Stonewood Townhomes Investment
For Sale
$1,280,000
Pending
307 Out Yonder Unit 18, Horseshoe Bay, TX 78657
Multi-unit complex in Horseshoe Bay with immediate cash flow.
Property Size8,044 SF
Lot Size0.74 Acres
Days on Market1308
Property Features for 307 Out Yonder Unit 18
General Information
Standard status
Pending
Size
8,044 SF
Total Parking Spaces
12
Lot size
0.74 Acres
Property subtype
Commercial Sale / Multi Family
Taxes and HOA fees
Annual Taxes
$14,116
Building Details
Year Built
1997
Buildings
3
Listing Agency:
RE/MAX HORSESHOE BAY RESORT SA
Listed By:
Chad Thibodeaux · License #0423439
(512) 755-1606
Source:
Compass
Added: Mar 25, 2023
Changed: Oct 15
Last Checked: Oct 21 at 12:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX HORSESHOE BAY RESORT SA
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Investment Insights
Based on property information with market context.
The Stonewood Townhomes complex presents an investment opportunity on a 0.74-acre parcel in Horseshoe Bay. The property comprises three buildings with a total of eight units, seven of which are currently leased. The complex includes two triplexes, each featuring three single-level units with 1 bedroom, 1.5 baths, and 884 sq. ft. of living space. These townhomes have an open floor plan. Additionally, there is a duplex with two two-story units, each offering 2 bedrooms, 2 baths, and an attached single-car garage. These units provide 1,370 sq. ft. of living space and include vaulted ceilings, a fireplace, and a loft area. The property is well-maintained and located in a thriving area, suggesting rental demand. The absence of monthly HOA fees enhances the financial appeal. The total property size is 8,044 sq. ft.
Key Highlights
- Entire 8‑unit townhome complex on .74 acres in desirable Horseshoe Bay.
- Immediate cash flow with 7 of 8 units currently leased.
- No HOA fees, increasing profitability.
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Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
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Business Placement
Demographics for 78657, TX
6,531
Population
5,272
Households
1.2
Avg Household Size
60
Median Age
47%
College-Educated
96%
High-School Grad
38.8 sq mi
ZIP Area
168
Density / Sq Mi
$93,699
Median Household Income
$39,907
Median Earnings
$1,406
Median Rent
$470,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multi-unit complex in Horseshoe Bay with immediate cash flow.
Where is this apartment building located?
The property is located at 307 Out Yonder Unit 18 Horseshoe Bay, TX.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Entire 8‑unit townhome complex on .74 acres in desirable Horseshoe Bay.; Immediate cash flow with 7 of 8 units currently leased.; No HOA fees, increasing profitability.
