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$361,000

NAL Estimated Property Value

200 Free Rein Unit 10, Horseshoe Bay, TX, 78657

SoldInfo
7/31/26
Beds2 Beds
Baths3 Bath
Baths1,177 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$310.11 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Electric Range, Disposal, Microwave, Refrigerator, Washer
FlooringTile

Exterior

Exterior FeaturesSee Remarks

Building Information

Year Built1980
Stories2
Roof Type112
Garage Spaces1

Land Information

APN33024
SubdivisionCenter Court Townhouses
Land UseResidential
Legal DescriptionCENTER COURT TH HORSESHOE BAY 28011-10 PHASE II
Census Tract970402
Assessed Land Value$6,500
Assessed Improvement Value$288,580
Assessment Year2025

About this property

Elegance arrives in an intimate package at this thoughtfully curated townhome nestled within the sought-after community of Horseshoe Bay. Inspired by the charm of the French countryside, this meticulously updated 2-bedroom, 2.5-bathroom residence offers a refined living experience that belies its modest footprint. The unit backs to a tranquil greenbelt with pond views, providing a serene natural backdrop that enhances everyday living. A short stroll leads to a picturesque waterfall and putting green, while Lake LBJ water access via Quail Point is just minutes away — placing the best of Hill Country lake life well within reach. Inside, no detail has been overlooked. A comprehensive renovation delivers luxury finishes throughout, including new granite countertops, updated bathroom vanities, and designer tile work. New flooring and fresh interior paint create a bright, cohesive aesthetic, while the newly appointed back deck extend sthe living space into a private, landscaped outdoor retreat — equally suited for morning coffee or evening entertaining. Professionally landscaped front and rear complete the exterior presentation. The HOA monthly maintenance fee conveniently covers sewer, trash, and water, making this an exceptionally low-maintenance offering. Positioned just steps from the renowned Horseshoe Bay Resort, this property represents an outstanding opportunity for refined, affordable living in one of the Texas Hill Country's most desirable lakeside communities.

Investor Tools

Property Icon
$361,000
Estimated Property Value
$240,198Estimated Mortgage Balance
$121,081Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,575
$295,080
2025
$6,500
$288,580
$295,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,575
$295,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$250,000
No
First
Mar 30, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,198
$174,802
42%
67%
$1,579/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.

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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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200 Free Rein Unit 10 | Property Details | No Agent List