ActiveResidential · sale

84 Applehead Island

Horseshoe Bay, TX 78657

$5,495,000

  • 8 beds
  • 9 baths
  • 7,635 sq ft
  • 0.58 acres
  • Built 2000

Listed by RE/MAX HORSESHOE BAY RESORT SA · MLS #ACT2103393

84 Applehead Island, Horseshoe Bay, TX 78657 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The property combines a 5,438 sq. ft. main residence and 2,197 sq. ft. guest house to create an exceptional 8-bedroom, 8.5-bath lakefront compound designed for gathering family and friends.

Details worth a look

A negative-edge pool and spa anchor the lakeside setting, while the boathouse features two boat slips, four PWC ramps, generous storage, and a rooftop deck positioned to capture sweeping views.

Year built

Built in 2000.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Beyond the gates of Applehead Island, 84 Applehead Island Dr. unfolds across two waterfront lots encompassing 324' of shoreline and exceptional views across Lake LBJ. The property combines a 5,438 sq. ft. main residence and 2,197 sq. ft. guest house to create an exceptional 8-bedroom, 8.5-bath lakefront compound designed for gathering family and friends. The main residence features a lakeside primary suite and a versatile guest suite/home office with built-in Murphy bed on the main level, while three additional guest suites are privately situated upstairs. Soaring ceilings, expansive living and dining spaces, a game room, and walls of windows create inviting spaces that embrace the waterfront setting throughout. A separate guest house provides three additional suites, including a bunk room and upper-level suite with suspended beds, plus a kitchenette for extended stays. Outdoor living unfolds across multiple covered patios and open-air gathering spaces overlooking the water. A negative-edge pool and spa anchor the lakeside setting, while the boathouse features two boat slips, four PWC ramps, generous storage, and a rooftop deck positioned to capture sweeping views. Suited for multi-generational living and large-scale entertaining, this remarkable waterfront estate captures the very best of Applehead Island living. Call today to schedule a private showing and see for yourself.
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THE NEIGHBORHOOD

Explore the location.

84 Applehead Island, Horseshoe Bay, TX 78657

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2000
Full baths
8
Half baths
1
Garage spaces
3
Cooling
Central Air
Heating
Central, Electric
Appliances
Built-In Oven(s), Electric Cooktop, Dishwasher, Microwave, Refrigerator, Trash Compactor
Flooring
Carpet, Stone, Wood
Fencing
None
Accessibility
None
Pool features
Heated, In Ground, Infinity, Pool/Spa Combo
Subdivision
Applehead Island
Parcel
1073000000840
HOA
Applehead Island POA
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Llano
Middle school
Llano
High school
Llano
Annual property tax
$50,337.80
HOA fee
$5,125.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$11,932.81
Estimated monthly rent$22,895.83
Cap rate2.86%

Annual operating income: $156,931.21

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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84 Applehead Island, Horseshoe Bay, TX 78657 · MLS #ACT2103393

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Listing information

MLS #ACT2103393 · Austin Board of Realtors

Listing brokerage: RE/MAX HORSESHOE BAY RESORT SA
Listing agent: Shirl Thornton

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.