Welcome to Unit 801 at Cape Terrace, a beautifully furnished waterfront condo in the heart of Horseshoe Bay on the shores of Lake LBJ. This single-level 2-bedroom residence offers breathtaking views of Lake LBJ and the Horseshoe Bay Marina with water views showcased from nearly every room. The spacious open living and dining area flows seamlessly to a fabulous covered lakeside patio, creating the perfect setting for morning coffee, evening sunsets, and effortless indoor-outdoor living. Located on the first floor for easy access, this turnkey condo includes an assigned parking space conveniently located directly in front of the unit. The private day dock just steps from the patio makes enjoying lake life simple and convenient. Situated within a gated community and just moments from Horseshoe Bay Resort amenities, Cape Terrace also allows short-term rentals, making this an outstanding opportunity for personal enjoyment, weekend escapes, or income-producing investment potential. Waterfront living, resort convenience, and lock-and-leave ease all come together in this exceptional Lake LBJ property.
77 days
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114
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Zillow last checked:
Listing updated:
Listed by:
Alyssa Bilnoski512-316-8386,
Horseshoe Bay ONE Realty,
Patricia Gillean512-585-1267,
Horseshoe Bay ONE Realty
Source: HLMLS as distributed by MLS GRID,MLS#: 178065
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Rooms
Room types: Dining Room, 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, Washer Hookup, Electric Water Heater, Cooktop
Features
Breakfast Bar, Pantry
Flooring: Tile
Number of fireplaces: 1
Fireplace features: One
Interior area
Total structure area: 923
Total interior livable area: 923 sqft
Property
Features
Levels: One
Stories: 1
Patio & porch: Covered
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Open Water, Yes/Other
Frontage length: 0
Details
Parcel number: 023678
Construction
Type & style
Home type: Condo
Architectural style: Other
Property subtype: Condominium, Residential
Materials
Wood Siding, HardiPlank Type, Stone
Foundation: Slab
Roof: Tile
Condition
Year built: 1986
Utilities & green energy
Green energy
Energy efficient items: Ceiling Fan(s)
Community & HOA
Community
Security: Smoke Detector(s)
Subdivision: Horseshoe Bay P
HOA
Has HOA: Yes
Services included: Sewer, Trash, Water
HOA fee: $188 monthly
Location
Region: Horseshoe Bay
Financial & listing details
Price per square foot: $596/sqft
Tax assessed value: $357,470
Annual tax amount: $5,449
Date on market: 5/22/2026
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/22/2026
Listed for sale
$550,000$596/sqft
Source: HLMLS as distributed by MLS GRID #178065Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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