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$1,150,000
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Property Description
Live where the fun happens! This beautifully furnished 3rd-floor Waters Condo is ideally located in the heart of Horseshoe Bay, offering one of the most sought-after waterfront settings in the community. Featuring 3 bedrooms, 2 baths, and 1,640 sq ft, this move-in-ready residence is designed for effortless lake living. Enjoy east-facing bay views from the private patio-perfect for watching daily water activity, the iconic lighthouse, stunning moon rises, and festive fireworks, all while relaxing in cool afternoon shade. Step out back to the lakefront, or out front to a gated, sparkling pool and spa just steps away. Additional highlights include assigned first-floor parking, a digitally locked private storage unit, a full size washer and dryer and furnishings that convey-making it easy to start enjoying the Horseshoe Bay lifestyle immediately. Whether as a full-time residence, weekend escape, or investment property, this condo delivers location, views, and fun all in one
Full Property Details
Full Property Details for 98 Island Dr #33
General
- Price: $1,150,000
- HOA FEE: $395/month
- Taxes: $8,527 (2016)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 8400505
- Updated: 2/4/2026
- Added to Site: 16 day(s) ago
Interior
- Interior Features: Breakfast Bar, Elevator, High Ceilings, Main Level Primary, No Interior Steps, Pantry, Recessed Lighting, Walk-In Closet(s)
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Water Heater, Free-Standing Range, Disposal, Microwave, Self Cleaning Oven, Washer
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Closet, In Hall
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, In Ground
- Spa Description: None
- Security/Safety: Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Exterior Steps, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Garage, Open
Location
- Area: LL
- County: Llano
- Subdivision: The Waters
- Driving Directions: Follow the entrance to Horseshoe Bay Resort. At the round-a- bout, follow directions to the Yacht Club. Park in the Yacht club parking lot. Follow the walkway (SE) to 98 Island drive elevator. Take the elevator to unit #33 on the 3rd floor.
- Direction Faces: East
School Information
- Elem School District: Llano ISD
- Midd School District: Llano ISD
- High School District: Llano ISD
- Elementary School: Packsaddle
- Middle School: Llano
- High School: Llano
Community
- Association: Yes
- Assoc. Name: The Waters
- Assoc. Fees Include: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, High Speed Internet Available, Phone Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, Masonry, Stone Veneer, Stucco
- Roof: Tile
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 1,637
- Sq. Ft. Source: Owner
- Living Area: 1,637 Sq. Ft.
- Year Built: 2008
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Lake, Panoramic, River
- Fence: Yes
- Lot Features: Sprinklers Automatic, Sprinklers In Ground
- Fencing (Description): Wrought Iron
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake LBJ
- Water Front Desc.: Lake Front
- Lake Front: Yes
Green Features
- Energy Efficient: Doors, Thermostat, Windows, Appliances
Financial Considerations
- Association Fee: $395
- Assoc Fee Freq.: Monthly
- Assessment Amount: $640,740
- Tax Amount: $8,527
- Tax Year: 2016
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: THE WATERS AT HORSESHOE BAY RESORT CONDOMINIUM PHASE 2 BLDG 5 UNIT 33 (35723)
- Disclosures/Reports: Seller Disclosure
- Property ID: 1323900500330
Listed by Listing Results, LLC
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Schools
Schools serving 98 Island Dr #33
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 98 Island Dr #33
Date
Details
Price
Change
Source
2/04/2026
Listed
$1,150,000
—
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 98 Island Dr #33
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,420
-60%
$640,740
—
2024
$8,445
-5%
$640,740
-1%
2023
$8,868
-19%
$650,400
6%
2022
$10,979
23%
$613,190
5%
2020
$8,940
—
$583,420
5%
2020
$8,940
-3%
$555,270
1%
2019
$9,256
11%
$547,340
14%
2018
$8,304
—
$479,930
—
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 98 Island Dr #33
98 Island Drive #33, Horseshoe Bay, TX 78657 (MLS# 8400505) is a Condo property with 3 bedrooms and 2 full bathrooms. 98 Island Drive #33 is currently listed for $1,150,000 and was received on February 04, 2026. Want to learn more about 98 Island Drive #33? 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.

