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$629,000

509 Short Circuit 203, Horseshoe Bay, TX, 78657

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,154 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$545.06 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN17167
SubdivisionVillas Del Lago Condos
Land UseResidential
Legal DescriptionVILLAS DEL LAGO CONDO HORSESHOE BAY 203
Census Tract970402
Assessed Improvement Value$448,210
Assessment Year2025

About this property

Every detail has been meticulously upgraded, transforming this home into a modern sanctuary. You'll find new, energy-efficient windows, a brand-new slider back door that opens to stunning views, and elegant luxury vinyl flooring throughout. The interior has been refreshed with new paint and boasts a cozy fireplace, perfect for cooler evenings. The bathrooms have been tastefully remodeled with contemporary fixtures, and the kitchen is a chef's delight, equipped with a suite of high-end Bosch appliances and updated lighting. This condo offers more than just a beautiful home—it provides direct access to Lake LBJ with convenient day docks and jet ski ramps, making it effortless to get on the water. Its perfect location across the street from the Resort at Horseshoe Bay means you can easily walk or take a golf cart to the club, the marina, and a variety of dining and recreational options. Sold fully furnished, this property is an exceptional opportunity for a weekend getaway, a permanent residence, or a potential rental investment.(A membership is required to use the amenities at The Club at Horseshoe Bay.)

Investor Tools

Property Icon
$463,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Gay Wheeler

Horseshoe Bay Resort Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
$351/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,392
$448,210
2025
N/A
$448,210
$448,210
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,392
$448,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$487,500
No
First
Feb 22, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,106
N/A
0%
101%
$3,111/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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