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$438,000

507 Mountain Dr, Horseshoe Bay, TX, 78657

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.22 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Oven, Electric Oven
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Entrance, Private Yard
Lot Size11,326 sqft

Building Information

Year Built1985
Stories1
Roof Type112
Garage Spaces1

Land Information

APN30430
Lot Number331
SubdivisionDeer Haven
Land UseResidential
Legal DescriptionDEER HAVEN UNIT 3 LT 331
Census Tract970401
Assessed Land Value$21,880
Assessed Improvement Value$284,060
Assessment Year2025

About this property

GORGEOUS LAKE LBJ VIEWS IN HIGHLY DESIREABLE DEER HAVEN. REMODELED. METICULOUSLY MAINTAINED. MOVE IN READY! As you pull up to the property you see the adorable 1600 sqft "A Frame" wood and stone home perched high on the lot taking in the Incredible Lake and Hill Country views and overlooking the lush treed areas across the street, providing unobstructed views. The included adjoining .26 ac lot also creates a beautiful buffer and privacy and provides a multitude of wildlife and scenery. As you approach the driveway that accommodates more than 6 vehicles plus a golf cart you feel right at home. Upon entering you are greeted by a huge screened in porch that provides multiple areas for entertaining al fresco or simply enjoying the constant breeze and beautiful views while playing cards, reading a book, or visiting. This single level 3 bedroom, 2 bath home has been completely remodeled with smooth ceilings, all carpeted areas replaced with top level engineered wood flooring (can be refinished), granite counters in the kitchen, a pass through/open area/breakfast bar with granite created in the kitchen to the large living area, Anderson windows installed in 2023, new light fixtures, bathroom counters are quartz, new cabinets and drawers and brushed nickel hardware in primary bathroom as well as a completely remodeled shower. In addition to remodel there were also updates w/ paint inside and out, new stainless dishwasher to match other stainless appliances and a new roof! This home is open and flows beautifully with the tall vaulted ceiling in the family room that is centered by the 3-sided stone fireplace with split bedrooms that offer large rooms and huge closets! The laundry is in a designated laundry area in the oversized single garage with doors leading out to the private fenced backyard and side driveway areas and additional lot. Deer Haven has a community boat ramp for lake access, park, picnic pavilion, community pool and 4 new pickle ball courts! Come see!

Investor Tools

$126,355Estimated Mortgage Balance
$317,911Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,664 /month
Positive
Cash Flow Estimate:
$888 /month

Interested in this property?

Lesli Akers

Keller Williams - Lake Travis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,243
$305,940
2025
$21,880
$284,060
$305,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,243
$305,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citybank
Conventional
$144,000
No
First
Feb 11, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,355
$317,645
71%
28%
$864/mo

City: Horseshoe Bay

507 Mountain Dr | Property Details | No Agent List