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

Search Lake LBJ Homes, Condos, & Townhomes for Sale, Over $1,000,000

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$2,750,000

↓ $249,990

1104 Impala Drive, Granite Shoals

5 Beds 5.5 Baths 3,561 SqFt Residential MLS® # 178906

Betty Epperson Epperson Realty Group LLC

$2,750,000

↓ $25,000

5100 W Fm 2147, Horseshoe Bay

3 Beds 3 Baths 3,241 SqFt Residential MLS® # 177984

Grady Burris Mungia Real Estate

$2,700,000

2814 Lake View Lake View Drive, Granite Shoals

4 Beds 3 Baths 2,640 SqFt Residential MLS® # 179387

Greg Mcdonnell Lake LBJ Partners

$2,699,000

↓ $76,000

113 Wennmohs Place, Horseshoe Bay

4 Beds 4 Baths 3,218 SqFt Residential MLS® # 179248

Chad Thibodeaux RE/MAX HORSESHOE BAY RESORT SA

$2,699,000

2526 River Oaks Drive, Kingsland

5 Beds 4.5 Baths 4,150 SqFt Residential MLS® # 179231

Greg Mcdonnell Lake LBJ Partners

$2,695,000

221 Dominion, Horseshoe Bay

4 Beds 4.5 Baths 3,675 SqFt Residential MLS® # 171805

Patricia Gillean Horseshoe Bay ONE Realty

New

$2,677,000

241 Lazy Oaks Lane, Kingsland

7 Beds 7.5 Baths 5,135 SqFt Residential MLS® # 179601

Kale Stephens Horseshoe Bay Living 2, LLC

$2,595,000

↓ $200,000

101 Cross Bow, Horseshoe Bay

4 Beds 5 Baths 5,911 SqFt Residential MLS® # 176644

Macon Dunham Macon Dunham Real Estate

$2,575,000

↓ $50,000

131 Primera Court, Kingsland

4 Beds 5 Baths 3,554 SqFt Residential MLS® # 175442

Wes Campbell Wes Campbell

$2,550,000

↓ $100,000

14 Beaver Island, Granite Shoals

5 Beds 4 Baths 3,506 SqFt Residential MLS® # 175421

Tammie Bennett Kuper Sotheby's Int'l Realty

$2,495,000

121 Christopher Ln, Kingsland

5 Beds 4 Baths 2,892 SqFt Residential MLS® # 179526

Steve Damman Team Price Real Estate

$2,495,000

↓ $200,000

402 South Shorewood, Granite Shoals

4 Beds 4.5 Baths 4,344 SqFt Residential MLS® # 178014

Tammie Bennett Kuper Sotheby's Int'l Realty

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Aerial view of Horseshoe Bay, Texas lighthouse.

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