1103 The Cape RD # 3, Horseshoe Bay TX 78657

Off Market

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Ed's Opinion of Value

$498,510 Ed's Estimate: $1,090,888 $2,500,000

Lowest Comp Recommended List: $549,000 to $559,000 Highest Comp

The market data from 7 similar recent sales in EMERALD POINT points to a value of approximately $1,090,888. To sell within a reasonable timeframe at fair market value, the $549,000 to $559,000 range is where I'd position this. With 7 comparable homes on the market in EMERALD POINT, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (474 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1982 construction puts this home 16 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in EMERALD POINT, ranging from $499,000 to $3,595,000. In 78657, home values have fallen approximately 23.9% over the past 6 months. One of the strongest data points is 402 Island DR # C, Horseshoe Bay TX 78657, adjusting to $1,763,062; with a smaller floor plan. 7 comparable transactions in EMERALD POINT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78657 Market Trends

$590,500 Median Sold Price ▼ 23.9% 6mo

$274/sqft Median $/SqFt ▼ 17.1% 6mo

164 days Avg Days on Market 46 days slower

202 homes Active Inventory 13.9 mo supply

95.4% Sale-to-List Ratio

87 Sales (6 months)

Recently Sold Comparables

$1,763,062 adjusted 402 Island DR # C, Horseshoe Bay TX 78657 4bd / 4.0ba • 3,138 sqft • 0.4 mi Sold 7 months ago

$922,318 adjusted 609 Hi Stirrup, Horseshoe Bay TX 78657 3bd / 4.0ba • 3,204 sqft • 1.1 mi Sold 17 days ago

$498,510 adjusted 704 Horseshoe Bay BLVD # F, Horseshoe Bay TX 78657 4bd / 5.0ba • 1,820 sqft • 0.3 mi Sold 2 months ago

$644,083 adjusted 210 Half Moon ST, Horseshoe Bay TX 78657 4bd / 4.0ba • 3,990 sqft • 1 mi Sold 6 months ago

$1,115,294 adjusted 317 Azalea CT, Horseshoe Bay TX 78657 4bd / 5.0ba • 3,390 sqft • 2.2 mi Sold 6 months ago

Currently on Market

$499,000 109 Lachite # 2, Horseshoe Bay TX 78657 4bd / 5.0ba • 3,526 sqft • 2.4 mi 375 days on market

$2,500,000 138 Coralberry, Horseshoe Bay TX 78657 4bd / 5.0ba • 3,680 sqft • 2.6 mi 293 days on market

$2,150,640 100 Nattie Woods, Horseshoe Bay TX 78657 4bd / 5.0ba • 3,528 sqft • 3 mi 45 days on market

4 Beds

5 Baths 4 Full, 1 Half

3,737 Sq Ft

0.0542 Acres

1982 Built

2 Garage

About This Property

Expansive panoramic VEIWS from three levels of east facing open water verandas and deck provides cool comfortable days and evenings on beautiful LBJ. Light House, resort and relaxing open water vistas are here for you in your spacious third floor primary suite with veranda. Night fish around fishing light in water off the deck. Enjoy sunrise coffee and sunset entertaining. Three sofas that make into beds, built in icemaker, and 6 parking spaces plus the 2 car garage for guest parking and comfort. Can sleep 20 comfortably. Beckoning open split stairway entrance. open floor plan. Llano schools. Home is appealing and sold furnished. Privacy and comfort for guests. En suite baths. Kitchen, dining room, family room, bar, and veranda on the main level for entertaining. Short walk over to the HSB Yacht Club and amenities. Ready to live your full lake LBJ life and entertain your guests. Call for appointment today to see this splendid property. Please see the virtual tour and video.

Features

Bar
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Beamed Ceilings
Coffered Ceiling(s)
High Ceilings
Granite Counters
Stone Counters
Electric Dryer Hookup
High Speed Internet
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Pantry
Recessed Lighting
Walk-In Closet(s)
Wired for Data

Location

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Schools

School District Llano ISD

Elementary Packsaddle

Middle School Llano

High School Llano

Property Details

Property Type Residential

Flooring Stone, Tile, Wood

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric, Exhaust Fan

Exterior Balcony, Boat Dock - Private, Boat Lift, Gutters Partial, Restricted Access

County Llano

MLS # 3608467

Garage 2 spaces

HOA & Community

HOA Fee $2,100 /Annually

HOA Includes Maintenance Grounds, Security

Tax Information

Annual Taxes (MLS) $19,798 (2022)

Listing History

MLS# 3608467 7 days

Jun 15, 2023	Off Market
May 10, 2023	Listed		$2,490,000

Frequently Asked Questions About 1103 The Cape RD # 3, Horseshoe Bay TX 78657

When was 1103 The Cape RD # 3, Horseshoe Bay TX 78657 built?

1103 The Cape RD # 3, Horseshoe Bay TX 78657 was built in 1982.

How much does 1103 The Cape RD # 3, Horseshoe Bay TX 78657 cost?

1103 The Cape RD # 3, Horseshoe Bay TX 78657 sold on June 15, 2023. Contact us for sale price details.

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