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604 Apache Tears
About This Property
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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 |
|---|---|---|---|
| Oct 10, 2026 | No longer available | - | |
| No longer available | |||
| Oct 10, 2026 | Listed by RE/MAX HORSESHOE BAY RESORT SA | $879,000 | |
| Listed by RE/MAX HORSESHOE BAY RESORT SA | |||
| Jun 17, 2026 | Price Decreased |
$895,000
↓ $45K
(4.8%) | |
| Price Decreased | |||
| Apr 28, 2026 | Listed by RE/MAX Horseshoe Bay Resort Sales Co. | $940,000 | |
| Listed by RE/MAX Horseshoe Bay Resort Sales Co. | |||
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Welcome to 604 Apache Tears, a serene Hill Country retreat in the highly sought-after Horseshoe Bay West community. Perfectly blending modern luxury with relaxed Texas charm, this newly constructed home rests on an oversized 0.41-acre lot close to both the lake and the golf course. Designed for comfort and versatility, the open-concept layout welcomes you with soaring ceilings, abundant natural light, and elegant finishes-ideal for family living, entertaining friends, or enjoying quiet evenings at home. The island kitchen takes center stage, boasting quartz countertops, stainless steel appliances, and a walk-in pantry, flowing seamlessly into the spacious living and dining areas. Oversized sliding doors lead to a covered patio overlooking the private, peaceful backyard-perfect for casual gatherings, grilling, or simply relaxing after a long day. The main-level primary suite offers a spa-inspired bath featuring a soaking tub, walk-in shower, and custom closet. A private study, powder bath, and mudroom are conveniently located on the main level. Upstairs, you'll find a flex room-perfect for movie nights, hobbies or a home gym-along with a junior suite and two additional guest rooms that share a Jack-and-Jill bath. With a 3-car garage, hardwood floors, and designer finishes, this home is luxurious yet perfectly livable for every stage of life. Just minutes from award-winning golf courses, constant-level Lake LBJ, and resort amenities, 604 Apache Tears offers the best of Horseshoe Bay living.
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| Jul 1, 2025 | No longer available | - | |
| No longer available | |||
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About Horseshoe Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017