101 Island DR, Horseshoe Bay TX 78657
Horseshoe Bay, TX 78657 · Island Village HSB
Condominium for sale in Island Village HSB
Overview
Property Description
Recently remodeled Lake LBJ waterfront condo in the gated Island Village community of Horseshoe Bay. With 1,174 sq. ft., expansive open water views, and easy access to the lake, this property is ideal for a weekend getaway or full-time lakefront living. Inside, the updated interior brings fresh style and comfort, while the living space and windows keep the water views front and center. The layout is easy to enjoy, easy to maintain, and built for the kind of lock-and-leave lifestyle buyers want on Lake LBJ. The community amenities make the lake lifestyle even better. Enjoy a private pool just steps away, plus allotted PWC space, availability for a day slip for boats, and a fishing dock for time on the water. A 1-car detached garage adds convenience and storage. The location puts you close to everything that makes Horseshoe Bay special. You’re a short walk to the Yacht Club, Horseshoe Bay Resort Spa, and Horseshoe Bay Resort, with nearby access to great restaurants, shopping, five championship private golf courses, and five public courses. Fredericksburg and Texas Wine Country are also within reach for easy day trips. With constant water levels on Lake LBJ, the lake lifestyle doesn’t take a season off. Open water views. Gated community. Remodeled interior. Resort access. This is Horseshoe Bay lake living done right.
Financial Info
- Price
- $550,000
- $ / Sqft
- $468
- HOA
- Yes - Mandatory / $6,000 / Annually
- HOA Name
- Island Village POA
- HOA Includes
- Common Area Maintenance
- Tax Rate
- 1.33%
- Est. Taxes
- $13,564
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 101 Island DR
- County
- Llano
- City
- Horseshoe Bay
- State
- TX
- Zip
- 78657
- Subdivision
- Island Village HSB
- Legal Description
- Island Village Condo Horseshoe Bay 33001-F 80% Udi
- Parcel
- 33976
Interior Features
- Floor
- Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar
- Appliances
- Electric Oven, Range, Self Cleaning Oven, Electric Water Heater
- Laundry
- Laundry Room
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Electric, Living Room
- Interior Features
- Breakfast Bar, Ceiling Fan(s), Electric Dryer Hookup, Elevator, High Speed Internet, Multiple Dining Areas, Open Floorplan, Primary Bedroom on Main, Washer Hookup, None, Double Pane Windows
General Info
- Beds
- 1 Total / 1 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 1984 / Resale
- Square Feet
- 1,174 / Public Records
- Garage Desc
- Asphalt, Paved
- Foundation
- Slab
- Roof
- Metal
- Construction
- Vinyl Siding
- Acres
- 0.25
- Lot Description
- Level, Trees-Heavy
- Restrictions
- None
- Flood Plain
- Yes-100 yr, Yes-500 yr
- View
- Lake, River, Water
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LL
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Internet-Cable, Phone Available, Sewer Available, Water Available, Water Connected
- Heat
- Central, Electric, Fireplace(s)
- A C
- Ceiling Fan(s), Central Air, Electric
Exterior Features
- Fence
- None
- Exterior Features
- Balcony, Front Porch, Patio
- Pool On Property
- No
- Area Amenities
- Common Grounds, Controlled Access
Rooms
Main level
- Primary Bedroom
15x12
- Living Room
14x24
- Primary Bathroom
10x12
- Kitchen
12x7
- Dining Room
13x11
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 3, 2026 | Price Decrease | $550,000−$99,000 (−15.3%) | −$99,000 (−15.3%) |
| Mar 27, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Llano ISD
- Elementary
- Llano
- Middle
- Llano
- High
- Llano
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$4,369 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $4,369
- Principal & interest
- $2,781
- Property taxes
- $1,130
- Homeowners insurance
- $458
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $440,000 | $4,918 | $28,455 | $435,082 | |
| 2 | $435,082 | $5,247 | $28,126 | $429,835 | |
| 3 | $429,835 | $5,599 | $27,774 | $424,236 | |
| 4 | $424,236 | $5,974 | $27,399 | $418,262 | |
| 5 | $418,262 | $6,374 | $26,999 | $411,888 | |
| 6 | $411,888 | $6,801 | $26,573 | $405,088 | |
| 7 | $405,088 | $7,256 | $26,117 | $397,831 | |
| 8 | $397,831 | $7,742 | $25,631 | $390,089 | |
| 9 | $390,089 | $8,261 | $25,113 | $381,829 | |
| 10 | $381,829 | $8,814 | $24,559 | $373,015 |
- Year 1$435,082
- Principal paid
- $4,918
- Interest paid
- $28,455
- Starting balance
- $440,000
- Year 2$429,835
- Principal paid
- $5,247
- Interest paid
- $28,126
- Starting balance
- $435,082
- Year 3$424,236
- Principal paid
- $5,599
- Interest paid
- $27,774
- Starting balance
- $429,835
- Year 4$418,262
- Principal paid
- $5,974
- Interest paid
- $27,399
- Starting balance
- $424,236
- Year 5$411,888
- Principal paid
- $6,374
- Interest paid
- $26,999
- Starting balance
- $418,262
- Year 6$405,088
- Principal paid
- $6,801
- Interest paid
- $26,573
- Starting balance
- $411,888
- Year 7$397,831
- Principal paid
- $7,256
- Interest paid
- $26,117
- Starting balance
- $405,088
- Year 8$390,089
- Principal paid
- $7,742
- Interest paid
- $25,631
- Starting balance
- $397,831
- Year 9$381,829
- Principal paid
- $8,261
- Interest paid
- $25,113
- Starting balance
- $390,089
- Year 10$373,015
- Principal paid
- $8,814
- Interest paid
- $24,559
- Starting balance
- $381,829
Nearby
Courtesy of Keller Williams Heritage · (210) 493-3030
Listings courtesy of ACTRIS as distributed by MLS GRID.