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ActiveMLS #3007493

301 Circle DR, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 · Channel Oaks

Single Family Residence for sale in Channel Oaks

4Bedrooms
5 full / 1 halfBathrooms
5,022Square Ft
3.40Acres
3Garage
2005Year Built
1 / 31
$1,399,000

Overview

Property Description

Perched high above Lake Marble Falls on 3.397 acres including two additional lots, this Hill Country estate delivers the kind of panoramic lake and hilltop views that simply cannot be replicated. From nearly every room, floor-to-ceiling windows and wraparound balconies frame an ever-changing canvas of water, sky, and rolling terrain - a backdrop that makes everyday living feel like a permanent retreat. Spanning three levels and over 5,000 square feet, the residence is designed for both grand entertaining and genuine comfort. The main level owner's suite is a true sanctuary, complete with a fireplace, dramatic lake-view windows, and direct balcony access. The spa-inspired bath features a curved walk-in mosaic tile shower, dual vanities, and a soaking tub positioned beneath arched windows framing the treetops. The well-appointed kitchen offers double ovens, a gas range, wine refrigerator, and generous prep space across two islands. Multiple living and dining areas flow seamlessly to covered terraces where the infinity-edge pool and spa take center stage against an unobstructed lake panorama. A curved turret room with wraparound lake views serves as an ideal home office, reading retreat, or stargazing perch - one of the most distinctive spaces in the Hill Country. The lower level is built for entertaining: a sprawling game room with pool table, arcade games, air hockey, and a full wet bar opens directly to the pool and spa. A private theater room and dedicated study with built-in bookshelves round out the level, alongside guest quarters with two bedrooms and four full baths. Three-car garage with workshop space included. Minutes from Horseshoe Bay Resort and four of Central Texas' finest golf courses, with Boat Ramp 1 onto Lake LBJ just seven minutes away. Easy access to waterfront dining, wine country, Marble Falls, and the broader Highland Lakes corridor. A rare legacy property priced at $1,399,000.

Financial Info
Price
$1,399,000
$ / Sqft
$279
HOA
Yes - Mandatory / $125 / Annually
HOA Name
HOA - Channel Oaks
HOA Includes
Common Area Maintenance
Tax Rate
1.22%
Est. Taxes
$20,044
Tax Year
2025
Exemptions
None
Legal Info
Address
301 Circle DR
County
Burnet
City
Horseshoe Bay
State
TX
Zip
78657
Subdivision
Channel Oaks
Legal Description
S3630 CHANNEL OAKS LOT 160A, SEC 2
Parcel
9530
Interior Features
Floor
Carpet, Concrete, Tile
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Pantry
Appliances
Dishwasher, Dryer, Ice Maker, Microwave, Double Oven, Free-Standing Gas Range, Refrigerator, Warming Drawer, Washer
Laundry
Laundry Room, Main Level
Master Bed
Walk-In Closet(s)
Master Main
Yes
Fireplaces
2
Fireplace Description
Living Room, Primary Bedroom, See Through
Interior Features
Breakfast Bar, Ceiling Fan(s), Coffered Ceiling(s), Pantry, Recessed Lighting, Walk-In Closet(s), Wet Bar, Security System, Smoke Detector(s), Window Treatments
General Info
Beds
4 Total / 3 Main Level / 1 Other Level
Full / Half Baths
5 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
3
Year Built
2005 / Resale
Square Feet
5,022 / Public Records
Garages
3
Garage Desc
Attached, Garage
Foundation
Slab
Roof
Spanish Tile
Construction
Stucco
Acres
3.40
Lot Description
Few Trees, Sprinkler - Automatic
Restrictions
City Restrictions
Flood Plain
No
View
Hill Country, Lake, Panoramic
Water Access
No
Waterfront
No
Area
BU
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Underground Utilities, Water Connected
Heat
Electric
A C
Ceiling Fan(s), Electric
Exterior Features
Fence
None
Exterior Features
Balcony, Gutters Full, Covered, Patio, Terrace
Pool On Property
Yes
Area Amenities
See Remarks

Price history

Days on market
$1,399,000
List price
0
Price reductions
Active
Since Aug 6, 2026
Property history1 event
DateEventPriceChange
Aug 6, 2026New Listing

Taxes

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

Schools

School Info
District
Marble Falls ISD
Elementary
Marble Falls
Middle
Marble Falls
High
Marble Falls

Maps

Financing

Your preferences

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

Saved on this device

List price $1,399,000
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

$9,910 / mo

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

Estimated monthly payment $9,910

Principal & interest
$7,074
Property taxes
$1,670
Homeowners insurance
$1,166

*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$1,119,200$12,510$72,380$1,106,690
2$1,106,690$13,347$71,542$1,093,343
3$1,093,343$14,241$70,648$1,079,102
4$1,079,102$15,195$69,694$1,063,907
5$1,063,907$16,213$68,677$1,047,694
6$1,047,694$17,298$67,591$1,030,396
7$1,030,396$18,457$66,432$1,011,939
8$1,011,939$19,693$65,196$992,246
9$992,246$21,012$63,877$971,234
10$971,234$22,419$62,470$948,814
  • Year 1$1,106,690
    Principal paid
    $12,510
    Interest paid
    $72,380
    Starting balance
    $1,119,200
  • Year 2$1,093,343
    Principal paid
    $13,347
    Interest paid
    $71,542
    Starting balance
    $1,106,690
  • Year 3$1,079,102
    Principal paid
    $14,241
    Interest paid
    $70,648
    Starting balance
    $1,093,343
  • Year 4$1,063,907
    Principal paid
    $15,195
    Interest paid
    $69,694
    Starting balance
    $1,079,102
  • Year 5$1,047,694
    Principal paid
    $16,213
    Interest paid
    $68,677
    Starting balance
    $1,063,907
  • Year 6$1,030,396
    Principal paid
    $17,298
    Interest paid
    $67,591
    Starting balance
    $1,047,694
  • Year 7$1,011,939
    Principal paid
    $18,457
    Interest paid
    $66,432
    Starting balance
    $1,030,396
  • Year 8$992,246
    Principal paid
    $19,693
    Interest paid
    $65,196
    Starting balance
    $1,011,939
  • Year 9$971,234
    Principal paid
    $21,012
    Interest paid
    $63,877
    Starting balance
    $992,246
  • Year 10$948,814
    Principal paid
    $22,419
    Interest paid
    $62,470
    Starting balance
    $971,234
First 10 of 30 years

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Courtesy of Realty of America, LLC · (512) 788-9495

Listings courtesy of ACTRIS as distributed by MLS GRID.