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$1,043,000

103 Island Dr # 8, Horseshoe Bay, TX, 78657

$1,225,849 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,170 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$225.76 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Oven, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip, Dock

Building Information

Year Built1975
Stories2
Roof Type112

Land Information

APN14659
SubdivisionPortofino Condo
Land UseResidential
Legal DescriptionPORTOFINO CONDO HORSESHOE BAY UNIT 108 OF 33002
Census Tract970402
Assessed Land Value$267,690
Assessed Improvement Value$303,340
Assessment Year2025

About this property

FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,043,000
Estimated Property Value
$369,250Estimated Mortgage Balance
$714,280Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,225,849
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,258 /month
Positive
Cash Flow Estimate:
$2,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$1,913/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,048
$571,030
2025
$267,690
$303,340
$571,030
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,048
$571,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$369,250
No
First
Sep 21, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,720
$714,280
68%
32%
$2,214/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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103 Island Dr # 8 | Property Details | No Agent List