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$449,000

NAL Estimated Property Value

606 Rio 102, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,140 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$227.98 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

Building Information

Year Built1983
Stories2
Roof Type112

Land Information

APN27942
SubdivisionDeer Creek Villas
Land UseResidential
Legal DescriptionDEER CREEK VILLAS HORSESHOE BAY 34020-2
Census Tract970402
Assessed Land Value$15,750
Assessed Improvement Value$335,650
Assessment Year2025

About this property

Beautifully updated town home with luxury vinyl flooring throughout. Kitchen with corian countertops and breakfast bar opens to spacious living area with brick, wood burning fireplace. Upstairs feature 2 large bedrooms with balcony off of the master. Great location with 5 star club and resort (membership required) and Lake LBJ right down the street! Located just minutes from Marble Falls shopping, restaurants, and night life, this town home is also within walking distance to all of the Horseshoe Bay Resort amenities

Investor Tools

Property Icon
$449,000
Estimated Property Value
$245,045Estimated Mortgage Balance
$203,955Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,876
$351,400
2025
$15,750
$335,650
$351,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,876
$351,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$268,850
No
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,045
$203,955
45%
55%
$1,612/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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606 Rio 102 | Property Details | No Agent List