
On one of Horseshoe Bay West’s most established and increasingly valuable streets, 204 Blue Ground offers a rare chance to renovate at a difficult-to-find $465,000 entry level price point. Known for its mature trees, established homes, strong full-time resident presence, and warm neighborhood feel, Blue Ground is rapidly evolving through new construction and the thoughtful renovation of existing homes. This 2,450-sq-ft, 3-bedroom, 5-bath home already has the bones buyers want: classic, contemporary Hill Country style, a dramatic great room with soaring ceilings and a large stone fireplace, a wet bar, and an open connection to the dining area and kitchen. The spacious primary suite includes wood floors, two closets, two full baths and direct access to a conditioned sunroom not included in the recorded square footage. Two guest bedrooms share a bath, while the upstairs flex space with full bath can serve as a study, studio, library, playroom, or overflow guest area. Mature trees shade the fully fenced backyard and patio, creating a peaceful setting ready for a buyer’s vision. A new main HVAC system was installed in July 2026. Short-term rentals are allowed. Upon application and acceptance, membership at The Club at Horseshoe Bay Resort provides access to golf, tennis, pickle ball, pools, fitness, dining, and other private amenities.
Property Type
Residential
Year Built
1983
Lot Size
0.23 acres
$/Sq Ft
$190
HOA
$795/mo
Garage
2 spaces
Listed by LPT Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
204 Blue Ground is listed at $465,000 with 3 bedrooms, 5 full bathrooms, 2,450 square feet, 0.23-acre lot.
204 Blue Ground is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
204 Blue Ground is a Residential built in 1983 featuring 3 bedrooms, 5 full bathrooms, 2,450 square feet, 0.23-acre lot.
204 Blue Ground is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 204 Blue Ground is $6,356. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.

Llano ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($93K)
$465,000
Luxury property intelligence
A sourced read on Horseshoe Bay West pricing, timing, and property scale. No automated valuation claim.
List price
$465,000
Price per sqft
$190/sqft
Vs. Horseshoe Bay West median
Not available
Days on market
149 days
Original to current
$100K reduction
$565K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($93,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 204 Blue Ground is around $2,942 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $465,000, 204 Blue Ground is in the Horseshoe Bay West market where there are currently 151 active listings in 78657.
204 Blue Ground was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
204 Blue Ground includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
204 Blue Ground is part of a managed community with HOA dues of $795 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
3 events on record
Current Price
$465,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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