ActiveResidential · sale

96 Island Drive 12

Horseshoe Bay, TX 78657

$620,000

  • 2 beds
  • 2 baths
  • 1,251 sq ft
  • Built 2007

Listed by Epique Realty LLC · MLS #623075

96 Island Drive 12, Horseshoe Bay, TX 78657 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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96 Island Drive 12, Horseshoe Bay, TX 78657 · MLS #623075

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Rare first-floor corner opportunity at The Waters at Horseshoe Bay, offering Lake LBJ views, an oversized private balcony and effortless lock-and-leave lake living.

Year built

Built in 2007.

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.

FIRST-FLOOR + CORNER + LAKE LBJ + WATER VIEW + STR POTENTIAL + FURNISHINGS at The Waters at Horseshoe Bay! Rare first-floor corner opportunity at The Waters at Horseshoe Bay, offering Lake LBJ views, an oversized private balcony and effortless lock-and-leave lake living. This 2-bedroom, 2-bath condo offers something especially valuable for weekend owners and guests PLUS easy first-floor access without sacrificing the lake lifestyle. This condo offers a beautiful view of Lake LBJ, an oversized private balcony, and a prime location for enjoying everything Horseshoe Bay has to offer. This unit features 2 bedrooms and 2 full bathrooms. You can use this condo as a primary residence, weekend getaway, or investment property with short-term rental potential for investors. Enjoy indoor/outdoor living with a spacious balcony overlooking the lake. The condo can also be sold fully furnished, making it easy to start enjoying the lake lifestyle right away. Residents of The Waters enjoy access to community amenities including a recently updated pool area with a new hot tub and outdoor kitchen, lake access, and shared dock. Dining and additional recreational amenities are conveniently located nearby. Owners may also have the option to purchase a separate Horseshoe Bay Resort membership, providing access to additional resort amenities and privileges based on membership level, which may include golf courses, marina facilities, tennis court, spa services, the Yacht Club, and additional dining options. Whether you're looking for a full-time lakefront home, a lock-and-leave getaway, or an investment opportunity, this Lake LBJ corner condo offers an incredible opportunity to enjoy the Horseshoe Bay lifestyle. Schedule your private showing today!
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THE NEIGHBORHOOD

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96 Island Drive 12, Horseshoe Bay, TX 78657

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2007
Full baths
2
Half baths
0
Garage spaces
1
Cooling
CentralAir,OneUnit
Heating
Electric
Appliances
Dryer,Dishwasher,ElectricRange,Disposal,Refrigerator,RangeHood,VentedExhaustFan,Washer,SomeElectricAppliances,Cooktop,Microwave,Range
Flooring
Carpet,Laminate
Utilities
CableAvailable,HighSpeedInternetAvailable
Exterior
Balcony,Dock,Elevator,OutdoorGrill,Storage,WaterFeature
Fencing
None
Pool features
Community,InGround
Spa
Yes
Subdivision
The Waters At Horseshoe Bay Re
Parcel
63989
HOA
The Waters Condominium
HOA fee frequency
Monthly
HOA fee
$725.00

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—
Estimated monthly rent$2,583.33
Cap rate—

Annual operating income: —

HOA: Includes $725.00 per month in HOA dues, converted from the $725.00 monthly 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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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.

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  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
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Listing information

MLS #623075 · Central Texas MLS

Listing brokerage: Epique Realty LLC
Listing agent: Veronica Bradley

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