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Keenan Group#1 Austin Board of Realtors Team 2024

$5,395,000

5Beds
5Baths
5,102Sq Ft
0.24 acresLot

151 Applehead Island Dr, Horseshoe Bay, TX 78657

Horseshoe Bay·MLS# 4099259·Built 1992·105 days on market

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

Private pool and outdoor entertaining setup
3-car garage with additional parking capacity
Generous 0.24-acre lot
Two Primary Suties
Breakfast Bar
Dry Bar

Facts & Features

Interior

Features

  • 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

Appliances

  • Bar Fridge
  • Dishwasher
  • Dryer
  • Exhaust Fan
  • Freezer
  • RNGHD
  • Refrigerator
  • Self Cleaning Oven
  • Washer

Flooring

  • Stone
  • Tile
  • Wood
Heating
Electric,Fireplace(s)
Cooling
Electric
Fireplaces
2
Exterior & Lot

Features

  • Balcony
  • Barbecue
  • Exterior Steps
  • Outdoor Grill

Construction

  • Synthetic Stucco

Lot Features

  • Landscaped
  • Level
  • Native Plants
  • Near Golf Course

Foundation

  • Slab

Patio / Porch

  • Deck
  • Front Porch
  • Porch
  • Rear Porch
  • Side Porch
  • Terrace
  • Wrap Around
Roof
Metal
Lot Size
0.24 Acres

Parking

  • Driveway
Garage Spaces
3
Pool
Yes

Waterfront

  • 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.

  1. ActiveListed 2026
    Current price: $5,395,000Original list: $5,395,000MLS 4099259
    1. 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.

View Timeline
Current list
$5,395,000
Original list
$5,395,000
Price movement
No verified reduction
Listed / DOM
Jul 3, 2026 · 105 days

Virtual Tour

Virtual tour of 151 Applehead Island Dr
Map showing 151 Applehead Island DR
151 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
$29,883
HOA dues
$476

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

Loan: $4.3M
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

$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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Verified property facts

Frequently Asked Questions

How much is 151 Applehead Island Dr?

151 Applehead Island Dr is listed at $5,395,000 with 5 bedrooms, 5 full bathrooms, 5,102 square feet, 0.24-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 151 Applehead Island Dr in?

151 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 151 Applehead Island Dr?

151 Applehead Island Dr is a Residential built in 1992 featuring 5 bedrooms, 5 full bathrooms, 5,102 square feet, 0.24-acre lot.

What are the property taxes for 151 Applehead Island Dr?

The most recent annual property tax for 151 Applehead Island Dr is $47,872. 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 151 Applehead Island Dr?

This page does not assume a mortgage rate or publish a monthly payment for 151 Applehead Island Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 151 Applehead Island Dr compare with other homes in Horseshoe Bay?

As of Oct 15, 2026, 151 Applehead Island Dr is offered at $5,395,000. The current MLS snapshot shows 138 active listings in 78657.

When was 151 Applehead Island Dr built?

151 Applehead Island Dr was built in 1992 (34 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 151 Applehead Island Dr?

The MLS listing marks 151 Applehead Island Dr as waterfront. The reported waterfront feature is Canal Front, Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 151 Applehead Island Dr?

The MLS listing reports HOA or association dues of $5,717 annual for 151 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, 1:07:15 PM

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