1103 The Cape RD # 2, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 | Emerald Point

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$501,120 Ed's Estimate: $1,788,909 $3,495,000
Lowest Comp Recommended List: $1,753,000 to $1,825,000 Highest Comp

Listing History

$2,000,000 List Price
$1,094,031 Comp Value
0 Price Reductions

This property was listed at $2,000,000 and withdrawn after 56 days on market. This listing activity factors into the valuation.

This home was listed at $2,000,000 and was on the market for 56 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $1,788,909. Here are some factors that may have played a role: The asking price may have been roughly $211,091 above what comparable homes were selling for in this area. At $535/sqft, the asking price was 96% above the area median, though there may have been upgrades or features not captured in the data. Built in 1984, this home may have faced competition from newer construction in the area priced similarly. Being 380 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1984, this home is 11 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in EMERALD POINT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
4 Beds
5 Baths 4 Full, 1 Half
3,737 Sq Ft
0.0568 Acres
1984 Built
2 Garage

About This Property

Fully furnished northeast-facing waterfront townhome just steps from the world-class amenities of Horseshoe Bay Resort with sweeping open water views of Lake LBJ and the iconic HSB Lighthouse. This move-in ready residence offers approximately 3,737 SF across three levels with 4 bedrooms, 4.5 baths, and exceptional outdoor living spaces including two covered patios, a swimming dock, private single-slip boat dock with lift, and two PWC lifts.

The main level features an open-concept design with expansive picture windows, fireplace, wet bar, game area, dining space, and an island kitchen equipped with stainless steel appliances, Sub-Zero refrigerator, and Thermador double convection ovens. Upstairs, the spacious primary suite includes a fireplace, sitting area with wet bar, private patio access, walk-in closet, and spa-like bath with dual vanities, whirlpool tub, and separate walk-in shower. Two additional guest suites with private baths complete the upper level.

The lower lake level includes a fourth bedroom currently configured as a bunk room with en-suite bath, walk-in closet, and direct access to the patio and boat slip. Furnishings and a 2012 Harris pontoon boat convey (see associated docs), offering a true turnkey opportunity for full-time living or an ideal lock-and-leave lake retreat.

Property Highlights

Waterfront Lake LBJ · Lake Front

Features

  • Bar
  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Flooring Stone, Wood
Cooling Central Air
Heating Central, Electric
Exterior Balcony, Boat Dock - Private, Boat Lift
County Llano
MLS # 6016883
Garage 2 spaces

HOA & Community

HOA Fee $1,050 /Annually
HOA Includes Maintenance Grounds

Tax Information

Annual Taxes (MLS) $20,865 (2025)

Listing History

MLS# 6016883 56 days
Jul 28, 2026 Off Market
Jun 2, 2026 Listed $2,000,000

Frequently Asked Questions About 1103 The Cape RD # 2, Horseshoe Bay TX 78657

When was 1103 The Cape RD # 2, Horseshoe Bay TX 78657 built?

1103 The Cape RD # 2, Horseshoe Bay TX 78657 was built in 1984.

How much does 1103 The Cape RD # 2, Horseshoe Bay TX 78657 cost?

1103 The Cape RD # 2, Horseshoe Bay TX 78657 is currently off market.

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