ActiveResidential · sale

704 Horseshoe Bay

Horseshoe Bay, TX 78657

$440,000

  • 4 beds
  • 5 baths
  • 1,820 sq ft
  • 0.02 acres
  • Built 1980

Listed by Watters International Realty · MLS #ACT3241602

704 Horseshoe Bay, Horseshoe Bay, TX 78657 — photo 1 View full photo
1 / 39

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Enjoy waterfront views from the balcony and the convenience of both car and golf cart garage parking.

Year built

Built in 1980.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Waterfront views, short-term rental approval, and an unbeatable Horseshoe Bay location make this 4-bedroom, 5-bath townhome an exceptional opportunity for both personal enjoyment and investment. Offering 1,820 sq ft of well-designed living space, this property features two private patios and is within walking distance to marinas, dining, golf, and the Horseshoe Bay Resort.

The open-concept floor plan includes two primary suites—one conveniently located on the main level and a second private suite on the third floor—providing flexibility and privacy for guests. The galley-style kitchen is appointed with granite countertops, two breakfast bars, glass tile backsplash, and stainless-steel appliances, opening seamlessly to the spacious living area with hardwood and tile flooring.

Recent updates over the past three years (excluding one bedroom) add modern finishes and a fresh, contemporary feel throughout. Enjoy waterfront views from the balcony and the convenience of both car and golf cart garage parking. All furnishings convey, making this property truly turn-key.

Located in the heart of the Horseshoe Bay resort area, residents and guests enjoy access to a wide array of amenities and activities, including the iconic European-style floating pool.
Take a virtual tourExplore the locationMore properties in Horseshoe Bay

THE NEIGHBORHOOD

Explore the location.

704 Horseshoe Bay, Horseshoe Bay, TX 78657

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1980
Full baths
5
Half baths
0
Garage spaces
1
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Electric Water Heater
Flooring
Carpet, Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Tall Timbers
Parcel
12225150520L0
HOA
Horseshoe Bay POA
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Llano
Middle school
Llano
High school
Llano
Annual property tax
$6,218.00
HOA fee
$250.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$567.50
Estimated monthly rent$1,833.33
Cap rate1.80%

Annual operating income: $7,909.97

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

704 Horseshoe Bay, Horseshoe Bay, TX 78657 · MLS #ACT3241602

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Horseshoe Bay.

306 Out Yonder$165,000306 Out YonderHorseshoe Bay, TX104 Big Spur South #13$315,000104 Big Spur South #13Horseshoe Bay, TX1210 Hi Stirrup #206$162,0001210 Hi Stirrup #206Horseshoe Bay, TX

Listing information

MLS #ACT3241602 · Austin Board of Realtors

Listing brokerage: Watters International Realty
Listing agent: Chris Watters

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.