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Property Description
Open water views on Lake LBJ in the exclusive gated community of Island Village. This recently remodeled 1,174 sq. ft. waterfront condo in Horseshoe Bay delivers the kind of low-maintenance lake lifestyle that works as both a weekend retreat and a full-time residence. The interior has been updated for modern comfort and style, while the main living space keeps the focus where it belongs-on the water. It's a clean, easy setup for buyers who want lakefront access without the upkeep of a larger property. Community amenities add even more value. The private pool is just steps from the condo, and lake access includes allotted PWC space, availability for a day slip, and a fishing dock. A 1-car detached garage provides practical storage and convenience. This location is hard to beat. The condo is within walking distance of the Yacht Club, Horseshoe Bay Resort Spa, and Horseshoe Bay Resort, giving you quick access to luxury amenities. You're also close to restaurants, shopping, five championship private golf courses, five public golf courses, and the Texas Wine Country destination of Fredericksburg. Because it's Lake LBJ, you also get the advantage of constant water levels and year-round water enjoyment. Waterfront views, gated privacy, recent remodel, and resort-area convenience-all in one of Horseshoe Bay's most desirable lakefront settings.
Full Property Details
Full Property Details for 101 Island Dr #F
General
- Price: $649,900
- HOA FEE: $500/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Condo
- Source: Central_Texas_MLS
- MLS ID: 607898
- Updated: 3/27/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings, Living/Dining Room, Multiple Dining Areas, Tub Shower, Breakfast Bar, Eat-in Kitchen, Solid Surface Counters
- Fireplace: Yes
- Fireplace(s): Electric, Living Room
- Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Oven
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Gated Community, Controlled Access
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Deck
Location
- County: Llano
- Subdivision: Island Village Condo
- Driving Directions: From HWY 71W, turn right on 2147, left on HSB blvd, right on Island Dr. Complex on Right.
School Information
- Elem School District: Llano ISD
- Midd School District: Llano ISD
- High School District: Llano ISD
- Elementary School: Llano Elmentary
- Middle School: Llano Jr. High School
- High School: Llano High School
Community
- Association: Yes
- Assoc. Name: Island Village POA
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, 1 Unit
- Heating Type: Central, Electric
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, High Speed Internet Available, Trash Collection Public
Structural Information
- Construction: Stucco
- Roof: Metal
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 1,174
- Sq. Ft. Source: Appraiser
- Living Area: 1,174 Sq. Ft.
- Year Built: 1984
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Property View: Lake, Panoramic, River, Water
- Lot Size (Acres): 0.25
- Frontage: County Road, Asphalt, Paved
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Colorado River, Lake LBJ, Panoramic, Water Access, Wat
- Water Front Desc.: Water Access, Other
- Water Front View: Water Access, Other
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $6,000
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Disclosure(s), Floorplan, Seller's Property Disclosure
- Legal Description: ISLAND VILLAGE CONDO HORSESHOE BAY 33001-F 80% UDI
- Property ID: 33976
Listed by Keller Williams Heritage
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Schools
Schools serving 101 Island Dr #F
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Packsaddle Elementary School 150 Pioneer Lane, Kingsland, TX 78639 | PK-5 | 8.7 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 22.8 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 23.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 Island Dr #F
Date
Details
Price
Change
Source
3/27/2026
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 Island Dr #F
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,364
-60%
$442,896
—
2024
$5,838
-14%
$442,896
17%
2022
$6,798
62%
$379,664
32%
2020
$4,202
—
$286,920
10%
2020
$4,202
6%
$260,992
11%
2019
$3,979
-21%
$235,280
-19%
2018
$5,051
—
$291,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 Island Dr #F
101 Island Drive #F, Horseshoe Bay, TX 78657 (MLS# 607898) is a Condo property with 1 bedroom and 2 full bathrooms. 101 Island Drive #F is currently listed for $649,900 and was received on March 27, 2026. Want to learn more about 101 Island Drive #F? Do you have questions about finding other Condo real estate for sale in Horseshoe Bay? You can browse all Horseshoe Bay real estate or contact a Coldwell Banker agent to request more information.

