NOT LISTED FOR SALE

509 Short Circuit Unit 203 Horseshoe Bay, TX 78657

Estimated Value: $653,000 - $673,000

2 Beds
2 Baths
1,154 Sq Ft
$355/mo HOA Fee

Last Sold February 22, 2023

Current estimated payment $4,042/month

190 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • Boat Slip
  • Lake Front
  • Mini Golf Course
  • Open Floorplan

About This Home

As of February 2023

LAKESIDE HSB Proper condo with a pool, hot tub, 10 day boat slips & jet ski ramps =RARE!! This exquisite 2 bedroom, 2 bath, with loft is one of a kind and has undergone a soup-to-nuts renovation in the past year. Split bedrooms on 2 floors give privacy to you and your guest(s). Loft overlooking living area with lake views is perfect as an office, workout/TV area or extra sleeping space as situated currently. Laundry is conveniently located off kitchen. Log burning fireplace is just the right touch for cooler weather. Private outside deck feels like you are on a tropical vacation as you take in the pool and lake while listening to the waterfall below. Resort amenities and POA Quail Point Park are all within walking distance, as is the hotel, restaurant, 360 bar and Grill and putt-putt golf and tennis/pickleball courts. Come experience lake life on this No-Wake cove in serene Horseshoe Bay! Great for full-time or part-time lock and leave. All furniture 100% negotiable as part of the sale.. Now come decompress in your new OASIS!

Last Agent to Sell the Property

Micha Hill

Central Metro Realty License #0615595 Listed on: 07/13/2022

Central Metro Realty

Last Buyer's Agent

Kale G Stephens

Horseshoe Bay Living 2, LLC License #0616942

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • Mini Golf Course
  • Northwest Facing Home

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Loft
  • Slab Foundation
  • Tile Roof
  • Masonry Siding
  • Stone Veneer
  • Stucco

Interior Spaces

  • 1,154 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Breakfast Bar
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Accessible Home Design

  • Accessible Common Area

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Rain Gutters

Schools

  • Llano Elementary And Middle School
  • Llano High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Not Available
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 509 Short Circuit #203
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, trash
  • Villas Del Lago Association
  • Villas De Lago Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions
  • Community Lake

Amenities

  • Airport or Runway
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 2nd Floor Entry, Loft
  • Restrictions: Covenant, Deed Restrictions
  • Year Built: 1982
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: From 1431, left on 281 S, right on FM 2147, right on Horseshoe Bay Blvd, 2nd exit from traffic circle onto Hi Cir N, right on Short Circuit to the end of the street. Complex in on the right.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 4904.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: See Remarks
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: Connected, See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1154.00
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-Vaulted, Open Floorplan, Primary Bedroom on Main
  • Laundry Location: Laundry Room, Main Level
  • View: Lake
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room, Wood Burning
  • Num Dining: 1
  • Num Guest Beds: 1
  • Guest Full Bathrooms: 1
  • Num Living: 1
  • Num Other Level Beds: 1
  • Accessibility Features: Common Area
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: See Remarks
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Boat Slip, Gutters Partial
  • Roof: Tile
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lake LBJ
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Carport, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Other, Natural Gas Not Available, Underground Utilities
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 355.00

Association/Amenities

  • Association Name: Villas del Lago
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, General Aircraft Airport, Golf Course, High Speed Internet, Lake, Mini-Golf, Pool, Sidewalks, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Llano ISD
  • Elementary School: Llano
  • High School: Llano
  • Middle/Junior School: Llano

Lot Info

  • Lot Features: Views
  • Parcel Number: 509 Short Circuit #203
  • Lot Size Acres: 0.0190
  • Lot Size Sq Ft: 827.64
  • Subdivision Name: Villas De Lago

Building Info

  • Construction Materials: Masonry – All Sides, Stone Veneer, Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1154
  • Tax Rate: 1.57210000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Feb 22, 2023
Sold by
Kh Holdings Llc
Bought by
Landers Bruce and Landers Elizabeth
Seller's Agent
Micha Hill
Central Metro Realty
Buyer's Agent
Kale G Stephens
Horseshoe Bay Living 2, LLC
List Price
$685,000
Views
114
Current Estimated Value
$663,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Original Mortgage
$487,500
Outstanding Balance
$471,879
Interest Rate
6.59%
Mortgage Type
New Conventional
Estimated Equity
$191,998

Purchase Details

Closed on
May 8, 2006
Sold by
Nelms Michael L
Bought by
Strange Suzette M

Purchase Details

Closed on
Aug 11, 2005
Sold by
Johnson Curtis W and Johnson Sally M
Bought by
Nelms Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Landers Bruce -- Capital Title
Strange Suzette M -- --
Nelms Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landers Bruce $487,500
Previous Owner Nelms Michael L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold -- -- --
01/19/2023 01/19/23 Pending -- -- --
01/07/2023 01/07/23 Off Market -- -- --
09/10/2022 09/10/22 Price Changed $685,000 0.0% $594 / Sq Ft
09/10/2022 09/10/22 For Sale $685,000 0.0% $594 / Sq Ft
08/01/2022 08/01/22 For Sale $685,000 0.0% $594 / Sq Ft
07/29/2022 07/29/22 Off Market -- -- --
07/13/2022 07/13/22 For Sale $685,000 -- $594 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

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
2025 $2,392 $448,210 $0 $448,210
2024 $5,908 $448,210 $0 $448,210
2023 $5,314 $389,770 $0 $389,770
2022 $4,992 $327,500 $0 $327,500
2021 $5,034 $311,950 $0 $311,950
2020 $4,924 $291,190 $0 $291,190
2019 $4,892 $282,740 $0 $282,740
2018 $4,547 $259,990 $121,500 $138,490
2017 $3,727 $212,870 $121,500 $91,370
2016 $4,572 $261,100 $0 $261,100
2015 -- $259,320 $0 $259,320
2014 -- $259,320 $0 $259,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1763047

Unlock MLS (Austin Board of REALTORS®)

APN: 17167