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$162,000

2205 5th St, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,292 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$42.49 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size4,901 sqft

Building Information

Year Built1997

Land Information

APN21294
Lot NumberK3049
SubdivisionHorseshoe Bay South
Land UseResidential
Legal DescriptionS5221 HORSESHOE BAY SOUTH LOT K3049, PLAT K3*** HUD# RAD0979812 HUD# RAD0979812
Census Tract960801
Assessed Land Value$16,000
Assessed Improvement Value$84,297
Assessment Year2025

About this property

Cozy 3/2 home situated around nice shady trees. It backs up to a private ranch and is currently the only home on the street so no immediate neighbors! Inside the kitchen has ample storage and great prep island. All appliances convey including fridge, washer & dryer! The master bedroom has room for a king bed & master bath has large garden tub, double vanities, and a separate shower. This home makes a starter home or rental. It'll be hard to find a better deal on a move-in ready home! Located within MFISD.Restrictions: Yes

Investor Tools

Property Icon
$162,000
Estimated Property Value
$110,000Estimated Mortgage Balance
$60,421Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$588
$100,297
2025
$16,000
$84,297
$100,297
No

Tax History

Year
Tax Paid
Assessed Value
2024
$588
$100,297

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
2205 5th St Llc
Open End Mortgage / Open End With Future Advance Clause
$110,000
No
First
Apr 29, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,765
$60,235
37%
63%
$660/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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2205 5th St | Property Details | No Agent List