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204 40th Street, Horseshoe Bay, TX, 78657

3beds
2baths
1,140sqft
$150,000
$132price/sqft
$1,197/moest. monthly cost
$47,880/yrincome needed

About This Home

Well-maintained 3-bedroom, 2-bath manufactured home that has remained in its original location and has never been moved. Major updates include a new roof and a completely rebuilt front deck, both completed in 2024. Inside, you'll find a desirable split-bedroom floor plan with an open-concept living area that's perfect for everyday living and entertaining. The spacious kitchen features beautiful granite countertops, updated appliances, and plenty of workspace. The laundry room conveniently doubles as a walk-in pantry, providing exceptional storage. The private primary suite offers a walk-in shower and two walk-in closets, creating a comfortable retreat. Step outside to the huge covered back deck overlooking the backyard—an ideal spot for relaxing or enjoying the peaceful surroundings. Surrounded by mature oak trees and bordered by a greenbelt on three sides, this property offers outstanding privacy and a tranquil setting that's hard to find. If you're looking for a move-in-ready home with thoughtful updates, functional living spaces, and a beautiful natural backdrop, this one is a must-see.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

7/10
Spicewood Elementary SchoolGrades PK-511.0 mi
4/10
4/10
Marble Falls High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Crawl Space
  • Roof: Composition

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured On Land,Residential

Interior

Appliances

  • Appliances included: Washer Hookup,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Split Bedroom
  • Flooring: Carpet,Laminate,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,140
  • Total interior livable area: 1,140 sqft

Property

Details

  • Parcel number: 021703

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: None
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: No

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 45 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$155$1,860
Property Taxes $46$552
Electricity $238$2,859
Total$1,197$14,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,040/yr
40% on housing$35,910/yr
45% on housing$31,920/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 78657$491
Burnet County$388

vs Homes Sold Last Month

Median $/sqft

ZIP 78657
Burnet County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$150,000
2016-12-06Sold--
2016-09-17Price change$77,000
2016-09-04Listed for sale$87,000

For Sale by Agent

AgentKristen A Ribera
BrokerageMy Texas Home Broker

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