Is Lake LBJ a constant-level lake?

Yes. Lake LBJ is a pass-through reservoir — water flowing in from Lake Buchanan and Inks Lake upstream must flow out through Wirtz Dam downstream. The lake has no storage capacity, so the level typically stays within 824.40–825.00 feet above mean sea level, a fluctuation of about 2 feet or less in a normal year.

Who manages Lake LBJ?

The Lower Colorado River Authority (LCRA), a public utility formed in 1934. LCRA built and operates Wirtz Dam and controls dock permits, shoreline use, and water quality on the lake.

Lake LBJ covers 6,432 acres and stretches roughly 21 miles. It has approximately 200 miles of shoreline and reaches a maximum depth of about 90 feet near Wirtz Dam.

What counties is Lake LBJ in?

The lake is split between Burnet County and Llano County, with the county line running down the middle of the water.

Can I rent my Lake LBJ home short-term on Airbnb or VRBO?

It depends on the city and community. Granite Shoals and Kingsland generally allow short-term rentals. Horseshoe Bay has subdivision-specific rules. Before buying with rental income in mind, verify the rules for the exact property.

Do I need a permit for a dock on Lake LBJ?

Yes. The LCRA requires permits for all docks, boathouses, and shoreline structures. When buying a waterfront home, always confirm the existing permit is current and will transfer to you at closing.

How far is Lake LBJ from Austin?

About 45 miles northwest of Austin — roughly a one-hour drive. San Antonio is about 90 minutes away.

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

As of the most recent MLS pull, the average listing price is $2.2M, with inventory ranging from $198K for entry-level condos to over $13M for flagship estates. Median price per square foot is approximately $657.

Is Lake LBJ good for fishing?

Lake LBJ is stocked with largemouth bass, white bass, catfish, and crappie. Because the water level stays stable, fishing conditions are more predictable year-round than on storage reservoirs like Lake Travis or Lake Buchanan.

How is Lake LBJ different from Lake Travis?

Lake Travis is a storage reservoir — its level can drop 50+ feet during drought, exposing docks and changing shoreline access. Lake LBJ is a pass-through reservoir with a near-constant level, which is why it is a preferred choice for buyers who want a dependable waterfront experience.

Lake LBJ Real Estate | Waterfront Homes & Lots for Sale

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$1,490,000

↓ $160,000

600 Deep Cove, Granite Shoals

4 Beds 4.5 Baths 3,198 SqFt Residential MLS® # 177173

Kale Stephens Horseshoe Bay Living 2, LLC

$1,449,000

↓ $50,000

306 Beach Dr Drive, Sunrise Beach

2 Beds 2 Baths 1,840 SqFt Residential MLS® # 177988

Aaron Jistel ListingSpark

$1,425,000

↓ $25,000

713 Ellen Williams Loop, Kingsland

3 Beds 2 Baths 1,917 SqFt Residential MLS® # 176959

Stephanie Bliss My Texas Home Broker

$1,395,000

616 Horseshoe Bay North Boulevard, Horseshoe Bay

4 Beds 4.5 Baths 2,390 SqFt Residential MLS® # 179260

Johnie Borgeson Compass RE Texas, LLC

$1,375,000

↓ $75,000

211 Chandler Way, Kingsland

3 Beds 2.5 Baths 1,942 SqFt Residential MLS® # 177367

Greg Mcdonnell Lake LBJ Partners

$1,350,000

↓ $75,000

103 Island Dr, Horseshoe Bay

3 Beds 2.5 Baths 2,170 SqFt Residential MLS® # 177619

Shane Lloyd Investex Real Estate LLC

New

$1,345,000

503 Shorewood Cir., Granite Shoals

3 Beds 3.5 Baths 2,103 SqFt Residential MLS® # 179546

Shirl Thornton RE/MAX HORSESHOE BAY RESORT SA

1104 Hill Circle West Drive, Granite Shoals

$1,300,000

↓ $25,000

1104 Hill Circle West Drive, Granite Shoals

3 Beds 3.5 Baths 2,540 SqFt Residential MLS® # 176262

Carlie Bond Carlene Bond, Broker

$1,300,000

↓ $200,000

101 Third Sid, Horseshoe Bay

4 Beds 3.5 Baths 2,442 SqFt Residential MLS® # 178695

Heather Bangs eXp Realty, LLC

$1,300,000

↓ $100,000

102 Cypress Shore Lane, Kingsland

4 Beds 4 Baths 3,038 SqFt Residential MLS® # 177185

Forrest Hess Kuper Sotheby's Int'l Realty

$1,299,000

116 Shady Circle Drive, Sunrise Beach

3 Beds 2 Baths 2,102 SqFt Residential MLS® # 178350

Charles Trammell Trammell & Associates LLC

$1,299,000

↓ $101,000

604 Port, Horseshoe Bay

4 Beds 3 Baths 2,000 SqFt Residential MLS® # 177450

Trey Berry Coleman Team Realty, LLC

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Aerial view of Horseshoe Bay, Texas lighthouse.

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