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$799,000 -$176,000 (-18.05%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,344 Sq. Ft.
  • Updated 4 days ago
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HUGE PRICE DROP!! Front-row seats to Lake LBJ don't come much better than this. From your oversized covered balcony, take in wide, east-facing views stretching across open water to the iconic Lighthouse-one of the most recognizable backdrops in Horseshoe Bay. This fully furnished, move-in ready 3-bedroom, 2-bath condo sits right next to the Yacht Club, putting you in the center of it all. Inside, the layout just works-open living, dining, and kitchen anchored by a breakfast bar, all leading straight out to the lake. The primary suite is positioned where it should be...overlooking the waters of Lake LBJ, with balcony access and views you'll never get tired of. Two guest bedrooms and a full bath are tucked toward the front, along with a convenient laundry closet. Access is easy with elevator service from the garage to the third floor. You'll have a designated parking space plus an owner's storage closet right across from your front door-ideal for keeping lake gear close but out of sight. Step outside and you're immediately at the lagoon-style pool, with resident boat docks just beyond. Whether it's morning coffee, sunset drinks, or a quick run out on the water, everything is right here. Short-term rentals are allowed, offering flexibility for personal use or income potential. Resort amenities are available with membership. If you've been looking for a true lock-and-leave lake place with a view that actually delivers-this is it.

Full Property Details for 98 Island Dr

General

  • Price: $799,000
  • HOA FEE: $725/month
  • Status: Active
  • Type: Condo
  • Source: Highland_Lakes_MLS
  • MLS ID: 177719
  • Updated: 6/30/2026
  • Added to Site: 67 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Foyer, Kitchen, Laundry, Living Room, Storage Room, Utility Room Inside
  • Interior Features: High Ceilings, Breakfast Bar, Cable Available, Elevator, Granite Counters, Recessed Lighting, Split Bedroom, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater
  • Flooring: Hard Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Park, Pool, Water
  • Pool: Yes
  • Pool Description: Community

Exterior

  • Exterior Features: Balcony, Sprinkler System, Hot Tub

Parking

  • Garage Description: One Car Covered Parking

Location

  • County: Llano
  • Subdivision: Waters, The (HSB)
  • Driving Directions: From FM 2147 in Horseshoe Bay, take the main Horseshoe Bay Blvd towards the country club. Past the traffic circle turn right on Island Drive, take the second entry into parking garage. Or park at the country club and walk over.

School Information

  • High School District: Llano

Community

  • Association: Yes
  • Assoc. Fees Include: Ext. Liability, Insurance, Maintenance Structure, Management, Trash

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Steel Frame, HardiPlank Type, Stone, Stucco
  • Roof: Tile
  • Stories/Levels: 1
  • Square Feet: 1,344
  • Sq. Ft. Source: County Records
  • Living Area: 1,344 Sq. Ft.
  • Year Built: 2008

Unit Information

  • Residential Units: 1

Lot Features

  • Property View: Lake, Panoramic
  • Frontage: Paved Road

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), Heat Pump, Windows

Financial Considerations

  • Price Per Sq. Ft.: $594.49
  • 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 34 (35723)
  • Property ID: 64975

Listed by Horseshoe Bay ONE Realty, Brigitte Nolen

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Listing agent

— 98 Island Dr —

  • Brigitte Nolen

    Horseshoe Bay ONE 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

School District:Llano Independent School District
NameGradesDistance
Packsaddle Elementary School
150 Pioneer Lane, Kingsland, TX 78639
PK-58.7 mi
Llano J High School
400 East Highway 71, Llano, TX 78643
6-822.7 mi
Llano High School
2509 Texas 16, Llano, TX 78643
9-1223 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 98 Island Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Price Reduced
$799,000
-18.05%
MLS
4/29/2026
Listed
$975,000
—
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

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,937
-60%
$550,210
—
2024
$7,252
-5%
$550,210
-1%
2023
$7,601
-19%
$557,460
6%
2022
$9,410
35%
$525,550
5%
2020
$6,983
—
$500,220
15%
2020
$6,983
-3%
$433,730
1%
2019
$7,230
3%
$427,540
5%
2018
$7,022
—
$405,820
—
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

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Listed by Horseshoe Bay ONE Realty, Brigitte Nolen

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98 Island Dr, Horseshoe Bay, TX 78657 (MLS# 177719) is a Condo property with 3 bedrooms and 2 full bathrooms. 98 Island Dr is currently listed for $799,000 and was received on April 29, 2026. Want to learn more about 98 Island Dr? 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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