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, $600,000

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$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

$700,000

↓ $199,000

101 West Bank #64, Horseshoe Bay

3 Beds 2 Baths 1,457 SqFt Residential MLS® # 178675

David Poelzl Horseshoe Bay Resort Realty

$699,000

426 Circle Drive, Sunrise Beach

2 Beds 2 Baths 1,456 SqFt Residential MLS® # 178020

Dana Causey Sweets Real Estate

$699,000

↓ $51,000

401 Lake Point Drive, Horseshoe Bay

3 Beds 2 Baths 1,652 SqFt Residential MLS® # 177868

Johnie Borgeson Compass RE Texas, LLC

$699,000

↓ $26,000

1318 Contour, Burnet

2 Beds 2 Baths 1,360 SqFt Residential MLS® # 176998

Greg Mcdonnell Lake LBJ Partners

$698,500

112 E Heron Drive, Highland Haven

3 Beds 2 Baths 2,208 SqFt Residential MLS® # 178114

Wes Campbell Wes Campbell

$695,000

1113 County Rd. 132b Road, Kingsland

2 Beds 2.5 Baths 1,156 SqFt Residential MLS® # 178436

Ray Mungia Mungia Real Estate

$695,000

↓ $54,000

506 Ranch Road 2233, Sunrise Beach

3 Beds 2 Baths 1,512 SqFt Residential MLS® # 176964

Billy Stephens Keller Williams Heritage

$690,000

101 West Bank #25, Horseshoe Bay

3 Beds 2 Baths 1,637 SqFt Residential MLS® # 177947

Patti Cohen Horseshoe Bay Resort Realty

$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

$680,000

325 County Road 136c, Kingsland

4 Beds 3 Baths 2,128 SqFt Residential MLS® # 177802

Craig Orton My Texas Home Broker

$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

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Aerial view of Horseshoe Bay, Texas lighthouse.

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