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, $700,000

Search Lake LBJ Homes, Condos, & Townhomes for Sale, $700,000 - $800,000

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$725,000

↓ $50,000

402 Lost Echo #4, Horseshoe Bay

3 Beds 3.5 Baths 2,146 SqFt Residential MLS® # 176839

Chad Thibodeaux RE/MAX HORSESHOE BAY RESORT SA

$799,879

↓ $74,121

98 Island Drive #12, Horseshoe Bay

2 Beds 2 Baths 1,282 SqFt Residential MLS® # 172215

Casey Wise Horseshoe Bay Resort Realty

$799,000

333 Sandy Mountain Drive, Sunrise Beach

3 Beds 2 Baths 1,806 SqFt Residential MLS® # 178536

Charles Trammell Trammell & Associates LLC

$799,000

↓ $26,000

619 Clear Cove Drive, Granite Shoals

4 Beds 2 Baths 1,950 SqFt Residential MLS® # 177204

Brooke Lemond Keller Williams Heritage

$799,000

1130 Long Mountain Drive, Burnet

2 Beds 2 Baths 1,614 SqFt Residential MLS® # 176597

Dave Hudson Lake LBJ Partners

New

$798,000

1000 The Cape #54, Horseshoe Bay

3 Beds 2 Baths 1,602 SqFt Residential MLS® # 178684

Gay Lynn Wheeler Horseshoe Bay Resort Realty

$795,000

806 Clen Oaks Pkwy, Burnet

1 Bed 1 Bath 700 SqFt Residential MLS® # 178333

Morgan Rivers Phyllis Browning Company

$795,000

↓ $55,000

1320 Contour Drive, Burnet

2 Beds 2 Baths 1,316 SqFt Residential MLS® # 177565

Casey Tibbs Tibbs Realty Group LLC

$795,000

607 Thurman Circle, Kingsland

2 Beds 2 Baths 1,400 SqFt Residential MLS® # 177320

Greg Mcdonnell Lake LBJ Partners

$765,000

↓ $25,000

812 County Road 126, Kingsland

1 Bed 1 Bath 720 SqFt Residential MLS® # 177243

Will Gilliam Lake Life Team-eXp Realty

$750,000

101 West Bank #44, Horseshoe Bay

3 Beds 2 Baths 1,344 SqFt Residential MLS® # 175597

Binkan Cinaroglu Kuper Sotheby's Int'l Realty

$750,000

101 West Bank #43, Horseshoe Bay

3 Beds 2 Baths 1,344 SqFt Residential MLS® # 175596

Binkan Cinaroglu Kuper Sotheby's Int'l Realty

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Aerial view of Horseshoe Bay, Texas lighthouse.

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