tomo logo

$679,000

Beds
4
Baths
3.0
sq ft
2,685

405 Rio, Horseshoe Bay, TX 78657

405 Rio

Horseshoe Bay, TX 78657

  • 164 days on market
    • Price drop $36,000↓
Experience luxury living at its finest with this stunning home, built in 2022. Situated at 405 Rio, this residence offers prime access to the homeowner's park, marina, and an array of resort amenities. The expansive open floorplan effortlessly blends living and dining spaces, ideal for entertaining. The kitchen boasts custom Kent Moore cabinetry, granite countertops, and stainless-steel GE Cafe smart appliances. The primary bedroom features a spacious en-suite bath with dual sinks, granite countertops, and a luxurious soaking tub. Additionally, there are four bedrooms and a flex room perfect for an office or guest bedroom. Notable features include a three-car garage with electric car charging, Anderson Fibrex windows, waterproof bamboo Bamboo flooring, and outdoor decks with Brazilian hardwood. Smart home technology, including coded locks and smart thermostats, adds convenience and security. The property is enclosed by a wrought iron and stone fence with three gates, and includes a sprinkler system, metal roof, and ample yard space. Furnishings and art are available for purchase. Option to expand the property by purchasing the adjacent lot. Short-term rental is permitted. In 2022, the appraisal came in at $805,000.00.

Details

Property type

Single Family Residence

Est. home value

$785,527

Property condition

New Construction

Lot size

0.2882 acres

Price per sq ft

$253

Year built

2022

Annual property taxes

$8,426.3

Monthly HOA fee

$28.47

Price History

08/07/2024
Austin

Austin #4327754

Price change
$679,000
-5.03%
07/15/2024
Austin

Austin #4327754

Price change
$715,000
-0.69%
07/03/2024
Austin

Austin #4327754

Price change
$720,000
-4%

Schools & Community

Elementary school: 

Packsaddle

Middle school: 

Llano

High school: 

Llano

Community features: 

Airport/Runway, Lake

High school district: 

Llano ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Firstcapital Bank Of Texas Na

Loan start date

March 2023

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

6.12%

Loan type

Future Advance Clause / Open End Mortgage, 5 year

Seller

Mamasue Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
Austin
$689,990
4 bd
|
2.5 ba
|
2,330 sq ft
|
House

105 Out Yonder, Horseshoe Bay, TX 78657

Price drop
Austin
$599,000
4 bd
|
2.5 ba
|
2,473 sq ft
|
House

109 Cactus Cyn, Horseshoe Bay, TX 78657

Price drop
Austin
$749,000
4 bd
|
2.5 ba
|
2,528 sq ft
|
House

318 Apache Tears, Horseshoe Bay, TX 78657

Status: Active

Tomo last checked: 09/17/2024 at 11:20 PM

Listing updated: 09/16/2024 at 10:31 AM

Listed by: Kale Stephens, Horseshoe Bay Living 2, LLC Phone #: (512) 550-3624

MLS: Austin #4327754

Austin logo

Recently listed in Horseshoe Bay