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$510,000 Just Listed
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Property Description
This charming 3-bedroom, 2-bath home is ideally situated in the heart of Horseshoe Bay, just a short walk from the renowned Horseshoe Bay Resort amenities. Whether you're looking for a full-time residence, a convenient lock-and-leave getaway, or an investment property, this home offers exceptional versatility. Its prime location also makes it an excellent opportunity for short-term rental potential. Set on an oversized lot, the property provides added privacy and plenty of space to build a pool or create your own outdoor retreat. The 2 car garage plus a golf cart garage makes storing your toys easy. Furnishings and decor are available for purchase separately, making this home move-in ready with designer furnishings. Professional photos coming soon.
Full Property Details
Full Property Details for 500 Free Rein
General
- Price: $510,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 178614
- Updated: 7/4/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Dining Room, Kitchen, Laundry, Living Room, Utility Room Inside, Main Level Master Bdrm
- Interior Features: High Ceilings, Crown Molding, Granite Counters, Recessed Lighting, Vaulted Ceilings, No Steps to Entry
- Fireplace: Yes
- Fireplace(s): One, One
- Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Range, Refrigerator, Washer, Washer Hookup
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Rain Gutters, Sprinkler System
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 2 Car Attached Garage, Golf Cart Storage
Location
- County: Llano
- Subdivision: Horseshoe Bay P
- Driving Directions: From FM 2147 turn onto Village Parkway. Turn left onto Free Rein. First home on the right.
School Information
- High School District: Llano
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding, Stone, Stucco
- Foundation: Slab
- Roof: Tile
- Stories/Levels: 1
- Square Feet: 2,026
- Sq. Ft. Source: County Records
- Living Area: 2,026 Sq. Ft.
- Year Built: 1996
Unit Information
- Residential Units: 1
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 15,928
- Lot Dimensions: 63 x 212 x 91 x 200
- Frontage: Paved Road
- Fence: Yes
- Topography: Cleared Land
- Fencing (Description): Wrought Iron
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s)
Financial Considerations
- Price Per Sq. Ft.: $251.73
Disclosures and Reports
- Legal Description: HORSESHOE BAY LT 28029-B
- Property ID: 34184
Listed by Cook Residential RE, Stacy Alexander
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Schools
Schools serving 500 Free Rein
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Packsaddle Elementary School 150 Pioneer Lane, Kingsland, TX 78639 | PK-5 | 8.9 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 22.8 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 23.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Free Rein
Date
Details
Price
Change
Source
7/04/2026
Listed
$510,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 Free Rein
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,303
-59%
$431,430
—
2024
$5,686
1%
$431,430
5%
2023
$5,602
-17%
$410,870
9%
2022
$6,777
34%
$378,510
18%
2020
$5,060
—
$319,490
2%
2020
$5,060
-3%
$314,280
2%
2019
$5,229
-11%
$309,200
-9%
2018
$5,880
—
$339,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Free Rein
500 Free Rein, Horseshoe Bay, TX 78657 (MLS# 178614) is a Single Family property with 3 bedrooms and 2 full bathrooms. 500 Free Rein is currently listed for $510,000 and was received on July 04, 2026. Want to learn more about 500 Free Rein? Do you have questions about finding other Single Family real estate for sale in Horseshoe Bay? You can browse all Horseshoe Bay real estate or contact a Coldwell Banker agent to request more information.

