ANOTHER GREAT PRICE CHANGE! ADORABLE DESIGNER 2 BED/2 BATH condominium on Lake LBJ. This beautifully furnished/decorated condo offers stunning open water views with eastern exposure. Located in the heart of the Horseshoe Bay Resort in the highly desirable Bldg., 5, 98 Island Dr. Conveniently located within walking distance to Resort Amenities and the Waters-only pool directly in front of the building, the Resort Yacht Club next door, Marina, Waterside Grill and much more. (Separate Membership Needed to enjoy Resort Amenities). Come and enjoy Lake LBJ and hill country living while enjoying breathtaking waterfront views from your kitchen, living room, bedroom and balcony. This highly desired condo features stainless steel appliances, granite counters, crown molding, tiled floors and spacious lanai patio. Own this amazing condo as your weekend retreat (with short-term rental options), or as your full-time Resort living oasis.
| Property Type | Residential |
| Property Sub Type | Condominium |
| Sub Type Additional | Condominium |
| Architectural Style | Contemporary Modern |
| Year Built | 2008 |
| Year Built Source | Builder |
| New Construction | No |
| Stories | 1 |
| Levels | One |
| Living Area | 1,251 sq ft |
| Living Area Source | CondoDocuments |
| Building Area Total | 1,251 sq ft |
| Foundation | Pillar Post Pier, Slab |
| Construction | Stone, Stucco, Wood Siding |
| Roof | Tile |
| Bedrooms | 2 |
| Bedrooms Possible | 2 |
| Bathrooms (total) | 2 |
| Bathrooms Full | 2 |
| Bathrooms Half | 0 |
| Rooms Total | 7 |
| Interior Features | Breakfast Bar, Double Vanity, Elevator, Granite Counters, Kitchen Family Room Combo, Pantry, Tub Shower, Window Treatments, Kitchen Dining Combo, Living Dining Room, Programmable Thermostat |
| Flooring | Tile |
| Appliances | Dryer, Washer Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Washer, Refrigerator |
| Laundry | Laundry In Utility Room, Electric Dryer Hookup, Stacked |
| Windows | Window Coverings |
| Security | Smoke Detectors |
| Exterior Features | Balcony, Deck, Patio |
| Patio / Porch | Balcony, Deck, Patio |
| Pool Private | Yes |
| Pool Features | Gunite, In Ground |
| Waterfront | Yes |
| Waterfront Features | Lake, Lake Front |
| View | Yes |
| View Type | Lake |
| Garage Spaces | 1 |
| Attached Garage | Yes |
| Parking Features | Assigned, Attached, Underground, Garage |
| County | Llano |
| MLS Area Major | 83 |
| Subdivision | The Waters At Horseshoe Bay Re |
| Postal Code | 78657 |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Water Source | Public |
| Sewer | Public Sewer |
| Energy Efficient | Thermostat |
| HOA Fee | $725 |
| HOA Fee Frequency | Monthly |
| HOA Name | NE Property Management |
| Fee Includes | Common Areas, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water |
| Amenities | Boat Dock, Boat Slip, Trash |
| Tax Annual Amount | $6,610 |
| Tax Year | 2024 |
| Tax Rate (est.) | 0.83% |
| Parcel # | 64965 |
| Legal Description | THE WATERS AT HORSESHOE BAY RESORT CONDO PHASE II BLDG 5 UNI |
| Listing Terms | Cash, Conventional, FHA, Va Loan |
| Lease Considered | No |
| Disclosures | Seller Disclosure |
| Primary Bedroom | 15x15 |
| Bedroom | 15x15 |
| Living Room | — |
| Kitchen | — |
| Primary Bathroom | — |
| Bathroom | — |
| Utility Room | — |
Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.
Request this noticeThe §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.
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HARMLS last updated Sep 24, 2026, 4:59 AM CDT. Properties may subsequently be sold or off-market.
