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$693,000

NAL Estimated Property Value

1000 The Cape 55, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,216 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$533.72 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer/Dryer Stacked
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock

Building Information

Year Built2006
Stories1
Garage Spaces1

Land Information

APN57622
SubdivisionThe Waters At Horseshoe Bay Resort Condo
Land UseCondominiums
Legal DescriptionTHE WATERS AT HORSESHOE BAY RESORT CONDO PHASE I BLDG 3 UNIT 55 (R55267)
Census Tract970402
Assessed Improvement Value$591,140
Assessment Year2025

About this property

Come enjoy the easy-going lake life in one of Horseshoe Bay’s newest condominium complexes. This gorgeous 5th floor Lake LBJ waterfront condo, located in building #3 of The Waters at Horseshoe Bay, is without a doubt in the optimum position to enjoy panoramic views of Lake LBJ and picture-perfect Hill Country sunsets. The thoughtfully designed floor plan features an open living area, 10-foot ceilings, custom cabinets, stainless appliances, Silestone kitchen counters, dine-in breakfast bar, recessed lighting, oversized lakefront balcony and much more. You will be delighted with the spacious lakeside master suite that is complete with balcony access, large master bath with his and her sinks and relaxing soaking tub. This property is ideally located in the heart of Horseshoe Bay, which is within walking distance to most Horseshoe Bay Resort amenities including the Yacht Club, marina, and fitness center. The Waters condo amenities include a lakeside boardwalk with grills, day docks, beautifully designed swimming pool, private storage for water toys and assigned covered parking. This unit is being sold fully furnished with very few exceptions. This is the perfect "no worries" lock & leave vacation home with great rental potential. Short term vacation rentals are allowed. You won’t want to miss this one!

Investor Tools

Property Icon
$693,000
Estimated Property Value
$199,071Estimated Mortgage Balance
$493,929Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
$526/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,155
$591,140
2025
N/A
$591,140
$591,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,155
$591,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ctx Mortgage Co Llc
Arm (Adjustable Rate Mortgage)
$347,425
No
First
Feb 13, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,071
$493,929
71%
29%
$2,110/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Horseshoe Bay

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1000 The Cape 55 | Property Details | No Agent List