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ActiveMLS #3219184

1101 The Cape RD # 2, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 · Horseshoe Bay

Townhouse for sale in Horseshoe Bay

2Bedrooms
2 full / 1 halfBathrooms
1,234Square Ft
0.02Acres
1Garage
1981Year Built
Price Reduced
1 / 40
$875,000$1,050,000
3D tour

Overview

Property Description

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.

Financial Info
Price
$875,000
$ / Sqft
$709
HOA
Yes - Mandatory / $1,601.6 / Quarterly
HOA Name
Sheltered Harbor
HOA Includes
See Remarks, Common Area Maintenance, Insurance, Maintenance Grounds, Trash
Tax Rate
1.34%
Est. Taxes
$8,022.15
Tax Year
2025
Exemptions
None
Legal Info
Address
1101 The Cape RD # 2
County
Llano
City
Horseshoe Bay
State
TX
Zip
78657
Subdivision
Horseshoe Bay
Legal Description
SHELTERED HARBOR CONDO PHASE I HORSESHOE BAY 49002
Parcel
1205000490020
Interior Features
Floor
Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Eat-in Kitchen, Kitchen Island
Appliances
Built-In Electric Oven, Built-In Freezer, Built-In Oven(s), Built-In Refrigerator, Electric Cooktop, ENERGY STAR Qualified Water Heater, Exhaust Fan, Electric Oven, Double Oven, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
Laundry
Main Level
Master Bed
Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Quartz Counters, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Multiple Living Areas, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s), Washer Hookup, See Remarks, Double Pane Windows
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Townhouse
Stories
2
Year Built
1981 / Updated/Remodeled
Square Feet
1,234 / Public Records
Garages
1
Garage Desc
Covered, Garage, Golf Cart Garage, Guest, Lighted, Private, Storage
Foundation
Slab
Roof
Metal
Construction
See Remarks, Stone
Acres
0.02
Lot Description
Landscaped, Views
Restrictions
See Remarks
Flood Plain
Partial
View
Lake
Water Access
Yes
Waterfront
Yes
Area
LL
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Internet-Cable, Sewer Connected, Water Connected
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
See Remarks
Exterior Features
Balcony, Boat Dock - Private, Boat Lift, Boat Slip, Gas Grill, Lighting, Outdoor Grill, See Remarks, Deck
Pool On Property
No
Area Amenities
See Remarks, Garage Parking, Gated, Lake

Price history

Members only
Days on market
−$175,000 (−16.7%)
$1,050,000 → $875,000
2
Price reductions
Active
Since Jun 13, 2026
Price trend
List priceJun 2026Jul 2026
Property history3 events
DateEventPriceChange
Jul 14, 2026Price Decrease$875,000−$100,000 (−10.3%)
Jul 1, 2026Price Decrease$975,000−$75,000 (−7.1%)
Jun 13, 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 $875,000
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

$5,822 / mo

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

Estimated monthly payment $5,822

Principal & interest
$4,424
Property taxes
$669
Homeowners insurance
$729

*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$700,000$7,824$45,270$692,176
2$692,176$8,348$44,746$683,828
3$683,828$8,907$44,187$674,921
4$674,921$9,504$43,590$665,417
5$665,417$10,140$42,954$655,277
6$655,277$10,819$42,274$644,458
7$644,458$11,544$41,550$632,914
8$632,914$12,317$40,777$620,597
9$620,597$13,142$39,952$607,455
10$607,455$14,022$39,072$593,433
  • Year 1$692,176
    Principal paid
    $7,824
    Interest paid
    $45,270
    Starting balance
    $700,000
  • Year 2$683,828
    Principal paid
    $8,348
    Interest paid
    $44,746
    Starting balance
    $692,176
  • Year 3$674,921
    Principal paid
    $8,907
    Interest paid
    $44,187
    Starting balance
    $683,828
  • Year 4$665,417
    Principal paid
    $9,504
    Interest paid
    $43,590
    Starting balance
    $674,921
  • Year 5$655,277
    Principal paid
    $10,140
    Interest paid
    $42,954
    Starting balance
    $665,417
  • Year 6$644,458
    Principal paid
    $10,819
    Interest paid
    $42,274
    Starting balance
    $655,277
  • Year 7$632,914
    Principal paid
    $11,544
    Interest paid
    $41,550
    Starting balance
    $644,458
  • Year 8$620,597
    Principal paid
    $12,317
    Interest paid
    $40,777
    Starting balance
    $632,914
  • Year 9$607,455
    Principal paid
    $13,142
    Interest paid
    $39,952
    Starting balance
    $620,597
  • Year 10$593,433
    Principal paid
    $14,022
    Interest paid
    $39,072
    Starting balance
    $607,455
First 10 of 30 years

Nearby

Courtesy of Horseshoe Bay Resort Realty · (830) 596-9506

Listings courtesy of ACTRIS as distributed by MLS GRID.