Best waterfront properties on Lake LBJ

403 Island Drive, Horseshoe Bay, TX 78657

3 Beds

3 Full baths

1,875SqFt

Active

Experience refined lakefront living in this exceptional townhome located within a gated waterfront community on Lake LBJ. Offering direct lake access and resort-style amenities, this residence presents a rare opportunity to enjoy privacy, security, and a true lakeside lifestyle. The home features direct access to Lake LBJ via a private boat dock, making it ideal for boating and water recreation enthusiasts. Residents also enjoy access to a beautiful in-ground community pool, enhancing the relaxed, resort-like atmosphere. Inside, the main living area is open, bright, and thoughtfully designed, with expansive wall-to-wall windows that showcase stunning lake views and fill the space with natural light. The seamless layout creates an inviting environment for both everyday living and entertaining. The main level offers two well-appointed bedrooms. The primary bedroom includes an en-suite bathroom and walk-in closet, while the guest bedroom is conveniently connected to a hallway bathroom, providing comfort and privacy for residents and guests alike. The entire second floor has been fully renovated into a theater and flexible living space, complete with a full bathroom. This versatile area is ideal for a media room, home office, entertainment lounge, or additional guest retreat. Combining lakefront access, modern updates, and a gated community setting, this townhome delivers an exceptional long-term rental opportunity on the constant-level waters of Lake LBJ.

Property Details
Price $4,300
Bedrooms 3
Full Baths 3
Half Baths 0
Lot Size 21 x 53
Acres 0.11
Property Type Rental
Sub type Condominium
MLS Sub type Condominium
Exterior Features Balcony, Courtyard
Year Built 1986
Subdivision Horseshoe Bay P
View Hill Country, Lake, Panoramic
Waterfront Yes/Other
Heating Central
Pool features In Ground
Association Amenities Pool, Water
Geographic Data
Directions From US 281 S, turn right onto FM2147 W continuing 5.5 miles. Right turn onto Horseshoe Bay Blvd. At the traffic circle, take the 1st exit and stay on Horseshoe Bay Blvd. Exit the traffic circle onto Horseshoe Bay Blvd and take right onto Island Drive. In 0.3 miles, destination will be on the right
County Llano
Latitude 30.552772
Longitude -98.354699
Address Information
Address 403 Island Drive, Horseshoe Bay, TX 78657
Postal Code 78657
City Horseshoe Bay
State TX
Country United States
Listing Information
Listing Office Horseshoe Bay Living 2, LLC
Listing Agent Jeanette Lockhart
School Information
District Marble Falls
MLS Information
MLS Status Active
Listing Last Modified Mar 7, 2026
Tax ID 075323
MLS # HLM176445

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