$1,649,510
NAL Estimated Property Value602 Red Sails, Horseshoe Bay, TX, 78657
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size24,468 sqft
Building Information
Year Built2000
Stories2
Roof Type112
Garage Spaces2
Land Information
APN29813
Lot Number25005-A
SubdivisionHorseshoe Bay Proper
Land UseResidential
Legal DescriptionHORSESHOE BAY LT 25005-A & 0.020 AC FILL AREA
Census Tract970402
Assessed Land Value$1,219,542
Assessed Improvement Value$429,968
Assessment Year2025
About this property
ALL REASONABLE OFFERS WILL BE CONSIDERED. Lake LBJ Living room w/ views, wet bar, wood beamed ceiling, fireplace AND RECENT UPDATES. Stainless kitchen w/ center-island, granite counters, & pantry. Dining area w/ views. Master w/ sitting area, 2 walk-in closets, lake views, & en-suite bath w/ stand-alone shower, soaking tub, & dbl vanities. Two guest rooms w/ baths & deck access. Outdoor living - SUNSET VIEWS, stone fire pit, various patio areas, boat house w/lift & storage, & 110 ft. waterfront!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$1,649,510
Estimated Property Value
$904,111Estimated Mortgage Balance
$747,446Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,897 /month
Positive
Cash Flow Estimate:
$3,299 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,421/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,804
$1,649,510
2025
$1,219,542
$429,968
$1,649,510
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,804
$1,649,510
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Arm (Adjustable Rate Mortgage)
$1,060,000
No
First
Dec 12, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$904,111
$745,399
45%
55%
$6,356/mo
