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ActiveMLS #5291545

207 N Hi Circle N ST N, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 · Las Encinas

Condominium for sale in Las Encinas

2Bedrooms
2Bathrooms
1,588Square Ft
0.02Acres
1Garage
1979Year Built
Price Reduced
1 / 29
$229,000$299,000
3D tour

Overview

Property Description

Fabulous HSB location close to the hotel, marina and restaurants! Originally built as a split level, this condo is now 2 separate units each with a large bedroom, full kitchen, living room, bath, and private patio. Both units have a full array of appliances including refrigerators, stoves, dishwashers, microwaves and washer/ dryers. Upper unit has vaulted ceiling, cozy fireplace and loft space. One car garage can be assigned to either unit and additional assigned parking space is available. Lower unit also has a small exterior courtyard. New electrical panels and paint in both units and lower unit has new lighting, floors, kitchen counters, the bathroom vanity and plumbing fixtures. Lower unit may include furnishings if desired.. Perfect investment opportunity to rent both or rent one unit and use the other yourself or for guests

Financial Info
Price
$229,000
$ / Sqft
$144
HOA
Yes - Mandatory / $450 / Monthly
HOA Name
Las Encinas Condominium Association
HOA Includes
Insurance, Landscaping, Maintenance Grounds, Sewer, Trash, Water
Tax Rate
0.01336%
Est. Taxes
$3,000
Tax Year
2024
Exemptions
None
Legal Info
Address
207 N Hi Circle N ST N
County
Llano
City
Horseshoe Bay
State
TX
Zip
78657
Subdivision
Las Encinas
Legal Description
LAS ENCINAS CONDO HORSESHOE BAY UNITS 105A & 105B PHASE I
Parcel
42609
Interior Features
Floor
Carpet, Vinyl
Num Living
2
Dining
0
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Electric Oven, Refrigerator, Washer, Washer/Dryer Stacked
Laundry
In Unit
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Ceiling Fan(s), Vaulted Ceiling(s), Electric Dryer Hookup, Recessed Lighting, Washer Hookup, Smoke Detector(s), Aluminum Frames
General Info
Beds
2 Total / 1 Main Level / 1 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
2
Year Built
1979 / Resale
Square Feet
1,588 / Public Records
Garages
1
Garage Desc
Garage, Reserved
Foundation
Slab
Roof
Metal
Construction
Stucco
Acres
0.02
Lot Description
None
Restrictions
Limited # Vehicles
Flood Plain
Yes-500 yr
View
None
Water Access
No
Waterfront
No
Area
LL
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Sewer Connected, Water Connected
Heat
Electric
A C
Electric
Exterior Features
Fence
Privacy
Exterior Features
Private Entrance, Covered, Patio
Pool On Property
No
Area Amenities
Garage Parking, Lock and Leave

Rooms

Rooms6 rooms

Main level

  • Primary Bathroom

    None

First level

  • Bedroom

    First floor bedroom with double closets, ceiling fan and sliding patio doors.

    Full Bath

  • Kitchen

    Lower unit kitchen has stainless steel appliances in pristine condition. Pantry adjoins. Kitchen is open to living area.

    Breakfast Bar, Laminate Counters, Dining Area

Second level

  • Bedroom

    2nd floor bedroom in upper unit with high beamed ceiling, ceiling fan and large closet. Full bath with tub/shower combo.

    Ceiling Fan(s), Full Bath

  • Kitchen

    Kitchen in upper unit is fully equipped with applicances. Small pantry. Opens to living area.

    Breakfast Bar, Laminate Counters, Dining Area, High Ceilings

  • Loft

Price history

Members only
Days on market
−$70,000 (−23.4%)
$299,000 → $229,000
4
Price reductions
Active
Since Apr 5, 2025
Price trend
List priceApr 2025Jul 2026
Property history5 events
DateEventPriceChange
Jul 13, 2026Price Decrease$229,000−$16,900 (−6.9%)
May 13, 2026Price Decrease$245,900−$14,100 (−5.4%)
Feb 1, 2026Price Decrease$260,000−$15,000 (−5.5%)
Dec 31, 2025Price Decrease$275,000−$24,000 (−8%)
Apr 5, 2025New 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 $229,000
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

$1,599 / mo

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

Estimated monthly payment $1,599

Principal & interest
$1,158
Property taxes
$250
Homeowners insurance
$191

*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$183,200$2,048$11,848$181,152
2$181,152$2,185$11,711$178,968
3$178,968$2,331$11,564$176,636
4$176,636$2,487$11,408$174,149
5$174,149$2,654$11,242$171,495
6$171,495$2,832$11,064$168,664
7$168,664$3,021$10,874$165,643
8$165,643$3,224$10,672$162,419
9$162,419$3,439$10,456$158,980
10$158,980$3,670$10,226$155,310
  • Year 1$181,152
    Principal paid
    $2,048
    Interest paid
    $11,848
    Starting balance
    $183,200
  • Year 2$178,968
    Principal paid
    $2,185
    Interest paid
    $11,711
    Starting balance
    $181,152
  • Year 3$176,636
    Principal paid
    $2,331
    Interest paid
    $11,564
    Starting balance
    $178,968
  • Year 4$174,149
    Principal paid
    $2,487
    Interest paid
    $11,408
    Starting balance
    $176,636
  • Year 5$171,495
    Principal paid
    $2,654
    Interest paid
    $11,242
    Starting balance
    $174,149
  • Year 6$168,664
    Principal paid
    $2,832
    Interest paid
    $11,064
    Starting balance
    $171,495
  • Year 7$165,643
    Principal paid
    $3,021
    Interest paid
    $10,874
    Starting balance
    $168,664
  • Year 8$162,419
    Principal paid
    $3,224
    Interest paid
    $10,672
    Starting balance
    $165,643
  • Year 9$158,980
    Principal paid
    $3,439
    Interest paid
    $10,456
    Starting balance
    $162,419
  • Year 10$155,310
    Principal paid
    $3,670
    Interest paid
    $10,226
    Starting balance
    $158,980
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.