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705 Fallow
About This Property
Located just minutes from the Horseshoe Bay Jet Center, this property provides quick access for those who value both luxury and lifestyle. Residents of Horseshoe Bay enjoy resort-style amenities, including multiple championship golf courses, a private marina, lake access on Lake LBJ, tennis and pickleball facilities, swimming pools, fine dining, and scenic trails surrounded by Hill Country beauty.
Whether you're envisioning a weekend getaway or a forever home, this property puts you close to all the best Horseshoe Bay has to offer, gorgeous lakeside views and peaceful hilltop sunsets just an hour west of Austin.
Owner financing is available, making it easier than ever to secure your piece of the Horseshoe Bay lifestyle!
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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 |
|---|---|---|---|
| Apr 23, 2026 | Price Decreased |
$14,500
↓ $4K
(19.4%) | |
| Price Decreased | |||
| Jan 14, 2026 | Price Decreased |
$18,000
↓ $500
(2.7%) | |
| Price Decreased | |||
| Oct 20, 2025 | Listed by Land Unlimited | $18,500 | |
| Listed by Land Unlimited | |||
| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
| Mar 30, 2023 | Listed by JBGoodwin REALTORS WC | $32,000 | |
| Listed by JBGoodwin REALTORS WC | |||
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Nestled within the tranquil Horseshoe Bay Proper neighborhood, this exquisite 0.222-acre lot boasts a gentle slope and is situated at the end of a peaceful cul-de-sac. Experience the breathtaking beauty of the Hill Country as you immerse yourself in the captivating vistas that surround you. Take leisurely strolls along nearby trails or partake in some tranquil fishing at the picturesque Slick Rock Creek, all just moments away from your future doorstep.
Conveniently positioned near the prestigious Slick Rock Golf Course and the luxurious Horseshoe Bay Resort, this exceptional lot offers easy access to the finest amenities the area has to offer. Whether you envision a permanent residence or a weekend escape, this prime location provides an unparalleled setting for enjoying the iconic hill country sunrises and sunsets that stretch across the rolling hills.
Seize this extraordinary opportunity to transform your dream home into a reality amidst the natural splendor and charm of the Horseshoe Bay community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017