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Keenan Group#1 Austin Board of Realtors Team 2024

$759,000

3Beds
2Baths
1,344Sq Ft

98 Island Dr Unit #34, Horseshoe Bay, TX 78657

Reduced 22%$975,000
Horseshoe Bay·MLS# 7040275·Built 2008·151 days on market

3 bed, 2 bath, 1,344 sqft in Horseshoe Bay. Horseshoe Bay, TX 78657. $759,000. Llano ISD.

About This Home

HUGE PRICE DROP!! Front-row seats to Lake LBJ don’t come much better than this. From your oversized covered balcony, take in wide, north-facing views stretching across open water to the iconic Lighthouse—one of the most recognizable backdrops in Horseshoe Bay. This fully furnished, move-in ready 3-bedroom, 2-bath condo sits right next to the Yacht Club, putting you in the center of it all. Inside, the layout just works—open living, dining, and kitchen anchored by a breakfast bar, all leading straight out to the lake. The primary suite is positioned where it should be…overlooking the waters of Lake LBJ, with balcony access and views you’ll never get tired of. Two guest bedrooms and a full bath are tucked toward the front, along with a convenient laundry closet. Access is easy with elevator service from the garage to the third floor. You’ll have a designated parking space plus an owner’s storage closet right across from your front door—ideal for keeping lake gear close but out of sight. Step outside and you’re immediately at the lagoon-style pool, with resident boat docks just beyond. Whether it’s morning coffee, sunset drinks, or a quick run out on the water, everything is right here. Short-term rentals are allowed, offering flexibility for personal use or income potential. Resort amenities are available with membership. If you’ve been looking for a true lock-and-leave lake place with a view that actually delivers—this is it.

Property Type
Residential
Year Built
2008
Price / Sq Ft
$565
HOA
$742/mo

Listing information last updated September 29, 2026.

Listed by Horseshoe Bay ONE Realty

MLS# 7040275 • Active

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

Highlights

Breakfast Bar
Ceiling Fan(s)
Granite Counters
Double Vanity
Elevator
Entrance Foyer

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Elevator
  • Entrance Foyer
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)

Appliances

  • Disposal
  • Microwave
  • Free-Standing Electric Oven
  • Plumbed For Ice Maker
  • Refrigerator
  • Washer
  • Dryer
  • Electric Water Heater

Flooring

  • Tile
  • Wood
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air
Exterior & Lot

Features

  • Balcony
  • Boat Dock - Shared
  • Outdoor Grill

Construction

  • Hardi
  • Plank Type
  • Stone Veneer

Lot Features

  • Landscaped
  • Views

Foundation

  • Slab

Patio / Porch

  • Covered
Roof
Tile

Parking

  • Basement
  • Reserved

Waterfront

  • Lake Front
  • Lake Privileges
  • Waterfront
Financial
HOA Fee
$742 / mo
Original List Price
$975,000
Price per Sq Ft
$565
Utilities
  • Cable Available
  • Electricity Connected
  • High Speed Internet
  • Phone Available
  • Sewer Connected
  • Underground Utilities
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 98 Island DR Unit #34, whoever represented it.

  1. ActiveListed 2026
    Current price: $759,000Original list: $975,000MLS 7040275
    1. Listed · May 17, 2026$975,000
    2. Price changed · June 30, 2026$799,000
    3. Price changed · September 29, 2026$759,000

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.

View Timeline
Current list
$759,000
Original list
$975,000
Price movement
$216K reduction
Listed / DOM
May 17, 2026 · 151 days

Virtual Tour

Virtual tour of 98 Island Dr Unit #34
Map showing 98 Island DR Unit #34
98 Island DR Unit #34
Directions

Zoned Schools

Llano ISD

1 High School1 Middle School1 Elementary School

Llano

High SchoolGrades 9-12Zoned assignment

Llano

Middle SchoolGrades 6-8Zoned assignment

Packsaddle

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
$4,204
HOA dues
$742

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 2026-10-15T10:17:08.394+00:00; normalized from monthly dues.

20% ($152K)

Adjustable assumption - not a lending recommendation.

$759,000

Loan: $607K
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

$759,000

Price per sqft

$565/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

151 days

Original to current

$216K reduction

$975K 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 98 Island Dr Unit #34?

98 Island Dr Unit #34 is listed at $759,000 with 3 bedrooms, 2 full bathrooms, 1,344 square feet. 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 98 Island Dr Unit #34 in?

98 Island Dr Unit #34 is zoned for Llano ISD with assigned schools: Packsaddle (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.

What are the property details for 98 Island Dr Unit #34?

98 Island Dr Unit #34 is a Residential built in 2008 featuring 3 bedrooms, 2 full bathrooms, 1,344 square feet.

What are the property taxes for 98 Island Dr Unit #34?

The most recent annual property tax for 98 Island Dr Unit #34 is $7,363. 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 98 Island Dr Unit #34?

This page does not assume a mortgage rate or publish a monthly payment for 98 Island Dr Unit #34. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 98 Island Dr Unit #34 compare with other homes in Horseshoe Bay?

As of Oct 15, 2026, 98 Island Dr Unit #34 is offered at $759,000. The current MLS snapshot shows 138 active listings in 78657.

What is the water access at 98 Island Dr Unit #34?

The MLS listing marks 98 Island Dr Unit #34 as waterfront. The reported waterfront feature is Lake Front, Lake Privileges, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 98 Island Dr Unit #34?

The MLS listing reports HOA or association dues of $742 monthly for 98 Island Dr Unit #34. 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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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Last updated: 10/15/2026, 5:17:08 AM

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