Browse Lake LBJ waterfront homes for sale in Horseshoe Bay, Kingsland & Granite

Lake LBJ Waterfront Homes

Starting in Horseshoe Bay and running to Kingsland, Lake Lyndon B. Johnson (known to locals as “Lake LBJ”) is one of seven man-made lakes in the Highland Lakes of Texas. These lakes are known for their luxurious lakefront properties, diverse and thriving communities, and plenty of lakeshore fun. Lake LBJ is no exception! Lake LBJ covers more than 6,500 acres and the water remains at a constant level throughout the year. This means it’s always a good time to go boating, waterskiing, jet skiing, or just enjoy the sunshine and the breathtaking views. The varied communities that have sprung up along Lake LBJ’s shores include everything from the high-style, luxurious living of Horseshoe Bay at one end of the lake to the country life of the Hill Country in Kingsland at the other. In between, you will find the charming neighborhoods of Granite Shoals and Highland Haven, along with the social neighborhood of Sunrise Beach

Real Estate Statistics

Average Price $2.3M
Lowest Price $379K
Highest Price $13M
Total Listings 265
Avg. Days On Market 115
Avg. Price/SQFT $685

Property Types (active listings)

Lake LBJ Homes For Sale

Work With Lake LBJ Waterfront Specialists

Buyers researching the Highland Lakes often arrive at Lake LBJ asking the same question: why does it command such a premium? The answer starts with one thing most Highland Lakes cannot offer, a water level that stays constant year-round. No drought fluctuations, no dock adjustments, no uncertainty about what the shoreline looks like after a dry summer. That stability, combined with more than 6,500 acres of Hill Country water, a range of communities from the resort lifestyle of Horseshoe Bay to the relaxed pace of Granite Shoals and Sunrise Beach, and one of the strongest short-term rental markets in Central Texas, makes Lake LBJ a destination for lifestyle buyers and investment buyers alike.

Hunter Croan, owner of The Lakefront Group, leads a team with deep roots across the Highland Lakes and access to Lake LBJ properties that never reach a public listing. At a lake where some of the most desirable homes change hands quietly, that access matters.

Billy Stephens brings more than a decade of building materials sales experience to every Lake LBJ transaction, and that background goes well beyond dock and exterior work. In Granite Shoals, Billy identified a kitchen and outdated flooring as the reason a seller was fielding offers far below the home's potential. He connected them with the right contractors, the renovation came in just under $100,000, and the home sold off-market for $300,000 more than pre-renovation offers. For sellers looking to maximize what their Lake LBJ property is worth, that kind of pre-listing insight and contractor access is hard to find.

Brooke LeMond brings more than two decades of Highland Lakes real estate experience and deep expertise around investment strategy and financial planning. As a certified KW Real Estate Planner, she is particularly well suited for buyers and sellers navigating 1031 exchanges, capital gains timing, and long-term asset decisions. Lake LBJ draws a meaningful share of buyers who are treating the purchase as both a lifestyle choice and a financial investment, and Brooke's structured approach to those conversations adds real value.


More About Lake LBJ Waterfront Homes For Sale

Most Popular Areas for Lake LBJ Real Estate

Horseshoe Bay
Kingsland
Granite Shoals
Sunrise Beach
Highland Haven
Blue Lake
Applehead Island 

Homes in the Lake LBJ Area

No matter what type of lifestyle you’re looking for, the communities that surround this lake have what you want. There are properties for people who want to be the life of the party and there are homes for people who want to go to Lake LBJ to escape the busyness of city life. There are homes for people who’d like to rub elbows with celebrities and properties for people who love a secluded lifestyle. It’s all here at Lake LBJ!

The Lake LBJ homes for sale in each of these neighborhoods range in size from condos to sprawling mansions, and the prices are just as varied. Homebuyers looking to enter the Lake LBJ market can find properties for $600k, while families looking for a more high-end, spare-no-expense home can find properties going for up to $9 million.

Also, since waterfront real estate on Lake LBJ has historically proven to be a great long-term investment, why not invest in property that also gives you the opportunity to create lasting family memories at the same time (take a look at the Lake LBJ Investment/Short-Term Rentals For Sale)!

Entertainment and Recreation Venues Around Lake LBJ

We know that homebuyers flock to lake life because it’s all about boating, jet skiing, and relaxing in the sun. But, there’s actually a lot more to Lake LBJ than the lake. When you have your own home on Lake LBJ, you can enjoy any of the many local attractions—day or night.

