$871,000
NAL Estimated Property Value118 Pecan Creek Dr, Horseshoe Bay, TX, 78657
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesMicrowave, Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Boat Slip
Building Information
Year Built2015
Roof Type115
Garage Spaces4
Land Information
APN38928
Lot NumberC
SubdivisionOak Ridge Estates
Land UseResidential
Legal DescriptionOAK RIDGE ESTATES UNIT 6 LT C
Census Tract970402
Assessed Land Value$193,330
Assessed Improvement Value$652,990
Assessment Year2025
About this property
WATERFRONT NEW CONSTRUCTION, sighted on a quiet channel, Lake LBJ open water is seconds away. Across from LCRA property, the natural setting offers tranquility. ICF construction, steel trusses, energy efficient windows and doors, make the home incredibly economical. The patio above the boathouse extends your living space into the beautiful outdoor setting. The owner suite is a luxurious retreat. Downstairs, waterside, a transitional space opens to the outdoors with stackable, oversized doors.Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$871,000
Estimated Property Value
$138,517Estimated Mortgage Balance
$732,483Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,226 /month
Positive
Cash Flow Estimate:
$1,742 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,478
$846,320
2025
$193,330
$652,990
$846,320
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,478
$846,320
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Credit Line (Revolving) / Heloc
$150,000
No
First
Apr 12, 2022
Apr 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,517
$802,483
85%
16%
$900/mo
