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$5,395,000
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Property Description
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.
Full Property Details
Full Property Details for 151 Applehead Island Dr
General
- Price: $5,395,000
- HOA FEE: $476/month
- HOA FEE FREQ.: Annually
- Taxes: $47,872 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4099259
- Updated: 7/3/2026
- Added to Site: 54 day(s) ago
Interior
- Interior Features: Breakfast Bar, Dry Bar, Kitchen Island, Main Level Primary, Multiple Primary Suites, Open Floorplan, Pantry, Recessed Lighting, Smart Home, Soaking Tub, Smart Thermostat, Bar, High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Recreation Room
- Appliances: Bar Fridge, Dryer, Dishwasher, Exhaust Fan, Freezer, Refrigerator, Range Hood, Self Cleaning Oven, Washer
- Flooring: Stone, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 1
Other Rooms
- Laundry: Main Level, Laundry Room, Electric Dryer Hookup
Additional Information
- Shared Amenities: Common Grounds/Area, Conference/Meeting Room, Curbs, Golf, Internet Access, Park, Pool, Putting Green, Racquetball, Airport/Runway, Sport Court(s), Tennis Court(s)
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Pool/Spa Combo, Waterfall, Community
- Tennis: Yes
- Security/Safety: Gated with Guard, Controlled Access
Exterior
- Exterior Features: Balcony, Barbecue, Exterior Steps, Outdoor Grill
- Porch/Patio/Deck: Rear Porch, Deck, Front Porch, Porch, Side Porch, Terra
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 9
- Parking Features: Driveway
Location
- Area: LL
- County: Llano
- Subdivision: Applehead Island
- Driving Directions: Follow Bay W Blvd to Applehead Island Dr 2.8 MI Enter via Guard Gated Entrance Follow street number signs to 151 Property at point on your left
- Direction Faces: South
School Information
- Elem School District: Llano ISD
- Midd School District: Llano ISD
- High School District: Llano ISD
- Elementary School: Llano
- Middle School: Llano
- High School: Llano
Community
- Association: Yes
- Assoc. Name: Horseshoe Bay Maintenance Association
- Assoc. Fees Include: Common Area Maintenance, Maintenance Grounds, Parking, Security
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Propane, Sewer Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Synthetic Stucco
- Roof: Metal
- Windows: Insulated Windows, Low-Emissivity Windows, Triple Pane Windows
- Stories/Levels: 2
- Square Feet: 5,102
- Sq. Ft. Source: Public Records
- Living Area: 5,102 Sq. Ft.
- Year Built: 1992
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Boat House, Garage(s), Outdoor Kitchen
Lot Features
- Property View: Canal, Lake
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454.4
- Lot Features: Near Golf Course, Landscaped, Level, Native Plants, Sprinklers In Ground
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Other/Out of State
- Water Front Desc.: Canal Front, Lake Front, Waterfront
- Lake Front: Yes
Green Features
- Energy Efficient: Materials
Financial Considerations
- Association Fee: $5,717
- Assoc Fee Freq.: Annually
- Assessment Amount: $3,577,170
- Tax Amount: $47,872.33
- Tax Year: 2026
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Site Plan, Survey
- Legal Description: HORSESHOE BAY APPLEHEAD ISLAND LT 151
- Disclosures/Reports: Seller Disclosure
- Property ID: 16111
- Lot Number: 151
Listed by Alex
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Schools
Schools serving 151 Applehead Island Dr
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Packsaddle Elementary School 150 Pioneer Lane, Kingsland, TX 78639 | PK-5 | 7 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 20.6 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 20.9 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 151 Applehead Island Dr
Date
Details
Price
Change
Source
7/03/2026
Listed
$5,395,000
—
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 151 Applehead Island Dr
Year
Property Taxes
Change
Tax Assessment
Change
2026
$47,872
21%
$3,011,260
—
2024
$39,690
4%
$3,011,260
7%
2023
$38,240
2%
$2,804,670
35%
2022
$37,320
23%
$2,084,310
9%
2020
$30,418
—
$1,919,400
-13%
2020
$30,418
-4%
$2,212,680
1%
2019
$31,561
-1%
$2,185,280
2%
2018
$31,785
—
$2,145,940
—
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 151 Applehead Island Dr
151 Applehead Island Drive, Horseshoe Bay, TX 78657 (MLS# 4099259) is a Single Family property with 5 bedrooms and 5 full bathrooms. 151 Applehead Island Drive is currently listed for $5,395,000 and was received on July 03, 2026. Want to learn more about 151 Applehead Island Drive? Do you have questions about finding other Single Family 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.

