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$370,000

NAL Estimated Property Value

406 Great Western ST, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds3 Beds
Baths1,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.37 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size15,168 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN22917
Lot NumberK14005A
SubdivisionHorseshoe Bay
Land UseResidential
Legal DescriptionS5220 HORSESHOE BAY LOT K14005A PLAT 14.2, SOUTH
Census Tract960801
Assessed Land Value$32,000
Assessed Improvement Value$289,422
Assessment Year2025

About this property

Great property in Horseshoe Bay. Backs to a large ranch, so you don't have neighbors behind you. Lot is extra big, which gives room between your neighbors. Priced to sell, so don't miss out on this great opportunity in very sought after Horseshoe Bay. STR are allowed.

Investor Tools

Property Icon
$370,000
Estimated Property Value
$205,467Estimated Mortgage Balance
$164,533Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,109
$321,422
2025
$32,000
$289,422
$321,422
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,109
$321,422

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Conventional
$225,000
No
First
Oct 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,467
$164,533
44%
56%
$1,349/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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406 Great Western ST | Property Details | No Agent List