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, Over $1,000,000

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$2,695,000

114 Captains Cove, Horseshoe Bay

4 Beds 5 Baths 3,408 SqFt Residential MLS® # 178061

Chad Thibodeaux RE/MAX HORSESHOE BAY RESORT SA

Featured

$2,250,000

↓ $50,000

513 Oleander Dr, Granite Shoals

4 Beds 4.5 Baths 2,906 SqFt Residential MLS® # 176823

Chad Thibodeaux RE/MAX HORSESHOE BAY RESORT SA

$12,995,000

115 Estate Drive, Horseshoe Bay

9 Beds 10.5 Baths 9,374 SqFt Residential MLS® # 175593

Binkan Cinaroglu Kuper Sotheby's Int'l Realty

$9,995,000

82 Applehead Island Dr., Horseshoe Bay

6 Beds 7.5 Baths 10,521 SqFt Residential MLS® # 178870

Shirl Thornton RE/MAX HORSESHOE BAY RESORT SA

$9,500,000

↓ $500,000

112 Applehead Island, Horseshoe Bay

5 Beds 9 Baths 7,152 SqFt Residential MLS® # 174514

Kay Lowe Kay A. Lowe, Broker

$8,500,000

113 La Posada, Horseshoe Bay

6 Beds 8.5 Baths 8,735 SqFt Residential MLS® # 178927

Patrice Emrie Horizon Realty

$7,999,000

↓ $501,000

104 La Posada, Horseshoe Bay

6 Beds 7 Baths 7,798 SqFt Residential MLS® # 171209

Kirby Myers Myers Realty Company,LLC

$7,500,000

415 Lighthouse Drive, Horseshoe Bay

5 Beds 6.5 Baths 5,581 SqFt Residential MLS® # 178743

Edward Burget Horseshoe Bay ONE Realty

$6,900,000

113 Estate Drive, Horseshoe Bay

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

Teri Vestal Pine & Beckett, Realtors

$6,900,000

↓ $750,000

116 Wennmohs Place, Horseshoe Bay

7 Beds 8.5 Baths 8,936 SqFt Residential MLS® # 176708

Jeramy Mcmahon Horseshoe Bay Resort Realty

$6,500,000

136 S Shorewood Drive, Granite Shoals

7 Beds 6 Baths 8,561 SqFt Residential MLS® # 177441

Trey Wood Horseshoe Bay Resort Realty

New

$6,495,000

101 Harbor Light Boulevard, Horseshoe Bay

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

Natalie Russell Live Texan Realty

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Aerial view of Horseshoe Bay, Texas lighthouse.

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