ActiveResidential · sale

1101 The Cape Rd #2

Horseshoe Bay, TX 78657

$875,000

  • 2 beds
  • 3 baths
  • 1,234 sq ft
  • 0.02 acres
  • Built 1981

Listed by Horseshoe Bay Resort Realty · MLS #ACT3219184

1101 The Cape Rd #2, Horseshoe Bay, TX 78657 — photo 1 View full photo
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1101 The Cape Rd #2, Horseshoe Bay, TX 78657 · MLS #ACT3219184

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Step outside to the large private deck overlooking Lake LBJ, the perfect setting for morning coffee, sunset cocktails, or hosting friends and family.

Year built

Built in 1981.

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.

Luxury waterfront living on The Cape, one of Horseshoe Bay's most exclusive gated waterfront communities, ideally located next door to the Yacht Club and just moments from premier resort amenities, dining, golf, and marina activities. Completely remodeled from top to bottom, this stunning Lake LBJ waterfront residence offers a rare opportunity to purchase a truly turnkey lake property where everything has already been done for you. Simply bring your bathing suit and start enjoying the lake lifestyle. Goodbye 1981 - this residence has been thoughtfully transformed with high-end finishes and timeless design throughout. The beautiful interior features white oak flooring, premium natural quartzite countertops, a built-in Sub-Zero refrigerator, Verona Italian-designed appliances, modern floating bathroom vanities, and a premium Miele washer and dryer. Designed for effortless entertaining and lake living, the spacious floor plan comfortably accommodates family and guests while maximizing comfort and functionality. Step outside to the large private deck overlooking Lake LBJ, the perfect setting for morning coffee, sunset cocktails, or hosting friends and family. Complete with a built-in gas grill and beautiful lake views, the outdoor living space seamlessly extends the home's entertaining capabilities. Offered fully furnished with stylish furnishings and decor, this residence is ready for immediate enjoyment from day one. The sale also includes an assigned covered parking space, assigned covered deeded boat slip, multiple storage areas, furnishings, and even the boat, creating one of the most complete waterfront packages currently available on Lake LBJ. This property also provides a front-row seat to The Club's renowned fourth of July fireworks celebration. Whether you're searching for a full-time residence, weekend getaway, or lock-and-leave waterfront retreat, this move-in-ready property delivers luxury, convenience, and the ultimate Lake LBJ lifestyle.
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THE NEIGHBORHOOD

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1101 The Cape Rd #2, Horseshoe Bay, TX 78657

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1981
Full baths
2
Half baths
1
Garage spaces
1
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Built-In Electric Oven, Built-In Freezer, Built-In Oven(s), Built-In Refrigerator, Electric Cooktop, ENERGY STAR Qualified Water Heater, Exhaust Fan, Electric Oven, Double Oven, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
Flooring
Wood
Fencing
See Remarks
Accessibility
See Remarks
Pool features
None
Subdivision
Horseshoe Bay
Parcel
1205000490020
HOA
Sheltered Harbor
HOA amenities
See Remarks, Common Area Maintenance, Insurance, Maintenance Grounds, Trash
HOA fee frequency
Quarterly
Elementary school
Llano
Middle school
Llano
High school
Llano
Annual property tax
$8,022.15
HOA fee
$1,601.60

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$1,431.99
Estimated monthly rent$3,645.83
Cap rate2.21%

Annual operating income: $19,371.38

HOA: Includes $533.87 per month in HOA dues, converted from the $1,601.60 quarterly fee reported by the listing source.

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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

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  3. Stay connected to your investment.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #ACT3219184 · Austin Board of Realtors

Listing brokerage: Horseshoe Bay Resort Realty
Listing agent: Jeramy McMahon

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