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$627,000

NAL Estimated Property Value

101 Island DR D, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,174 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$595.4 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer Stacked, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Boat Slip

Building Information

Year Built1984
Stories1
Roof Type112
Garage Spaces1

Land Information

APN33949
SubdivisionIsland Village Condos Horseshoe Bay
Land UseResidential
Legal DescriptionISLAND VILLAGE CONDO HORSESHOE BAY 33001-D
Census Tract970402
Assessed Land Value$314,780
Assessed Improvement Value$240,150
Assessment Year2025

About this property

Open Water Lake LBJ views await in this first floor Horseshoe Bay condo with no steps required! Recently updated, this 2 bedroom 2 bathroom first floor unit boasts an open floor plan offering stunning eastern lake views the moment you enter. You’ll immediately appreciate the fully remodeled kitchen (2024) with gleaming quartz counters, updated appliances and custom Shaker cabinetry by Mike Gardner Construction. The large living room with a cozy fireplace extend the lake life through all 4 seasons! The front primary bedroom is quite large with ample storage, and an en suite bathroom with dual sinks. The oversized rear primary bedroom has those killer waterfront views, an en suite bath, and access to the back patio. Elegant travertine tile, updated lighting and all appliances and furnishings will convey. On the back patio, enjoy your morning coffee as you enjoy an occasional blue heron fly by. Walk down to the fishing pier and throw in a line. Leave your boat tethered at the complex’s day dock as you come and go boating for the day. Don’t forget to unwind as you take a dip in the community swimming pool, reserved for just the complex’s few owners and guests. And finally, park your Seadoo in the ramp reserved just for you. You’ll also have your own single car garage! Island Village is a quiet, secluded, gated condominium complex that is a very short jaunt to the Horseshoe Bay Resort. This luxurious home celebrates the lock and leave lifestyle right in the middle of all the action in Horseshoe Bay, TX!

Investor Tools

Property Icon
$627,000
Estimated Property Value
$545,585Estimated Mortgage Balance
$81,415Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
$5,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,962
$554,930
2025
$314,780
$240,150
$554,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,962
$554,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Conventional
$551,200
No
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,585
$81,415
12%
87%
$3,305/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.

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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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101 Island DR D | Property Details | No Agent List