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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$2,025,000

1509 Cr 118b, Burnet

4 Beds 3.5 Baths 2,754 SqFt Residential MLS® # 178517

Kendahl Hoffman eXp Realty, LLC

$2,000,000

1103 The Cape, Horseshoe Bay

4 Beds 4.5 Baths 3,737 SqFt Residential MLS® # 178187

Kale Stephens Horseshoe Bay Living 2, LLC

$1,999,000

112 Clearwater Drive, Kingsland

4 Beds 3 Baths 3,010 SqFt Residential MLS® # 179345

Shelli Beck Compass RE Texas, LLC

$1,995,000

↓ $200,000

1107 The Cape #12, Horseshoe Bay

4 Beds 4 Baths 3,037 SqFt Residential MLS® # 178534

Jarrett Bates KW-River Hills Property Group

$1,995,000

507 Sandy Mountain Dr., Sunrise Beach

3 Beds 3.5 Baths 3,617 SqFt Residential MLS® # 178066

Shirl Thornton RE/MAX HORSESHOE BAY RESORT SA

$1,950,000

701-a Hi Circle North Drive, Horseshoe Bay

4 Beds 4.5 Baths 3,045 SqFt Residential MLS® # 178228

Cathy Ryden Horseshoe Bay ONE Realty

$1,899,000

819 Broken Arrow, Horseshoe Bay

4 Beds 4.5 Baths 3,521 SqFt Residential MLS® # 177101

Edward Burget Horseshoe Bay ONE Realty

$1,895,000

1402 County Road 135, Burnet

3 Beds 3.5 Baths 2,178 SqFt Residential MLS® # 177711

Brigitte Nolen Horseshoe Bay ONE Realty

$1,875,000

↓ $100,000

124 Riverbend Lane, Kingsland

4 Beds 4 Baths 2,492 SqFt Residential MLS® # 178158

Bailey Pippenger Heinatz Lake Life Team-eXp Realty

$1,795,000

↓ $54,000

528-6 Lighthouse Drive, Horseshoe Bay

3 Beds 3 Baths 2,377 SqFt Residential MLS® # 171157

Macon Dunham Macon Dunham Real Estate

$1,750,000

↓ $225,000

1912 Bluebonnet Lane, Kingsland

4 Beds 5 Baths 3,849 SqFt Residential MLS® # 175964

Kyle Futrell Legacy Broker Group

$1,749,000

525 Ellen Williams Loop, Kingsland

7 Beds 4 Baths 3,512 SqFt Residential MLS® # 177583

Jen Sparks Kifer Sparks Agency

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Aerial view of Horseshoe Bay, Texas lighthouse.

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