Last 24 Hours
$1,500,000
NAL Estimated Property ValueFM2147 FM 2147, Horseshoe Bay, TX, 78657
Off Market
About this property
Incredible developer investment opportunity located in the coveted lakeside community of Horseshoe Bay, Texas! This parcel is just over5.8 acres in size with 682 feet of highway frontage and zoned as R4 allowing for up to 24 Multi Family residences. The parcel faces duenorth with beautiful lake views overlooking Lake LBJ and the Horseshoe Bay resort. Membership to Horseshoe Bay can be acquired fora separate fee. Club amenities include 4 championship golf courses, yacht club, golf club, state of the art golf academy, 18 hole realgreen putting course, Tennis/Pickle Ball facilities, multiple restaurants, spa & fitness facilities, and private airport.
Investor Tools
$1,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$2,049/month
5.947%
12.4%