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ActiveMLS #1952282

204 Blue Ground, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 · Horseshoe Bay West

Single Family Residence for sale in Horseshoe Bay West

3Bedrooms
5Bathrooms
2,450Square Ft
0.23Acres
2Garage
1983Year Built
Price Reduced
1 / 27
$465,000$565,000
3D tour

Overview

Property Description

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.

Financial Info
Price
$465,000
$ / Sqft
$190
HOA
Yes - Mandatory / $795 / Annually
HOA Name
Horseshoe Bay West Property Owners Association
HOA Includes
Common Area Maintenance
Tax Rate
1.3383%
Est. Taxes
$6,356
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
204 Blue Ground
County
Llano
City
Horseshoe Bay
State
TX
Zip
78657
Subdivision
Horseshoe Bay West
Legal Description
Horseshoe Bay West Lt W1047
Parcel
107250W010470
Interior Features
Floor
Tile, Vinyl
Num Living
1
Dining
1
Appliances
Dishwasher, Disposal, Microwave, Range
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
High Ceilings, Vaulted Ceiling(s), In-Law Floorplan, Interior Steps, Primary Bedroom on Main, Study/Home Office, Walk-In Closet(s), Wet Bar, Smoke Detector(s), Window Treatments
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
5 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1983 / Resale
Square Feet
2,450 / Public Records
Garages
2
Garage Desc
Attached, Garage Door Opener
Foundation
Slab
Roof
Tile
Construction
Frame, Masonry – Partial, Stone
Acres
0.23
Lot Description
Cul-De-Sac, Near Golf Course, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Trees-Large (Over 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
LL
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Wrought Iron
Exterior Features
Private Yard, Porch
Pool On Property
No
Area Amenities
Golf, Lake

Price history

Members only
Days on market
−$100,000 (−17.7%)
$565,000 → $465,000
2
Price reductions
Active
Since Mar 5, 2026
Price trend
List priceMar 2026Jun 2026
Property history3 events
DateEventPriceChange
Jun 28, 2026Price Decrease$465,000−$10,000 (−2.1%)
Mar 28, 2026Price Decrease$475,000−$90,000 (−15.9%)
Mar 5, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Llano ISD
Elementary
Llano
Middle
Llano
High
Llano

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $465,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,269 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,269

Principal & interest
$2,351
Property taxes
$530
Homeowners insurance
$388

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$372,000$4,158$24,058$367,842
2$367,842$4,436$23,779$363,406
3$363,406$4,734$23,482$358,672
4$358,672$5,051$23,165$353,622
5$353,622$5,389$22,827$348,233
6$348,233$5,750$22,466$342,483
7$342,483$6,135$22,081$336,348
8$336,348$6,546$21,670$329,803
9$329,803$6,984$21,232$322,819
10$322,819$7,452$20,764$315,367
  • Year 1$367,842
    Principal paid
    $4,158
    Interest paid
    $24,058
    Starting balance
    $372,000
  • Year 2$363,406
    Principal paid
    $4,436
    Interest paid
    $23,779
    Starting balance
    $367,842
  • Year 3$358,672
    Principal paid
    $4,734
    Interest paid
    $23,482
    Starting balance
    $363,406
  • Year 4$353,622
    Principal paid
    $5,051
    Interest paid
    $23,165
    Starting balance
    $358,672
  • Year 5$348,233
    Principal paid
    $5,389
    Interest paid
    $22,827
    Starting balance
    $353,622
  • Year 6$342,483
    Principal paid
    $5,750
    Interest paid
    $22,466
    Starting balance
    $348,233
  • Year 7$336,348
    Principal paid
    $6,135
    Interest paid
    $22,081
    Starting balance
    $342,483
  • Year 8$329,803
    Principal paid
    $6,546
    Interest paid
    $21,670
    Starting balance
    $336,348
  • Year 9$322,819
    Principal paid
    $6,984
    Interest paid
    $21,232
    Starting balance
    $329,803
  • Year 10$315,367
    Principal paid
    $7,452
    Interest paid
    $20,764
    Starting balance
    $322,819
First 10 of 30 years

Nearby

Courtesy of LPT Realty, LLC · (877) 366-2213

Listings courtesy of ACTRIS as distributed by MLS GRID.