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$985,000 Just Listed
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Property Description
Peaceful open water views of Lake LBJ. Highly desirable Waters building 5 located in the heart of the Horseshoe Bay Resort with easy walking distance to the Resort amenities. Offered fully furnished, hardwood floors, crown molding and no carpet. Private newly remodeled Water's pool, and hot tub in front of building.
Full Property Details
Full Property Details for 98 Island Dr
General
- Price: $985,000
- HOA FEE: $725/month
- Status: Active
- Type: Condo
- Source: Highland_Lakes_MLS
- MLS ID: 178620
- Updated: 7/5/2026
- Added to Site: 3 day(s) ago
Interior
- Rooms/Areas: Dining Room, Family Room, Foyer, Kitchen, Laundry, Storage Room, Utility Room Inside
- Interior Features: High Ceilings, Breakfast Bar, Cable Available, Crown Molding, Elevator, Granite Counters, Pantry, No Steps to Entry
- Appliances: Dishwasher, Dryer, Disposal, 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: Pool
- Pool: Yes
- Pool Description: Gunite, In Ground
Exterior
- Exterior Features: Sprinkler System
Parking
- Garage Description: One Car Covered Parking
Location
- County: Llano
- Subdivision: Waters, The (HSB)
- Driving Directions: 2147 to Horseshoe Bay Blvd, (main entrance) Right at traffic circle, follow down blvd right on Island Drive. First left, go through the first building to the second building parking. 3rd floor unit.
School Information
- High School District: Llano
Community
- Association: Yes
- Assoc. Fees Include: Ext. Liability, Management, Trash
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Custom
- Construction: Wood Siding, HardiPlank Type, Stone
- Stories/Levels: 1
- Square Feet: 1,640
- Sq. Ft. Source: Plans
- Living Area: 1,640 Sq. Ft.
- Year Built: 2008
Unit Information
- Residential Units: 1
Lot Features
- Property View: Hill Country, Lake, Panoramic
- 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)
Financial Considerations
- Price Per Sq. Ft.: $600.61
- Association Fee: Yes
- Association Fee: $725
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Legal Description: The Waters at Horseshoe Bay Resort Condo Phase II Building 5 Unit 35 (35723)
- Property ID: 75772
Listed by Horseshoe Bay Resort Realty, Della Debbas
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Schools
Schools serving 98 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 98 Island Dr
Date
Details
Price
Change
Source
7/05/2026
Listed
$985,000
—
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
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,753
-57%
$2,986,720
10%
2024
$29,897
7%
$2,715,200
10%
2023
$28,000
-17%
$2,468,364
10%
2022
$33,838
23%
$2,243,967
10%
2020
$27,420
—
$2,039,970
2%
2020
$27,420
-4%
$1,997,170
1%
2019
$28,665
—
$1,987,160
2%
2018
$28,692
—
$1,939,740
—
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
98 Island Drive, Horseshoe Bay, TX 78657 (MLS# 178620) is a Condo property with 3 bedrooms and 2 full bathrooms. 98 Island Drive is currently listed for $985,000 and was received on July 05, 2026. Want to learn more about 98 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.

