5 bed, 5 bath, 5,102 sqft on 0.24 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $5,395,000. Llano ISD.
About This Home
THE POINT ON THE ISLAND — 270 DEGREES OF WATER FRONTAGE. 186 FEET WATER FRONTAGE.
There are waterfront homes, and there are homes that command the water. Sited at a rare tip of an Applehead Island peninsula, this residence holds the single most coveted position on the island—where the land runs out and the water takes over on three sides. The video is superb check out the link below.
Lake LBJ unfolds in a full 180 degrees of unobstructed open water. Add the 90 degrees on the canal and the home claims a remarkable 270 degrees of total water frontage. The canal is 180 feet wide.
Rebuilt as a contemporary residence in 2022 and reimagined, updated and repaired by the current owner to an exacting standard—clean white volumes, warm white-oak floors, black steel window walls and soaring vaulted ceilings that pull the lake inside. A level of investment that could not be replicated today for $7 million.
The gourmet kitchen is a genuine masterpiece: a large center island, double Wolf ovens, built-in refrigeration, wine cooler, custom cabinetry, expansive stone surfaces, a separate butler's pantry and electric shades that glide open to the lake. Walls of glass frame the water from nearly every principal room.
A metal and steel cable staircase and floating catwalk connect both levels. The primary suite opens to a walk-out balcony with endless water and palm framed views, served by a spa inspired bath with freestanding tub and glass shower.
Generous secondary suites, a game room beneath a statement chandelier, a media lounge, and a custom bunk room ensure a place—and a view—for everyone.
Outside: a resort pool at the water's edge, a covered cabana with full outdoor kitchen, steel cable balconies overlooking the lake and a private dock with slips and lifts delivering you straight into open water.
Personal property and furnishings available as a separate sale.
This is not a home with a water view. It is a home that owns the water around it.
- Property Type
- Residential
- Year Built
- 1992
- Lot Size
- 0.24 acres
- Price / Sq Ft
- $1,057
- HOA
- $5,717/year
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated October 8, 2026.
Listed by ALEX
MLS# 4099259 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Suties
- Bar
- Breakfast Bar
- Dry Bar
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Home
- Smart Thermostat
- Soaking Tub
- Bar Fridge
- Dishwasher
- Dryer
- Exhaust Fan
- Freezer
- RNGHD
- Refrigerator
- Self Cleaning Oven
- Washer
- Stone
- Tile
- Wood
- Heating
- Electric,Fireplace(s)
- Cooling
- Electric
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Barbecue
- Exterior Steps
- Outdoor Grill
- Synthetic Stucco
- Landscaped
- Level
- Native Plants
- Near Golf Course
- Slab
- Deck
- Front Porch
- Porch
- Rear Porch
- Side Porch
- Terrace
- Wrap Around
- Roof
- Metal
- Lot Size
- 0.24 Acres
- Driveway
- Garage Spaces
- 3
- Pool
- Yes
- Canal Front
- Lake Front
- Waterfront
Financial
- HOA Fee
- $5,717 / year
- Original List Price
- $5,395,000
- Price per Sq Ft
- $1,057
Utilities
- Cable Available
- Propane
- Sewer Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 151 Applehead Island DR, whoever represented it.
- ActiveListed 2026Current price: $5,395,000Original list: $5,395,000MLS 4099259
- Listed · July 3, 2026$5,395,000
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.
- Current list
- $5,395,000
- Original list
- $5,395,000
- Price movement
- No verified reduction
- Listed / DOM
- Jul 3, 2026 · 105 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 2026-10-15T18:07:15.624+00:00; normalized from annual dues.
20% ($1.1M)
Adjustable assumption - not a lending recommendation.
$5,395,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$5,395,000
Price per sqft
$1,057/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
105 days
Original to current
No verified reduction
$5.4M 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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