Active Listing  ·  7 days on market

1399 Hi Cir S

Horseshoe Bay, TX 78657
$699,000
4 Bed 3 Bath 2,592 sqft $270/sqft Built 2025 0.23 acres 2-Car Garage Pool New Construction Horseshoe Bay Proper

Welcome to 1399 Hi Circle, a stunning new construction home tucked away in Horseshoe Bay Proper, backing to a protected green space for privacy and tranquility. From the kitchen window, you’ll enjoy a direct view of the Slick Rock Golf Course just across the street. Inside, thoughtful design and high-end finishes create the perfect blend of comfort and luxury. The open concept floor plan allows the spacious kitchen to flow seamlessly into the living room, anchored by a dramatic 72-inch electric fireplace. The gourmet kitchen features quartzite countertops, Frigidaire Gallery appliances, under-cabinet lighting, outlets built into cabinetry, and soft-close drawers. A flexible bonus room provides endless options, whether you need a home office, media room, or play space. The owner’s retreat is a true escape, highlighted by 8-foot sliding glass doors that open to the back patio, a spa-like walk-in shower, and access to the private patio. Efficiency meets elegance in the laundry and mudroom area, complete with built-in mudroom lockers, abundant cabinetry, and a dedicated sink. Built by a local, reputable custom builder, this home emphasizes quality and efficiency throughout. Notable features include a durable metal roof, complete spray foam insulation, sound-dampening insulation on all interior walls, 2x6 exterior construction, and Energy Star–qualified Andersen windows. Soft-close cabinetry, double ovens, and attention to detail set this home apart from others. With 3 large bedrooms, 3 full bathrooms, and a versatile bonus room / study WHICH CAN EASILY be modified into a FOURTH BEDROOM, this home offers a thoughtful balance of design, comfort, and functionality. Not all new homes are built alike—this one showcases craftsmanship and details you’ll appreciate the moment you step inside.

At $270/sqft, this home is 43% below the Horseshoe Bay active market average of $477/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1399 Hi Cir S, Horseshoe Bay, TX 78657

Property Details

Price $699,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,592 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay Proper
County Llano
Zip Code 78657
$/sqft $270/sqft
Days on Market ,
HOA $341/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT251862748
List Date November 5, 2026
Elementary School Llano
Middle School Llano
High School Llano
School District Llano ISD

Llano ISD

Llano · Llano · Llano

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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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
1216 Hi Circle N None
Horseshoe Bay
$749,900 $341 3 bd / 2 ba 2,200 sqft , 2026-01-21
100 Encantada None
Escondido
$750,000 $254 4 bd / 5 ba 2,950 sqft , 2026-10-03
100 Semi Cir
Horseshoe Bay Proper
$592,410 $182 5 bd / 4 ba 3,255 sqft , 2026-03-26
515 Sun Ray None
Horseshoe Bay West
$549,000 $268 3 bd / 2 ba 2,050 sqft , 2026-08-23
604 Hi Circle South Dr
Horseshoe Bay Proper
$849,900 $312 3 bd / 3 ba 2,726 sqft , 2026-06-18

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 (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (assumed ~2.1%)−$1,223
Insurance (assumed ~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 · 41 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. The written content was last updated on November 6, 2026.

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

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