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.
For sale
Price cut: $10K (6/27)
$465,000
204 Blue Ground, Horseshoe Bay, TX 78657
3beds
2,450sqft
Single Family Residence, Residential
Built in 1983
10,018 Square Feet Lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
Large stone fireplaceWood floorsWet barTwo closetsMature treesPeaceful settingSpacious primary suite
- 187 days
- 297
- 17
Zillow last checked:
Listing updated:
Listed by:
Jan Busse 512-755-3889,
LPT Realty, LLC,
Roy Busse 512-755-3850,
LPT Realty, LLC
Source: HLMLS as distributed by MLS GRID,MLS#: 176726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Great Room, Kitchen, Laundry, Living Room, Loft, Utility Room Inside, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Cooktop, Wall Oven
Features
- Pantry, Split Bedroom, No Steps to Entry
- Flooring: Carpet, Hard Tile
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Attached Garage, Side Entry
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed
- Fencing: Wrought Iron
- Has view: Yes
- View description: Hill Country
- Waterfront features: No
Lot
- Size: 10,018 Square Feet
- Dimensions: 20ft x 50ft
Details
- Parcel number: 041571
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Stone
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 1983
Utilities & green energy
Green energy
- Energy efficient items: Ceiling Fan(s)
Community & HOA
Community
- Subdivision: Horseshoe Bay W
HOA
- Amenities included: Clubhouse
Location
- Region: Horseshoe Bay
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $474,960
- Date on market: 3/2/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $465,000-2.1%$190/sqft |
Source: | ||
| 3/28/2026 | Price change | $475,000-15.9%$194/sqft |
Source: | ||
| 3/2/2026 | Listed for sale | $565,000+61.4%$231/sqft |
Source: | ||
| 1/8/2020 | Listing removed | $350,000$143/sqft |
Source: All City Real Estate #149719 Report a problem | ||
| 9/27/2019 | Listed for sale | $350,000$143/sqft |
Source: All City Real Estate #149719 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $474,960 +8.3% |
| 2024 | -- | $438,418 +10% |
| 2023 | -- | $398,562 +10% |
| 2022 | -- | $362,329 +10% |
| 2021 | -- | $329,390 +6.8% |
| 2020 | -- | $308,290 +3.3% |
| 2019 | -- | $298,428 +11% |
| 2018 | -- | $268,880 +60.9% |
| 2017 | -- | $167,100 +4.5% |
| 2016 | -- | $159,960 +1.1% |
| 2015 | -- | $158,160 |
| 2014 | -- | $158,160 |
| 2013 | -- | $158,160 -0.3% |
| 2012 | -- | $158,560 -6.5% |
| 2011 | -- | $169,530 -2.1% |
| 2010 | -- | $173,230 +6.5% |
| 2009 | -- | $162,700 |
| 2008 | -- | $162,700 |
Find assessor info on the county website
Monthly payment
Est. payment








