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$10,997  $8,118.25

0.32 acres | Residential Zoning

Driving along Mountain Dew Road in the Horseshoe Bay South subdivision you will come upon this 0.32-acre property that sits on the intersection of Chester Street and Mountain Dew Road. This property is mostly clear with just a handful of smaller trees growing upon it which should help make it easier to begin building once purchased. The buyer of this lot should know that the property does sit in a property owners association called Horseshoe Bay Property Owners Association that with the small yearly fee you get access to the common community amenities. This small fee also helps keep the roads maintained and constantly improved. The property itself is only about half a mile as the crow flies from Lake Lyndon B Johnson. The lake provides a vast array of outdoor activities to the right enthusiast. Give this Horseshoe Bay lot a chance to impress you today!

Land Specifics Foreclosed

Property Number 11049
Size 0.32 acres
Dimensions 105.08' x 157.36' x 44.5' x 50.89' x 121.87'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R-1 SINGLE-FAMILY RESIDENTIAL
Zoning Definition

Zoning is through the City of Horseshoe Bay. Permitted Uses are Single Family Dwellings and accessory structures necessary to such use located on the same lot. The maximum building height shall be thirty-two (32) feet above the highest natural contour of the applicable lot, except that the maximum building height for lots contiguous with the shoreline shall be thirty-five (35) feet above the highest natural contour of the applicable lot. Front yard setback shall conform to a minimum depth of twenty-five feet (25') from the front lot line to the closest structural projection, including porches, but not including eaves, overhangs, planters, or fireplaces; principal structure shall provide total side yard setback of not less than fifteen feet (15') with not less than five feet (5') on one (1) side. Corner lots shall maintain a minimum setback of twenty-five feet (25') from the side street line. Except as provided below, a rear yard shall be maintained of at least fifteen feet (15') from the rear lot line to the nearest building line. Notwithstanding uses otherwise permitted herein, no more than sixty percent (60%) of the total lot area shall be used for the dwelling and other structures. All dwellings shall have not less than 3,000 square feet of living area, excluding carport, garage, covered porches, covered contiguous patios, or other similar attachments, unless otherwise provided herein. ll lots shall provide for at least one garage of no less than 400 square feet per dwelling unit and such structure shall be connected to the main structure. The connection may be by breezeway. Each garage shall be equipped with a garage door. Homes must also adhere to the HOA architectural standards.

On Property Usage/Potential
Nearby Usage

Location

County Burnet
State Texas
Other Maps

Additional Information

Assessor Parcel Number (APN) 21027
Estimated Annual Taxes $56.94
Home Owners Association Horseshoe Bay Property Owners Association
Annual HOA Dues $281.50
HOA Information

Horseshoe Bay is a world-class residential and resort community developed in the early 1970's. It lies on the shoes of Lake LBJ, one of the seven Highland Lakes formed by the damming of the Colorado River.

The retirement and resort community offers many recreational amenities including 3 resort maintained eighteen-hole golf courses. In addition, there are two private club golf courses within the city.
http://www.hsbpoa.org/default.php

Legal Description

Being Lot No. K1058, Horseshoe Bay South, a subdivision located in The City of Horseshoe Bay, burnet County, Texas, as shown on the Plat No. K1.1, recorded in Volume 2, Page 136 also referenced as Cabinet 1, Slide 79C, Plat Reocrds of Burnet County, Texas, together with all rights, privileges and appurtenances pertaining thereto, including but not limited to: water rights, claims, permits, strips and gores, easements and cooperative or assocation memberships.

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Finance Terms

Foreclosed
Original Price $10,997
Purchase Price $8,118.25
Interest Rate 9.7%
Loan Term 5 years 6 months
Total Monthly Payment $197.38

Due Today

Cost to Bring Current $157.90
Down Payment $0.00
Document Fee $0.00
Transfer Tax $0.00
Total Due Today: $157.90

Pay in Full Terms

Foreclosed
Original Price $10,997
Purchase Price $8,118.25
Your Pay in Full Discount -$1,623.65
Your Price Today = $6,494.60
Document Fee + $0.00
Cost to Bring Current + $157.90
Transfer Tax + $0.00
Total Due Today $6,652.50
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