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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Waterfront investment opportunity in the heart of Horseshoe Bay Resort! Unit 602 at Cape Terrace offers fully furnished, single-level living with panoramic views of Lake LBJ and the Horseshoe Bay Marina. This beautifully updated 2-bedroom condo features a spacious open living area with water views from nearly every angle and a fabulous covered back porch perfect for morning coffee or sunset evenings. Located just steps from world-class resort amenities, this gated community allows short-term rentals, and the unit has a strong VRBO rental history with consistent bookings. Exclusive day docks are conveniently located just below the back deck, making lake days effortless. Walk to the Yacht Club, Marina, Spa, Hotel, and dining — and enjoy access to the only floating pool in North America. Whether you’re seeking an income-producing property or the perfect weekend escape, this Lake LBJ condo checks every box.
Property Type
Residential
Year Built
1986
$/Sq Ft
$538
HOA
$2060/mo
Garage
1 spaces
Listed by My Texas Home Broker
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
1100 The Cape Unit #602 is listed at $450,000 with 2 bedrooms, 2 full bathrooms, 837 square feet.
1100 The Cape Unit #602 is zoned for Llano ISD with assigned schools: Packsaddle (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
1100 The Cape Unit #602 is a Residential built in 1986 featuring 2 bedrooms, 2 full bathrooms, 837 square feet.
1100 The Cape Unit #602 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($90,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1100 The Cape Unit #602 is around $3,160 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Llano ISD
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.
20% ($90K)
$450,000
Luxury property intelligence
A sourced read on Cape Terrace pricing, timing, and property scale. No automated valuation claim.
List price
$450,000
Price per sqft
$538/sqft
Vs. Cape Terrace median
Not available
Days on market
47 days
Original to current
$29K reduction
$479K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $450,000, 1100 The Cape Unit #602 is in the Cape Terrace market where there are currently 146 active listings in 78657.
1100 The Cape Unit #602 was built in 1986 (40 years ago). Buyers should budget for potential updates to major systems.
1100 The Cape Unit #602 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1100 The Cape Unit #602 is part of a managed community with HOA dues of $2,060 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
2 events on record
Current Price
$450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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