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ActiveMLS #8988951

1100 The Cape RD # 803, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 · Cape Terrace

Condominium for sale in Cape Terrace

3Bedrooms
2 full / 1 halfBathrooms
1,141Square Ft
0.02Acres
0Garage
1986Year Built
Price Reduced
1 / 31
$550,000$599,000

Overview

Property Description

Experience premier waterfront living at **1100 The Cape #803**, a well appointed 3-bedroom, 2-bath condo on Lake LBJ in Horseshoe Bay, Texas. Offering 1,141 square feet of thoughtfully designed living space, this lakefront residence combines comfort, convenience, and exceptional views within a gated waterfront community. The open-concept floor plan is filled with natural light and seamlessly connects the kitchen, dining, and living areas—perfect for entertaining or relaxing after a day on the water. A rare opportunity in Horseshoe Bay, this property is **short-term rental friendly**, making it an attractive option for investors, vacation homeowners, or full-time residents seeking flexibility and income potential. Day docks and dedicated parking adds everyday convenience, while the location places you within walking distance of the Horseshoe Bay Yacht Club, waterfront dining, resort pool, and Horseshoe Bay Resort Spa (membership required). Located within the highly sought-after Cape community on Lake LBJ, residents enjoy easy access to boating, fishing, swimming, and breathtaking Texas Hill Country sunsets. Whether you're searching for a Lake LBJ waterfront condo, a weekend retreat, or a turnkey investment property, this residence delivers the best of the Horseshoe Bay lifestyle.

Financial Info
Price
$550,000
$ / Sqft
$482
HOA
Yes - Mandatory / $630 / Quarterly
HOA Name
The Cape
HOA Includes
Insurance, Maintenance Grounds, Maintenance Structure
Tax Rate
1.76%
Est. Taxes
$7,759
Tax Year
2025
Exemptions
None
Legal Info
Address
1100 The Cape RD # 803
County
Llano
City
Horseshoe Bay
State
TX
Zip
78657
Subdivision
Cape Terrace
Legal Description
CAPE TERRACE HORSESHOE BAY 803
Parcel
1100 The Cape
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters, Kitchen Island, Pantry
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Range, Free-Standing Electric Range, RNGHD, Refrigerator, Stainless Steel Appliance(s)
Laundry
Common Area
Master Bed
Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
See Remarks, Living Room
Interior Features
Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Tile Counters, Kitchen Island, Pantry, Recessed Lighting, Track Lighting, Walk-In Closet(s), Smoke Detector(s), None
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Condominium
Stories
3
Year Built
1986 / Resale
Square Feet
1,141 / Public Records
Garage Desc
See Remarks, Parking Lot
Foundation
Slab
Roof
Composition
Construction
See Remarks, Stone, Stucco
Acres
0.02
Lot Description
See Remarks
Restrictions
See Remarks
Flood Plain
No
View
Lake
Water Access
Yes
Waterfront
Yes
Area
LL
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
See Remarks
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Gutters Full, Covered, Deck, Patio
Pool On Property
No
Area Amenities
Gated

Price history

Members only
Days on market
−$49,000 (−8.2%)
$599,000 → $550,000
3
Price reductions
Active
Since Jun 15, 2026
Price trend
List priceJun 2026Sep 2026
Property history5 events
DateEventPriceChange
Sep 17, 2026Price Decrease$550,000−$25,000 (−4.3%)
Jul 12, 2026Price Decrease$575,000−$24,000 (−4%)
Jul 9, 2026Price Increase$599,000+$50,000 (+9.1%)
Jul 9, 2026Price Decrease$549,000−$50,000 (−8.3%)
Jun 15, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Llano ISD
Elementary
Llano
Middle
Llano
High
Llano

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $550,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,886 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,886

Principal & interest
$2,781
Property taxes
$647
Homeowners insurance
$458

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$440,000$4,918$28,455$435,082
2$435,082$5,247$28,126$429,835
3$429,835$5,599$27,774$424,236
4$424,236$5,974$27,399$418,262
5$418,262$6,374$26,999$411,888
6$411,888$6,801$26,573$405,088
7$405,088$7,256$26,117$397,831
8$397,831$7,742$25,631$390,089
9$390,089$8,261$25,113$381,829
10$381,829$8,814$24,559$373,015
  • Year 1$435,082
    Principal paid
    $4,918
    Interest paid
    $28,455
    Starting balance
    $440,000
  • Year 2$429,835
    Principal paid
    $5,247
    Interest paid
    $28,126
    Starting balance
    $435,082
  • Year 3$424,236
    Principal paid
    $5,599
    Interest paid
    $27,774
    Starting balance
    $429,835
  • Year 4$418,262
    Principal paid
    $5,974
    Interest paid
    $27,399
    Starting balance
    $424,236
  • Year 5$411,888
    Principal paid
    $6,374
    Interest paid
    $26,999
    Starting balance
    $418,262
  • Year 6$405,088
    Principal paid
    $6,801
    Interest paid
    $26,573
    Starting balance
    $411,888
  • Year 7$397,831
    Principal paid
    $7,256
    Interest paid
    $26,117
    Starting balance
    $405,088
  • Year 8$390,089
    Principal paid
    $7,742
    Interest paid
    $25,631
    Starting balance
    $397,831
  • Year 9$381,829
    Principal paid
    $8,261
    Interest paid
    $25,113
    Starting balance
    $390,089
  • Year 10$373,015
    Principal paid
    $8,814
    Interest paid
    $24,559
    Starting balance
    $381,829
First 10 of 30 years

Nearby

Courtesy of Horseshoe Bay Living 2, LLC · (512) 550-3624

Listings courtesy of ACTRIS as distributed by MLS GRID.