
$542,310
NAL Estimated Property Value1100 The Cape RD 602, Horseshoe Bay, TX, 78657
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About this property
Fantastic opportunity to invest in a waterfront condo that offers short term rentals on Lake LBJ in the world class resort of Horseshoe Bay in the heart of Central Texas! Unit 602 at Cape Terrace is located just steps from the resort amenities and offers fully furnished accommodations in a single level condo. With panoramic lake views and lovely upgrades, it would be hard to find another two bedroom condo that beats this! Enjoy waterfront views from every inch of the spacious living area. Better yet - start and end your day on the fabulous covered back porch that overlooks the water and Horseshoe Bay Resort Marina. Exclusive day docks are located right below the back deck of this unit, making it much easier to load the boat and take off for a great day on the lake. Whether you're looking for an investment property or a weekend getaway, this gated community of Horseshoe Bay is truly special. Just a short walk from the Yacht Club, Marina, Spa, Hotel and great dining - not to mention the ONLY floating pool in North America! This unit has been listed on VRBO and is consistently rented out, so be sure to make a trip out of your visit here!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Horseshoe Bay
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