1100 The Cape RD # 603, Horseshoe Bay TX 78657

Off Market

Cape Terrace - on Lake LBJ with day docks

Additional photos available to registered users

Ed's Opinion of Value

$146,511 Ed's Estimate: $214,044 $699,999

Lowest Comp Recommended List: $208,000 to $220,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $214,044. I'd recommend coming to market at $208,000 to $220,000 to strike the right balance between value and market velocity. Against 4 similar active listings in CAPE TERRACE, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Being 121 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1986, this home is 10 years newer than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in CAPE TERRACE, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 34.3% in the past 6 months. 305 Poker Chip # 143, Horseshoe Bay TX 78657 nearby adjusts to $185,577; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78657 Market Trends

$550,000 Median Sold Price ▼ 34.3% 6mo

$261/sqft Median $/SqFt ▼ 19.8% 6mo

155 days Avg Days on Market 49 days slower

203 homes Active Inventory 15.8 mo supply

95.3% Sale-to-List Ratio

77 Sales (6 months)

Recently Sold Comparables

$185,577 adjusted 305 Poker Chip # 143, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,160 sqft • 1.1 mi Sold 7 months ago

$146,511 adjusted 304 Hi There # 131, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,160 sqft • 1.2 mi Sold 22 days ago

$207,356 adjusted 307 Poker Chip #121 DR, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,160 sqft • 1.1 mi Sold 11 months ago

$344,025 adjusted 605 Port # 3, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,349 sqft • 0.4 mi Sold 8 months ago

Currently on Market

$699,999 101 Island DR # A, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,124 sqft • 0.3 mi 14 days on market

$649,900 509 Short Circuit # 203, Horseshoe Bay TX 78657 3bd / 2.0ba • 1,154 sqft • 0.4 mi 138 days on market

$216,250 300 Out Yonder # 167, Horseshoe Bay TX 78657 2bd / 2.0ba • 1,160 sqft • 1.2 mi 13 days on market

2 Beds

2 Baths 1 Full, 1 Half

1,086 Sq Ft

0.016 Acres

1986 Built

About This Property

The Cape Terrace is a wonderful gated community with only a 5 min walk to the Yacht Club, Marina & Spa for Horseshoe Bay Resort. 2 bedrooms PLUS a sleeping loft will accommodate your friends & family for a great time on Lake LBJ. The covered patio is the perfect spot to sip cocktails or coffee & watch the boating activities, the gorgeous Texas Sunsets or the beautiful Views of The Texas Hill Country. This property allows short & long term rentals which could make for a great investment opportunity. Day docks are right below this home, making it easy to load the coolers and the kids to take off for a great day on the lake. Membership is required to enjoy HSB Resort amenities, however, as a homeowner you can enjoy the Quail Point POA park with picnicking, swimming, occasional music concerts and many holiday events - Fun for the Entire Family. This well maintained Condo will provide a great home for all your adventures in Horseshoe Bay and the Texas Hill Country. Come out and take a look today!

Features

Ceiling Fan(s)
High Ceilings
Electric Dryer Hookup
Open Floorplan
Primary Bedroom on Main
Storage
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Llano ISD

Elementary Packsaddle

Middle School Llano

High School Llano

Property Details

Property Type Residential

Flooring Laminate, Tile

Cooling Ceiling Fan(s), Central Air

Heating Central, Fireplace(s), Hot Water

Exterior Balcony, Dock, Exterior Steps

County Llano

MLS # 4905718

HOA & Community

HOA Fee $188 /Monthly

HOA Includes Common Area Maintenance, Insurance, See Remarks

Listing History

MLS# 4905718 6 days (5 CDOM)

Jun 24, 2022	Off Market
May 28, 2022	Listed		$625,000

Frequently Asked Questions About 1100 The Cape RD # 603, Horseshoe Bay TX 78657

When was 1100 The Cape RD # 603, Horseshoe Bay TX 78657 built?

1100 The Cape RD # 603, Horseshoe Bay TX 78657 was built in 1986.

How much does 1100 The Cape RD # 603, Horseshoe Bay TX 78657 cost?

1100 The Cape RD # 603, Horseshoe Bay TX 78657 sold on June 24, 2022. Contact us for sale price details.

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