Ed's Opinion of Value

$168,000 Ed's Estimate: $451,416 $764,500
Lowest Comp Recommended List: $165,000 to $175,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $451,416. Based on how the local market is moving, a list price between $165,000 and $175,000 would position this home well. Relative to what's currently available in WATERS (HSB), this home would be the 3rd most expensive of 6 comparable homes on the market. At 19 years newer than typical comps, the 2006 build date influences the valuation. The larger lot (4.11 acres versus the area average of 0.13) contributes to the valuation. The active market in WATERS (HSB) includes 6 comparable homes priced from $168,000 to $795,000. The 6 month price trend in 78657: fallen 30.1%. The best comp here is 96 Island DR # 12, Horseshoe Bay TX 78657 at an adjusted value of $537,835, a strong comparable. The comp data here (7 sales in WATERS (HSB)) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
2 Beds
2 Baths 2 Full
1,216 Sq Ft
4.11 Acres
2006 Built
1 Garage

About This Property

Fully furnished and decorated condo on the 4th floor of The Waters Condominium building located at 1000 The Cape. This property is in great condition and has been in the Horseshoe Bay Resort Hotel rental pool. It’s perfect for a weekend getaway and is just a few steps from the Resort Yacht Club. Conveniently located just about one hour northwest of Austin in the Hill Country on Lake LBJ, this property has extraordinary views of the lake and hill country beyond. Some of the most spectacular sunsets can be viewed from the covered porch outside the condo. Amenities that come with ownership include a parking garage storage unit, common areas with BBQ pits, and a large pool reserved only for owners. Membership in the resort will give the owner access to the Yacht Club, 3 Robert Trent Jones, Sr designed golf courses, several private restaurants, and the spa. Owner is a licensed Texas real estate agent.

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Elevator
  • Entrance Foyer
  • High Speed Internet
  • Multiple Dining Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

School District Llano ISD
Elementary Llano
Middle School Llano
High School Llano

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Ceiling Fan(s), Central Air, Heat Pump, Separate Meters
Heating Ceiling, Central, Electric, Heat Pump
Exterior Balcony, Barbecue, Uncovered Courtyard, Electric Grill, Gutters Full, No Exterior Steps
County Llano
MLS # 7512355

Parking

Garage 1 spaces

HOA & Community

HOA Fee $528 /Monthly
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Trash

Tax Information

Annual Taxes $5,542 (2021)

Listing History

MLS# 7512355 - Updated Apr 6, 2026 7 days (3 CDOM)
Mar 25, 2022 Off Market
Feb 25, 2022 Listed $575,000

Frequently Asked Questions About 1000 The Cape # 45, Horseshoe Bay TX 78657

When was 1000 The Cape # 45, Horseshoe Bay TX 78657 built?

1000 The Cape # 45, Horseshoe Bay TX 78657 was built in 2006.

How much does 1000 The Cape # 45, Horseshoe Bay TX 78657 cost?

1000 The Cape # 45, Horseshoe Bay TX 78657 sold on March 25, 2022. Contact us for sale price details.

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