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98 Island Drive #25, Horseshoe Bay, TX, 78657

3beds
2baths
1,637sqft
$995,000
$608price/sqft
$7,184/moest. monthly cost
$287,360/yrincome needed

About This Home

This beautifully updated 3 bedroom 2 bath condominium on Lake LBJ is presented fully furnished and offers stunning open water views with eastern exposure. Located in the highly desirable Waters building # 5, 98 Island Dr, this condo boasts wood floors, enhanced lighting, stainless steel appliances, and granite countertops. The custom painting and designer furnishings throughout add a touch of Resort elegance and breeziness. With a split floorplan, it's perfect for entertaining Family, guests or enjoying full-time living. The spacious lanai provides a tiled and furnished space to relax and take in the serene open water lake views. Conveniently situated in the heart of Horseshoe Bay Resort, you'll have access to the Waters-only pool directly in front of the building, the Members' Only Yacht Club next door, Resort Marina, Waterside Grill, 18-hole putting course, 360 Sports Bar, and more. (Please note that a separate membership is required to enjoy the amenities of The Club at Horseshoe Bay Resort.) Experience the light, bright, and relaxing atmosphere of this condominium and indulge in resort living at Horseshoe Bay. You have earned this.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

3/10
6/10
Llano Junior High SchoolGrades 6-822.7 mi
6/10
Llano High SchoolGrades 9-1223.0 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Wood Siding,HardiPlank Type,Stone,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Custom
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Microwave,Electric Range,Refrigerator,Washer,Washer Hookup,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Pantry,Split Bedroom,No Steps to Entry
  • Flooring: Hard Tile,Hardwood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,637
  • Total interior livable area: 1,637 sqft

Property

Accessibility

  • Accessibility features: Interior Handicap Access,Exterior Handicap Access

Details

  • Parcel number: 035723

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community,In Ground
  • Patio & porch: Covered
  • Exterior features: Open Concrete Areas
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: Hill Country,Lake,Panoramic
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Open Water,Lake LBJ
  • Frontage length: 0

Lot

  • Features: Landscaped
  • Lot size dimensions: 0

Parking

  • Total spaces: 1
  • Parking features: 1 Car Attached Garage,Side Entry
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave
Heat Wave
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$816$9,792
Property Taxes $1,099$13,188
Electricity $238$2,859
Total$7,184$86,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$246,308/yr
40% on housing$215,520/yr
45% on housing$191,573/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$608This listing

vs Other Active Listings

Avg $/sqft

ZIP 78657$483
Llano County$412

vs Homes Sold Last Month

Median $/sqft

ZIP 78657
Llano County$249

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-01Price change$995,000
2025-06-19Price change$1,095,000
2024-04-25Listed for sale$1,125,000
2017-02-27Sold--

For Sale by Agent

AgentDavid Poelzl
BrokerageHorseshoe Bay Resort Realty

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