151 Applehead Island Drive at dusk, Lake LBJ

Applehead Island · Lake LBJ · Horseshoe Bay, TX

151 Applehead
Island Drive

A home that owns the water around it.

Offered at $5,395,000

270° Water view 186' Water frontage 5 Beds 5 Baths 5,101 Sq Ft 1992 Built
5
Bedrooms
5
Bathrooms
5,101
Interior SF · per LCAD
3
Car Garage
1992
Year Built · per LCAD
The video is superb see the link below.

THE POINT ON THE ISLAND —
270 DEGREES OF WATER VIEW. 

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 is one of the most coveted positions on the island—where the land runs out and the water takes over on three sides.  

Resort pool and spa at the water's edge with open Lake LBJ beyond

Lake LBJ unfolds in a full 270 degrees of unobstructed open water. The home claims a remarkable 186 feet 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. 

This property depicts a level of investment that could not be replicated today for $7 million.

While the cul-de-sac setting keeps the home quiet and private it offers a commanding waterfront stance.

1992 · 2022–2023 · 2025–2026

A Three Chapter Evolution

From its founding at the prow of the peninsula to an exacting, top-to-bottom renovation — the story of how this home became what it is.

1992
Built

Established at a coveted position on Applehead Island — the tip of the peninsula, with water on three sides.

2022–2023
Rebuilt

A full contemporary renovation — clean modern volumes, white-oak floors, black-steel window walls, and walls of glass that open the home to the lake.

2025–2026
Reimagined, Updated & Repaired

The current owner's exacting, top-to-bottom renovation — every system and surface elevated to a standard that could not be replicated today for $7 million.

The home you see today

Photo tour

Every room frames water

Move through the home zone by zone. 

The Point · Aerial
Great Room · Living
Chef's Kitchen
Upper-Level Master Suite
Spa Baths
Pool & Outdoor Living
Outdoor Kitchen & Pavilion
Terraces & Water Views
Game, Media & Guest Rooms
Entry, Garage & Dock

Inside

The 2-story glass entrance opens to the family room with a wall of expansive water views and fireplace. 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 with Subzero fridge, dishwasher and sink. Guest suite with large bath. 2nd full guest bath. 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 cat walk connect the 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 custom bunk room and a game room with fireplace beneath a statement chandelier ensure a place for everyone.

Most personal property and furnishings available as a separate sale.

Photo 1Photo 1

Outside

Massive deck built over the water is accessible from the kitchen, family room and 1st floor guest suite. A resort pool is at the water's edge. A covered cabana with full outdoor kitchen complements the deck. Steel cable balconies on two floors overlook the lake. Outdoor living is completed by a private boat house with slips and lifts delivering you straight into open water.


3,063
Sq Ft of new deck
Per survey — wraps the point into the water
~2,050
Covered outdoor SF
Estimated · terraces & balconies 
~1,600
Pool deck SF
Estimated · hardscape surround, separate from the new deck
~6,700
Total exterior living SF
Estimated

The 3,063 sq ft of new deck is documented on the property survey. The lakeside platform that wraps the peninsula point and extends out over the water. The pool deck is a separate hardscape area. Outdoor figures other than the surveyed deck are estimated. All measurements should be independently verified.

Features & finishes

Position & Water

  • Peninsula tip point lot
  • 186 feet of water frontage
  • One of the most coveted positions on the island
  • 180° open water + 90° boating canal = 270° total water view
  • Deep-water boating canal down one entire flank
  • Private boat dock, slips & lifts
  • Guard gated Applehead Island
  • On site security
  • Constant-level Lake LBJ offering year-round access

Interior

  • Current owners' exacting top to bottom renovation
  • White oak floors, vaulted ceilings, white volumes
  • Black steel window walls; lake views from nearly every room
  • Two linear gas fireplaces on metallic porcelain feature walls
  • Masterpiece kitchen with oversized stone island, double Wolf ovens, built-in refrigeration, wine cooler
  • Separate butler's pantry
  • Electric shades
  • Black-steel cable oak staircase & catwalk

Living & Outdoor

  • Upper-level master suite, spa bath & walk-out balcony
  • Main level en suite guest suite with walk-in shower
  • Game room
  • Custom bunk room
  • Resort pool with water jets, at the water's edge
  • Metal roof cabana with full outdoor kitchen
  • V groove covered terraces & balconies

Arrival & Systems

  • Three car garage with epoxy finished floor (confirm finish)
  • Long driveway & motor court — generous parking
  • Two story glass entry
  • Guard attended gate & onsite security
  • Clubhouse, tennis & community pool nearby
  • Multiple Horseshoe Bay Golf Courses
  • One hour to Austin

documents

Document Package

For qualified buyers

Document package

Deck permits, feature sheet, HOA details are available on request by qualified buyers and their agents.

Request the Document Package →
The estate at the prow of the peninsula

The community

Applehead Island, Lake LBJ


Applehead Island is one of Horseshoe Bay's most exclusive enclaves — a guard-gated community with tennis courts and a community pool. World-class golf courses and fine dining sit just minutes away

Getting here

A private island — plan your approach

151 Applehead is on a gated private island on the south shore of Lake LBJ. Access is through the Applehead guard gated entrance and then onward to the island streets. This point lot sits at the corner of a cul-de-sac. It is not a straightforward drive from the road. 

  • Enter via the Applehead Gate (guard-attended)
  • Showings are by appointment 
  • Gate access is arranged in advance
  • Allow extra time from Hwy 71 / RR 2147
Get Directions →

Private showings

Request a tour of 151 Applehead


Reach out to arrange a private showing or request the full property package.

DA
Diane Hart Alexander
Managing Broker
ALEX Real Estate

151 Applehead Island Dr Request Showing

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