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. Owner/guests will relax in an 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 currently staged as an entertainment room complete with ping pong and foosball tables, games, bicycles and more. 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.
Features of 200 Free Rein 5
MLS® #
6456005
Price
$309,900
Bedrooms
2
Bathrooms
3.00
Full Baths
3
Square Footage
1,177
Acres
0.00
Year Built
1980
Type
Residential
Sub-Type
Townhouse
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Horseshoe Bay
Address
200 Free Rein 5
Area
LL
Subdivision
Center Court Twnh Horseshoe Bay 28011-1
City
Horseshoe Bay
County
Llano
State
TX
Zip Code
78657
Amenities of 200 Free Rein 5
Utilities
Electricity Connected, Sewer Connected
Features
None
Parking
Assigned, Converted Garage
# of Garages
1
Interior of 200 Free Rein 5
Interior
Tile, Vinyl, See Remarks
Appliances
Built-In Electric Oven, Dishwasher, Exhaust Fan, Disposal, Microwave, Electric Cooktop, Free-Standing Refrigerator, Washer/Dryer Stacked
Heating
Central, Electric
Fireplace
No
# of Fireplaces
1
Fireplaces
Living Room, Stone
# of Stories
2
Stories
Two
Exterior of 200 Free Rein 5
Exterior Features
Outdoor Grill
Lot Description
Few Trees
Roof
See Remarks, Tile
Construction
Masonry
Foundation
Slab
School Information
District
Llano ISD
Elementary
Packsaddle
Middle
Llano
High
Llano
Additional Information On 200 Free Rein 5
Days on Market
86
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
250
HOA Fees Freq.
Monthly
Gated Community
No
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $329,900 to $309,900
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Fairmount Realty(214) 562-3207. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from November 5th, 2025 at 4:45am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.