Discover a prime investment opportunity with this 2-bedroom, 2.5-bath home featuring a detached garage with a 1-bedroom, 1-bath apartment—all located on the coveted controlled level Lake LBJ! Nestled on a generous 1.7-acre lot, the property boasts a peaceful private pond fed by the lake, offering a serene backdrop for outdoor relaxation. Conveniently located near LBJ Marina and Horseshoe Bay Resort (membership required), you’ll enjoy easy access to the vibrant lake lifestyle full of recreation and entertainment. This home is also short-term rental friendly, making it an ideal option for investors looking to capitalize on the booming vacation rental market. Don’t miss this rare opportunity to own your slice of Lake LBJ paradise—schedule your showing today!
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4842 W FM 2147, Horseshoe Bay, TX 78657
3beds
2,594sqft
Single Family Residence, Residential
Built in 1970
1.7 Acres Lot
$813,800 Zestimate®
$--/sqft
$2,729 Estimated rent
Home value
$813,800
$700,000 - $952,000
$2,729/mo
Zestimate® history
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List your homeWhat's special
Detached garageControlled level lake lbjPeaceful private pond
Zillow last checked:
Listing updated:
Listed by:
Kale G Stephens 512-550-3624,
Horseshoe Bay Living 2, LLC
Bought with:
Kourtni Ince, 0751583
eXp Realty, LLC
Source: HLMLS as distributed by MLS GRID,MLS#: 173897
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Cooktop
Features
- Flooring: Carpet, Hard Tile
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total structure area: 2,594
- Total interior livable area: 2,594 sqft
Property
Parking
- Total spaces: 4
- Parking features: 2 Car Attached Garage, 2 Car Carport
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Pond, Lake LBJ
- Frontage length: 0
Lot
- Size: 1.7 Acres
Details
- Parcel number: 008405
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Slab
Condition
- Year built: 1970
Community & HOA
Community
- Subdivision: Castle Acres
HOA
- Has HOA: No
- Amenities included: Marina
- Services included: None
Location
- Region: Horseshoe Bay
Financial & listing details
- Tax assessed value: $898,451
- Date on market: 6/17/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | -- |
Source:  HLMLS as distributed by MLS GRID #173897 Report a problem | ||
| 7/17/2025 | Pending sale | $854,000$329/sqft |
Source:  Unlock MLS #4327035 Report a problem | ||
| 7/11/2025 | Price change | $854,000-5.1%$329/sqft |
Source:  Central Texas MLS #583463 Report a problem | ||
| 6/17/2025 | Listed for sale | $900,000$347/sqft |
Source: Unlock MLS #4327035 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $898,451 +10.7% |
| 2024 | $10,326 +22.3% | $811,897 +20% |
| 2023 | $8,440 -5.1% | $676,581 +10.7% |
| 2022 | $8,895 +11.7% | $611,114 +16.7% |
| 2021 | $7,966 | $523,678 +9.7% |
| 2020 | -- | $477,557 +0.5% |
| 2019 | $7,635 | $475,416 +11.3% |
| 2017 | -- | $427,078 +5.7% |
| 2016 | -- | $404,150 |
| 2015 | -- | $404,150 +2.1% |
| 2014 | -- | $395,908 -2.8% |
| 2012 | -- | $407,501 |
| 2011 | -- | $407,501 |
| 2010 | -- | $407,501 |
| 2009 | -- | $407,501 +145.7% |
| 2008 | -- | $165,869 |
| 2007 | -- | $165,869 |
Find assessor info on the county website
Neighborhood: 78657
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Nearby schools
GreatSchools rating
- 4/10Packsaddle Elementary SchoolGrades: PK-5Distance: 8.9 mi
- 6/10Llano Junior High SchoolGrades: 6-8Distance: 22.5 mi
- 6/10Llano High SchoolGrades: 9-12Distance: 22.8 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$813,800
2% more
+$16,276
With Zillow Showcase(estimated)
$830,076
- Texas
- Llano County
- Horseshoe Bay
- 78657
- 4842 W FM 2147
Nearby cities
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