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Horseshoe Bay · Applehead Island

$5,395,000 23 days on market

151 Applehead Island Dr, Horseshoe Bay, TX 78657

  • 5bedrooms
  • 5bathrooms
  • 5,102sqft
  • 0.24acres
  • 1992year built

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.

Property

Type
Single Family Residence
Levels
Two
Year built
1992
Lot size
0.24 acres
Subdivision
Applehead Island
MLS #
ACT4099259

Inside

Bedrooms
5
Bathrooms
5
Living area
5,102 sqft
Fireplaces
2

Outside / parking

Garage spaces
3
Pool
Yes — private
Waterfront
Yes

Schools

Elementary
Llano
High school
Llano
District
Llano ISD

Costs

HOA
$5,717 / annually
Est. annual taxes
$47,872 (2026)

Listing

First listed
Jul 3, 2026
Days listed
23
Status
Active

Listed by Diane Alexander, ALEX · [email protected] · MLS# ACT4099259 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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