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Keenan Group#1 Austin Board of Realtors Team 2024

$224,900

1Beds
1Baths
759Sq Ft
Pending

1001 The Cape Rd Unit #16, Horseshoe Bay, TX 78657

Reduced 22%$289,900
Horseshoe Bay·MLS# 7304241·Built 2006

1 bed, 1 bath, 759 sqft in Horseshoe Bay. Horseshoe Bay, TX 78657. $224,900. Llano ISD.

About This Home

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.

Property Type
Residential
Year Built
2006
Price / Sq Ft
$296
HOA
$725/mo

Listing information last updated September 29, 2026.

Listed by eXp Realty LLC

MLS# 7304241 • Pending

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Breakfast Bar
Ceiling Fan(s)
Ceiling-High
Quartz Counters
Crown Molding
Double Vanity

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Ceiling-High
  • Quartz Counters
  • Crown Molding
  • Double Vanity
  • High Speed Internet
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Stackable W
  • D Connections

Appliances

  • Dishwasher
  • Disposal
  • Electric Range
  • Exhaust Fan
  • Microwave
  • Electric Oven
  • Free-Standing Refrigerator
  • Self Cleaning Oven
  • Stainless Steel Appliance(s)
  • Vented Exhaust Fan
  • Washer
  • Dryer Stacked
  • Electric Water Heater

Flooring

  • Carpet
  • Tile
  • Wood
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air,Electric
Exterior & Lot

Features

  • Balcony

Construction

  • Stone
  • Stucco

Lot Features

  • Landscaped
  • Sprinkler - Automatic
  • Views

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
  • Rear Porch
Roof
Metal

Parking

  • Assigned
  • Covered
  • Reserved

Waterfront

  • Lake Front
Financial
HOA Fee
$725 / mo
Original List Price
$289,900
Price per Sq Ft
$296
Utilities
  • Cable Available
  • Electricity Connected
  • High Speed Internet
  • Phone Available
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1001 The Cape RD Unit #16, whoever represented it.

  1. PendingListed 2026
    Current price: $224,900Original list: $289,900MLS 7304241
    1. Price changed · May 27, 2026$260,000
    2. Price changed · August 20, 2026$249,000
    3. Price changed · September 23, 2026$224,900

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Pending with current price, original ask, and market time.

View Timeline
Current list
$224,900
Original list
$289,900
Price movement
$65K reduction
Listed / DOM
Feb 3, 2026 · 254 days

Virtual Tour

Virtual tour of 1001 The Cape Rd Unit #16
Map showing 1001 The Cape RD Unit #16
1001 The Cape RD Unit #16
Directions

Zoned Schools

Llano ISD

1 High School1 Middle School1 Elementary School

Llano

High SchoolGrades 9-12Zoned assignment

Llano

Middle SchoolGrades 6-8Zoned assignment

Packsaddle

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$1,246
HOA dues
$725

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T11:57:06.343+00:00; normalized from monthly dues.

20% ($45K)

Adjustable assumption - not a lending recommendation.

$224,900

Loan: $180K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.

List price

$224,900

Price per sqft

$296/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

254 days

Original to current

$65K reduction

$289.9K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 1001 The Cape Rd Unit #16?

1001 The Cape Rd Unit #16 is listed at $224,900 with 1 bedrooms, 1 full bathrooms, 759 square feet.

What school district is 1001 The Cape Rd Unit #16 in?

1001 The Cape Rd Unit #16 is zoned for Llano ISD with assigned schools: Packsaddle (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.

What are the property details for 1001 The Cape Rd Unit #16?

1001 The Cape Rd Unit #16 is a Residential built in 2006 featuring 1 bedrooms, 1 full bathrooms, 759 square feet.

What are the property taxes for 1001 The Cape Rd Unit #16?

The most recent annual property tax for 1001 The Cape Rd Unit #16 is $5,373. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1001 The Cape Rd Unit #16?

This page does not assume a mortgage rate or publish a monthly payment for 1001 The Cape Rd Unit #16. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1001 The Cape Rd Unit #16 compare with other homes in Horseshoe Bay?

As of Oct 15, 2026, 1001 The Cape Rd Unit #16 is offered at $224,900. The current MLS snapshot shows 138 active listings in 78657.

What is the water access at 1001 The Cape Rd Unit #16?

The MLS listing marks 1001 The Cape Rd Unit #16 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 1001 The Cape Rd Unit #16?

The MLS listing reports HOA or association dues of $725 monthly for 1001 The Cape Rd Unit #16. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Horseshoe Bay

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 6:57:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 6:57:06 AM

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