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For sale
  • Price cut: $99.9K (7/3)
    $550,000

    101 Island #F Drive, Horseshoe Bay, TX 78657

    1beds
    1,174sqft
    : 
    $4,212/mo
    Get pre-qualified
    Condominium, Residential
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $468/sqft
    $500/mo HOA

    What's special

    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.
    134 days
    |
    79
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke E LeMond 512-284-0799,

    Keller Williams Heritage

    Source: HLMLS as distributed by MLS GRID,MLS#: 177203MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Kitchen, Living Room, Main Level Master Bdrm
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater
      Features
      • Breakfast Bar, Solid Surface Counters
      • Flooring: Tile
      • Number of fireplaces: 1
      • Fireplace features: One
      Interior area
      • Total structure area: 1,174
      • Total interior livable area: 1,174 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Car Detached Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony
      • Pool features: Community, In Ground
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Open Water, Lake LBJ
      • Frontage length: 85
      Lot
      • Size: 7,055 Square Feet
      • Dimensions: 85 x 83
      • Features: Landscaped
      Details
      • Parcel number: 033976

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium, Residential
      Materials
      • Wood Siding, Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 1984

      Utilities & green energy

      Green energy
      • Energy efficient items: Ceiling Fan(s)

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Island Village
      HOA
      • Has HOA: Yes
      • Amenities included: Pool, Other
      • Services included: Trash
      • HOA fee: $6,000 annually
      Location
      • Region: Horseshoe Bay

      Financial & listing details

      • Price per square foot: $468/sqft
      • Tax assessed value: $442,896
      • Annual tax amount: $5,927
      • Date on market: 3/27/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Price change$550,000-15.4%$468/sqft
        Source: LERA MLS #1959224 Report a problem
        3/27/2026Price change$649,900+0.1%$554/sqft
        Source: Central Texas MLS #607898 Report a problem
        3/27/2026Listed for sale$649,000-7.2%$553/sqft
        Source: HLMLS as distributed by MLS GRID #177203 Report a problem
        9/1/2025Listing removed$699,000$595/sqft
        Source: Central Texas MLS #588724 Report a problem
        2/28/2025Listed for sale$699,000+74.8%$595/sqft
        Source: HLMLS as distributed by MLS GRID #172133 Report a problem
        9/19/2018Listing removed$399,900$341/sqft
        Source: Horseshoe Bay Resort Realty #145577 Report a problem
        9/18/2018Listed for sale$399,900+23.1%$341/sqft
        Source: Horseshoe Bay Resort Realty #145577 Report a problem
        7/20/2018Sold--
        Source: HLMLS as distributed by MLS GRID #144263 Report a problem
        6/8/2017Listing removed$324,900$277/sqft
        Source: RE/MAX Horseshoe Bay Resort Sales #137542 Report a problem
        5/15/2017Pending sale$324,900$277/sqft
        Source: RE/MAX Horseshoe Bay Resort Sales #137542 Report a problem
        5/15/2017Listed for sale$324,900-3%$277/sqft
        Source: RE/MAX Horseshoe Bay Resort Sales #137542 Report a problem
        12/30/2016Listing removed$334,900$285/sqft
        Source: RE/MAX Horseshoe Bay Resort Sales #137542 Report a problem
        12/14/2016Listed for sale$334,900$285/sqft
        Source: RE/MAX Horseshoe Bay Resort Sales #137542 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,927 $442,896
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 78657

        Getting around

        11 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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