S
Seller's Agent in 2025
Stephen Croan
Keller Williams Heritage
Last list price
404 Matern Ct Horseshoe Bay, TX 78657
4
Beds
5.5
Baths
4,400
Sq Ft
0.32
Acres
Highlights
- 100 Feet of Waterfront
- Custom Home
- Wood Flooring
- Open Water Access
- Lake View
- Whirlpool Bathtub
About This Home
As of October 2022Spectacular custom home built by Westway Builders. Over 4400 feet on 100 feet of open water in the upscale gated subdivision of Matern Island. Impressive master suite large enough for a sitting area and large walk-in closet with additional washer and dryer. Study with hardwood floors on lower level to make easy downstairs living. 3 oversized guest bedrooms with their own baths and a second living area upstairs. Beautiful open water views from the upstairs covered patio. Large back yard, big enough for a pool and already fenced. Easy to show!
Last Agent to Sell the Property
RE/MAX HORSESHOE BAY RESORT SA License #0397627 Listed on: 03/02/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,429
Year Built
- Built in 2001
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100 x 165
- 100 Feet of Waterfront
- Property fronts a private road
- Wrought Iron Fence
- Landscaped
- Sprinkler System
- Cleared Lot
Home Design
- Custom Home
- Slab Foundation
- Tile Roof
Interior Spaces
- 4,400 Sq Ft Home
- 2-Story Property
- Wet Bar
- Crown Molding
- Ceiling height of 10 feet or more
- Ceiling Fan
- Fireplace
- Insulated Windows
- Lake Views
- Washer and Electric Dryer Hookup
Kitchen
- Double Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Whirlpool Bathtub
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
Outdoor Features
- Open Water Access
- Balcony
- Courtyard
- Covered Patio or Porch
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Water Softener
Additional Features
- Stepless Entry
- Flood Zone Lot
Listing and Financial Details
- Assessor Parcel Number 058706
Community Details
Overview
- Property has a Home Owners Association
- Association fees include road maintenance
- Matern Island Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Oct 4, 2022
Sold by
Kaatz Kelly Jay
Bought by
Downey Steven and Downey Janet
Seller's Agent
Nicole Scott
Horseshoe Bay Resort Realty
List Price
$348,500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$2,708,000
Outstanding Balance
$2,603,577
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,528,585
Purchase Details
Listed on
Mar 2, 2018
Closed on
Aug 28, 2018
Sold by
Kelly John T and Kelly Kay P
Bought by
Kaatz Kelly Jay and Kaatz Yvonne G
Seller's Agent
Steve Butler
RE/MAX HORSESHOE BAY RESORT SA
Buyer's Agent
Shirl Thornton
RE/MAX HORSESHOE BAY RESORT SA
List Price
$1,825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$1,277,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2005
Sold by
Sahm Larry F and Sahm Judith M
Bought by
Kelly John T and Kelly Kay P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Independence Title | |
| Vendors Lien | -- | Capital Title Of Tx | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,708,000 | New Conventional | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $1,277,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $3,999,000 | -5.9% | $877 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $4,249,000 | -1.8% | $932 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $4,329,000 | -0.5% | $950 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $4,349,000 | +24.8% | $954 / Sq Ft |
| 10/04/2022 10/04/22 | Sold | -- | -- | -- |
| 07/15/2022 07/15/22 | Price Changed | $3,485,000 | -99.0% | $786 / Sq Ft |
| 07/15/2022 07/15/22 | For Sale | $348,500,000 | +18995.9% | $78,562 / Sq Ft |
| 08/28/2018 08/28/18 | Sold | -- | -- | -- |
| 07/29/2018 07/29/18 | Pending | -- | -- | -- |
| 03/02/2018 03/02/18 | For Sale | $1,825,000 | -- | $415 / Sq Ft |
Source: Highland Lakes Association of REALTORS®
Tax History Compared to Growth
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 | $53,429 | $3,735,440 | $2,045,830 | $1,763,240 |
| 2023 | $46,217 | $3,389,700 | $1,400,870 | $1,988,830 |
| 2022 | $32,522 | $2,133,610 | $1,036,260 | $1,097,350 |
| 2021 | $31,348 | $1,942,640 | $933,660 | $1,008,980 |
| 2020 | $31,847 | $1,883,200 | $928,530 | $954,670 |
| 2019 | $31,637 | $1,828,400 | $928,530 | $899,870 |
| 2018 | $31,977 | $1,828,400 | $928,530 | $899,870 |
| 2017 | $31,898 | $1,821,730 | $918,270 | $903,460 |
| 2016 | $30,908 | $1,765,220 | $872,100 | $893,120 |
| 2015 | -- | $1,743,150 | $872,100 | $871,050 |
| 2014 | -- | $1,743,150 | $872,100 | $871,050 |
Source: Public Records
Agents Affiliated with this Home
-
-
Nicole Scott
N
Seller's Agent in 2022
Nicole Scott
Horseshoe Bay Resort Realty
(512) 632-6790
16 in this area
22 Total Sales
-
Steve Butler
Seller's Agent in 2018
Steve Butler
RE/MAX
(512) 755-5500
97 in this area
99 Total Sales
-
Shirl Thornton
Buyer's Agent in 2018
Shirl Thornton
RE/MAX
(830) 385-6200
194 in this area
222 Total Sales
Map
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM143207
APN: 7719
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