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3505 Stag
C- Composite 52.88
Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +20.2/30.0
  • DSCR +6.4/10.0
  • 1% rule +5.5/10.0
  • Appreciation +5.5/10.0
  • ARV discount +4.0/15.0
  • Livability +3.3/5.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$190,000

3505 Stag · Horseshoe Bay, TX 78657
3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 14 Days on market
Built 2022 5,401 sqft lot $156/sqft · 8% above area Est $176k · 8% over $30/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

Key facts

  • Private deck
  • Scenic trails
  • Native landscaping

Tags

PAVED DRIVEWAYCOVERED CARPORTPRIVATE DECKNATIVE LANDSCAPINGSCENIC TRAILSWATER ACTIVITIES

Property features AI

Finance

  • HOA & community: Part of Horseshoe Bay POA; HOA fee approximately $360.99 annually

Exterior

  • Parking: Carport; Driveway; Parking for 4 vehicles (total)
  • Utilities: Public water; Public sewer
  • Home design: Single-story; Faces south; Resale property; Entry level: main level primary
  • Construction: Built with HardiPlank-type siding; Shingle roof; Pillar/post/pier foundation; Year built per public records
  • Exterior features: Front porch; Exterior steps; Back yard; Backs to greenbelt/park

Interior

  • Kitchen: Electric oven; Electric range; Dishwasher; Refrigerator; Exhaust fan
  • Bedrooms: 3 main-level bedrooms; Main level primary bedroom; Walk-in closet(s)
  • Flooring: Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air; Exhaust fan; Ceiling fans
  • Interior features: Ceiling fans; Laminate counters; Pantry; Smart thermostat; No interior steps
  • Laundry & utility: In-unit laundry room; Washer hookup; Electric dryer hookup; Washer and dryer included

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $190k.

Deal economics

  • At list price, monthly cash flow is $238 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $190k).
  • Cap rate 7.8% vs local median 1.0% in Horseshoe Bay — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 66/100 on livability (#625 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A-, housing A-; Watch: schools C-, amenities F, commute F.
  • Marble Falls ISD (town): math 32% / reading 38% proficiency, ranked #511 of 826 in TX (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 1223 active listings in the ZIP; solid renter incomes; 891 units permitted in Burnet County in 2024 (76 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($1k loan paydown + $2k appreciation (0.9% local appreciation)).
  • Burnet County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (0.9% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~7 years — after that, you're playing with house money.
  • By year 10, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
  • 8 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $11k; list at $190k implies a 1603% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $190,000

Questions for the listing agent

  1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.05%
Cap rate
7.80%
Cash-on-cash
5.38%
DSCR
1.24
GRM
7.9

CMA / ARV

ARV (median comp)
$176,304
List price
$190,000
Delta
7.77%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
200 49th St 0.21mi 3/2.0 1,186 (-2%) 19mo $139,000 $117 70
1904 Colonneh 0.12mi 3/2.0 1,344 (+10%) 18mo $199,000 $148 62
2204 1st St 0.49mi 3/2.0 1,170 (-4%) 22mo $195,000 $167 53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.95% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
6.8%
Equity multiple
1.34×
Total profit
$18,275
Equity at exit
$64,323
10-year hold
IRR
11.0%
Equity multiple
2.33×
Total profit
$70,710
Equity at exit
$85,064

Cash invested: $53,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 78657

Home prices YoY
0.4%
Active inventory
1223
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,999 medium interval (Pro) →
Mortgage (P&I)
$996
Tax from tax record
$235 /mo · $2,825/yr
Insurance
$79
HOA
$30
Vacancy / Maint / Mgmt
$420
Net cashflow
$238

Break-even live

Break-even rent $1,697
Max offer price $190,000
Occupancy floor 83%

Sensitivity live

Price -10% $346 -5% $292 +0% $238 +5% $185 +10% $131
Rent -10% $80 -5% $159 +0% $238 +5% $317 +10% $396
Rate -1.0pp $334 -0.5pp $287 base $238 +0.5pp $189 +1.0pp $139

