftwood Ln
Horseshoe Bay West
$2,299,000 $728 4 bd / 4 ba 3,158 sqft , 2026-03-01

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
$16,320/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
$680,000
20% conventional investment loan

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

Estimated Gross Rent+$16,320
Principal + Interest−$18,555
Property Tax (~2.1% TX avg)−$5,950
Insurance (~0.5%)−$1,417
Est. Monthly Cash Flow $-9,602

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 8, 2026.

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