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120 Applehead Island Dr., Horseshoe Bay, TX, 78657

5beds
7baths
6,334sqft
$6,495,000
$1,025price/sqft
$46,112/moest. monthly cost
$1,844,480/yrincome needed

About This Home

120 Applehead Island Dr. presents a striking Mediterranean-inspired estate with panoramic open-water views and an effortless, elevated lakefront lifestyle. Arched passageways, stone columns, and hand-hewn wood beams showcase timeless architecture that extends warmth and character throughout the home. Inside, the main living spaces unfold in a dramatic, multi-level design where light and water take center stage. Here, the living room, dining area, kitchen, and lounge are seamlessly connected, providing an open setting for gathering and entertaining. Suited for intimate evenings or large celebrations, the island kitchen flows naturally into the living and multiple dining areas. The main-level primary suite offers a private retreat with patio access, his & her closets, and spacious bath while the impressive game room creates a natural extension of the home’s central gathering spaces. Guest suites, bunk accommodations, a media room, and two dedicated offices provide flexibility for hosting across generations. Outdoors, terraces and covered patios extend toward the water, where a resort-style pool, cascading waterfall, and spa overlook Lake LBJ. Evenings settle in beside the outdoor fireplace on the covered patio, while days begin just steps away at the private boat slip, offering immediate access to the constant-level waters of Lake LBJ. Within the gates of this exclusive waterfront community, 120 Applehead Island Dr. is more than a home - it is a place to gather and return to for years to come.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

3/10
6/10
Llano Junior High SchoolGrades 6-820.4 mi
6/10
Llano High SchoolGrades 9-1220.7 mi

Construction

Condition

  • Year built: 1996

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Disposal,Ice Maker,Microwave,Refrigerator,Built-In Refrigerator,Washer Hookup,Cooktop,Wall Oven

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Recessed Lighting,Split Bedroom
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Two
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,334
  • Total interior livable area: 6,334 sqft

Property

Details

  • Parcel number: 015091
  • Zoning: Res

Features

  • Levels: One
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Private
  • Patio & porch: Covered,Patio
  • Exterior features: Balcony,Open Concrete Areas,Stonework
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Wrought Iron
  • 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: 84

Lot

  • Lot size: 0.31 Acres
  • Features: Landscaped,Waterfall
  • Lot size dimensions: 84 x 169 x 92 x 163

Parking

  • Total spaces: 3
  • Parking features: 3+ Car Attached Garage,Garage Door Opener,Side Entry
  • Has garage: Yes

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

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

How This Home’s Risks Compare

Inland Flooding
Hail
Lightning
Tornado
Winter Weather
Cold Wave
Strong Wind
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 $32,842$394,104
Home Insurance *$5,327$63,924
Property Taxes $7,248$86,976
Electricity $695$8,346
Total$46,112$553,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,580,982/yr
40% on housing$1,383,360/yr
45% on housing$1,229,653/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

$1,025This listing

vs Other Active Listings

Avg $/sqft

ZIP 78657$471
Llano County$407

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)

Price History

DateEventPrice
2026-03-30Listed for sale$6,495,000
2023-10-12Sold--
2023-08-24Pending sale$4,995,000
2023-08-19Listed for sale$4,995,000
2023-06-10Listing removed--
2023-05-31Price change$4,985,000
2022-12-30Price change$5,495,000
2022-07-23Price change$5,750,000
2021-12-09Listed for sale$6,200,000
2021-06-30Sold--
2021-05-25Pending sale$4,650,000
2021-04-07Price change$4,650,000
2020-06-18Price change$4,999,000
2020-02-03Listed for sale$5,495,000

For Sale by Agent

AgentShirl A Thornton
BrokerageRE/MAX HORSESHOE BAY RESORT SA

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