Listing provided courtesy of Horseshoe Bay Resort RealtyMLS# HLM177943MLS Provider
  • 46 days on site
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Waterfront Luxury & STR Opportunity in Hill Country Cove Experience the perfect balance of security, serenity, and income potential in this former Parade of Homes masterpiece. Located in the exclusive, gated community of Hill Country Cove, this estate offers the best of lake living: the peaceful, wake-free waters of a deep-water canal with the main body of the lake just a 2-minute boat ride away. This subdivision allows Short-Term Rentals (Airbnb/Vrbo), making it a premier asset for investors or a perfect family retreat. Inside, the living room boasts soaring wood-beamed ceilings and windows framing the pool. The chef’s kitchen features stainless KitchenAid appliances, granite counters, and custom cabinetry. Two sophisticated primary suites offer total privacy, each with patio access and spa-like baths. A third bedroom and an entryway study (easily a 4th bedroom) provide ample space for guests. The outdoor oasis is unmatched. Enjoy 87’ of waterfront with a stone retaining wall. The canal setting provides true peace of mind; kids and grandkids can swim or paddleboard in calm, glass-like water without the worry of fast boats or large wakes. The massive double-slip boathouse includes extensive toy storage and is crowned by a sprawling rooftop party deck with a deluxe 8-person spa—the ultimate spot for sunset soirées and stargazing. Whether looking for a family compound or a turnkey investment, life doesn’t get better than this.

Source: Highland Lakes MLS, MLS#: HLM177943

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  • Property Type
    Residential
  • Lot
    0.47 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 178 Sleepy Oaks Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/25/2026Source: Highland Lakes MLS Status Change
Pending-Taking Backups
5/14/2026Source: Highland Lakes MLS Added to Database
May 14, 2026