ActiveResidential · sale

509 HI CIR N

Horseshoe Bay, TX 78657

$1,630,000

  • 4 beds
  • 6 baths
  • 2,252 sq ft
  • 0.08 acres
  • Built 1981

Listed by Reese Monroe Realty · MLS #1992681

509 HI CIR N, Horseshoe Bay, TX 78657 — photo 1 View full photo
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509 HI CIR N, Horseshoe Bay, TX 78657 · MLS #1992681

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The spacious primary suite features a private balcony overlooking the water, providing the perfect place to enjoy your morning coffee or unwind as the sun sets over the cove.

Year built

Built in 1981.

Property size

0.08 acres listed.

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

THE PROPERTY

Get to know the property.

Welcome to 509 Hi Circle N, Unit B, where modern luxury meets effortless lake living. Nestled within a protected cove in the Heart of Horseshoe Bay Resort, this exceptional 4-bedroom, 3 full bath, 3 half bath waterfront residence offers the perfect blend of luxury, recreation, and investment potential. Fully furnished and move-in ready, this turnkey home features an established Airbnb rental history, making it an ideal opportunity for those seeking a luxury lake retreat or an income-producing investment. The open-concept floor plan is filled with natural light and showcases high-end finishes, expansive windows overlooking the water, a gourmet kitchen with quartz countertops, custom cabinetry, stainless steel appliances, a built-in oven and microwave, and an oversized island that seamlessly flows into the living and dining areas. The spacious primary suite features a private balcony overlooking the water, providing the perfect place to enjoy your morning coffee or unwind as the sun sets over the cove. Thoughtfully designed guest accommodations offer plenty of space for family and friends, making this home ideal for entertaining or hosting vacation guests. The outdoor living spaces truly steal the show. Multiple covered balconies overlook the protected cove, leading down to an oversized waterfront patio designed for entertaining. A unique spiral staircase seamlessly connects the upper balcony to the outdoor living area below, while the private double-slip boat dock offers direct access to Lake LBJ for boating, fishing, paddleboarding, or simply enjoying the waterfront lifestyle. Located just minutes from Horseshoe Bay Resort's championship golf courses, marina, dining, and world-class amenities, this home offers the best of resort-style lake living. Whether you're searching for a full-time residence, weekend getaway, or turnkey investment property, 509 Hi Circle N, Unit B delivers an exceptional opportunity to own a fully furnished waterfront home with an established Airbnb rental history in one of Texas' premier lake communities.
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THE NEIGHBORHOOD

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509 HI CIR N, 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
3
Half baths
3
Cooling
Two Central
Heating
Central
Flooring
Vinyl
Exterior
Stucco
Pool features
None
Subdivision
HORSESHOE BAY PROPER
Parcel
12133
HOA
HORSESHOE BAY PROPERTY OWNERS' ASSOCIATION
HOA amenities
Waterfront Access, Pool, Tennis, Golf Course, Clubhouse, Park/Playground, Jogging Trails, Boat Ramp, Boat Dock
Elementary school
Packsaddle Elementry
Middle school
Marble Falls Mid
High school
Marble Falls High
Annual property tax
$8,458.00
HOA fee
$360.00

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$4,218.59
Estimated monthly rent$6,791.67
Cap rate3.36%

Annual operating income: $54,698.03

HOA: The listing source reports a $360.00 HOA fee, but not a usable payment frequency. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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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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  1. Understand the opportunity.

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  2. Make a strong first impression.

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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 #1992681 · San Antonio Board of Realtors

Listing brokerage: Reese Monroe Realty
Listing agent: John Lopez

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