3 bed, 2 bath, 1,602 sqft in Horseshoe Bay. Horseshoe Bay, TX 78657. $1,170,000. Llano ISD.
About This Home
Waterfront Condo! Waterfront Views Perfect for the Winter Texans. Join the Resort Membership, and get access to the resort’s amenities including yacht club, golf courses, marina, tennis courts, spa, and six restaurants. Enjoy easy access to boating, fishing, swimming, restaurants, shopping, & more! LOCATION Doesn't get much better than this with East Rising Sunset Views as Well as Sunsets over the water from the Relaxing private balcony that overlooks the Lake LBJ W/ luxury finish out. Horseshoe Bay Resort is one of the most popular premier resort destinations in Texas and demand for vacation rentals is high. Highly sought after building Right next the Yacht Club in The Waters at Horseshoe Bay Resort. Amenities, including a tropical pool & barbecue area. A Upgraded and Stunning Unit with updated kitchen with new Taj Mahal Quartzite counters, New Convection Microwave, Crown Molding and designer paint thru out and So Much More.
Wake up to the sound of Lake LBJ lapping against the shoreline from your private balcony at 1001 The Cape Road, Unit 32 in Horseshoe Bay. This waterfront condominium sits steps from the Yacht Club at The Waters at Horseshoe Bay Resort, where the boundary between your home and the water blurs into pure serenity. At $1.18M, the 1,602-square-foot layout delivers three bedrooms and two full baths across a single level, meaning no interior steps interrupt the flow from kitchen to lake view.
The sensory pull of this location is immediate. Morning light floods across Lake LBJ from the east, while sunset colors deepen over the water from your balcony. The breeze carries that distinctive cool edge of deep water and cedar-lined shores. Inside, the recently upgraded kitchen features Taj Mahal Quartzite counters and a new convection microwave, anchored by a breakfast bar that faces outward. Crown molding and designer paint frame updated finishes throughout. Laminate and tile flooring replace carpet, reducing clutter and maximizing that open, flowing aesthetic water-view homes demand.
Horseshoe Bay Resort itself functions as your private amenity ecosystem. The Yacht Club sits adjacent to your building. Beyond that sit championship golf courses, a full marina for boat launches, tennis courts, six on-site restaurants, and a spa. The community's resort membership unlocks access to these facilities, transforming daily life into something closer to permanent vacation. For Llano ISD families, elementary, middle, and high schools serve the area, though many residents here prioritize the resort lifestyle over traditional school commutes.
The boat ramp access changes everything about how you use the water. Launch directly from your community. Fish Lake LBJ's clear depths. Swim from the resort's tropical pool area. The one-car garage handles daily vehicles while boat and watersports equipment dock steps away. This isn't aspirational waterfront living with restricted lake access. It's immediate, tactile, usable.
The Waters at Horseshoe Bay has built demand for vacation rentals among winter travelers seeking Hill Country escapes. That market strength reflects both the location's appeal and its income potential for owners seeking short-term rental income alongside personal use. At $733 per square foot, the pricing reflects Llano County lakefront values rather than Lake Travis premium rates, yet delivers resort amenities most Hill Country waterfront properties can't match.
Living here means choosing the fluid rhythm of water-centered days, where the line between home and lake dissolves the moment you step onto that balcony.
The numbers behind this insight
- Offered at
- $1,170,000
- Listed
- June 15, 2026
- Price changes
- 1, down 0.4% from $1,175,000
- Asking price per sq ft
- $730
- Property Type
- Residential
- Year Built
- 2006
- Price / Sq Ft
- $730
- HOA
- $798/mo
- Garage
- 1 spaces
Listing information last updated September 17, 2026.
Listed by Epperson Realty Group LLC
MLS# 1932298 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- No Interior Steps
- Primary Bedroom on Main
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Electric Range
- Exhaust Fan
- Microwave
- Oven
- Free-Standing Range
- Refrigerator
- Washer
- Washer
- Dryer
- Electric Water Heater
- Laminate
- No Carpet
- Tile
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
Exterior & Lot
- Balcony
- Boat Ramp
- Pillar
- Post
- Pier
- Slab
- Patio
- Assigned
- Carport
- Garage Spaces
- 1
- Lake Front
Financial
- HOA Fee
- $798 / mo
- Original List Price
- $1,175,000
- Price per Sq Ft
- $730
Utilities
- Cable Connected
- Electricity Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1001 The Cape RD Unit #32, whoever represented it.
- ActiveListed 2026Current price: $1,170,000Original list: $1,175,000MLS 1932298
- Listed · June 15, 2026$1,175,000
- Price changed · September 17, 2026$1,170,000
- ExpiredListed 2025Current price: $1,275,000Original list: $1,300,000MLS 5127761
- Price changed · March 24, 2026$1,275,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,170,000
- Original list
- $1,175,000
- Price movement
- $5K reduction
- Listed / DOM
- Jun 15, 2026 · 122 days
Virtual Tour

Zoned Schools
Llano ISD
Llano
Llano
Llano
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.
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 2026-10-15T11:07:07.079+00:00; normalized from monthly dues.
20% ($234K)
Adjustable assumption - not a lending recommendation.
$1,170,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$1,170,000
Price per sqft
$730/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
122 days
Original to current
$5K reduction
$1.2M 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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