$725,000 Last Listed Price
●
House -
Off Market
406 Sombrero
Horseshoe Bay, TX 78657
3 Beds
3 Baths,
1
Half Bath
3,369 Ft²
$747,100
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Spacious single-story Slick Rock Golf course home on the #4
fairway. Relax on the large covered deck and enjoy the scenic view
of the golf course pond and fountain. Terrific home for
entertaining which offers 2 dining areas, butler's pantry, kitchen
with island cooktop, double ovens, numerous cabinets, a large
living room with beautiful wood floors, vaulted ceilings, a
fireplace, wet bar with wine refrigerator, and plenty of windows
offering natural light and showcasing Slick Rock Golf Course.
Family and overnight guests will enjoy the 3 bedrooms, 3 ensuite
bathrooms, half bath, an office, exercise room (bonus room), and a
2-car garage plus a golf cart garage. This home is located in a
wonderful neighborhood for taking walks and meeting neighbors, as
many are full-time residents. The location is convenient to Lake
LBJ, restaurants, shopping and medical services.
Unit Size
3,369 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$215
Property Type
House
Property Taxes
$791
HOA Dues
$28
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (HAR #10419744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2023 | Listed by Keller Williams Lake Travis | $725,000 | |
| Listed by Keller Williams Lake Travis | |||
| | |||
|
Spacious single-story Slick Rock Golf course home on the #4 fairway. Relax on the large covered deck and enjoy the scenic view of the golf course pond and fountain. Terrific home for entertaining which offers 2 dining areas, butler's pantry, kitchen with island cooktop, double ovens, numerous cabinets, a large living room with beautiful wood floors, vaulted ceilings, a fireplace, wet bar with wine refrigerator, and plenty of windows offering natural light and showcasing Slick Rock Golf Course. Family and overnight guests will enjoy the 3 bedrooms, 3 ensuite bathrooms, half bath, an office, exercise room (bonus room), and a 2-car garage plus a golf cart garage. This home is located in a wonderful neighborhood for taking walks and meeting neighbors, as many are full-time residents. The location is convenient to Lake LBJ, restaurants, shopping and medical services.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Horseshoe Bay
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Listed by: Georganna Zaba, Keller Williams Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 10419744
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Last Updated: 6 months ago
Data Source: HAR , MLS# 10419744
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