23
Map
204 Mount Dew RD
About This Property
Enjoy a desirable northeast-facing orientation with beautiful Hill Country and Lake LBJ views, perfect for capturing sunrises and cooler afternoons. Water and sewer are available, making this an ideal site for a full-time residence or weekend retreat.
Located just minutes from Horseshoe Bay Resort (membership required), you'll have easy access to world-class golf, spa, pools, dining, and lakefront amenities. Conveniently positioned about an hour from Austin and 1.5 hours from San Antonio, this property offers both accessibility and a peaceful escape.
With low Llano County taxes at just 1.33% and annual HOA dues of only $360, this is a rare opportunity to secure a premium homesite with lasting value and protected views.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Horseshoe Bay Living 2, LLC | $57,000 | |
| Listed by Horseshoe Bay Living 2, LLC | |||
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About Horseshoe Bay
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Listed Office: Horseshoe Bay Living 2, LLC - Listing courtesy of Unlock MLS
Phone: (512) 550-3624
Last Updated: 2026-07-23 04:09:38
Data Source: Unlock MLS, MLS# ACT1480699
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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