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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$1,249,000

↓ $50,000

1524 Williams Lakeshore, Kingsland

3 Beds 2 Baths 1,875 SqFt Residential MLS® # 178234

Matthew Trammell Trammell & Associates LLC

$1,198,000

↓ $50,000

5900 W Fm 2147 #106, Horseshoe Bay

4 Beds 3.5 Baths 2,569 SqFt Residential MLS® # 176733

Brenda Burdick Horseshoe Bay ONE Realty

$1,175,000

↓ $20,000

104 Island Dr, Horseshoe Bay

3 Beds 4 Baths 1,796 SqFt Residential MLS® # 178848

Adrianne Frost Phyllis Browning Company

$1,175,000

415 Horseshoe Bay North Boulevard, Horseshoe Bay

4 Beds 3.5 Baths 2,375 SqFt Residential MLS® # 179382

Kale Stephens Horseshoe Bay Living 2, LLC

$1,175,000

↓ $24,000

1101 The Cape #8, Horseshoe Bay

3 Beds 2.5 Baths 1,961 SqFt Residential MLS® # 179280

Trey Franklin Horseshoe Bay Resort Realty

$1,150,000

↓ $49,999

104 Bluebird Lane, Highland Haven

3 Beds 2 Baths 2,162 SqFt Residential MLS® # 177513

Donna Green D Green & Associates

$1,150,000

108 Island Circle, Kingsland

3 Beds 4 Baths 2,104 SqFt Residential MLS® # 179426

Trey Berry Coleman Team Realty, LLC

$1,150,000

↓ $25,000

2026 William Lakeshore, Kingsland

3 Beds 2 Baths 1,368 SqFt Residential MLS® # 178999

Peggy Sweet Sweets Real Estate

$1,150,000

↓ $30,000

1633 Aztec Trail, Kingsland

3 Beds 2 Baths 2,320 SqFt Residential MLS® # 176180

Trey Berry Coleman Team Realty, LLC

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$1,150,000

203 Waterview, Kingsland

3 Beds 3 Baths 3,747 SqFt Residential MLS® # 179530

Julie Hardesty The Mannings Realty Group- eXp

$1,149,900

↓ $25,000

1506 Hill Top Dr, Granite Shoals

3 Beds 3 Baths 2,004 SqFt Residential MLS® # 176795

Aaron Jistel ListingSpark

$1,100,000

↓ $399,000

303 Granite Shoals Lane, Sunrise Beach

3 Beds 3 Baths 2,652 SqFt Residential MLS® # 175292

Trenton Despain Offutt Realty Services, LLC

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Aerial view of Horseshoe Bay, Texas lighthouse.

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