Positioned on 100 feet of prime open waterfront along the shores of Lake LBJ in a gated community, this exceptional residence presents a rare opportunity to create a spectacular luxury lakefront retreat. Encompassing approximately 4,340 square feet, the two-story home offers an outstanding floor plan with three bedrooms, three and a half baths, three spacious living areas, and an elevator providing convenient access to both levels. Designed to embrace the stunning waterfront setting, expansive windows frame breathtaking open water views throughout the main living areas. The kitchen flows into a charming fireside sitting room, creating an inviting gathering space, while rich hardwood floors, generous room sizes, and abundant storage provide an exceptional foundation for updating. Covered and open lakeside patios invite year-round outdoor living, offering the perfect setting for morning coffee and sunset cocktails with family and friends. A private boat dock with boat lift provides effortless access to boating, fishing, and all that Lake LBJ has to offer. With the combination of its premier location, 100 feet of coveted waterfront, panoramic open water views, spacious 4,340-square-foot floor plan, elevator, hardwood floors, and outstanding lakeside amenities make this an extraordinary opportunity to personalize and create one of the area's most impressive waterfront residences within easy walking distance to resort amenities. Opportunities like this are increasingly rare on Lake LBJ.
For sale
$3,400,000
1303 The Cape, Horseshoe Bay, TX 78657
3beds
4,340sqft
Single Family Residence, Residential
Built in 1991
6,534 Square Feet Lot
$-- Zestimate®
$783/sqft
$179/mo HOA
What's special
Rich hardwood floorsPanoramic open water viewsThree bedroomsGenerous room sizesAbundant storageInviting gathering space
- 39 days
- 358
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Patricia Gillean 512-585-1267,
Horseshoe Bay ONE Realty
Source: HLMLS as distributed by MLS GRID,MLS#: 178819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Dryer, Disposal, Ice Maker, Microwave, Built-In Refrigerator, Washer, Washer Hookup, Electric Water Heater, Cooktop, Wall Oven
Features
- Sound System, Crown Molding, Sink - Pedestal, Recessed Lighting, Solid Surface Counters
- Flooring: Carpet, Hardwood, Tile
- Number of fireplaces: 2
- Fireplace features: Two
Interior area
- Total structure area: 4,340
- Total interior livable area: 4,340 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Attached Garage, Front Entry
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Covered, Enclosed, Patio, Screened, Deck
- Exterior features: Balcony
- Fencing: Wrought Iron,Partial
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Open Water, Lake LBJ
- Frontage length: 101
Lot
- Size: 6,534 Square Feet
- Dimensions: 28 x 114 x 13 x 88 x 96
- Features: Landscaped
Details
- Parcel number: 034350
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Stucco
- Foundation: Slab
Condition
- Year built: 1991
Utilities & green energy
Green energy
- Energy efficient items: Zoned
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Horseshoe Bay P
HOA
- Has HOA: Yes
- Amenities included: Green Belt
- Services included: Management, Road Maintenance
- HOA fee: $2,147 annually
Location
- Region: Llano
Financial & listing details
- Price per square foot: $783/sqft
- Tax assessed value: $3,824,450
- Annual tax amount: $7,516
- Date on market: 7/22/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $3,400,000$783/sqft |
Source:  HLMLS as distributed by MLS GRID #178819 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,516 +10.3% | $2,394,908 +10% |
| 2024 | $6,817 +7.1% | $2,177,189 +10% |
| 2023 | $6,367 -28.2% | $1,979,263 +10% |
| 2022 | $8,868 +3.1% | $1,799,330 +7.3% |
| 2021 | $8,599 +4% | $1,676,477 +10% |
| 2020 | $8,269 | $1,524,070 +0.6% |
| 2019 | -- | $1,514,310 +1.6% |
| 2018 | $21,754 | $1,491,100 +4.5% |
| 2017 | -- | $1,427,340 +4.8% |
| 2016 | -- | $1,361,980 +0.2% |
| 2015 | -- | $1,359,220 |
| 2014 | -- | $1,359,220 +0.4% |
| 2013 | -- | $1,354,320 |
| 2012 | -- | $1,354,320 |
| 2011 | -- | $1,354,320 |
| 2010 | -- | $1,354,320 |
| 2009 | -- | $1,354,320 +22% |
| 2008 | -- | $1,109,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78657
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