#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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.
Property Type
Residential
Year Built
1984
Lot Size
0.25 acres
$/Sq Ft
$468
HOA
$6000/mo
Listed by Keller Williams Heritage
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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 presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($110,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 101 Island DR is around $3,862 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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)
$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. Island Village HSB median
Not available
Days on market
107 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 Jul 12, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $550,000, 101 Island DR is in the Island Village HSB market where there are currently 148 active listings in 78657.
101 Island DR was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
101 Island DR includes verified waterfront access: Lake Front,Lake Privileges,River Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
101 Island DR is part of a managed community with HOA dues of $6,000 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
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.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Island Village HSB
Active listings near 101 Island DR
$375K
103 Island DR Unit #1
$375K
103 Island DR Unit #2
$850K
90 Island DR Unit #7403
$1.35M
103 Island DR Unit #8
$275K
98 Island DR Unit #31
$1.09M
84 Island Dr Unit #9402
$898K
82 Island DR Unit #8202
$799K
98 Island DR Unit #34
