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, $500,000

Search Lake LBJ Homes, Condos, & Townhomes for Sale, $500,000 - $600,000

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$600,000

308 County Road 136b, Kingsland

2 Beds 1 Bath 528 SqFt Residential MLS® # 179272

Bailey Pippenger Heinatz Lake Life Team-eXp Realty

$599,000

873 Sandy Mountain Drive, Sunrise Beach

2 Beds 2 Baths 1,464 SqFt Residential MLS® # 179051

Charles Trammell Trammell & Associates LLC

$595,000

↓ $55,000

114 Shady Circle Dr, Sunrise Beach

3 Beds 2 Baths 1,026 SqFt Residential MLS® # 176564

Christine Thornton M&M PROPERTIES REALTY, LLC

$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

503 North Beach, Sunrise Beach

3 Beds 2 Baths 1,400 SqFt Residential MLS® # 179166

Patricia Gillean Horseshoe Bay ONE 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

$549,000

↓ $26,000

1117 County Road 132b, Kingsland

2 Beds 2 Baths 1,344 SqFt Residential MLS® # 175647

Nicole Scott Horseshoe Bay Resort Realty

$524,999

↓ $5,000

142 Lakeshore Dr, Horseshoe Bay

2 Beds 2 Baths 1,316 SqFt Residential MLS® # 179022

Rose Brasuel Coleman Team Realty, LLC

$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

Aerial view of Horseshoe Bay, Texas lighthouse.

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