Anyone ever had a condo in HSB resort area? Feedback? Was it good experience/investment? Looking at maybe buying a condo for mainly family use with STR when not using. Not looking for a profit generating investment, but more for a weekend getaway.

I live at the other end of the lake in Kingsland, my dad lives close enough to get some city services from HSB. He also has a membership somewhere else that allows him access to everything but golf. I would see if there is a way for your guests to use the resort facilities or if they just have access to the lake for the weekend. Lake season for most people is mid May to late September if you want to get in the water.

mtony77 said:

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Anyone ever had a condo in HSB resort area? Feedback? Was it good experience/investment? Looking at maybe buying a condo for mainly family use with STR when not using. Not looking for a profit generating investment, but more for a weekend getaway.

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If you are not interested in "generating a profit" I would recommend just buying what you want and no STR. Keep all your own stuff at the place, don't worry about what days it is being used, let friends use it, no calls or property managers.
Conversely, depending on how much you will use it or not, rent a really nice place when you want to go down - odds are you come out ahead unless you find a great deal on buying one and it appreciates considerably or you go often.

We have a Lakehouse - not at Horseshoe Bay(though if I ever win the lottery I am moving there) - and it is nice to have the boat, jet skis, etc all waiting and ready to go when we get there. Never have to worry about who used it last, does it need cleaning or repairs, etc.

Oh, and if you have a condo at HSB, unless you are very disciplined, in short order you will be renting a slip and buying a boat - take that into account. Or, if buying, be sure to get a place on the water.

My best friends family has a condo at HSB and for years we would go there and I would always wish we had our own place there - for about the first 2 hours of the drive home. Then reality would set in and realized it just wouldn't make much financial sense. Later, we had circumstances conspire to make it possible/reasonable to get our own place and we love it even if we only get there 8-10 weekends a year.

In my experience, condos are rarely good investments. Fees will kill you.

Do it because you want to enjoy it with your family but don't do it thinking it will have much financial upside.