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$650,000

806 Fallow, Horseshoe Bay, TX, 78657

On MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,697 Sq Ft
price_per_sqft$241.01 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Microwave, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size10,354 sqft

Building Information

Year Built1990
Stories2
Roof Type112
Garage Spaces2

Land Information

APN19627
Lot Number24023
SubdivisionHorseshoe Bay Proper
Land UseResidential
Legal DescriptionHORSESHOE BAY LT 24023
Census Tract970402
Assessed Land Value$92,400
Assessed Improvement Value$454,570
Assessment Year2025

About this property

North-facing panoramic Lake LBJ and Hill Country views set the stage for an extraordinary transformation at 806 Fallow. Perched on one of Horseshoe Bay’s highest elevations, the home enjoys a near-constant breeze and a desirable orientation without direct western exposure. The expansive horizon captures ever-changing sunset skies as color washes across the clouds: soft pastels to dramatic technicolor displays reflect in the water and cast across the surrounding hills. This hilltop setting is steadily being elevated as more properties are remodeled, expanded and reimagined, while nearby larger residences demonstrate the potential for luxury investment. Inside, vaulted living-room ceilings invite a wall of oversized glass to frame the breathtaking view, while the primary suite could become a true luxury retreat with expansive new windows and two distinct en-suite baths, a feature often found in today’s high-end homes. The existing layout offers generous main-level living, additional bedrooms and flexible space below, plus a sloping yard with room for a resort-style outdoor setting, including a pool. Comfortable today and compelling at its $650,000 offering, 806 Fallow presents a rare opportunity to reimagine, enlarge and personalize a home with the potential to become one of the hilltop’s standout million-dollar-plus residences. Upon application and acceptance, membership in The Club at Horseshoe Bay Resort provides access to golf, tennis, pickleball, pools, fitness, dining and other private amenities.

Investor Tools

$0Estimated Mortgage Balance
$767,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,602 /month
Positive
Cash Flow Estimate:
$1,534 /month

Interested in this property?

Janis Busse

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$321/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,169
$508,071
2025
$92,400
$454,570
$546,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,169
$508,071

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/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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