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$47,500
Closing costs
$5,700
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$30 · $360/yr
Likely covers
water

Listing history 35 events

  1. 2026-06-18
    days on market $190,000 Active 14 DOM
  2. 2026-06-17
    days on market $190,000 Active 13 DOM
  3. 2026-06-16
    days on market $190,000 Active 12 DOM
  4. 2026-06-15
    days on market $190,000 Active 11 DOM
  5. 2026-06-13
    days on market $190,000 Active 9 DOM
  6. 2026-06-13
    days on market $190,000 Active 8 DOM
  7. 2026-06-09
    days on market $190,000 Active 5 DOM
  8. 2026-06-08
    days on market $190,000 Active 4 DOM
  9. 2026-06-07
    days on market $190,000 Active 3 DOM
  10. 2026-06-05
    statusdays on marketlisting id $190,000 Active 1 DOM
  11. 2026-05-05
    status Pending
  12. 2026-02-05
    listed Active
  13. 2024-04-03
    soldstatus 1965-char remark
    Show marketing remark (1965 chars)

    Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

  14. 2024-04-03
    soldstatus Closed
    Show marketing remark (1965 chars)

    Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

  15. 2024-04-03
    soldstatus
    Show marketing remark (1965 chars)

    Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

  16. 2024-03-29
    historical Active Under Contract
  17. 2024-03-29
    historical Active Under Contract
  18. 2024-02-23
    listed $209,900 1965-char remark
    Show marketing remark (1965 chars)

    Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

  19. 2024-02-23
    listed $209,900 Active
    Show marketing remark (1965 chars)

    Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

  20. 2024-02-23
    listed $209,900 Active
    Show marketing remark (1965 chars)

    Embrace the Charm of Horseshoe Bay Living!Welcome to your dream home - a beautiful, brand-new pre-manufactured residence in the heart of the picturesque Texas Hill Country. This beautiful property boasts a seamless blend of modern amenities and serene natural beauty, perfect for those seeking a tranquil lifestyle.Key Features:Modern Design: Experience the elegance of a beautifully crafted home with top-notch finishes, ensuring comfort and style.Paved Driveway & Carport: Enjoy the convenience of a spacious paved driveway leading to an excellent carport, providing ample parking and vehicle protection.Private Deck: Step outside onto your deck, an ideal relaxing spot with serene greenbelt views.Scenic Surroundings: The house backs directly onto a lush greenbelt, allowing you to immerse yourself in nature. Observe native plants and frequent deer sightings right from your backyard.Proximity to Horseshoe Bay Lake: Located less than 6 miles from the majestic Horseshoe Bay Lake, indulge in various activities, including breathtaking trails, water sports, and more.Explore Local Attractions: Discover nearby parks, exquisite wineries, and other attractions that make the Texas Hill Country living so coveted.Financial Flexibility:Owner Financing Available: Take advantage of owner financing with a $35,000 down payment, a competitive 10% interest rate, and flexible 15- or 20-year note terms.USDA Financing Eligible: Ideal for first-time homebuyers with ZERO down payment required and the benefit of low taxes.Don't miss this opportunity to own a piece of Texas paradise. Contact us today for more details and to schedule a viewing!, Association Fee Includes: Common Area Maintenance, Interior Features: Laminate Counters, Pantry, Recessed Lighting, Main Level Bedrooms: 3, Ownership Type: Fee Simple, Parking Features: Attached, Utilities: Underground Utilities, View: Neighborhood, Water Source: Public, Tax Rate: 1.53, Kitchen Features: Smart Thermostat

  21. 2023-12-31
    historical
  22. 2023-12-31
    historical
  23. 2023-12-06
    price $219,999
  24. 2023-12-06
    price
  25. 2023-07-21
    price $220,000
  26. 2023-07-21
    price
  27. 2023-03-10
    price $224,900
  28. 2023-03-10
    price
  29. 2023-02-09
    listed $219,999
  30. 2023-02-09
    listed Active
  31. 2023-02-09
    listed $229,900 Active
  32. 2018-08-06
    soldstatus
  33. 2007-03-28
    soldstatus
  34. 2006-11-01
    soldstatus
  35. 2005-10-25
    soldstatus $11,155

