$795,000
$170K PRICE DROP

2509 Diagonal Unit 11 Horseshoe Bay, TX 78657

Estimated payment $5,475/month

Total Views 1,289
2 Beds
2 Baths
1,736 Sq Ft
$458 Price per Sq Ft

Highlights

  • Airport or Runway
  • Golf Course Community
  • Boat Slip
  • Lake Front
  • Boat Lift
  • In Ground Pool

About This Home

Experience the ultimate in lakeside living with this rare opportunity to own an immaculate, move-in ready 1736 square foot waterfront condo at Tranquilo Bay on beautiful, constant-level Lake LBJ. Waterfront condos in this exclusive community seldom come on the market, making this a unique chance to secure your own slice of lakefront paradise. Your own covered boat slip with electric lift and wave runner lift are just steps from your back patio. Designed for relaxation and entertaining, the open floor plan features a modern kitchen with central island and breakfast bar, an expansive dining area, and a cozy sitting area anchored by a dry-stacked stone fireplace. Wake up to breathtaking lake views from the primary suite, which boasts a wall of windows, two walk-in closets, and a spa-inspired bathroom with dual vanities and large soaking tub. Additional highlights include a walk-in laundry room (washer and dryer included), remote-controlled blinds, and a one-car garage with extra storage for water sports equipment. Enjoy outdoor living on your east-facing patio, with panoramic lakefront views and ample space for dining and lounging-ideal for grilling and entertaining. Community amenities include a pool, spa, and sundeck for soaking up the Texas sun. The unit is conveniently located on the second floor with elevator access. Located just minutes from Caprock golf course. This property is perfectly positioned for both full-time living and weekend getaways. With high demand for premium lakefront properties on Lake LBJ, this is a rare chance to invest in a low-maintenance, luxury lifestyle. Don’t miss your opportunity to live the lake life and discover why Lake LBJ remains one of Texas’ most coveted destinations for waterfront living. Seller/Agent is a licensed Texas real estate agent.

Last Listed By

Lisa Lyons

Rose & Associates Properties Brokerage Phone: (512) 494-4747 License #0596135 Listed on: 03/14/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,160

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • Lake Front
  • West Facing Home
  • Wrought Iron Fence
  • Wooded Lot

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Single Garage Door
  • Garage Door Opener
  • Additional Parking

Property Views

  • Lake
  • Golf Course
  • Hills

Home Design

  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Family Room with Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Built-In Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Accessible Home Design

  • No Interior Steps
  • No Carpet

Pool

  • In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature
  • In Ground Spa

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Balcony
  • Deck
  • Covered patio or porch
  • Rain Gutters

Schools

  • Packsaddle Elementary School
  • Llano High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 122600W20064K

Community Details

Overview

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

Amenities

  • Sundeck
  • Common Area
  • Airport or Runway

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,160

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$517 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1996
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: FM 2147 to HSB West Blvd, Right on Faultline, Right on Lost Echo and Left on Diagonal. First building on the Right with the green roof. 2nd floor.
  • Disclosures: Owner/Agent, Seller Disclosure
  • Fencing: Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1736
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 494-4747
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 6159.68
  • FEMA Flood Plain: Yes-100 yr
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: 2nd Floor Entry,Single level Floor Plan,Elevator
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Granite Counters, Crown Molding, Double Vanity, Elevator, High Speed Internet, In-Law Floorplan, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wet Bar
  • View: Golf Course, Hill Country, Lake
  • Flooring: No Carpet
  • Fireplace Features: Family Room
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Free-Standing Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer, Electric Water Heater, Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Updated/Remodeled
  • Security Features: Smoke Detector(s)
  • Spa Features: In Ground
  • Window Features: Screens, Window Coverings, See Remarks
  • Laundry Location: In Unit,Laundry Room,Main Level
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0
  • Num Guest Beds: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Boat Lift, Boat Slip, Gutters Full
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo, Waterfall
  • Private Pool: Yes
  • Water Body Name: Lake LBJ
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Additional Parking, Detached, Door-Single, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking
  • Association Fee Frequency: Quarterly
  • Association Fee: 1550

Association/Amenities

  • Association Name: Tranquilo Bay
  • Association: Yes
  • Community Features: Common Grounds, General Aircraft Airport, Golf, High Speed Internet, Lake, Pool, Hot Tub, Sundeck

Schools

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

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 122600W20064K
  • Subdivision Name: Tranquilo Bay

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Block: None
  • Tax Year: 2024
  • Tax Annual Amount: 6159.68
  • Tax Map Number: None
  • Tax Filled Sqft Total: 1736
  • Tax Rate: 1.31805400000000

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 $6,160 $612,953 $284,060 $336,310
2023 $5,730 $557,230 $262,650 $294,580
2022 $7,940 $520,910 $262,650 $258,260
2021 $7,849 $486,380 $241,640 $244,740
2020 $7,804 $461,490 $227,720 $233,770
2019 $7,767 $448,850 $223,250 $225,600
2018 $7,484 $427,930 $223,250 $204,680
2017 $8,137 $464,720 $227,590 $237,130
2016 $7,641 $436,400 $216,750 $219,650
2015 -- $393,810 $216,750 $177,060
2014 -- $393,810 $216,750 $177,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Price Changed $795,000 0.0% $458 / Sq Ft
05/15/2025 05/15/25 For Sale $795,000 -11.2% $458 / Sq Ft
04/22/2025 04/22/25 Off Market -- -- --
03/28/2025 03/28/25 Price Changed $895,000 -7.3% $516 / Sq Ft
03/14/2025 03/14/25 For Sale $965,000 +82.1% $556 / Sq Ft
07/28/2020 07/28/20 Sold -- -- --
06/18/2020 06/18/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $529,900 +9.8% $305 / Sq Ft
07/13/2015 07/13/15 Sold -- -- --
06/05/2015 06/05/15 Pending -- -- --
04/02/2015 04/02/15 Price Changed $482,500 -0.5% $278 / Sq Ft
11/13/2014 11/13/14 For Sale $485,000 -- $279 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Oatman Land Titles Inc
Warranty Deed -- Highland Lakes Title
Vendors Lien -- Highland Lakes Title
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $464,987 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $336,000 New Conventional
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4756452

Unlock MLS (Austin Board of REALTORS®)

APN: 20919