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ActiveMLS #4099259

151 Applehead Island DR, Horseshoe Bay TX 78657

Horseshoe Bay, TX 78657 · Applehead Island

Single Family Residence for sale in Applehead Island

5Bedrooms
5Bathrooms
5,102Square Ft
0.24Acres
3Garage
1992Year Built
1 / 40
$5,395,000
3D tour

Overview

Property Description

THE POINT ON THE ISLAND — 270 DEGREES OF WATER FRONTAGE. 186 FEET WATER FRONTAGE. There are waterfront homes, and there are homes that command the water. Sited at a rare tip of an Applehead Island peninsula, this residence holds the single most coveted position on the island—where the land runs out and the water takes over on three sides. The video is superb check out the link below. Lake LBJ unfolds in a full 180 degrees of unobstructed open water. Add the 90 degrees on the canal and the home claims a remarkable 270 degrees of total water frontage. The canal is 180 feet wide. Rebuilt as a contemporary residence in 2022 and reimagined, updated and repaired by the current owner to an exacting standard—clean white volumes, warm white-oak floors, black steel window walls and soaring vaulted ceilings that pull the lake inside. A level of investment that could not be replicated today for $7 million. The gourmet kitchen is a genuine masterpiece: a large center island, double Wolf ovens, built-in refrigeration, wine cooler, custom cabinetry, expansive stone surfaces, a separate butler's pantry and electric shades that glide open to the lake. Walls of glass frame the water from nearly every principal room. A metal and steel cable staircase and floating catwalk connect both levels. The primary suite opens to a walk-out balcony with endless water and palm framed views, served by a spa inspired bath with freestanding tub and glass shower. Generous secondary suites, a game room beneath a statement chandelier, a media lounge, and a custom bunk room ensure a place—and a view—for everyone. Outside: a resort pool at the water's edge, a covered cabana with full outdoor kitchen, steel cable balconies overlooking the lake and a private dock with slips and lifts delivering you straight into open water. Personal property and furnishings available as a separate sale. This is not a home with a water view. It is a home that owns the water around it.

Financial Info
Price
$5,395,000
$ / Sqft
$1057
HOA
Yes - Mandatory / $5,717 / Annually
HOA Name
Horseshoe Bay Maintenance Association
HOA Includes
Common Area Maintenance, Maintenance Grounds, Parking, Security
Tax Rate
1.338274%
Est. Taxes
$47,872
Tax Year
2026
Exemptions
None
Legal Info
Address
151 Applehead Island DR
County
Llano
City
Horseshoe Bay
State
TX
Zip
78657
Subdivision
Applehead Island
Legal Description
HORSESHOE BAY APPLEHEAD ISLAND LT 151
Parcel
16111
Interior Features
Floor
Stone, Tile, Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Freezer, RNGHD, Refrigerator, Self Cleaning Oven, Washer
Laundry
Laundry Room, Main Level
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
2
Fireplace Description
Family Room, Recreation Room
Interior Features
2 Primary Suites, Bar, Breakfast Bar, Dry Bar, Electric Dryer Hookup, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Home, Smart Thermostat, Soaking Tub, Gated with Guard, Insulated Windows, Low Emissivity Windows, Triple Pane Windows
General Info
Beds
5 Total / 1 Main Level / 4 Other Level
Full / Half Baths
5 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1992 / Updated/Remodeled
Square Feet
5,102 / Public Records
Garages
3
Garage Desc
Driveway
Foundation
Slab
Roof
Metal
Construction
Synthetic Stucco
Acres
0.24
Lot Description
Landscaped, Level, Native Plants, Near Golf Course, Sprinkler - In-ground
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
Yes-100 yr, Yes-500 yr
View
Canal, Lake
Water Access
Yes
Waterfront
Yes
Area
LL
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Propane, Sewer Connected
Heat
Electric, Fireplace(s)
A C
Electric
Exterior Features
Fence
None
Exterior Features
Balcony, Barbecue, Exterior Steps, Outdoor Grill, Deck, Front Porch, Porch, Rear Porch, Side Porch, Terrace, Wrap Around
Pool On Property
Yes
Area Amenities
Airport/Runway, Common Grounds, Conference/Meeting Room, Controlled Access, Curbs, General Aircraft Airport, Golf, High Speed Internet, Picnic Area, Pool, Putting Green, Racquetball, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities

Rooms

Rooms10 rooms

Main level

  • Bedroom
  • Bathroom
  • Kitchen

First level

  • Great Room

    High Ceilings

Second level

  • Game Room
  • Bathroom
  • Primary Bathroom
  • Bedroom
  • Bedroom
  • Primary Bedroom

Price history

Members only
Days on market
$5,395,000
List price
0
Price reductions
Active
Since Jul 3, 2026
Property history1 event
DateEventPriceChange
Jul 3, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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

List price $5,395,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$35,765 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $35,765

Principal & interest
$27,280
Property taxes
$3,989
Homeowners insurance
$4,496

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$4,316,000$48,241$279,120$4,267,759
2$4,267,759$51,472$275,889$4,216,287
3$4,216,287$54,919$272,442$4,161,368
4$4,161,368$58,597$268,764$4,102,771
5$4,102,771$62,521$264,839$4,040,250
6$4,040,250$66,709$260,652$3,973,541
7$3,973,541$71,176$256,185$3,902,365
8$3,902,365$75,943$251,418$3,826,422
9$3,826,422$81,029$246,332$3,745,393
10$3,745,393$86,456$240,905$3,658,938
  • Year 1$4,267,759
    Principal paid
    $48,241
    Interest paid
    $279,120
    Starting balance
    $4,316,000
  • Year 2$4,216,287
    Principal paid
    $51,472
    Interest paid
    $275,889
    Starting balance
    $4,267,759
  • Year 3$4,161,368
    Principal paid
    $54,919
    Interest paid
    $272,442
    Starting balance
    $4,216,287
  • Year 4$4,102,771
    Principal paid
    $58,597
    Interest paid
    $268,764
    Starting balance
    $4,161,368
  • Year 5$4,040,250
    Principal paid
    $62,521
    Interest paid
    $264,839
    Starting balance
    $4,102,771
  • Year 6$3,973,541
    Principal paid
    $66,709
    Interest paid
    $260,652
    Starting balance
    $4,040,250
  • Year 7$3,902,365
    Principal paid
    $71,176
    Interest paid
    $256,185
    Starting balance
    $3,973,541
  • Year 8$3,826,422
    Principal paid
    $75,943
    Interest paid
    $251,418
    Starting balance
    $3,902,365
  • Year 9$3,745,393
    Principal paid
    $81,029
    Interest paid
    $246,332
    Starting balance
    $3,826,422
  • Year 10$3,658,938
    Principal paid
    $86,456
    Interest paid
    $240,905
    Starting balance
    $3,745,393
First 10 of 30 years

Nearby

Courtesy of ALEX · (713) 591-9902

Listings courtesy of ACTRIS as distributed by MLS GRID.