8 bed, 8 bath, 7,635 sqft on 0.58 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $5,295,000. Llano ISD.
About This Home
Beyond the gates of Applehead Island, 84 Applehead Island Dr. unfolds across two waterfront lots encompassing 324' of shoreline and exceptional views across Lake LBJ. The property combines a 5,438 sq. ft. main residence and 2,197 sq. ft. guest house to create an exceptional 8-bedroom, 8.5-bath lakefront compound designed for gathering family and friends. The main residence features a lakeside primary suite and a versatile guest suite/home office with built-in Murphy bed on the main level, while three additional guest suites are privately situated upstairs. Soaring ceilings, expansive living and dining spaces, a game room, and walls of windows create inviting spaces that embrace the waterfront setting throughout. A separate guest house provides three additional suites, including a bunk room and upper-level suite with suspended beds, plus a kitchenette for extended stays. Outdoor living unfolds across multiple covered patios and open-air gathering spaces overlooking the water. A negative-edge pool and spa anchor the lakeside setting, while the boathouse features two boat slips, four PWC ramps, generous storage, and a rooftop deck positioned to capture sweeping views. Suited for multi-generational living and large-scale entertaining, this remarkable waterfront estate captures the very best of Applehead Island living. Call today to schedule a private showing and see for yourself.
- Property Type
- Residential
- Year Built
- 2000
- Lot Size
- 0.58 acres
- Price / Sq Ft
- $694
- 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# 2103393 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Built-in Features
- Interior Steps
- Multiple Dining Areas
- Multiple Living Areas
- Murphy Bed
- Primary Bedroom on Main
- Built-In Oven(s)
- Electric Cooktop
- Dishwasher
- Microwave
- Refrigerator
- Trash Compactor
- Carpet
- Stone
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Boat Dock - Private
- Exterior Steps
- Gas Grill
- Gutters Full
- Private Yard
- Masonry – All Sides
- Trees-Medium (20 Ft - 40 Ft)
- Slab
- Covered
- Deck
- Patio
- Roof
- Metal
- Lot Size
- 0.58 Acres
- Attached
- Circular Driveway
- Door-Multi
- Garage Door Opener
- Garage Faces Side
- Garage Spaces
- 3
- Pool
- Yes
- Waterfront
Financial
- HOA Fee
- $5,125 / year
- Original List Price
- $5,495,000
- Price per Sq Ft
- $694
Utilities
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 84 Applehead Island DR, whoever represented it.
- ActiveListed 2026Current price: $5,295,000Original list: $5,495,000MLS 2103393
- Listed · June 29, 2026$5,495,000
- Price changed · September 8, 2026$5,295,000
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
- $5,295,000
- Original list
- $5,495,000
- Price movement
- $200K reduction
- Listed / DOM
- Jun 29, 2026 · 108 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 2026-10-15T16:07:14.177+00:00; normalized from annual dues.
20% ($1.1M)
Adjustable assumption - not a lending recommendation.
$5,295,000
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Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$5,295,000
Price per sqft
$694/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
108 days
Original to current
$200K reduction
$5.5M 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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