#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
1 bed, 2 bath, 1,174 sqft on 0.25 acres in Island Village HSB. Horseshoe Bay, TX 78657. $550,000. Llano ISD.
Recently remodeled Lake LBJ waterfront condo in the gated Island Village community of Horseshoe Bay. With 1,174 sq. ft., expansive open water views, and easy access to the lake, this property is ideal for a weekend getaway or full-time lakefront living. Inside, the updated interior brings fresh style and comfort, while the living space and windows keep the water views front and center. The layout is easy to enjoy, easy to maintain, and built for the kind of lock-and-leave lifestyle buyers want on Lake LBJ. The community amenities make the lake lifestyle even better. Enjoy a private pool just steps away, plus allotted PWC space, availability for a day slip for boats, and a fishing dock for time on the water. A 1-car detached garage adds convenience and storage. The location puts you close to everything that makes Horseshoe Bay special. You’re a short walk to the Yacht Club, Horseshoe Bay Resort Spa, and Horseshoe Bay Resort, with nearby access to great restaurants, shopping, five championship private golf courses, and five public courses. Fredericksburg and Texas Wine Country are also within reach for easy day trips. With constant water levels on Lake LBJ, the lake lifestyle doesn’t take a season off. Open water views. Gated community. Remodeled interior. Resort access. This is Horseshoe Bay lake living done right.
Verified property facts
101 Island DR is listed at $550,000 with 1 bedrooms, 2 full bathrooms, 1,174 square feet, 0.25-acre lot.
101 Island DR is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
101 Island DR is a Residential built in 1984 featuring 1 bedrooms, 2 full bathrooms, 1,174 square feet, 0.25-acre lot.
101 Island DR is listed by Keller Williams Heritage. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 101 Island DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at 101 Island DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Llano ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($110K)
Adjustable assumption - not a lending recommendation.
$550,000
Luxury property intelligence
A sourced read on Island Village HSB pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
$468/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
182 days
Original to current
$99K reduction
$649K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 25, 2026, 101 Island DR is offered at $550,000. The current MLS snapshot shows 142 active listings in 78657.
101 Island DR was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 101 Island DR as waterfront. The reported waterfront feature is Lake Front, Lake Privileges, River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $6,000 annual for 101 Island DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$550,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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