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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$6,495,000

120 Applehead Island Dr., Horseshoe Bay

5 Beds 6 Baths 6,334 SqFt Residential MLS® # 179556

Shirl Thornton RE/MAX HORSESHOE BAY RESORT SA

$5,995,000

252 La Serena Loop, Horseshoe Bay

5 Beds 6 Baths 8,034 SqFt Residential MLS® # 177808

Shirl Thornton RE/MAX HORSESHOE BAY RESORT SA

101 Harbor Light Boulevard, Horseshoe Bay

$5,950,000

↓ $545,000

101 Harbor Light Boulevard, Horseshoe Bay

5 Beds 5.5 Baths 5,142 SqFt Residential MLS® # 178958

Natalie Russell Live Texan Realty

$5,850,000

↓ $1,050,000

113 Estate Drive, Horseshoe Bay

6 Beds 6 Baths 5,850 SqFt Residential MLS® # 178309

Teri Vestal Pine & Beckett, Realtors

$5,750,000

115 Nimrod, Horseshoe Bay

4 Beds 5 Baths 5,406 SqFt Residential MLS® # 177840

Binkan Cinaroglu Kuper Sotheby's Int'l Realty

$5,295,000

↓ $200,000

84 Applehead Island Dr., Horseshoe Bay

8 Beds 8.5 Baths 7,635 SqFt Residential MLS® # 178188

Shirl Thornton RE/MAX HORSESHOE BAY RESORT SA

$5,295,000

↓ $205,000

240 La Serena Loop, Horseshoe Bay

5 Beds 5.5 Baths 5,375 SqFt Residential MLS® # 176584

Tammie Bennett Kuper Sotheby's Int'l Realty

$5,150,000

↓ $495,000

402 Lighthouse Drive, Horseshoe Bay

4 Beds 5 Baths 6,737 SqFt Residential MLS® # 177059

Kody Hall Moreland Properties

$4,875,000

↓ $575,000

101 Matern Court, Horseshoe Bay

7 Beds 7 Baths 5,656 SqFt Residential MLS® # 178273

Tammie Bennett Kuper Sotheby's Int'l Realty

$4,475,000

↓ $500,000

156 Skyline Dr, Sunrise Beach

4 Beds 4.5 Baths 4,498 SqFt Residential MLS® # 174677

Binkan Cinaroglu Kuper Sotheby's Int'l Realty

$4,299,000

↓ $76,000

121 Houdini, Kingsland

6 Beds 5.5 Baths 4,814 SqFt Residential MLS® # 176806

Billy Stephens Keller Williams Heritage

$4,250,000

↓ $250,000

139 Wilderness Drive, Marble Falls

4 Beds 4.5 Baths 5,504 SqFt Residential MLS® # 177753

Tammie Bennett Kuper Sotheby's Int'l Realty

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Aerial view of Horseshoe Bay, Texas lighthouse.

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