Active Listing  ·  14 days on market

322 Spider Valley Dr

Horseshoe Bay, TX 78657
$1,169,000
3 Bed 3 Bath 3,208 sqft $364/sqft Built 2026 0.23 acres 3-Car Garage Pool New Construction Horseshoe Bay West

Experience luxury Hill Country living in this stunning Rivera new construction home in Horseshoe Bay, TX. Situated on a spacious homesite with scenic balcony views, this 3,208-square-foot home is just a short golf cart ride to world-class golf and the Cap Rock Club(membership required). The thoughtfully designed floor plan features 3 bedrooms, each with a private en suite bath, a dedicated office, and an oversized 3-car garage. Soaring 20-foot ceilings and an open-concept layout create a bright, inviting space centered around a gourmet kitchen, perfect for everyday living and entertaining. Enjoy seamless indoor-outdoor living with a spacious covered patio and fully equipped outdoor kitchen, ideal for relaxing or hosting guests. Whether you're looking for a full-time residence or weekend retreat, this exceptional home offers the best of the Horseshoe Bay lifestyle, just over an hour from Austin and 90 minutes from San Antonio.

At $364/sqft, this home is 24% 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

322 Spider Valley Dr, Horseshoe Bay, TX 78657

Property Details

Price $1,169,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 3,208 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horseshoe Bay West
County Llano
Zip Code 78657
$/sqft $364/sqft
Days on Market ,
HOA $867/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242575050
List Date October 29, 2026
Elementary School Packsaddle
Middle School Llano
High School Llano
School District Llano ISD

Llano ISD

Packsaddle · 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
1504 Desert Sun None
Horseshoe Bay West
$1,150,000 $307 3 bd / 4 ba 3,742 sqft , 2026-09-18
2900 Bay West Blvd
Applehead West
$1,199,000 $424 3 bd / 3 ba 2,831 sqft , 2026-05-24
118 Brandywine None
Applehead West
$1,199,000 $351 3 bd / 4 ba 3,414 sqft , 2026-07-24
3504 Bay West Blvd
Applehead West
$1,234,000 $437 3 bd / 4 ba 2,822 sqft , 2026-09-09
129 Florentine None
Applehead West
$1,100,000 $268 4 bd / 4 ba 4,112 sqft , 2026-09-21

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
$5,611/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
$233,800
20% conventional investment loan

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

Estimated Gross Rent+$5,611
Principal + Interest−$6,380
Property Tax (assumed ~2.1%)−$2,046
Insurance (assumed ~0.5%)−$487
Est. Monthly Cash Flow $-3,302

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 3, 2026.

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

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