151 Applehead Island
Horseshoe Bay, TX 78657
$5,395,000
- 5 beds
- 5 baths
- 5,102 sq ft
- 0.24 acres
- Built 1992
Listed by ALEX · MLS #ACT4099259
A FEW THINGS TO NOTICE
What stands out.
Details worth a look
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.
Year built
Built in 1992.
Garage parking
3 garage spaces listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
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.
THE NEIGHBORHOOD
Explore the location.
151 Applehead Island, Horseshoe Bay, TX 78657
Loading property map…
Map position comes from the listing source. Open directions in Google Maps
THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 1992
- Full baths
- 5
- Half baths
- 0
- Garage spaces
- 3
- Cooling
- Electric
- Heating
- Electric, Fireplace(s)
- Appliances
- Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Freezer, RNGHD, Refrigerator, Self Cleaning Oven, Washer
- Flooring
- Stone, Tile, Wood
- Fencing
- None
- Accessibility
- None
- Pool features
- Gunite, Pool/Spa Combo, Waterfall
- Subdivision
- Applehead Island
- Parcel
- 16111
- HOA
- Horseshoe Bay Maintenance Association
- HOA amenities
- Common Area Maintenance, Maintenance Grounds, Parking, Security
- HOA fee frequency
- Annually
- Elementary school
- Llano
- Middle school
- Llano
- High school
- Llano
- Annual property tax
- $47,872.30
- HOA fee
- $5,717.00
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.
ERA PROPERTY MANAGEMENT
See its potential.
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.
Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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 ManagementResidential 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.
YOUR CAREER. YOUR NEXT CHAPTER.
Find your place in real estate.
Just getting started?
Explore real estate education and available licensing courses through ARTI Academics.
Become a real estate agentReady to work with ERA?
Discover the people, broker support, technology and education behind an ERA real estate career.
Join ERA BrokersMoving for work?
Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.
Explore Corporate ServicesContact ERA about this property
Ask about this property.
151 Applehead Island, Horseshoe Bay, TX 78657 · MLS #ACT4099259
More in Horseshoe Bay.
Listing information
MLS #ACT4099259 · Austin Board of Realtors
Listing brokerage: ALEX
Listing agent: Diane Alexander
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

$165,000
$315,000
$162,000