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$3,354,000

NAL Estimated Property Value

509 Lighthouse Dr, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,450 Sq Ft
price_per_sqft$786.29 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Ice Maker, Microwave, Electric Oven, Double Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Electric Water Heater
FlooringCarpet, Stone, Wood

Exterior

Exterior FeaturesDock, Balcony, Boat Slip, Dog Run, Gas Grill, Rain Gutters, Lighting, Outdoor Grill
Lot Size8,054 sqft

Building Information

Year Built1996
Stories2
Roof Type112
Garage Spaces3

Land Information

APN38723
Lot Number158,311
SubdivisionHorseshoe Bay Proper
Land UseResidential
Legal DescriptionHORSESHOE BAY LT 31103 & 158 SFT OF LT 31102
Census Tract970402
Assessed Land Value$1,492,695
Assessed Improvement Value$1,510,047
Assessment Year2025

About this property

LOCATION LOCATION LOCATION! OPEN WATER ON LAKE LBJ on Iconic Lighthouse Drive. This 5 Bdrm, 5.5 Bath stately home w/ a rare 3 car garage and parking for up to 11 cars is ideally positioned with North/South exposure. Beautiful open water views from the iron double front doors and massive open water views and direct access to the lake from the back of the house / boat dock-deck. Almost every room in this re-imagined and newly renovated home has a view of Lake LBJ. This home features wide plank engineered hand-scraped wood floors throughout most of the house as well as stone in wet areas and closets, and luxury vinyl flooring in the bunk room and 1bd/1ba boat house casita. The primary suite features 2 ensuite bathrooms and separate closets and a newly renovated shower. There is a large study off of the entrance and another bonus room off the kitchen & powder room- perfect as another office, hobby room or overflow room for guests. Both bathrooms upstairs have also been renovated with porcelain and quartz. The spacious game room up with wet bar and balcony overlooking lake is shared by two Bdrms / Baths and a bunkroom. There is a newly added turfed area as the side yard, perfect for dogs and ease of cleaning. The outdoor kitchen is off the ovrsz deck is perfect for gatherings, or just enjoying the rays, views, and sunsets. There are 2 hydraulic jet skii lifts and single boat lift. This home is perfect as a full time residence, family lake house, and/or a great STR investment opportunity. Come See!

Investor Tools

Property Icon
$3,354,000
Estimated Property Value
$1,323,670Estimated Mortgage Balance
$2,030,330Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,994 /month
Positive
Cash Flow Estimate:
$6,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,733/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,027
$3,002,742
2025
$1,492,695
$1,510,047
$3,002,742
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,027
$3,002,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Open End Mortgage / Open End With Future Advance Clause
$1,475,000
No
First
Jan 28, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,323,670
$2,076,330
61%
39%
$8,844/mo

City: Horseshoe Bay

509 Lighthouse Dr | Property Details | No Agent List