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$3,298,000

5320 FM 2147 DR NE, Horseshoe Bay, TX, 78657

$4,287,400 ARVInfo
Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths6,525 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$336.4 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 6Bathrooms 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue, Boat Slip, Dock
Lot Size1,573 sqft

Building Information

Year Built1996
Garage Spaces3

Land Information

APN20657
Lot Number1,L
SubdivisionJonathan Cove
Land UseResidential
Legal DescriptionS5226 JONATHAN COVE LOT L-1, COVE 3, PLAT 37.10
Census Tract960801
Assessed Land Value$812,610
Assessed Improvement Value$1,724,613
Assessment Year2025

About this property

Stunning curved staircase in the foyer. Open living space w/ series of picture windows, allowing one of the best views of Lake LBJ to shine through. 77 foot upper deck w/ motorized shades & outdoor kitchen w/ built in Jenn-Air grill. First floor has 2nd living, full kit., game room & access to covered porch and lakeside living spaces. Two stall boat house built into home. This beautiful home was built for entertaining large groups and you just can't beat its position on Lake LBJ.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$3,298,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,527,249Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$4,287,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,788 /month
Positive
Cash Flow Estimate:
$6,596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,449/month
$266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$48,902
$2,537,223
2025
$812,610
$1,724,613
$2,537,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$48,902
$2,537,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National Bank Of Texas
Conventional
$2,100,000
No
First
Aug 15, 2018
Aug 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,770,751
$1,527,249
46%
54%
$12,591/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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5320 FM 2147 DR NE | Property Details | No Agent List