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$594,000

104 Cove 203, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,150 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$160.78 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Oven, Free-Standing Range, Refrigerator, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dock

Building Information

Year Built1976
Stories1
Garage Spaces1

Land Information

APN17172
SubdivisionThe Sundowner Condo
Land UseCondominiums
Legal DescriptionTHE SUNDOWNER CONDO UNIT 203 HORSESHOE BAY 15046
Census Tract970402
Assessed Land Value$180,670
Assessed Improvement Value$412,700
Assessment Year2025

About this property

The Sundowner features 17 units that are being separated into individual condos. Amenities include grill, lakeside pool, & recently renovated day docks. Great spot on Lake LBJ, on open water. Unit is 2BD/2BA with office, laundry room & open living area. Covered balcony has lake view. Please note: Sewer, Water, Trash and Cable are included in the monthly HOA fee. Seller will put $8000 in a roofing fund as each unit is sold. Don't wait! These units are going fast!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$594,000
Estimated Property Value
$0Estimated Mortgage Balance
$468,614Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
$306/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,020
$565,776
2025
$180,670
$412,700
$593,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,020
$565,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$136,790
No
First
Dec 13, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,386
$468,614
78%
21%
$821/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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104 Cove 203 | Property Details | No Agent List