See Home Value
$599,000
↓ $26K (4.2%)
● House - Off Market

405 Rio

Horseshoe Bay, TX 78657
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,685 Ft²
$2,970
Est. Monthly
$29
HOA / Fees
4.74%
Cap Rate

About This Property

FORECLOSURE- BANK OWNED. UNIQUE WET ROOM. Experience unmatched value with our exclusive Byrne Buyer Guarantee and tailored Buyer Mortgage Incentives partnerships! From saving thousands on closing costs to securing the best rates and a guarantee that ensures your satisfaction, we're redefining what it means to buy with confidence. Call for Details! Located in the prestigious Horseshoe Bay community, this 2022-built single-family residence is perfectly suited as your primary sanctuary, a vacation escape, or a lucrative investment opportunity, including a versatile bonus 5th bedroom/flex space, 3 full baths, and a 3-car garage equipped for EV charging with additional parking for 9+ vehicles. Designed for effortless living, the home boasts smart features including GE appliances. A vast, fenced backyard offers an entertainer's dream with a covered patio, an expansive tiger wood and cedar deck complete with massive cedar tables, a BBQ area, fire pit, and vibrant container gardens. Outdoor games and recreational opportunities abound, with space to further tailor the property to your vision. Situated on a generous lot, the home offers the rare option to expand your estate by acquiring the adjacent lot. Horseshoe Bay's renowned resort amenities include multiple golf courses, a marina, fine dining, scenic hiking trails, a private airport, and one of Texas's coveted Dark Sky community designations for stunning star-gazing experiences. Conveniently located just 45 minutes from Austin, 30 minutes from Bee Cave, Lakeway, Llano, or Johnson City, and 10 minutes from Marble Falls, this home offers the perfect balance of tranquil living with access to urban conveniences. Buyer to verify all MLS information. Do you have a house to sell? Call today to learn more about our tiered marketing programs.
Unit Size
2,685 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
$29
Year Built
2022

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Last updated: 2 years ago (Unlock MLS #ACT1873039)

Price History

Date / Event Date Event Price
Jun 28, 2025 Price Decreased $599,000
↓ $26K (4.2%)
Price Decreased
Jun 28, 2025 Relisted $625,000
Relisted
Jun 16, 2025 In contract -
In contract
Jun 3, 2025 Relisted $625,000
Relisted
May 15, 2025 In contract -
In contract
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 630
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,552
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,650
  • Building Area: 2,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HORSESHOE BAY PROPER
  • Land Acres: 0000000288
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: HORSESHOE BAY LT 34030

Neighborhood

  • School District Name: Llano Independent School District
  • Census Tract: 970402

Geography

  • Account Number: 10650-003-4030-0
  • Parcel: 41711
  • Lot: 34030
  • Municipality: HORSESHOE BAY
  • Latitude: 30.5439
  • Longitude: -98.3638

    Address

  • Full Address: 405 Rio
  • Address - House Number: 405
  • Address - Street Name: Rio
  • State: TX
  • City Name: Horseshoe Bay
  • Zip Code: 78657

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,010,475
  • Tax Rate Code Area: CHSL LE1 R

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 662,911
  • High Value: 803,177
  • Low Value: 522,646

    Market Valuation

  • Market Total Value: $630,500
  • Market Land Value: $40,130
  • Market Improvement Value: $590,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $630,500
  • Assessed Land Value: $40,130
  • Assessed Improvements Value: $590,370

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 29, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1675
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jul 13, 2021
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Horseshoe Bay


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 410 Hi Circle West, TX, 78657

$2,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,964 ft²
410 Hi Circle West, TX, 78657 Listing by Jimmy Gilmore


Frequently Asked Questions

When was property at 405 Rio built and last sold?
The property at 405 Rio was built in 2022 and last sold on Mar 27, 2023 for $798,000.
How much is this home worth?
The estimated value of the home located at 405 Rio is $635,458.
What are some comparable homes to 405 Rio?
There are currently no comparable homes to 405 Rio.