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$599,000

NAL Estimated Property Value

101 Cove W 105, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,390 Sq Ft
price_per_sqft$395.68 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator, Stainless Steel Appliance(s)
FlooringWood

Exterior

Exterior FeaturesBalcony, Lighting

Building Information

Year Built1977
Stories2
Roof Type115
Garage Spaces1

Land Information

APN42608
SubdivisionCove West Condo No 1
Land UseResidential
Legal DescriptionCOVE WEST CONDO NO 1 HORSESHOE BAY UNIT 105 A
Census Tract970402
Assessed Land Value$12,000
Assessed Improvement Value$268,360
Assessment Year2025

About this property

Indulge in the epitome of easy living with this exquisite 3-bedroom, 2-bathroom condominium nestled in the heart of Horseshoe Bay. Boasting a unique loft space, this residence offers an additional living area or guest retreat, elevating the possibilities of comfort and accommodation. The kitchen greets you with sleek stainless steel appliances and a charming breakfast area, setting the scene for delightful mornings and culinary adventures. Step into the Living Room and be captivated by the ambiance created by a cozy fireplace, complemented by high-beamed ceilings that amplify the sense of space and flooded with an abundance of natural light, creating an inviting atmosphere for relaxation and entertainment. The primary bedroom is ideally situated away from all guestrooms, presenting a serene sanctuary for restful nights and tranquil moments. Unwind with views of the lake and stunning sunsets from the covered porch or balcony, transforming ordinary moments into extraordinary experiences. An array of amenities is offered by the vibrant community, where resort-style living awaits with access to esteemed golf courses, lake privileges, and an array of shopping and dining options. Furthermore, seize the exceptional investment potential with the enticing opportunity for short-term rentals, making this residence a lucrative prospect for discerning investors. You don't want to miss this hidden gem!

Investor Tools

Property Icon
$599,000
Estimated Property Value
$0Estimated Mortgage Balance
$599,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,496
$280,360
2025
$12,000
$268,360
$280,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,496
$280,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$599,000
100%
0%
$0/mo

City: Horseshoe Bay

101 Cove W 105 | Property Details | No Agent List