$253,227*
●
Condo -
Off Market
605 Port #3
Horseshoe Bay, TX 78657
2 Beds
2 Baths
1,349 Ft²
$203,000 - $247,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Nestled in the heart of Horseshoe Bay, this condo is great for
personal use or as an investment. With only 6 units, you will have
the feeling of a private residence with the low-maintenance perks
of a condo regime. The unit is being offered fully furnished.
The location offers easy access to Lake LBJ, The Yacht Club,
Marina, Spa, and many other amenities the Horseshoe Bay Resort has
to offer. Generate income by putting it in a vacation rental pool
as short-term rentals are allowed. Horseshoe Bay on Lake LBJ is in
the heart of the Texas Hill Country! Only 90 miles from San
Antonio, 45 Minutes to Austin and easily accessible worldwide from
Horseshoe Bay's Jet Center. (Membership is required to enjoy the
Resort amenities).
The manager has listed the unit size as 1349 square feet.
The manager has listed the unit size as 1349 square feet.
Unit Size
1,349 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Price Decreased |
$399,000
↓ $30K
(7%) | |
| Price Decreased | |||
| Apr 14, 2025 | Listed | $429,000 | |
| Listed | |||
   | |||
|
Well appointed condo in one of the best locations in the core of Horseshoe Bay. This 1st floor unit has direct access out the back doors to the common areas and pool. Walk to the Resort Hotel, White Water putting course, 360 Sports Club, Waterfront Restaurant, Floating Pool, Spa, Marina, and Yacht Club in just a few minutes. Membership in Horseshoe Bay Resort is required to enyoy the many amenities available. Pool and common areas are completely fenced with landscaping for privacy. Priced furnished with a few exceptions. Short term rentals are allowed.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
With View
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/14/2025
|
2 Bed
|
2 Bath
|
1349 ft²
|
$429,000
2 Bed
2 Bath
1349 ft²
|
$399,000
-6.99%
04/14/2025
|
Jarrett Bates
Keller Williams - Lake Travis
| |
|
04/10/2024
|
2 Bed
|
2 Bath
|
1344 ft²
|
$469,000
2 Bed
2 Bath
1344 ft²
|
$435,000
-7.25%
04/10/2024
|
Brady Anders
Anders Realty
| |
|
10/12/2023
|
2 Bed
|
2 Bath
|
1344 ft²
|
$429,000
2 Bed
2 Bath
1344 ft²
|
-
-
|
Stacy Thrash
JBGoodwin REALTORS NW
| |
|
07/19/2021
|
2 Bed
|
2 Bath
|
1349 ft²
|
$375,000
2 Bed
2 Bath
1349 ft²
|
-
-
|
Kathleen Kokernot
Kuper Sotheby's Int'l Realty
| |
|
05/17/2020
|
2 Bed
|
2 Bath
|
1349 ft²
|
$265,000
2 Bed
2 Bath
1349 ft²
|
-
-
|
-
| |
|
05/14/2020
|
2 Bed
|
3 Bath
|
1384 ft²
|
$240,000
2 Bed
3 Bath
1384 ft²
|
-
-
|
-
| |
|
03/22/2020
|
2 Bed
|
2 Bath
|
1349 ft²
|
$225,000
2 Bed
2 Bath
1349 ft²
|
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-
|
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|
Building Info
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