1107 The Cape RD # 12, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 | Cape Town

Ed's Opinion of Value

$453,452 Ed's Estimate: $2,309,825 $3,300,000
Lowest Comp Recommended List: $691,000 to $701,000 Highest Comp

Listing History

$2,450,000 List Price
$1,175,684 Comp Value
1 Price Reductions

This property was listed at $2,450,000 and withdrawn after 235 days on market. The price was reduced from $2,600,000 to $2,450,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,309,825. I'd recommend coming to market at $691,000 to $701,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CAPE TOWN, this price point lands at the most expensive of 7 comparable homes on the market. The larger floor plan (413 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1979, this home is 10 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in CAPE TOWN, 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
4 Baths 4 Full
3,037 Sq Ft
0.0563 Acres
1979 Built
1 Garage

About This Property

East-facing waterfront townhome with amazing views of the Horseshoe Bay Lighthouse. This home features over $350,000 in updates, including new interior and exterior paint, stucco, flooring, appliances, granite counter top and tile backsplash, stucco exterior, redesigned entryway and front door, new sliding glass doors, deck, hydraulic boat lift, and more. Move in, relax, and enjoy! Located within a gated community walking distance to the Horseshoe Bay Yacht Club, this is resort living at its best! Walk to the resort spa, marina, and Waterfront restaurant. Buy now and enjoy fireworks over 4th of July weekend, as well as spectacular moonrises. *Membership required to enjoy resort amenities. Furniture negotiable with a great offer.

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Interior Steps
  • Pantry
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior Boat Dock - Private, Boat Lift, Lighting
County Llano
MLS # 5459315

Parking

Garage 1 spaces

HOA & Community

HOA Fee $342 /Annually
HOA Includes See Remarks

Tax Information

Annual Taxes $13,030 (2023)

Listing History

MLS# 5459315 235 days
Nov 22, 2024 Off Market
Jun 1, 2024 Price Change $2,450,000
Apr 1, 2024 Listed $2,600,000

Frequently Asked Questions About 1107 The Cape RD # 12, Horseshoe Bay TX 78657

When was 1107 The Cape RD # 12, Horseshoe Bay TX 78657 built?

1107 The Cape RD # 12, Horseshoe Bay TX 78657 was built in 1979.

How much does 1107 The Cape RD # 12, Horseshoe Bay TX 78657 cost?

1107 The Cape RD # 12, Horseshoe Bay TX 78657 is currently off market.

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