1 bed, 2 bath, 1,174 sqft on 0.25 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $550,000. Llano ISD.
About This Home
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
- Price / Sq Ft
- $468
- HOA
- $6,000/year
Listing information last updated October 7, 2026.
Listed by Keller Williams Heritage
MLS# 4983282 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Elevator
- High Speed Internet
- Multiple Dining Areas
- Open Floorplan
- Primary Bedroom on Main
- Electric Oven
- Range
- Self Cleaning Oven
- Electric Water Heater
- Tile
- Heating
- Central,Electric,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Vinyl Siding
- Level
- Trees-Heavy
- Slab
- Front Porch
- Patio
- Roof
- Metal
- Lot Size
- 0.25 Acres
- Asphalt
- Paved
- Lake Front
- Lake Privileges
- River Front
- Waterfront
Financial
- HOA Fee
- $6,000 / year
- Original List Price
- $649,000
- Price per Sq Ft
- $468
Utilities
- Cable Available
- Electricity Available
- Electricity Connected
- High Speed Internet
- Phone Available
- Sewer Available
- Water Available
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 101 Island DR Unit #F, whoever represented it.
- ActiveListed 2026Current price: $550,000Original list: $649,000MLS 4983282
- Listed · March 27, 2026$649,000
- Price changed · July 3, 2026$550,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $550,000
- Original list
- $649,000
- Price movement
- $99K reduction
- Listed / DOM
- Mar 27, 2026 · 202 days
Virtual Tour
Zoned Schools
Llano ISD
Llano
Llano
Llano
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T14:42:02.355+00:00; normalized from annual dues.
20% ($110K)
Adjustable assumption - not a lending recommendation.
$550,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay 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
202 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 Oct 15, 2026.
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