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Keenan Group#1 Austin Board of Realtors Team 2024

$6,495,000

5Beds
5.2Baths
6,334Sq Ft
0.31 acresLot

120 Applehead Island Dr, Horseshoe Bay, TX 78657

Horseshoe Bay·MLS# 7400280·Built 1996·13 days on market

5 bed, 5 bath, 6,334 sqft on 0.31 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $6,495,000. Llano ISD.

About This Home

120 Applehead Island Dr. presents a striking Mediterranean-inspired estate with panoramic open-water views and an effortless, elevated lakefront lifestyle. Arched passageways, stone columns, and hand-hewn wood beams showcase timeless architecture that extends warmth and character throughout the home. Inside, the main living spaces unfold in a dramatic, multi-level design where light and water take center stage. Here, the living room, dining area, kitchen, and lounge are seamlessly connected, providing an open setting for gathering and entertaining. Suited for intimate evenings or large celebrations, the island kitchen flows naturally into the living and multiple dining areas. The main-level primary suite offers a private retreat with patio access, his & her closets, and spacious bath while the impressive game room creates a natural extension of the home’s central gathering spaces. Guest suites, bunk accommodations, a media room, and two dedicated offices provide flexibility for hosting across generations. Outdoors, terraces and covered patios extend toward the water, where a resort-style pool, cascading waterfall, and spa overlook Lake LBJ. Evenings settle in beside the outdoor fireplace on the covered patio, while days begin just steps away at the private boat slip, offering immediate access to the constant-level waters of Lake LBJ. Within the gates of this exclusive waterfront community, 120 Applehead Island Dr. is more than a home - it is a place to gather and return to for years to come.

Property Type
Residential
Year Built
1996
Lot Size
0.31 acres
Price / Sq Ft
$1,025
HOA
$5,125/year
Garage
3 spaces
Pool
Yes

Listing information last updated October 8, 2026.

Listed by RE/MAX HORSESHOE BAY RESORT SA

MLS# 7400280 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
3-car garage with additional parking capacity
Generous 0.31-acre lot
Two Primary Baths
Two Primary Suties
Bookcases

Facts & Features

Interior

Features

  • Two Primary Baths
  • Two Primary Suties
  • Bar
  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-High
  • Ceiling-Vaulted
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Entrance Foyer
  • In-Law Floorplan
  • Interior Steps
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Study
  • Home Office
  • Walk-In Closet(s)

Appliances

  • Bar Fridge
  • Built-In Oven(s)
  • Built-In Refrigerator
  • Cooktop
  • Dishwasher
  • Disposal
  • Microwave
  • Propane Cooktop
  • Stainless Steel Appliance(s)
  • Electric Water Heater

Flooring

  • Carpet
  • Tile
  • Wood
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air,Multi Units
Fireplaces
2
Exterior & Lot

Features

  • Balcony
  • Boat Dock - Private
  • Boat Lift
  • Exterior Steps
  • Gas Grill
  • Gutters Full
  • Lighting
  • Outdoor Grill
  • Restricted Access
  • Satellite Dish

Construction

  • Glass
  • Stone
  • Stucco

Lot Features

  • Cul-De-Sac
  • Landscaped
  • Sprinkler - Automatic
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Fencing

  • Stone
  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Rear Porch
Roof
Spanish Tile
Lot Size
0.31 Acres

Parking

  • Circular Driveway
  • Door-Multi
  • Driveway
  • Garage Door Opener
  • Garage Faces Side
  • Inside Entrance
Garage Spaces
3
Pool
Yes

Waterfront

  • Waterfront
Financial
HOA Fee
$5,125 / year
Original List Price
$6,495,000
Price per Sq Ft
$1,025
Utilities
  • Electricity Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 120 Applehead Island DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $6,495,000Original list: $6,495,000MLS 7400280
    1. Listed · October 2, 2026$6,495,000
  2. ExpiredListed 2026
    Current price: $6,495,000Original list: $6,495,000MLS 4722912
    1. Listed · May 12, 2026$6,495,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$6,495,000
Original list
$6,495,000
Price movement
No verified reduction
Listed / DOM
Oct 2, 2026 · 13 days

Virtual Tour

Virtual tour of 120 Applehead Island Dr
Map showing 120 Applehead Island DR
120 Applehead Island DR
Directions

Zoned Schools

Llano ISD

1 High School1 Middle School1 Elementary School

Llano

High SchoolGrades 9-12Zoned assignment

Llano

Middle SchoolGrades 6-8Zoned assignment

Llano

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$35,976
HOA dues
$427

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 2026-10-15T17:07:13.758+00:00; normalized from annual dues.

20% ($1.3M)

Adjustable assumption - not a lending recommendation.

$6,495,000

Loan: $5.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.

List price

$6,495,000

Price per sqft

$1,025/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

13 days

Original to current

No verified reduction

$6.5M 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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Frequently Asked Questions

How much is 120 Applehead Island Dr?

120 Applehead Island Dr is listed at $6,495,000 with 5 bedrooms, 5 full, 2 half bathrooms, 6,334 square feet, 0.31-acre lot. This places it above the ZIP 78657 single-family closed-sale median price of $735,000 (ZIP 78657 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 120 Applehead Island Dr in?

120 Applehead 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.

What are the property details for 120 Applehead Island Dr?

120 Applehead Island Dr is a Residential built in 1996 featuring 5 bedrooms, 5 full, 2 half bathrooms, 6,334 square feet, 0.31-acre lot.

What are the property taxes for 120 Applehead Island Dr?

The most recent annual property tax for 120 Applehead Island Dr is $57,735. 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.

How should a buyer estimate the monthly payment for 120 Applehead Island Dr?

This page does not assume a mortgage rate or publish a monthly payment for 120 Applehead Island Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 120 Applehead Island Dr compare with other homes in Horseshoe Bay?

As of Oct 15, 2026, 120 Applehead Island Dr is offered at $6,495,000. The current MLS snapshot shows 138 active listings in 78657.

What is the water access at 120 Applehead Island Dr?

The MLS listing marks 120 Applehead Island Dr as waterfront. The reported waterfront feature is Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 120 Applehead Island Dr?

The MLS listing reports HOA or association dues of $5,125 annual for 120 Applehead 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.

Why Choose the #1 Austin Board Team for Horseshoe Bay

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 10/15/2026, 12:07:13 PM

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