Fully furnished and truly turnkey, this first-floor waterfront condo in the heart of Horseshoe Bay Resort offers the perfect blend of relaxed lake living and income-producing potential. Located in the desirable Waters community, owners enjoy private amenities including a resort-style pool, day docks, lakeside and poolside grilling areas, a reserved parking space, and locked storage. Designed for effortless ownership, this inviting waterfront condo is ideal for weekend escapes, full-time living, or short- and long-term rental use. Just steps from the Horseshoe Bay Resort Yacht Club and nearby resort amenities (membership required), the location offers both convenience and lifestyle. Inside, 10-foot ceilings and expansive windows fill the space with natural light, while warm hardwood floors anchor the open living and dining areas. The living room features a sleeper sofa for guests and opens to a private patio with beautiful views of the Lighthouse and open water. The fully updated kitchen is equipped with stainless steel appliances, new cabinetry, quartz countertops, and comes fully stocked with cookware, tableware, and small appliances, making this condo move-in ready from day one. Whether you’re seeking a low-maintenance waterfront retreat or a smart investment, this property offers easy lake living in one of the most scenic settings in the Texas Hill Country. Don’t miss your opportunity to own a piece of Horseshoe Bay lake living. BUYERS INCENTIVE! NO HOA DUES FOR THE FIRST YEAR.
For sale
Price cut: $29.9K (5/27)
$260,000
1001 The Cape #16, Horseshoe Bay, TX 78657
1beds
759sqft
:
Get pre-qualified$2,480/mo
Condominium, Residential
Built in 2006
-- sqft lot
$-- Zestimate®
$343/sqft
$725/mo HOA
What's special
First-floor waterfront condoDay docksWarm hardwood floorsStainless steel appliancesQuartz countertopsNew cabinetryFully updated kitchen
- 186 days |
- 155 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Valerie Kelly 830-613-9341,
Kelly Realty Team - eXp Realty,
Patrick Kelly 210-240-3042,
Kelly Realty Team - eXp Realty
Source: HLMLS as distributed by MLS GRID,MLS#: 176360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Kitchen, Living Room, Utility Room Inside, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Crown Molding, Recessed Lighting, No Steps to Entry, Quartz Countertops
- Flooring: Carpet, Hard Tile, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 759
- Total interior livable area: 759 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: Community, In Ground
- Fencing: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Open Water, Lake LBJ
- Frontage length: 0
Details
- Parcel number: 057659
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
Materials
- Wood Siding, Stone, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2006
Utilities & green energy
Green energy
- Energy efficient items: Ceiling Fan(s)
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Waters, The (HSB)
HOA
- Has HOA: Yes
- Amenities included: Pool
- Services included: Trash
- HOA fee: $725 monthly
Location
- Region: Horseshoe Bay
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $401,463
- Annual tax amount: $5,373
- Date on market: 2/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $260,000-10.3%$343/sqft |
Source:  HLMLS as distributed by MLS GRID #176360 Report a problem | ||
| 2/3/2026 | Listed for sale | $289,900$382/sqft |
Source: HLMLS as distributed by MLS GRID #176360 Report a problem | ||
| 10/1/2018 | Sold | -- |
Source: HLMLS as distributed by MLS GRID #144819 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,373 -4.4% | $401,463 -5.8% |
| 2024 | $5,619 +3.2% | $426,310 +4.6% |
| 2023 | $5,447 +51.9% | $407,560 +73.2% |
| 2022 | $3,586 | $235,270 +9.1% |
| 2021 | -- | $215,620 +5.2% |
| 2020 | $3,306 | $204,890 +1.7% |
| 2019 | -- | $201,530 +21.5% |
| 2018 | $2,871 | $165,930 +5.1% |
| 2017 | -- | $157,870 +2.9% |
| 2016 | -- | $153,360 +2.9% |
| 2015 | -- | $149,020 |
| 2014 | -- | $149,020 |
| 2013 | -- | $149,020 -11.8% |
| 2012 | -- | $168,980 -4.5% |
| 2011 | -- | $177,000 +27.7% |
| 2010 | -- | $138,630 -32.3% |
| 2009 | -- | $204,900 -16.6% |
| 2008 | -- | $245,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78657
Nearby schools
GreatSchools rating
- 4/10Packsaddle Elementary SchoolGrades: PK-5Distance: 8.5 mi
- 6/10Llano Junior High SchoolGrades: 6-8Distance: 22.6 mi
- 6/10Llano High SchoolGrades: 9-12Distance: 22.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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