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Days99Days on Market
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$1,080,000

$1,200,000

1001 The Cape 24, Horseshoe Bay, TX, 78657

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,602 Sq Ft
price_per_sqft$674.16 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCeramic Tile, Vinyl

Building Information

Year Built2006
Stories1
Roof Type112
Garage Spaces1

Land Information

APN57631
SubdivisionThe Waters At Horseshoe Bay Resort Condo
Land UseCondominiums
Legal DescriptionTHE WATERS AT HORSESHOE BAY RESORT CONDO PHASE I BLDG 4 UNIT 24 (R55267)
Census Tract970402
Assessed Improvement Value$924,217
Assessment Year2025

About this property

Lakefront living at The Waters at Horseshoe Bay Resort in this fully furnished 3-bedroom, 2-bath second-floor condo overlooking constant-level Lake LBJ. The open floorplan features a spacious living area and a granite-counter kitchen with breakfast bar. Large windows and French doors fill the home with natural light and lead to a private covered balcony with lake views. The primary suite offers balcony access, while two additional bedrooms provide space for guests, a home office, or additional sleeping accommodations. This lock-and-leave condo includes elevator access, covered assigned parking, and low-maintenance ownership, making it ideal as a weekend getaway, full-time residence, or short-term rental investment. Recent updates include new luxury vinyl flooring, a new A/C system and hot water heater (approximately 1 year old). Community amenities include a lakeside boardwalk, resort-style pool, outdoor kitchen and grilling areas, fishing docks, and additional storage for water gear, offering a true Lake LBJ lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$990,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,480 /month
Positive
Cash Flow Estimate:
$2,160 /month

Interested in this property?

Inaky Strick

Kuper Sotheby's Int'l Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
$725/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,933
$924,217
2025
N/A
$924,217
$924,217
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,933
$924,217

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$990,000
100%
0%
$0/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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