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$2,825 · $235/mo
Projected year-2 tax
$3,477 · $290/mo
Expected delta
+$652/yr (+$54/mo · 23.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 60% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,990
− Mortgage interest
−$10,643
− Property taxes
−$2,825
− Insurance
−$950
− Repairs & maintenance
−$1,919
− Management
−$1,919
− HOA
−$360
− Depreciation
−$5,527
Taxable loss
−$154
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$37
After-tax cash flow
$2,897/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Marble Falls ISD
NCES district ID
4829010
Math proficiency
32% ▼ -8.00%
Reading proficiency
38% ▼ -4.00%
Median HH income
$49,663
Composite
30.3/100
National rank
#6278
State rank
#511 of 826 in TX

Livability — Horseshoe Bay

Score
66/100
State rank
#625
US rank
#11913

Category grades

Amenities F Commute F Cost of living C Crime A+ Employment A- Housing A- Health & safety B- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Horseshoe Bay, TX
County
Llano County · 16,310 people
City population
7,591
Metro
nan
Population (ZIP)
7,591
Household income
$91,452
Rent vs Own
18.7% rent · 81.3% own
Severe rent burden
45.0

Population outlook (Burnet County) Hauer SSP2

Today (2025)
50,492 people
By 2030
52,995 · +5.0%
By 2040
57,528 · +13.9%
By 2050
61,444 · +21.7%
By 2075
71,098 · +40.8%
By 2100
74,634 · +47.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (80%)
Race & ethnicity
White 80% Hispanic / Latino 16% Two or more races 8% Asian 1%
Hispanic origin (detail)
Mexican 14%
Common ancestry
Slovak 3% Portuguese 3% Italian 2%
Foreign-born
8% · Canada
Languages at home
87% English-only · Spanish 12% Other Indo-European 1%

Political lean MEDSL · Burnet

2024 margin
Solid R (+55.7) · D 21.7% · R 77.4%
2008→2024 swing
-11.6pp toward R · 2008: -44.1pp · 2024: -55.7pp
All cycles
2024: R+55.7 2020: R+53.1 2016: R+56.8 2012: R+54.6 2008: R+44.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.95%
Current HPI
229.9918
Rent YoY
Metro
nan
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+1603.3% since first listed
26 events — show timeline
  • 2026-06-04 Listed $190,000 Unlock MLS
  • 2026-05-05 Pending Unlock MLS
  • 2026-02-05 Listed Unlock MLS
  • 2024-04-03 Sold (MLS) LERA
  • 2024-04-03 Sold (Public Records) Public Records
  • 2024-04-03 Sold (MLS) Unlock MLS
  • 2024-03-29 Contingent CTXMLS
  • 2024-03-29 Contingent Unlock MLS
  • 2024-02-23 Listed $209,900 LERA
  • 2024-02-23 Listed $209,900 Unlock MLS
  • 2024-02-23 Listed $209,900 CTXMLS
  • 2023-12-31 Listing Removed LERA
  • 2023-12-31 Listing Removed CTXMLS
  • 2023-12-06 Price Changed $219,999 CTXMLS
  • 2023-12-06 Price Changed Unlock MLS
  • 2023-07-21 Price Changed $220,000 CTXMLS
  • 2023-07-21 Price Changed Unlock MLS
  • 2023-03-10 Price Changed $224,900 CTXMLS
  • 2023-03-10 Price Changed Unlock MLS
  • 2023-02-09 Listed $219,999 LERA
  • 2023-02-09 Listed Unlock MLS
  • 2023-02-09 Listed $229,900 CTXMLS
  • 2018-08-06 Sold (Public Records) Public Records
  • 2007-03-28 Sold (Public Records) Public Records
  • 2006-11-01 Sold (Public Records) Public Records
  • 2005-10-25 Sold (Public Records) $11,155 Public Records

Property tax history

+42.9%/yr

Latest (2026): $2,825 · -0.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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