
Luxury waterfront living on The Cape, one of Horseshoe Bay's most exclusive gated waterfront communities, ideally located next door to the Yacht Club and just moments from premier resort amenities, dining, golf, and marina activities. Completely remodeled from top to bottom, this stunning Lake LBJ waterfront residence offers a rare opportunity to purchase a truly turnkey lake property where everything has already been done for you. Simply bring your bathing suit and start enjoying the lake lifestyle. Goodbye 1981 - this residence has been thoughtfully transformed with high-end finishes and timeless design throughout. The beautiful interior features white oak flooring, premium natural quartzite countertops, a built-in Sub-Zero refrigerator, Verona Italian-designed appliances, modern floating bathroom vanities, and a premium Miele washer and dryer. Designed for effortless entertaining and lake living, the spacious floor plan comfortably accommodates family and guests while maximizing comfort and functionality. Step outside to the large private deck overlooking Lake LBJ, the perfect setting for morning coffee, sunset cocktails, or hosting friends and family. Complete with a built-in gas grill and beautiful lake views, the outdoor living space seamlessly extends the home's entertaining capabilities. Offered fully furnished with stylish furnishings and decor, this residence is ready for immediate enjoyment from day one. The sale also includes an assigned covered parking space, assigned covered deeded boat slip, multiple storage areas, furnishings, and even the boat, creating one of the most complete waterfront packages currently available on Lake LBJ. This property also provides a front-row seat to The Club's renowned fourth of July fireworks celebration. Whether you're searching for a full-time residence, weekend getaway, or lock-and-leave waterfront retreat, this move-in-ready property delivers luxury, convenience, and the ultimate Lake LBJ lifestyle.
Property Type
Residential
Year Built
1981
Lot Size
0.02 acres
$/Sq Ft
$851
HOA
$1601.6/mo
Garage
2 spaces
Listed by Horseshoe Bay Resort Realty
Verified property facts
1101 The Cape RD Unit #2 is listed at $1,050,000 with 2 bedrooms, 2 full, 1 half bathrooms, 1,234 square feet, 0.02-acre lot.
1101 The Cape RD Unit #2 is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
1101 The Cape RD Unit #2 is a Residential built in 1981 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,234 square feet, 0.02-acre lot.
1101 The Cape RD Unit #2 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.
The most recent annual property tax for 1101 The Cape RD Unit #2 is $8,022. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed 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% ($210K)
$1,050,000
Luxury property intelligence
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$1,050,000
Price per sqft
$851/sqft
Vs. Horseshoe Bay median
Not available
Days on market
8 days
Original to current
No verified reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($210,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1101 The Cape RD Unit #2 is around $6,117 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,050,000, 1101 The Cape RD Unit #2 is in the Horseshoe Bay market where there are currently 139 active listings in 78657.
1101 The Cape RD Unit #2 was built in 1981 (45 years ago). Buyers should budget for potential updates to major systems.
1101 The Cape RD Unit #2 includes verified waterfront access: Lake Front. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1101 The Cape RD Unit #2 is part of a managed community with HOA dues of $1,602 quarterly. 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.
1 event on record
Current Price
$1,050,000
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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