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151 Applehead Island Dr, Horseshoe Bay, TX, 78657

5beds
5baths
5,102sqft
$5,395,000
$1,057price/sqft
$38,195/moest. monthly cost
$1,527,800/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
6/10
Llano Junior High SchoolGrades 6-820.6 mi
6/10
Llano High SchoolGrades 9-1220.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1992

Materials

  • Foundation: Slab
  • Roof: Metal

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Dryer,Exhaust Fan,Freezer,RNGHD,Refrigerator,Self Cleaning Oven,Washer

Bathroom

  • Level: Second

Bathroom

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bedrooms: 1

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
  • Window features: Insulated Windows,Low Emissivity Windows,Triple Pane Windows
  • Flooring: Stone,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Recreation Room

Game Room

  • Level: Second

Great Room

  • Features: High Ceilings
  • Level: First

Heating & Cooling

  • Heating features: Electric,Fireplace(s)
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 5,102 sqft

Kitchen

  • Level: Main

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Level: Second

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 16111
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Gunite,Pool/Spa Combo,Waterfall
  • Patio & porch: Deck,Front Porch,Porch,Rear Porch,Side Porch,Terrace,Wrap Around
  • Exterior features: Balcony,Barbecue,Exterior Steps,Outdoor Grill
  • Fencing: None
  • Has view: Yes
  • View description: Canal,Lake
  • Has water view: Yes
  • Water view: Canal,Lake
  • On waterfront: Yes
  • Waterfront features: Canal Front,Lake Front,Waterfront
  • Waterbody name: Other/Out of State

Lot

  • Lot size: 10,454 sqft
  • Features: Landscaped,Level,Native Plants,Near Golf Course,Sprinkler - In-ground

Parking

  • Total spaces: 3
  • Parking features: Driveway
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $27,280$327,360
Home Insurance *$4,425$53,100
Property Taxes $5,930$71,160
Electricity $560$6,722
Total$38,195$458,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,309,542/yr
40% on housing$1,145,850/yr
45% on housing$1,018,533/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

$1,057This listing

vs Other Active Listings

Avg $/sqft

ZIP 78657$471
Llano County$406

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
2026-07-03Listed for sale$5,395,000
2023-03-21Sold--
2023-02-22Pending sale$5,490,000
2023-02-21Contingent$5,490,000
2023-01-10Listed for sale$5,490,000
2023-01-01Listing removed--
2022-11-19Price change$5,650,000
2022-09-04Price change$5,900,000
2022-07-04Listed for sale$6,200,000
2020-11-16Listing removed$2,950,000
2020-09-02Pending sale$2,950,000
2020-08-31Listed for sale$2,950,000
2020-07-02Listing removed$2,950,000
2020-06-22Listed for sale$2,950,000
2020-04-23Listing removed$2,950,000
2019-06-15Listed for sale$2,950,000

For Sale by Agent

AgentDiane Alexander
BrokerageALEX

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