101 Island Drive F, Horseshoe Bay, TX 78657
Island Village Condo · Llano County
Key Facts
Description
Open water views on Lake LBJ in the exclusive gated community of Island Village. This recently remodeled 1,174 sq. ft. waterfront condo in Horseshoe Bay delivers the kind of low-maintenance lake lifestyle that works as both a weekend retreat and a full-time residence. The interior has been updated for modern comfort and style, while the main living space keeps the focus where it belongs—on the water. It’s a clean, easy setup for buyers who want lakefront access without the upkeep of a larger property. Community amenities add even more value. The private pool is just steps from the condo, and lake access includes allotted PWC space, availability for a day slip, and a fishing dock. A 1-car detached garage provides practical storage and convenience. This location is hard to beat. The condo is within walking distance of the Yacht Club, Horseshoe Bay Resort Spa, and Horseshoe Bay Resort, giving you quick access to luxury amenities. You’re also close to restaurants, shopping, five championship private golf courses, five public golf courses, and the Texas Wine Country destination of Fredericksburg. Because it’s Lake LBJ, you also get the advantage of constant water levels and year-round water enjoyment. Waterfront views, gated privacy, recent remodel, and resort-area convenience—all in one of Horseshoe Bay’s most desirable lakefront settings.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1984
Living Area
1,174 sq ft
Lot Size
0.25 acres
Days on Market
98
MLS® Listing#
607898
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Community
Utilities
Water Source
Rooms
- Master Bedroom10x12.34Main
Schools
- Elementary:
- Llano Elmentary
- Middle:
- Llano Jr. High School
- High:
- Llano High School
Financial Details
HOA
$6,000 / Annually
Island Village POA
Annual Taxes
$5,927
Tax year 2025
Parcel Number
33976
Directions
From HWY 71W, turn right on 2147, left on HSB blvd, right on Island Dr. Complex on Right.
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Horseshoe Bay, TX
- $443,662
- Median Listing Price
- 93
- Median Days on Market
- 1,972
- Median Sq Ft
- $234
- Median Price / Sq Ft
- 478
- Active Listings
- This home’s price is 24% above the area median.
- Its price per sq ft is 100% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Horseshoe Bay, TX.
Location
Points of Interest in Horseshoe Bay, TX
Showing the Horseshoe Bay area map.
Nearby Schools
Highland Lakes Head Start
School · 4.1 mi away
Marble Falls Elementary School
Elementary · 4.8 mi away
First Baptist Elementary School of Marble Falls
Elementary · 4.8 mi away
St. Peter's Lutheran School
School · 5.0 mi away
Marble Falls Middle School
Secondary · 5.2 mi away
First Baptist Christian School
School · 5.7 mi away
Marble Falls Isd
School · 5.8 mi away
Tierra Vista Montessori School
Elementary · 6.0 mi away
Marble Falls High School
Secondary · 6.6 mi away
Colt Elementary School
Elementary · 7.6 mi away
Faith Academy of Marble Falls
School · 8.0 mi away
Packsaddle Elementary
Elementary · 8.8 mi away
Kingsland School Texas
School · 9.4 mi away
Spicewood Elementary School
Elementary · 13.0 mi away
Bcisd Parent Resource Center
School · 16.5 mi away
Burnet Consolidated Independent School District
School · 16.5 mi away
33rd & 424th Judicial District Intermediate Sanction Facility
School · 16.6 mi away
Quest High School
Secondary · 16.8 mi away
Burnet Middle School
Secondary · 17.1 mi away
R J Richey Elementary School
Elementary · 17.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 511 Taylor Drive, Horseshoe Bay, TX | $395,000 | 3 | 2 | 1,686 |
| 320 Twin Sails 25, Horseshoe Bay, TX | $419,900 | 3 | 3 | 1,860 |
| 100 Kings Way, Horseshoe Bay, TX | $469,999 | 3 | 3 | 1,882 |
Moving Cost Estimate
EXIT Agents in Horseshoe Bay
Listing Courtesy: Keller Williams Heritage - (210) 493-3030