403 Island Drive, Horseshoe Bay, TX 78657 - Photo 1

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$4,300

For Rent
Active
Condo
3 Beds
3 Full Baths
Updated 10 days ago

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Property Description

Experience refined lakefront living in this exceptional townhome located within a gated waterfront community on Lake LBJ. Offering direct lake access and resort-style amenities, this residence presents a rare opportunity to enjoy privacy, security, and a true lakeside lifestyle. The home features direct access to Lake LBJ via a private boat dock, making it ideal for boating and water recreation enthusiasts. Residents also enjoy access to a beautiful in-ground community pool, enhancing the relaxed, resort-like atmosphere. Inside, the main living area is open, bright, and thoughtfully designed, with expansive wall-to-wall windows that showcase stunning lake views and fill the space with natural light. The seamless layout creates an inviting environment for both everyday living and entertaining. The main level offers two well-appointed bedrooms. The primary bedroom includes an en-suite bathroom and walk-in closet, while the guest bedroom is conveniently connected to a hallway bathroom, providing comfort and privacy for residents and guests alike. The entire second floor has been fully renovated into a theater and flexible living space, complete with a full bathroom. This versatile area is ideal for a media room, home office, entertainment lounge, or additional guest retreat. Combining lakefront access, modern updates, and a gated community setting, this townhome delivers an exceptional long-term rental opportunity on the constant-level waters of Lake LBJ.

Full Property Details

Full Property Details for 403 Island Dr

General

Rent: $4,300
Status: Active
Type: Condo
Source: Highland_Lakes_MLS
MLS ID: 176445
Updated: 3/31/2026
Added to Site: 59 day(s) ago

Interior

Rooms/Areas: Family Room
Fireplace: Yes
Fireplace(s): One, One
Appliances: Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Flooring: Carpet, Hardwood, Tile

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 3

Additional Information

Shared Amenities: Pool, Water
Pool: Yes
Pool Description: In Ground

Exterior

Exterior Features: Balcony, Courtyard

Parking

Garage: Yes
Garage Description: 1 Car Detached Garage, Front Entry

Location

County: Llano
Subdivision: Horseshoe Bay P
Driving Directions: From US 281 S, turn right onto FM2147 W continuing 5.5 miles. Right turn onto Horseshoe Bay Blvd. At the traffic circle, take the 1st exit and stay on Horseshoe Bay Blvd. Exit the traffic circle onto Horseshoe Bay Blvd and take right onto Island Drive. In 0.3 miles, destination will be on the right

School Information

High School District: Marble Falls

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Block, Stone
Square Feet: 1,875
Sq. Ft. Source: Appraiser
Living Area: 1,875 Sq. Ft.
Year Built: 1986

Unit Information

Residential Units: 1

Lot Features

Property View: Hill Country, Lake, Panoramic
Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 1,113
Lot Dimensions: 21 x 53

Water Features

Water View: Yes
Water Front Type: Open Water
Water Front View: Yes/Other
Boat Dock Slip: Yes

Green Features

Energy Efficient: Ceiling Fan(s)

Financial Considerations

Price Per Sq. Ft.: $2.29

Disclosures and Reports

Legal Description: LAKESHORE CONDO HORSESHOE BAY 202-35012 TOPSAIL
Property ID: 75323

Listed by Horseshoe Bay Living 2, LLC, Kale Stephens

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Listing agent

— 403 Island Dr —

Kale Stephens

Horseshoe Bay Living 2, LLC

Schools

Schools serving 403 Island Dr

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 History for 403 Island Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/04/2026

Price Increased

$4,300

7.5%

MLS

2/10/2026

Listed

$4,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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403 Island Drive, Horseshoe Bay, TX 78657 (MLS# 176445) is a Condo property with 3 bedrooms and 3 full bathrooms. 403 Island Drive is currently listed for rent at $4,300 and was received on February 10, 2026. Want to learn more about 403 Island Drive? Do you have questions about finding other real estate for sale or rent in Horseshoe Bay? You can browse all Horseshoe Bay rentals or contact a Coldwell Banker agent to request more information.

403 Island Dr Horseshoe Bay, TX 78657