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.
Directly across from Horseshoe Bay Airport, 28140 State Highway 71 E puts a 2023-built farm-mobile home on one of the most visible stretches of Highway 71 near Horseshoe Bay. For buyers looking at 28140 State Highway 71 E in Horseshoe Bay, TX 78657, the value starts with location: this is a $2.85 million property in Llano County with a 3-bedroom, 2-bath layout, 1,064 square feet, a 0.5-acre lot, and immediate access to the growth corridor that links Horseshoe Bay, Marble Falls, and the Highland Lakes.
What is it like to live here? It is fast, connected, and practical. Horseshoe Bay Resort is about 8 minutes away, Main Street in Marble Falls is roughly 11 minutes, Kingsland is about 20 minutes, and Austin-Bergstrom International Airport is around an hour by car. State Highway 71 gives you a direct route for daily errands, weekend lake time, restaurant runs, and airport travel. Being across from Horseshoe Bay Airport also adds a level of visibility that is unusual for a small residential footprint, which matters for buyers thinking about future use and long-term land positioning as much as the home itself.
The home is compact by luxury market standards, but the key metrics are clear. The asking price works out to $2,679 per square foot, which tells you this listing is being valued for more than indoor living area alone. The 2023 build year should appeal to buyers who want newer construction and less immediate maintenance than many older rural properties in this part of the Hill Country. With 19 days on market, it still reads as a property buyers are studying closely because it fits a narrower, more strategic use case than a standard subdivision home.
For families, the address is served by Llano ISD, with Llano listed for elementary, Llano listed for middle school, and Llano listed for high school. That school path matters here. In the Horseshoe Bay and Marble Falls area, district boundaries affect both lifestyle and resale, and Llano ISD gives buyers a clear answer on where students attend.
28140 State Highway 71 E is not a conventional luxury home play. It is a location-driven property with a newer residence, strong road access, and close reach to Horseshoe Bay Resort, Marble Falls, and the wider Austin market. As Highway 71 continues to pull more attention and investment through this corridor, this address has the kind of positioning that can support both lifestyle flexibility and future value.
The numbers behind this insight
- Offered at
- $2,850,000
- Listed
- February 25, 2026
- Asking price per sq ft
- $2,679
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
- 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
Facts & Features
Exterior & Lot
- Many Trees
- 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.
- ActiveListed 2026Current price: $2,850,000Original list: $2,850,000MLS 5071488
- 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.
- Current list
- $2,850,000
- Original list
- $2,850,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 25, 2026 · 233 days
Zoned Schools
Llano ISD
Llano
Llano
Llano
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.
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
Luxury property intelligence
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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