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$251,000

NAL Estimated Property Value

1209 Hi Stirrup 115, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,495 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$100.33 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1974
Stories2
Roof Type115
Garage Spaces1

Land Information

APN28269
SubdivisionTimber Ridge Condos
Land UseResidential
Legal DescriptionTIMBER RIDGE CONDO HORSESHOE BAY BLDG 115C
Census Tract970402
Assessed Land Value$7,810
Assessed Improvement Value$229,980
Assessment Year2025

About this property

GREAT BUY for a Horseshoe Bay condo with 3 bedrooms, 2.5 baths, a loft, a roof top deck overlooking Slick Rock Golf Course practice facility, and a 1-car garage that is one block from Slick Rock Golf Course in Horseshoe Bay, TX. Refrigerator is included. In 2018 the exterior of all units were replaced with Hardie board siding and trim boards and were painted. The interior of the condo could benefit from an update...an opportunity to design it as you like! Close to restaurants, shopping, hiking and golf courses.

Investor Tools

Property Icon
$251,000
Estimated Property Value
$187,405Estimated Mortgage Balance
$63,595Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
$736/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$938
$219,676
2025
$7,810
$229,980
$237,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$938
$219,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Stand Alone First / Home Equity First Lien
$199,000
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,405
$63,595
25%
75%
$1,194/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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1209 Hi Stirrup 115 | Property Details | No Agent List