You may want to check out the Lake LBJ Yacht Club and Marina, where you can enjoy the local bar and grill or take advantage of the full-service boat slip facility.

Just 30 minutes north of Lake LBJ, you’ll find Longhorn Cavern State Park, a great place to explore and enjoy outdoor activities. Families can explore via the walking tour and more adventurous individuals head into the cave for the “Wild Cave Tour.” For those who love their time on the greens, Horseshoe Bay boasts three golf courses designed by Robert Trent Jones, Sr.

Lake LBJ Schools

With more than 4,000 students and leading-edge educational opportunities, the Marble Falls Independent School District serves many of the areas surrounding Lake LBJ.

Llano Independent School District is a much smaller school system with just over 1,700 students. With the smaller size comes more direct teacher-student interaction and lots of school pride!

The Burnet Consolidated Independent School District, located in Burnet, TX, serves 3,200 Pre-K & K-12 students in six campuses.

Lake LBJ Real Estate FAQs

Is Lake LBJ a constant-level lake?

Yes. Lake LBJ is one of the few Highland Lakes maintained at a constant level year-round, managed by Wirtz Dam on the Colorado River. That consistency is a significant reason Lake LBJ holds its value well and makes dock planning, shoreline improvements, and water access more predictable than on variable lakes. Read more about how lake levels affect property values in Central Texas.


What communities are on Lake LBJ?

Lake LBJ has several distinct communities, each with its own character and price range. Horseshoe Bay is the most developed, with resort amenities, world-class golf, and a full-service marina. Applehead Island is a gated community with some of the most exclusive waterfront estates on the lake. Kingsland offers more space for the money and is one of the most STR-friendly communities on the lake. Granite Shoals is the largest community on Lake LBJ and strikes a balance between small-town feel and lake access. Sunrise Beach draws buyers looking for a relaxed, less developed atmosphere with affordable price points. Highland Haven and Blue Lake round out the lake with quieter residential options. Knowing the differences between these areas matters as much as the property itself.


Is Lake LBJ good for short-term rentals?

Lake LBJ is one of the strongest short-term rental markets in the Highland Lakes, with consistent demand from Austin and San Antonio visitors year-round. STR rules and HOA restrictions vary significantly by community, so buyers pursuing rental income should evaluate those details carefully before purchase. Read more: Are Short-Term Rental Lake Houses a Good Investment?


What is a fill area on Lake LBJ?

On some Lake LBJ properties, the land between the recorded property boundary and the waterline is not owned by the seller. It may be owned by the LCRA or by an entirely separate individual. Either way, if a buyer does not own all the way to the water, they are not purchasing a true waterfront property regardless of how the listing presents it. Understanding exactly who owns the fill area before making an offer is one of the most important due diligence steps on Lake LBJ. Read more: Fill Property and the Highland Lakes: Understanding Your Boundaries.


How does Lake LBJ compare to Lake Austin?

Lake LBJ is larger, more community-driven, and generally more accessible in price than Lake Austin, which sits closer to downtown Austin and carries a higher entry floor. Lake Austin draws buyers looking for urban-adjacent waterfront luxury, while Lake LBJ appeals to a broader mix of lifestyle buyers, second-home buyers, and investors. For a full comparison, read Lake LBJ vs. Lake Austin.


What else should buyers look for when comparing Lake LBJ homes?

Beyond the home itself, focus on open water versus cove position, dock size and condition, depth at the waterline, rules around short-term rentals, and proximity to resort amenities and marinas. Constant water level removes one variable, but location on the lake still significantly influences long-term value and daily enjoyment. For a deeper look at how community affects pricing across the Highland Lakes, read Understanding Waterfront Communities Pricing on the Highland Lakes.

Contact The Lakefront Group for All Your Lake LBJ Real Estate Needs!

At The Lakefront Group, our expert team of agents has experience with all types of Lake LBJ real estate. We will not only find you great homes for sale in Lake LBJ that meet your needs, but we can also give you insights into the best fishing locales, party spots, or quiet coves to drop anchor and enjoy the sunset.

Whether you’re looking for an investment, a home to watch your kids grow up in, or a property to retire in, contact The Lakefront Group to find the Lake LBJ home that matches your dreams!

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