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$759,900
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Property Description
One of the last two new construction units on the market. Welcome to The Cobalt, a newly constructed 1,672 square-foot residence offering three bedrooms and two full baths - the ideal floor plan for entertaining family and friends or settling full-time into the Hill Country/Lake Resort-style living. Tucked between the Marina and the Yacht Club, this home places you steps from Lake LBJ and moments from every amenity Horseshoe Bay Resort has to offer, including restaurants, pools and poolside cafes, White Water putt-putt, the marina, spa and yacht club. Inside, an open-concept layout connects the living room, dining area and kitchen, all finished with designer selections throughout - quartz countertops, custom soft-close cabinetry, premium stainless steel appliances, under-cabinet lighting and warm wood flooring underfoot. The spacious covered balcony extends the living space outdoors, perfect for morning coffee or evening entertaining. The primary suite is a true retreat, generously sized with a walk-in closet and en-suite bath featuring designer fixtures and finishes. Two additional bedrooms offer comfortable, private accommodations for guests or family, served by a well-appointed second full bath. Additional conveniences include a dedicated utility closet, thoughtfully designed storage throughout and one covered parking space. Short term rental friendly. Don't miss the opportunity to own in the heart of Horseshoe Bay Resort. Social Club Membership initiation fee waiver included.
Full Property Details
Full Property Details for 82 Island Dr
General
- Price: $759,900
- HOA FEE: $725/month
- Status: Active
- Type: Condo
- Source: Highland_Lakes_MLS
- MLS ID: 179350
- Updated: 9/8/2026
- Added to Site: 8 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Main Level Master Bdrm
- Interior Features: High Ceilings, Breakfast Bar, Recessed Lighting, Split Bedroom, Walk-In Closet(s), Quartz Countertops
- Appliances: Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Built-In Refrigerator, Washer, Washer Hookup, Electric Water Heater, Cooktop, Wall Oven
- Flooring: Hard Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Clubhouse, Green Belt, Park
- Pool: Yes
- Pool Description: Community, In Ground
Exterior
- Exterior Features: Courtyard, Sprinkler System
Parking
- Garage Description: One Car Covered Parking
Location
- County: Llano
- Subdivision: Waters, The (HSB)
- Driving Directions: FM 2147 to HSBay Blvd to R at roundabout. To R on Island Dr. L into 1st parking garage. Please park on surface parking lot across Island Dr.
School Information
- High School District: Llano
Community
- Association: Yes
- Assoc. Fees Include: Management, Trash
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Steel Frame, Wood Siding, HardiPlank Type, Stone, Stucco
- Foundation: Slab
- Roof: Metal, Tile
- Stories/Levels: 1
- Square Feet: 1,672
- Sq. Ft. Source: County Records
- Living Area: 1,672 Sq. Ft.
- Year Built: 2025
Unit Information
- Residential Units: 1
Lot Features
- Frontage: Paved Road
- Fence: Yes
- Topography: Cleared Land
- Fencing (Description): Wrought Iron
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s), Windows
Financial Considerations
- Price Per Sq. Ft.: $454.49
- Association Fee: Yes
- Association Fee: $725
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Legal Description: THE WATERS AT HORSESHOE BAY RESORT CONDO PH III BLDG 8 UNIT 8204 (35723)
- Property ID: 79012
Listed by Horseshoe Bay Resort Realty, Mali Hanna
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Schools
Schools serving 82 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 | 22.7 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 23 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 82 Island Dr
Date
Details
Price
Change
Source
9/02/2026
Listed
$759,900
—
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 82 Island Dr
Year
Property Taxes
Change
Tax Assessment
Change
2026
$83,685
32%
$5,684,740
—
2024
$63,538
4%
$5,684,740
7%
2023
$61,080
-22%
$5,290,340
3%
2022
$78,218
15%
$5,139,010
1%
2020
$68,011
—
$5,068,860
3%
2020
$68,011
-18%
$4,907,860
—
2019
$82,997
-2%
$4,907,860
—
2018
$84,872
—
$4,904,980
—
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 82 Island Dr
82 Island Drive, Horseshoe Bay, TX 78657 (MLS# 179350) is a Condo property with 3 bedrooms and 2 full bathrooms. 82 Island Drive is currently listed for $759,900 and was received on September 02, 2026. Want to learn more about 82 Island Drive? 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.

