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$874,000 -$25,000 (-2.78%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,282 Sq. Ft.
  • Updated 6 days ago
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MUST SEE, 2 bed/2 bath condominium on Lake LBJ. This beautifully furnished /decorated condo offers stunning open water views with eastern exposure. Located in the heart of the Horseshoe Bay Resort in the highly desirable Bldg. #5, 98 Island Dr., Conveniently located within walking distance to Resort Amenities and the Waters-only pool directly in front of the building, the Resort Yacht Club next door, Resort Marina, Waterside Grill and much more. (Separate Membership Needed to enjoy Resort Amenities). Come and enjoy Lake LBJ and hill country living while enjoying breathtaking waterfront views from your kitchen, living room, bedroom and patio. This highly desired condo features stainless steel appliances, granite counters, crown molding, tiled floors and spacious lanai patio. Own this amazing condo as your weekend retreat (with short term rental options), or as your relaxed full-time Resort living oasis.

Full Property Details for 98 Island Dr #12

General

  • Price: $874,000
  • HOA FEE: $725/month
  • Status: Active
  • Type: Condo
  • Source: Highland_Lakes_MLS
  • MLS ID: 172215
  • Updated: 2/26/2026
  • Added to Site: 365 day(s) ago

Interior

  • Rooms/Areas: Foyer, Kitchen, Living Room, Utility Room Inside, Main Level Master Bdrm
  • Interior Features: High Ceilings, Breakfast Bar, Cable Available, Crown Molding, Elevator, Granite Counters, Handicap Access, Split Bedroom, Walk-In Closet(s), No Steps to Entry
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater
  • Flooring: Hard Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Pool
  • Pool: Yes
  • Pool Description: Community, Gunite, In Ground

Exterior

  • Exterior Features: Rain Gutters, Open Concrete Areas, Sprinkler System, Handicap Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 1 Car Attached Garage, Side Entry

Location

  • County: Llano
  • Subdivision: Waters, The (HSB)
  • Driving Directions: FM 2147 to Horseshoe Bay Blvd., follow down to round-about, turn right on Island Dr., turn left underneath 96 Island Dr., through parking garage to park. Elevator up one floor to Unit 12.

School Information

  • High School District: Llano

Community

  • Association: Yes
  • Assoc. Fees Include: Insurance, Management

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Custom
  • Construction: Wood Siding
  • Foundation: Slab
  • Roof: Tile
  • Stories/Levels: 1
  • Square Feet: 1,282
  • Sq. Ft. Source: Other
  • Living Area: 1,282 Sq. Ft.
  • Year Built: 2008

Unit Information

  • Residential Units: 24

Lot Features

  • Property View: Hill Country, Lake
  • Frontage: Paved Road

Water Features

  • Water View: Yes
  • Water Front Type: Open Water
  • Water Front View: Lake LBJ

Green Features

  • Energy Efficient: Ceiling Fan(s), Windows

Financial Considerations

  • Price Per Sq. Ft.: $681.75
  • Association Fee: Yes
  • Association Fee: $725
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Legal Description: THE WATERS AT HORSESHOE BAY RESORT CONDO PHASE II BLDG 5 UNIT 12
  • Property ID: 64965

Listed by Horseshoe Bay Resort Realty, Casey Wise

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Listing agent

— 98 Island Dr #12 —

  • Casey Wise

    Horseshoe Bay Resort Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 98 Island Dr #12

School District:Llano Independent School District
NameGradesDistance
Llano High School
2509 Texas 16, Llano, TX 78643
9-1223 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 98 Island Dr #12 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Price Reduced
$874,000
-2.78%
MLS
8/27/2025
Price Reduced
$899,000
-2.81%
MLS
3/05/2025
Listed
$925,000
—
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.

Tax History for 98 Island Dr #12

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,677
-60%
$501,510
—
2024
$6,610
-4%
$501,510
-1%
2023
$6,915
-19%
$507,180
6%
2022
$8,561
22%
$478,140
5%
2020
$6,994
—
$455,770
5%
2020
$6,994
-5%
$434,410
-1%
2019
$7,390
1%
$436,980
3%
2018
$7,341
—
$424,230
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Horseshoe Bay Resort Realty, Casey Wise

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98 Island Drive #12, Horseshoe Bay, TX 78657 (MLS# 172215) is a Condo property with 2 bedrooms and 2 full bathrooms. 98 Island Drive #12 is currently listed for $874,000 and was received on March 05, 2025. Want to learn more about 98 Island Drive #12? 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.

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