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Located in the heart of Horseshoe Bay and within walking distance to many of the Club at Horseshoe Bay Resort* amenities, this charming one-bedroom, one-bath bungalow with a spacious loft is the perfect lake getaway. A private courtyard welcomes you into this inviting retreat. You’ll find beautifully updated finishes throughout, including Andersen doors and windows and elegant Wellington cabinetry. The spacious loft can comfortably sleep additional guests, or serve as an office or flex space. Step outside to enjoy the beautifully maintained common area behind the complex, complete with lush green space, seating areas, boat dock, and stunning lake views just steps away. Boating enthusiasts will appreciate the ability to pull your boat right up to the property for effortless days on the water, while the underground parking garage adds extra convenience and comfort. Sold furnished! Patio set, Louisiana Grills Kamado egg-style grill also convey, making this property truly move-in ready for entertaining and enjoying lakeside living from day one. One of the most unique features of this condo is the option to purchase the neighboring unit as well. The adjacent condo is a mirror image image and has also been remodeled to perfection, creating the ideal setup for hosting family & friends while maintaining privacy and personal space. Whether you’re searching for a weekend retreat, investment property, or full-time escape, this rare waterfront opportunity is one you won’t want to miss. *Membership required.
Property Type
Residential
Year Built
1975
Lot Size
0.01 acres
$/Sq Ft
$580
HOA
$1941/mo
Garage
1 spaces
Listed by Horseshoe Bay Resort Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
103 Island DR Unit #1 is listed at $375,000 with 2 bedrooms, 1 full bathrooms, 647 square feet, 0.01-acre lot.
103 Island DR Unit #1 is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
103 Island DR Unit #1 is a Residential built in 1975 featuring 2 bedrooms, 1 full bathrooms, 647 square feet, 0.01-acre lot.
103 Island DR Unit #1 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.
The most recent annual property tax for 103 Island DR Unit #1 is $1,342. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed 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% ($75K)
$375,000
Luxury property intelligence
A sourced read on Portofina pricing, timing, and property scale. No automated valuation claim.
List price
$375,000
Price per sqft
$580/sqft
Vs. Portofina median
Not available
Days on market
5 days
Original to current
No verified reduction
$375K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 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
With 20% down ($75,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 103 Island DR Unit #1 is around $2,058 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $375,000, 103 Island DR Unit #1 is in the Portofina market where there are currently 146 active listings in 78657.
103 Island DR Unit #1 was built in 1975 (51 years ago). Buyers should budget for potential updates to major systems.
103 Island DR Unit #1 includes verified waterfront access: Lake Front. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
103 Island DR Unit #1 is part of a managed community with HOA dues of $1,941 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.
1 event on record
Current Price
$375,000
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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