9
Map
$65,000
●
Land -
Off Market
700 Red Sails DR
Horseshoe Bay, TX 78657
Studio
0 Bath
$421
Est. Monthly
$29
HOA / Fees
About This Property
Prime building opportunity in the heart of Horseshoe Bay, one of
the Texas Hill Country's most sought-after resort communities on
Lake LBJ. This spacious corner homesite offers an exceptional
setting for your future custom home, vacation retreat, or full-time
residence. The lot features a gentle slope and partially cleared
terrain, making it ideal for building while still preserving the
natural beauty of the property.
Several beautiful mature live oak trees frame the boundaries, providing shade, character, and a classic Hill Country setting. The lot's positioning allows flexibility for home placement and outdoor living spaces while maintaining privacy and curb appeal.
Located just minutes from the renowned Horseshoe Bay Resort, residents enjoy convenient access to championship golf courses, resort pools, fine dining, spa amenities, tennis, and the marina on constant-level Lake LBJ. Whether you're planning a weekend getaway or a permanent Hill Country residence, this property offers the perfect blend of natural beauty, recreation, and lifestyle.
Build your dream home and experience the best of Hill Country living in Horseshoe Bay.
Several beautiful mature live oak trees frame the boundaries, providing shade, character, and a classic Hill Country setting. The lot's positioning allows flexibility for home placement and outdoor living spaces while maintaining privacy and curb appeal.
Located just minutes from the renowned Horseshoe Bay Resort, residents enjoy convenient access to championship golf courses, resort pools, fine dining, spa amenities, tennis, and the marina on constant-level Lake LBJ. Whether you're planning a weekend getaway or a permanent Hill Country residence, this property offers the perfect blend of natural beauty, recreation, and lifestyle.
Build your dream home and experience the best of Hill Country living in Horseshoe Bay.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$72
HOA Dues
$29
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Unlock MLS #ACT3632585)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Listed by Compass RE Texas, LLC | $65,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 18, 2024 | Delisted | - | |
| Delisted | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Austin Texas Homes, LLC | $59,000 | |
| Listed by Austin Texas Homes, LLC | |||
| | |||
|
Wonderful easy to build on corner lot. Build your dream home in this outstanding and upscale neighborhood. All utilities are underground. Reasonably enforced CCR's will allow your investment to appreciate over time and will make living very pleasant. Only a few short blocks to golf, lake access and the Horseshoe Bay resort makes this property a must for any home owner. Please see included map to insure you are on the correct property. Please do not trespass on any other property.
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About Horseshoe Bay
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Listed by: Robert Lane
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-05-31 07:05:38
Data Source: Unlock MLS, MLS# ACT3632585
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-05-31 07:05:38
Data Source: Unlock MLS, MLS# ACT3632585
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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