
204 Blue Ground, Horseshoe Bay TX 78657
MLS #239215287 · LPT Realty, LLC · Janis Busse
About this home
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 details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1983
- Full baths
- 5
- Lot size
- 82x118x85x120
- Subdivision
- Horseshoe Bay West
- MLS area
- LL
- MLS #
- 239215287
Features
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
Exterior features
- Private Yard
Additional details
- Parking
- Attached, Garage Door Opener
- Garage spaces
- 2
- Roof
- Tile
- Foundation
- Slab
- HOA
- $795 / annually
- Annual tax
- $6,356
Location
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Schools
Assigned schools per the MLS.
- School district
- Llano ISD
- Elementary
- Llano
- Middle
- Llano
- High
- Llano
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Getting around
- Downtown Austin
- 43.3 mi
- Austin-Bergstrom Airport
- 49.6 mi
Straight-line distance, not drive time.
Market insights
Compared with 305 active homes in ZIP 78657 · HomeLocating listings
At $465,000, this home is priced 39% below the $759,000 median across 305 active homes in ZIP 78657.
Estimated monthly payment
Home price
$465,000
Down payment
20% ($93,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of LPT Realty, LLC · Janis Busse
Listing data last updated Oct 2, 2026, 11:46 PM
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