$496,500

1100 the Cape Rd Unit 602 Horseshoe Bay, TX 78657

Estimated payment $3,468/month

Total Views 6,325
2 Beds
1.5 Baths
837 Sq Ft
$593 Price per Sq Ft

Highlights

  • Lake Front
  • Panoramic View
  • Open Floorplan
  • Boat Dock
  • Gated Community
  • Lake Privileges

About This Home

Fantastic opportunity to invest in a waterfront condo that offers short term rentals on Lake LBJ in the world class resort of Horseshoe Bay in the heart of Central Texas! Unit 602 at Cape Terrace is located just steps from the resort amenities and offers fully furnished accommodations in a single level condo. With panoramic lake views and lovely upgrades, it would be hard to find another two bedroom condo that beats this! Enjoy waterfront views from every inch of the spacious living area. Better yet - start and end your day on the fabulous covered back porch that overlooks the water and Horseshoe Bay Resort Marina. Exclusive day docks are located right below the back deck of this unit, making it much easier to load the boat and take off for a great day on the lake. Whether you're looking for an investment property or a weekend getaway, this gated community of Horseshoe Bay is truly special. Just a short walk from the Yacht Club, Marina, Spa, Hotel and great dining - not to mention the ONLY floating pool in North America! This unit has been listed on VRBO and is consistently rented out, so be sure to make a trip out of your visit here!

Listing Agent

Kristen Lookabaugh-Ribera

My Texas Home Broker Brokerage Phone: (830) 201-4049 License #0687060 Listed on: 01/08/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,148

Year Built

  • Built in 1986

Lot Details

  • Lake Front
  • West Facing Home
  • Security Fence

HOA Fees

  • $172 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic

Home Design

  • Permanent Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 837 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Window Treatments
  • Storage Room

Kitchen

  • Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 1 Parking Space
  • Assigned Parking

Accessible Home Design

  • No Interior Steps
  • No Carpet

Outdoor Features

  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Packsaddle Elementary School
  • Llano High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 21525

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, ground maintenance, maintenance structure, parking
  • Cape Terrace Association
  • Cape Terrace Subdivision
  • Community Lake

Recreation

  • Boat Dock

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,148

Year Built

Built in 1986

Lot Details

0

HOA Fees

$172 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1986
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: Once you enter the gate, the complex is the first complex on the left. Unit 602 is accessed by the far right staircase. Go to the second floor. No sign.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 837
  • Other Structures: Storage
  • Special Listing Conditions: Standard
  • Attribution Contact: (830) 201-4049
  • Attribution Contact: (830) 201-4049
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 7147.94
  • FEMA Flood Plain: Partial
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: 2nd Floor Entry
  • Special Features: None

Interior Features

  • Interior Amenities: No Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s)
  • View: Lake, Panoramic
  • Flooring: No Carpet, Tile, Wood
  • Fireplace Features: Wood Burning
  • Accessibility Features: None
  • Appliances: Disposal, Microwave, Electric Oven, Free-Standing Electric Range, Electric Water Heater
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Security Fence
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Boat Dock - Shared
  • Roof: Metal
  • Foundation: Permanent
  • Patio And Porch Features: Covered, Deck
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lake LBJ
  • Waterfront Features: Lake Front, Lake Privileges
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, See Remarks
  • Association Fee Frequency: Annually
  • Association Fee: 2060

Association/Amenities

  • Association Name: Cape Terrace
  • Association: Yes
  • Community Features: Curbs, Gated, Lake

Schools

  • Elementary School: Packsaddle
  • High School: Llano
  • Middle/Junior School: Llano
  • Junior High Dist: Llano ISD

Lot Info

  • Lot Features: Views
  • Parcel Number: 21525
  • Lot Size Acres: 0.0171
  • Lot Size Sq Ft: 744.88
  • Subdivision Name: Cape Terrace

Building Info

  • Construction Materials: Wood Siding, Stone
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7147.94
  • Tax Filled Sqft Total: 837
  • Tax Rate: 1.30000000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,148 $542,310 $279,460 $262,850
2023 $6,714 $492,460 $258,400 $234,060
2022 $5,670 $371,990 $208,080 $163,910
2021 $5,843 $362,090 $183,540 $178,550
2020 $4,756 $281,260 $141,830 $139,430
2019 $4,739 $273,860 $139,050 $134,810
2018 $4,711 $269,350 $139,050 $130,300
2017 $4,038 $230,590 $128,880 $101,710
2016 $3,497 $199,730 $128,880 $70,850
2015 -- $173,980 $113,050 $60,930
2014 -- $167,520 $106,590 $60,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $496,500 +71.8% $593 / Sq Ft
10/12/2016 10/12/16 Sold -- -- --
09/24/2016 09/24/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $289,000 -- $316 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Highland Lakes Title
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $143,200 New Conventional
Previous Owner $116,400 New Conventional
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4820024

Unlock MLS (Austin Board of REALTORS®)

APN: 21525