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$5,200,000

3700 Pack Saddle Dr, Horseshoe Bay, TX, 78657

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,268.29 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Ice Maker, Double Oven, Propane Cooktop, Washer/Dryer, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue, Boat Slip, Uncovered Courtyard, Lighting, Outdoor Grill, Private Yard

Building Information

Year Built1999
Stories2
Roof Type112
Garage Spaces4

Land Information

APN19575
Lot Number279
SubdivisionBlue Lake Estates
Land UseResidential
Legal DescriptionBLUE LAKE ESTATES UNIT 5 LT 279
Census Tract970401
Assessed Land Value$1,855,790
Assessed Improvement Value$922,500
Assessment Year2025

About this property

An Unrivaled Waterfront Legacy Estate on Lake LBJ! Welcome to 3700 Pack Saddle Drive, a rare, turnkey sanctuary in the exclusive Blue Lake Estates. Comprehensively renovated in 2024, this 4,100 sq. ft. architectural gem perfectly captures the spirit of the Texas Hill Country. Inside, a dramatic wall of windows frames panoramic open-water views from the expansive living and dining spaces. The home boasts a brand-new chef's kitchen with premium appliances, quarter-sawn wood floors, and four spacious bedroom suites, each featuring private en-suite baths. The resort-style exterior is an entertainer's dream, offering an outdoor kitchen, a refreshing pool, and expansive manicured lawns leading to a premier two-slip boat dock. A beautifully landscaped courtyard connects the home to a detached multi-car garage, complete with a golf cart bay, workshop, and safe room. Located in the closest community on the lake to Austin and San Antonio, you are just a golf cart ride away from a pristine 9-hole golf course and private parks. Offered fully furnished, including the boat, the ultimate lakefront lifestyle awaits.

Investor Tools

Property Icon
$2,778,290
Estimated Property Value
$2,869,234Estimated Mortgage Balance
$218,828Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$31,200 /month
Positive
Cash Flow Estimate:
$10,400 /month

Interested in this property?

Eric Carvajal

The Carvajal Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,427/month
$466/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,233
$2,778,290
2025
$1,855,790
$922,500
$2,778,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,233
$2,778,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kenneth Ferguson Etal
Purchase Money Mortgage
$2,869,234
No
First
Oct 15, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,559,462
$218,828
7%
92%
$17,203/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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3700 Pack Saddle Dr | Property Details | No Agent List