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$1,400,629

3218 Pack Saddle Dr, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,475 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$402.02 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock

Building Information

Year Built1970
Stories1
Roof Type112
Garage Spaces2

Land Information

APN24349
Lot Number266
SubdivisionBlue Lake Estates
Land UseResidential
Legal DescriptionBLUE LAKE ESTATES UNIT 4 LT 266
Census Tract970401
Assessed Land Value$1,096,869
Assessed Improvement Value$303,760
Assessment Year2025

About this property

Desirable Blue Lake neighborhood. Picturesque lake views enjoyed from open living area or master suite. Friends & family will enjoy the large game room w/ wet bar. Room to bunk several guests in the loft. Comes partially furnished. Covered deck spans length of home. Room to sunbathe/fish on the over-the-water deck. Boat house (1 stall) has storage for life vests & water toys. Recent improvements to exterior include all new hardiplank siding, new eaves, new paint job from top to bottom and a new roof.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,400,629
Estimated Property Value
$760,000Estimated Mortgage Balance
$736,573Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,404 /month
Positive
Cash Flow Estimate:
$2,801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,224/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,679
$1,400,629
2025
$1,096,869
$303,760
$1,400,629
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,679
$1,400,629

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$760,000
No
First
Dec 18, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$664,056
$853,944
56%
47%
$4,557/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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3218 Pack Saddle Dr | Property Details | No Agent List