Date
Details
Price
Change
Source
3/05/2026
Listed
$311,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$311,900
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Property Description
Loaded with updates! Better than new! EXTREMELY SUCCESSFUL AIRBNB: Great investment opportunity and or owner vacation home. Move in ready! AS-IS, all furnishings included. Residential investment/income opportunity, vacation home, or full-time residence. Totally renovated and updated 2 bed/ 3 bath two-story townhouse. Roof has a newly added All Season Roof Protection Sealant. Awe-inspiring master bath & shower. New Luxury Vinyl Plank floors and white tiling blend with the color scheme in each room. Marbled Quartz counter tops in the bathrooms and kitchen with dazzling rich blue cabinets, and a custom back splash and stainless-steel appliances mesh in color and design. An inviting dining and living room area with a fireplace and modern Whitestone is perfect for a retreat. As an added bonus, the garage is staged as an entertainment room complete with ping pong and foosball tables, games, bicycles and more or use as garage. Listing price INCLUDES ALL furnishings, furniture and appliances meticulously staged. As an investment opportunity this complex is HOA approved for both long term/short term rentals. Owner rents the unit as a profitable Airbnb with a successful occupancy rate. Situated on the doorstep of the Horseshoe Bay Resort, members could enjoy amenities near the unit including tennis, pools, marina, spa, and fitness and dining facilities. For members entertainment also includes a full 18 hole "real grass" putting green, movies, Kids Club activities, concerts and more. Horseshoe Bay features 5 of the Hill Country's finest 18-hole golf courses. **Non-club members cannot use resort pools or amenities but can publicly dine at Jay's Restaurant. Resort membership not included. Nearby dining/entertainment options are found with a short 3-minute drive to Cottonwood Shores with public access to Lake LBJ Yacht Club and Marina, Bay View Restaurant, and a Fresh Air Food Pickleball Park. 10 minutes away is Marble Falls with its dining, shopping, and entertainment options.
Full Property Details
Full Property Details for 200 Free Rein #5
General
- Price: $311,900
- HOA FEE: $250/month
- Taxes: $4,002 (2025)
- Status: Active
- Type: Townhouse
- Source: Austin_MLS
- MLS ID: 1077382
- Updated: 3/30/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Storage
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Stone
- Appliances: Built-In Electric Oven, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Exhaust Fan, Free-Standing Refrigerator, Disposal, Microwave
- Flooring: See Remarks, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage, Stacked
Additional Information
- Shared Amenities: None
- Spa Description: None
- Security/Safety: None
Exterior
- Exterior Features: Outdoor Grill
- Porch/Patio/Deck: Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Converted Garage
Location
- Area: LL
- County: Llano
- Subdivision: Center Court Twnh Horseshoe Bay 28011-1
- Driving Directions: 2147 to Horseshoe Bay Blvd; Left on Free Rein; townhouses on Right; Unit 5 is on Left in back
- Direction Faces: North
School Information
- Elem School District: Llano ISD
- Midd School District: Llano ISD
- High School District: Llano ISD
- Elementary School: Packsaddle
- Middle School: Llano
- High School: Llano
Community
- Association: Yes
- Assoc. Name: Center Court HOA
- Assoc. Fees Include: Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: See Remarks, Tile
- Windows: Blinds, Skylight(s)
- Stories/Levels: 2
- Square Feet: 1,177
- Sq. Ft. Source: Public Records
- Living Area: 1,177 Sq. Ft.
- Year Built: 1980
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: None, See Remarks
Lot Features
- Lot Dimensions: 0 x 0
- Lot Features: Few Trees
- Fencing (Description): None
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Monthly
- Assessment Amount: $299,050
- Tax Amount: $4,002.11
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: HOA Documents
- Legal Description: Center Court Twnh Horseshoe Bay 28011-5 Phase 2
- Disclosures/Reports: Seller Disclosure
- Property ID: 1097528011050
Listed by Fairmount Realty
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Listing agent
— 200 Free Rein #5 —
Fairmount Realty
(214) 562-3207
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Schools
Schools serving 200 Free Rein #5
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Packsaddle Elementary School 150 Pioneer Lane, Kingsland, TX 78639 | PK-5 | 9.1 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 22.9 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 23.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 Free Rein #5
Tax History
Tax History for 200 Free Rein #5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,596
-56%
$299,050
8%
2024
$3,637
16%
$275,904
20%
2023
$3,135
-13%
$229,920
15%
2022
$3,595
117%
$200,790
18%
2020
$1,656
—
$169,510
65%
2020
$1,656
-2%
$102,880
3%
2019
$1,692
3%
$100,060
6%
2018
$1,638
—
$94,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 Free Rein #5
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 5Total Baths
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- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 2Total Baths
200 Free Rein #5, Horseshoe Bay, TX 78657 (MLS# 1077382) is a Townhouse property with 2 bedrooms and 3 full bathrooms. 200 Free Rein #5 is currently listed for $311,900 and was received on March 05, 2026. Want to learn more about 200 Free Rein #5? Do you have questions about finding other Townhouse real estate for sale in Horseshoe Bay? You can browse all Horseshoe Bay real estate or contact a Coldwell Banker agent to request more information.