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$625,900

509 Short Circuit 203, Horseshoe Bay, TX, 78657

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths712 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$879.07 / 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 Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Lighting

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

Tucked away on a quiet cul-de-sac in Villas Del Lago, this fully furnished, move-in-ready WATERFRONT condo offers a relaxing retreat where life feels just a little slower. Imagine starting your morning with a cup of coffee on the balcony, surrounded by peaceful views ofLake LBJ and the gentle sound of the waterfall flowing into the pool below. Step inside to a refreshed space with beautiful vinyl flooring, fresh paint, tastefully remodeled bathrooms and high-end Bosch appliances that make your life even more enjoyable. Entertaining is a breeze with open living space, new energy efficient windows and large slider door to the balcony creates the perfect place to unwind with friends or simply sit back and enjoy the beauty of the lake. With 2 spacious bedrooms, 2 remodeled bathrooms and a large loft to use asa 3rd bedroom/flex room The Villas Del Lago is your dream getaway! AND...you are just steps away from the lake to Boat, fish or swim-Whether this becomes your full-time residence, private weekend retreat or investment property, the low-maintenance lifestyle means more time enjoying everything you came to the lake for. Villas Del Lago offers: Covered parking, day boat slips, a personal watercraft ramp and a beautiful pool with waterfall, making days on the water effortless. Horseshoe Bay Resort is just a short walk or golf-cart ride away, with golf, tennis, pickleball, marina activities, dining and year-round events. (Membership is required at Horseshoe Bay Resort club) LAKE LIFE AT IT'S FINEST!

Investor Tools

$467,106Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,755 /month
Positive
Cash Flow Estimate:
$1,252 /month

Interested in this property?

Charla Cormier

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
$355/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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