Skip main navigation
Active
  • $5,395,000

    151 Applehead Island Dr, Horseshoe Bay, TX 78657

    5beds
    5,102sqft
    : 
    $37,061/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    10,454 Square Feet Lot
    $5,086,000 Zestimate®
    $1,057/sqft
    $476/mo HOA

    What's special

    Media loungeExpansive stone surfacesWarm white-oak floorsBlack steel window wallsWine coolerLarge center islandClean white volumes
    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.
    28 days
    |
    775
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Diane Alexander (713) 591-9902,

    ALEX (713) 591-9902

    Source: Unlock MLS,MLS#: 4099259MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Primary bathroom
      • Level: Second
      Bathroom
      • Level: Second
      Bathroom
      • Level: Main
      Game room
      • Level: Second
      Great room
      • Features: High Ceilings
      • Level: First
      Kitchen
      • Level: Main
      Heating
      • Electric, Fireplace(s)
      Cooling
      • Electric
      Appliances
      • Included: Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Freezer, RNGHD, Refrigerator, Self Cleaning Oven, Washer
      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
      • Flooring: Stone, Tile, Wood
      • Windows: Insulated Windows, Low Emissivity Windows, Triple Pane Windows
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Recreation Room
      Interior area
      • Total interior livable area: 5,102 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Porch, Rear Porch, Side Porch, Terrace, Wrap Around
      • Exterior features: Balcony, Barbecue, Exterior Steps, Outdoor Grill
      • Has private pool: Yes
      • Pool features: Gunite, Pool/Spa Combo, Waterfall
      • Fencing: None
      • Has view: Yes
      • View description: Canal, Lake
      • Has water view: Yes
      • Water view: Canal,Lake
      • Waterfront features: Canal Front, Lake Front, Waterfront
      • Body of water: Other/Out of State
      Lot
      • Size: 10,454 Square Feet
      • Features: Landscaped, Level, Native Plants, Near Golf Course, Sprinkler - In-ground
      Details
      • Additional structures: Boat House, Garage(s), Outdoor Kitchen
      • Parcel number: 16111
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Propane, Sewer Connected

      Community & HOA

      Community
      • Features: 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
      • Subdivision: Applehead Island
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance, Maintenance Grounds, Parking, Security
      • HOA fee: $5,717 annually
      • HOA name: Horseshoe Bay Maintenance Association
      Location
      • Region: Horseshoe Bay

      Financial & listing details

      • Price per square foot: $1,057/sqft
      • Tax assessed value: $3,011,260
      • Annual tax amount: $47,872
      • Date on market: 7/3/2026
      • Listing terms: Cash

        Estimated market value

        $5,086,000

        $4.83M - $5.34M

        $7,388/mo

        Price history

        DateEventPrice
        7/3/2026Listed for sale$5,395,000-1.7%$1,057/sqft
        Source: Unlock MLS #4099259 Report a problem
        3/21/2023Sold--
        Source: HLMLS as distributed by MLS GRID #163156 Report a problem
        2/22/2023Pending sale$5,490,000$1,076/sqft
        Source: Douglas Elliman Report a problem
        2/21/2023Contingent$5,490,000$1,076/sqft
        Source: Unlock MLS #1316340 Report a problem
        1/10/2023Listed for sale$5,490,000-2.8%$1,076/sqft
        Source: Unlock MLS #1316340 Report a problem
        1/1/2023Listing removed--
        Source: Unlock MLS #3314547 Report a problem
        11/19/2022Price change$5,650,000-4.2%$1,107/sqft
        Source: HLMLS as distributed by MLS GRID #160930 Report a problem
        9/4/2022Price change$5,900,000-4.8%$1,156/sqft
        Source: HLMLS as distributed by MLS GRID #160930 Report a problem
        7/4/2022Listed for sale$6,200,000+110.2%$1,215/sqft
        Source: Unlock MLS #3314547 Report a problem
        11/16/2020Listing removed$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #148475 Report a problem
        9/2/2020Pending sale$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #148475 Report a problem
        8/31/2020Listed for sale$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #148475 Report a problem
        7/2/2020Listing removed$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #148475 Report a problem
        6/22/2020Listed for sale$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #148475 Report a problem
        4/23/2020Listing removed$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #8730664 Report a problem
        6/15/2019Listed for sale$2,950,000$578/sqft
        Source: Horseshoe Bay Resort Realty #148475 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$40,299 +1.5%$3,011,260
        2024$39,690 +5.9%$3,011,260 +7.4%
        2023$37,483 +18%$2,804,670 +34.6%
        2022$31,771 +5.3%$2,084,310 +8.6%
        2021$30,176 +2.6%$1,919,400 -13.3%
        2020$29,418 $2,212,680 +1.3%
        2019-- $2,185,280 +1.8%
        2018$31,785 $2,145,940 +3.3%
        2017-- $2,076,930 +1.1%
        2016-- $2,053,730 +0.3%
        2015-- $2,047,860 -0.9%
        2014-- $2,066,560
        2013-- $2,066,560
        2012-- $2,066,560
        2011-- $2,066,560
        2010-- $2,066,560 +6.6%
        2009-- $1,938,960 +10.6%
        2008-- $1,752,710
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78657

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Llano
        • Middle: Llano
        • High: Llano
        • District: Llano ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes