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$362,000

NAL Estimated Property Value

96 Island Drive 21, Horseshoe Bay, TX, 78657

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths816 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$231.62 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Convection Oven, Electric Oven, Washer/Dryer Stacked, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2007
Stories1
Roof Type115
Garage Spaces1

Land Information

APN63996
SubdivisionThe Waters At Horseshoe Bay Resort Condo
Land UseResidential
Legal DescriptionTHE WATERS AT HORSESHOE BAY RESORT CONDO PHASE II BLDG 6 UNIT 21 (35723)
Census Tract970402
Assessed Improvement Value$341,010
Assessment Year2025

About this property

TERRIFIC VIEWS of the sparkling swimming pool at this FURNISHED CORNER CONDO at The Waters. Ideal property for a vacation getaway or rental. Large windows allow for great views from inside. Patio doors are in both the living room and the bedroom to access the covered balcony--a relaxing place to sip your favorite beverage while enjoying the views. Open floor plan with living, dining and kitchen to make great use of the space. The kitchen features a breakfast bar, granite counters, stainless steel side-by-side refrigerator with ice/water, stainless steel electric range, built-in microwave, and stainless steel dishwasher. The bathroom features dual sinks with granite counters and a tub/shower combination. A stackable washer/dryer is in the condo. Prime location in the heart of Horseshoe Bay to enjoy Lake LBJ. Conveniently located to Horseshoe Bay Resort amenities, shopping and restaurants.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$119,448Estimated Mortgage Balance
$242,552Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$487/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,295
$303,250
2025
N/A
$341,010
$341,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,295
$303,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Unknown
$135,000
No
First
Jun 10, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,448
$242,552
67%
33%
$810/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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96 Island Drive 21 | Property Details | No Agent List