98 Island DR # 34, Horseshoe Bay TX 78657
Horseshoe Bay, TX 78657 · The Waters At Horseshoe Bay Re
Condominium for sale in The Waters At Horseshoe Bay Re
Overview
Property Description
HUGE PRICE DROP!! Front-row seats to Lake LBJ don’t come much better than this. From your oversized covered balcony, take in wide, north-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.
Financial Info
- Price
- $799,000
- $ / Sqft
- $594
- HOA
- Yes - Mandatory / $742 / Monthly
- HOA Name
- THe Waters HOA and Horseshoe Bay POA
- HOA Includes
- Common Area Maintenance, Insurance, Trash
- Tax Rate
- 1.34%
- Est. Taxes
- $7,363.32
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 98 Island DR # 34
- County
- Llano
- City
- Horseshoe Bay
- State
- TX
- Zip
- 78657
- Subdivision
- The Waters At Horseshoe Bay Re
- Legal Description
- THE WATERS AT HORSESHOE BAY RESORT CONDO PHASE II BLDG 5 UNIT 34 (35723)
- Parcel
- 1323900500340
Interior Features
- Floor
- Tile, Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Granite Counters, Pantry
- Appliances
- Disposal, Microwave, Free-Standing Electric Oven, Plumbed For Ice Maker, Refrigerator, Washer/Dryer, Electric Water Heater
- Laundry
- In Hall, Inside, Laundry Closet, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Interior Features
- Breakfast Bar, Ceiling Fan(s), Granite Counters, Double Vanity, Electric Dryer Hookup, Elevator, Entrance Foyer, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup, None, Double Pane Windows, Screens, Window Coverings
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 2008 / Resale
- Square Feet
- 1,344 / Public Records
- Garage Desc
- Basement, Reserved
- Foundation
- Slab
- Roof
- Tile
- Construction
- HardiPlank Type, Stone Veneer
- Lot Description
- Landscaped, Sprinkler - In-ground, Views
- Restrictions
- City Restrictions, Deed Restrictions
- Flood Plain
- No
- View
- Hill Country, Lake, Panoramic
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LL
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Internet-Cable, Phone Available, Sewer Connected, Underground Utilities, Water Connected
- Heat
- Central, Electric
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- None
- Exterior Features
- Balcony, Boat Dock - Shared, Outdoor Grill, Covered
- Pool On Property
- No
- Area Amenities
- Airport/Runway, Cluster Mailbox, Common Grounds, Golf, High Speed Internet, Lake, Lock and Leave, Pool, Recycling Area/Center, Restaurant, Storage, Trash Pickup - Door to Door, Underground Utilities
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 30, 2026 | Price Decrease | $799,000−$176,000 (−18.1%) | −$176,000 (−18.1%) |
| May 17, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Llano ISD
- Elementary
- Packsaddle
- Middle
- Llano
- High
- Llano
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$5,320 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $5,320
- Principal & interest
- $4,040
- Property taxes
- $614
- Homeowners insurance
- $666
*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 | $639,200 | $7,145 | $41,338 | $632,055 | |
| 2 | $632,055 | $7,623 | $40,859 | $624,433 | |
| 3 | $624,433 | $8,134 | $40,349 | $616,299 | |
| 4 | $616,299 | $8,678 | $39,804 | $607,621 | |
| 5 | $607,621 | $9,259 | $39,223 | $598,361 | |
| 6 | $598,361 | $9,880 | $38,603 | $588,482 | |
| 7 | $588,482 | $10,541 | $37,941 | $577,941 | |
| 8 | $577,941 | $11,247 | $37,235 | $566,693 | |
| 9 | $566,693 | $12,000 | $36,482 | $554,693 | |
| 10 | $554,693 | $12,804 | $35,678 | $541,889 |
- Year 1$632,055
- Principal paid
- $7,145
- Interest paid
- $41,338
- Starting balance
- $639,200
- Year 2$624,433
- Principal paid
- $7,623
- Interest paid
- $40,859
- Starting balance
- $632,055
- Year 3$616,299
- Principal paid
- $8,134
- Interest paid
- $40,349
- Starting balance
- $624,433
- Year 4$607,621
- Principal paid
- $8,678
- Interest paid
- $39,804
- Starting balance
- $616,299
- Year 5$598,361
- Principal paid
- $9,259
- Interest paid
- $39,223
- Starting balance
- $607,621
- Year 6$588,482
- Principal paid
- $9,880
- Interest paid
- $38,603
- Starting balance
- $598,361
- Year 7$577,941
- Principal paid
- $10,541
- Interest paid
- $37,941
- Starting balance
- $588,482
- Year 8$566,693
- Principal paid
- $11,247
- Interest paid
- $37,235
- Starting balance
- $577,941
- Year 9$554,693
- Principal paid
- $12,000
- Interest paid
- $36,482
- Starting balance
- $566,693
- Year 10$541,889
- Principal paid
- $12,804
- Interest paid
- $35,678
- Starting balance
- $554,693
Nearby
Courtesy of Horseshoe Bay ONE Realty · (830) 282-3389
Listings courtesy of ACTRIS as distributed by MLS GRID.