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$1,559,124

NAL Estimated Property Value

1103 The Cape RD 2, Horseshoe Bay, TX, 78657

$1,637,163 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,737 Sq Ft
price_per_sqft$535.19 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Refrigerator, Cooktop, Double Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Washer
FlooringStone, Wood

Exterior

Exterior FeaturesBoat Lift, Balcony, Dock

Building Information

Year Built1984
Stories2
Roof Type104
Garage Spaces2

Land Information

APN34152
SubdivisionEmerald Point
Land UseDuplex
Legal DescriptionEMERALD POINT HORSESHOE BAY LT 49035
Census Tract970402
Assessed Land Value$790,658
Assessed Improvement Value$1,045,272
Assessment Year2025

About this property

Fully furnished northeast-facing waterfront townhome just steps from the world-class amenities of Horseshoe Bay Resort with sweeping open water views of Lake LBJ and the iconic HSB Lighthouse. This move-in ready residence offers approximately 3,737 SF across three levels with 4 bedrooms, 4.5 baths, and exceptional outdoor living spaces including two covered patios, a swimming dock, private single-slip boat dock with lift, and two PWC lifts. The main level features an open-concept design with expansive picture windows, fireplace, wet bar, game area, dining space, and an island kitchen equipped with stainless steel appliances, Sub-Zero refrigerator, and Thermador double convection ovens. Upstairs, the spacious primary suite includes a fireplace, sitting area with wet bar, private patio access, walk-in closet, and spa-like bath with dual vanities, whirlpool tub, and separate walk-in shower. Two additional guest suites with private baths complete the upper level. The lower lake level includes a fourth bedroom currently configured as a bunk room with en-suite bath, walk-in closet, and direct access to the patio and boat slip. Furnishings and a 2012 Harris pontoon boat convey (see associated docs), offering a true turnkey opportunity for full-time living or an ideal lock-and-leave lake retreat.

Investor Tools

Property Icon
$1,559,124
Estimated Property Value
$466,273Estimated Mortgage Balance
$1,092,851Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,343/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,322
$1,559,124
2025
$790,658
$1,045,272
$1,835,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,322
$1,559,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$800,000
No
First
Jun 23, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,273
$1,092,851
70%
30%
$0/mo

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.

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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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1103 The Cape RD 2 | Property Details | No Agent List