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$1,159,000

1104 The Cape RD 1, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,500 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$199.8 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1981
Stories2
Roof Type112
Garage Spaces2

Land Information

APN22600
SubdivisionCape West Townhomes
Land UseResidential
Legal DescriptionCAPE WEST TH HORSESHOE BAY 49010-1
Census Tract970402
Assessed Land Value$511,770
Assessed Improvement Value$310,780
Assessment Year2025

About this property

Priced to Sell! Great open water end unit townhome in the core area of Horseshoe Bay Resort. This townhome offers a large family room and bunk room with bathroom on the first floor and two more bedrooms with en suite bathrooms on the third floor. The master is extra large with gorgeous lake views. New boat lift and has been recently remodeled and updated. Being sold furnished with few exceptions. Short term rentals allowed.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,159,000
Estimated Property Value
$0Estimated Mortgage Balance
$757,157Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,954 /month
Positive
Cash Flow Estimate:
$2,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
$1,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,390
$822,550
2025
$511,770
$310,780
$822,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,390
$822,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Conventional
$457,000
No
First
Feb 20, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,843
$757,157
65%
35%
$2,740/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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1104 The Cape RD 1 | Property Details | No Agent List