What is the average price of a Lake LBJ waterfront condo?

The average listing price is $818K, with active inventory ranging from $198K for smaller units to $2.3M for premium townhomes. Median price per square foot is approximately $530.

What is the difference between a Lake LBJ condo and a townhome?

In a condo, you own the interior of your unit plus an interest in the common areas; the HOA owns the exterior and grounds. In a townhome, you typically own the unit and the land under it, including the roof. HOA coverage, insurance obligations, and maintenance responsibilities differ accordingly.

Are boat slips included with Lake LBJ waterfront condos?

It varies. Some units come with a deeded slip (you own it), some have assigned HOA slips, and some have access to shared community slips on a waiting list. Always confirm which applies to the specific unit.

Can I short-term rent a Lake LBJ condo on Airbnb or VRBO?

It depends on both the HOA and the city. Some buildings permit nightly rentals; others restrict to 30-day minimums; others ban rentals entirely. In Horseshoe Bay, rules vary subdivision by subdivision. Verify in writing before buying with rental income in mind.

What are typical HOA dues for Lake LBJ waterfront condos?

HOA dues range roughly $200 to $1,000+ per month depending on the building and what is included. Full-service waterfront buildings with marina access, pool, and exterior insurance charge more than smaller-format buildings with limited amenities.

What does a Lake LBJ condo HOA typically cover?

Common items include exterior maintenance, roof, landscaping, pool and clubhouse, master insurance policy, water and sewer, trash, and reserve contributions. Coverage varies by building — read the HOA documents to know exactly what is included.

How do I evaluate a condo HOA before buying?

Review current dues, what they cover, reserve fund balance, recent and pending special assessments, short-term rental rules, rental caps, pet policy, pending litigation, and meeting minutes from the last 12 months. A good real estate attorney or experienced agent should walk through this with you.

Are Lake LBJ waterfront condos a good investment?

In rental-permitted buildings, waterfront condos can generate meaningful short-term rental income — $3,500 to $12,000+ per month in peak season depending on size and location. Net returns depend on HOA dues, management fees, and occupancy. Verify rental rules before buying.

Do I need flood insurance on a Lake LBJ condo?

Your HOA master policy should cover the building's structure, but that policy may exclude flood. If your unit is in a FEMA flood zone, your lender may require a separate flood policy for your interior. Confirm what the master policy covers and what you need to supplement.

How much are property taxes on a Lake LBJ condo?

Tax rates vary by jurisdiction. Budget approximately 1.8 to 2.3 percent of assessed value annually, with exact rates depending on whether the property is in Horseshoe Bay city limits, Llano County, Burnet County, or a MUD.

Lake LBJ, TX Waterfront Condos & Townhomes for Sale

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$689,000

↓ $10,900

101 W Bank, Horseshoe Bay

3 Beds 2 Baths 1,602 SqFt Residential MLS® # 178561

Brigitte Nolen Horseshoe Bay ONE Realty

$679,000

613 Hi Circle North #a, Horseshoe Bay

2 Beds 3 Baths 1,216 SqFt Residential MLS® # 179306

Chad Thibodeaux RE/MAX HORSESHOE BAY RESORT SA

$649,500

↓ $35,500

1000 The Cape #24, Horseshoe Bay

3 Beds 2 Baths 1,637 SqFt Residential MLS® # 176160

David Poelzl Horseshoe Bay Resort Realty

$609,000

↓ $16,900

509 Short Circuit, Horseshoe Bay

3 Beds 2 Baths 1,154 SqFt Residential MLS® # 179114

Charla Cormier Cormier Property Team - eXp

$575,000

↓ $50,000

1000 The Cape #12, Horseshoe Bay

3 Beds 2 Baths 1,637 SqFt Residential MLS® # 179152

David Poelzl Horseshoe Bay Resort Realty

$575,000

↓ $100,000

101 West Bank Unit 14, Horseshoe Bay

3 Beds 2 Baths 1,344 SqFt Residential MLS® # 171200

Patricia Gillean Horseshoe Bay ONE Realty

$574,900

96 Island Drive #42, Horseshoe Bay

2 Beds 2 Baths 1,282 SqFt Residential MLS® # 179392

David Poelzl Horseshoe Bay Resort Realty

$550,000

↓ $25,000

1100 The Cape, Horseshoe Bay

3 Beds 2 Baths 1,141 SqFt Residential MLS® # 178366

Kale Stephens Horseshoe Bay Living 2, LLC

$550,000

↓ $99,000

101 Island #f Drive, Horseshoe Bay

1 Bed 2 Baths 1,174 SqFt Residential MLS® # 177203

Brooke Lemond Keller Williams Heritage

$515,000

104 Cove E Unit 103, Horseshoe Bay

3 Beds 2 Baths 1,150 SqFt Residential MLS® # 178985

Micha Osloond Horseshoe Bay Living 2, LLC

$499,000

1000 The Cape, #15, Horseshoe Bay

2 Beds 2 Baths 1,166 SqFt Residential MLS® # 179262

Wendy Christesson Horseshoe Bay Resort Realty

$425,000

1000 The Cape Rd 66, Horseshoe Bay

1 Bed 1 Bath 759 SqFt Residential MLS® # 179370

Brigitte Nolen Horseshoe Bay ONE Realty

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Aerial view of Horseshoe Bay, Texas lighthouse.

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Search every Lake LBJ and Horseshoe Bay listing, updated straight from the MLS. Broker Chad Thibodeaux has been matching buyers to the right property here for nearly 30 years.

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Condos & Townhomes for Sale | Lake LBJ

Search Lake LBJ Waterfront Condos & Townhomes for Sale

$689,000

101 W Bank, Horseshoe Bay

$679,000

613 Hi Circle North #a, Horseshoe Bay

$649,500

1000 The Cape #24, Horseshoe Bay

$609,000

509 Short Circuit, Horseshoe Bay

$575,000

1000 The Cape #12, Horseshoe Bay

$575,000

101 West Bank Unit 14, Horseshoe Bay

$574,900

96 Island Drive #42, Horseshoe Bay

$550,000

1100 The Cape, Horseshoe Bay

$550,000

101 Island #f Drive, Horseshoe Bay

$515,000

104 Cove E Unit 103, Horseshoe Bay

$499,000

1000 The Cape, #15, Horseshoe Bay

$425,000

1000 The Cape Rd 66, Horseshoe Bay

Search Lake LBJ and Horsehoe Bay Real Estate.