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Keenan Group#1 Austin Board of Realtors Team 2024
28140 State Highway 71, photo 1 of 13, Horseshoe Bay, Horseshoe Bay, TX
Active

$2,850,000

3Beds
2Baths
1,064Sq Ft
49.50 acresLot

28140 State Highway 71, Horseshoe Bay, TX 78657

Horseshoe Bay·MLS# 5071488·Built 2023·233 days on market

3 bed, 2 bath, 1,064 sqft on 49.50 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $2,850,000. Llano ISD.

About This Home

49.5 acres of prime Hill Country opportunity located directly across from Horseshoe Bay Airport with over 1,000 feet of highly visible Hwy 71 frontage. Positioned just outside the city limits of Horseshoe Bay, this property offers exceptional potential for commercial use, development, or long-term investment in one of the fastest-growing corridors in the region. The land is wildlife-exempt, fully fenced, and has been thoughtfully cleared of underbrush to showcase numerous mature trees while maintaining usability.

Infrastructure is already in place with a strong 45 GPM water well, making this tract even more attractive for investors or developers. The location provides outstanding accessibility — approximately 8 minutes to Horseshoe Bay Resort, 11 minutes to Main Street in Marble Falls, 20 minutes to Kingsland, and about 1 hour to Austin-Bergstrom International Airport.

With major highway exposure, proximity to resort amenities, and strong regional growth, this property presents a rare chance to secure a versatile tract with both immediate and future upside. Ideal for investors seeking commercial, mixed-use, or development opportunities.

Call the listing agent for more information.

Property Type
Farm
Year Built
2023
Lot Size
49.50 acres
Price / Sq Ft
$2,679

Listing information last updated June 8, 2026.

Listed by Horseshoe Bay Living 2, LLC

MLS# 5071488 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 49.50-acre lot
Many Trees
Ideal for investors seeking commercial, mixed-use, or development opportunities
Call the listing agent for more information.

Facts & Features

0
Exterior & Lot

Lot Features

  • Many Trees

Fencing

  • Barbed Wire
  • Perimeter
Lot Size
49.50 Acres
Financial
Original List Price
$2,850,000
Price per Sq Ft
$2,679
Utilities
  • Electricity Connected
  • Water Connected
Water Source
See Remarks,Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 28140 State Highway 71, whoever represented it.

  1. ActiveListed 2026
    Current price: $2,850,000Original list: $2,850,000MLS 5071488
    1. Listed · February 25, 2026$2,850,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$2,850,000
Original list
$2,850,000
Price movement
No verified reduction
Listed / DOM
Feb 25, 2026 · 233 days
Map showing 28140 State Highway 71
28140 State Highway 71
Directions

Zoned Schools

Llano ISD

1 High School1 Middle School1 Elementary School

Llano

High SchoolGrades 9-12Zoned assignment

Llano

Middle SchoolGrades 6-8Zoned assignment

Llano

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$15,786

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($570K)

Adjustable assumption - not a lending recommendation.

$2,850,000

Loan: $2.3M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.

List price

$2,850,000

Price per sqft

$2,679/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

233 days

Original to current

No verified reduction

$2.9M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 28140 State Highway 71?

28140 State Highway 71 is listed at $2,850,000 with 3 bedrooms, 2 full bathrooms, 1,064 square feet, 49.50-acre lot. This places it above the ZIP 78657 single-family closed-sale median price of $735,000 (ZIP 78657 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 28140 State Highway 71 in?

28140 State Highway 71 is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.

What are the property details for 28140 State Highway 71?

28140 State Highway 71 is a Farm built in 2023 featuring 3 bedrooms, 2 full bathrooms, 1,064 square feet, 49.50-acre lot.

What are the property taxes for 28140 State Highway 71?

The most recent annual property tax for 28140 State Highway 71 is $526. 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.

How should a buyer estimate the monthly payment for 28140 State Highway 71?

This page does not assume a mortgage rate or publish a monthly payment for 28140 State Highway 71. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 28140 State Highway 71 compare with other homes in Horseshoe Bay?

As of Oct 15, 2026, 28140 State Highway 71 is offered at $2,850,000. The current MLS snapshot shows 138 active listings in 78657.

When was 28140 State Highway 71 built?

28140 State Highway 71 was built in 2023, making it 3 years old with relatively recent construction.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Horseshoe Bay

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 3:07:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 3:07:13 PM

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