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$628,000

105 Island Court, Horseshoe Bay, TX, 78657

$816,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$483.75 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1977
Stories2
Roof Type112

Land Information

APN35771
SubdivisionHale Makani Townhouses
Land UseCondominiums
Legal DescriptionHALE MAKANI TH HORSESHOE BAY 33003-D
Census Tract970402
Assessed Land Value$316,380
Assessed Improvement Value$181,120
Assessment Year2025

About this property

May 2025 Buyer Incentive Program: Links Level Developer Paid Initiation Fees, valued at $40,000! (subject to Membership Committee approval). 105 Island Ct. is a stunning new residence nestled on Applehead Island. This masterfully designed home showcases hardwood floors, designer fixtures, and high-end appliances that cater to the most discerning homeowner.

Investor Tools

Property Icon
$628,000
Estimated Property Value
$0Estimated Mortgage Balance
$428,757Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,340 /month
Positive
Cash Flow Estimate:
$3,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,655
$497,500
2025
$316,380
$181,120
$497,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,655
$497,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Patricia Gleitz Whitney
Seller Carryback / Seller Financing / Seller Take-Back
$230,000
No
First
Jul 25, 2019
Aug 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,243
$428,757
68%
32%
$1,379/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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105 Island Court | Property Details | No Agent List