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ABOUT COVE HARBOR

Cove Harbor Townhomes will be a luxury waterfront development on Lake LBJ in Horseshoe Bay, Texas. The completed development will consist of 10 townhomes. Each home will have 3 stories, 5 bedrooms 5 1/2 bath, a boat slip, 2 jet-ski ramps, private pool, and multiple open areas, all accessed by elevator. 

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Currently the property is being re-platted to accommodate the more spacious 10 townhomes from the original plat of 12 townhomes. Floor plans are in the design phase and construction is anticipated to begin in early 2023, once approved by the city of Horseshoe Bay and the Horseshoe Bay Resort Architectural Committee. 

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The first 6 units will be built with an expected purchase price of $2,850,000.00. The remaining 4 units will be listed at the current market price when completed in early 2024. If offered today, the most recent nearby comp (May 2022) for a townhome of this intended quality is $3,500,000.00 that is 3600 sq' + built in 2009.

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Due to the increasing amount of interest expressed in Cove Harbor, "Right of First Refusal" (RFR) agreements have been requested. Click here to view an example draft of the RFR agreement. Email info@coveharborhsb.com for more detailed information regarding the RFR agreement.

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Each owner will have the option for short term rentals if desired. A private only rental management would be available.  Additionally, owners will have the option to buy into a Co-Ownership LLC rather than own an individual unit solely.

Aerial View of Lot Location

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About Horseshoe Bay

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