Buying a Home in Texas: A Handy Homebuyer’s Guide to the Lake LBJ Real Estate Market
Lake LBJ was renamed in 1965 for US President Lyndon Baines Johnson, who owned a home on the lake. The lake, which is the town’s main attraction, is famous for its constant water levels, pristine waters, and large size. It draws hundreds of homebuyers to the area, all looking to own a piece of real estate in this beautiful natural gem. If you are considering buying a home in Lake LBJ, this homebuyer’s guide will introduce you to the Hill County market and what it has to offer.
Location and Natural Surroundings
Lake LBJ is located in the stunning landscapes of Texas Hill Country. Spanning over 6,000 acres and 20 miles of shoreline, it is part of the Highland Lakes Chain that includes Travis and Marble Falls. Residents thus enjoy a wide range of outdoor activities, ranging from water sports to hiking, biking, and camping. You can also swim and fish amidst some of the most breathtaking scenes in Texas.
Market Conditions
The beauty of Lake LBJ is a key factor to why homebuyers are continually attracted to this residential haven. Lake LBJ is also laidback, rural-like, and exclusive, yet only 45 to 60 minutes away from major urban centres like Austin, Houston, Dallas, and San Antonio. These and other factors increase the desirability of homes for sale in Lake LBJ, which enjoy a high demand year-round. The median home sale price is well above the national average and is expected to keep rising.
Home Prices in Lake LBJ
Home prices in Lake LBJ vary depending on the type and size of the property, location, and amenities. For waterfront homes, which are the most popular home type in town, the value ranges from $300,000 to $1 million, depending on the kind of water access. Channel waterfronts are on the lower side at a median price of $300,0000, with cove waterfronts at $400,000, open waterfronts at $500,000, and true luxury waterfront estates at $1 million and more.
Waterfront properties aside, you also have the option of golf course homes, gated communities, single-family properties, and more. Here, the prices also vary, often depending on factors like age, size, and location. The most affluent golf communities can cost up to $5 million, with cheaper alternatives for as low as $250,000. Homes in gated communities range from $400,000 to $3 million.
Amenities
Another allure of homes in Lake LBJ is that they are conveniently located close to many modern amenities. Residents enjoy a healthy mix of restaurants, cafes, coffee shops, and local markets through which they can explore the tastes of the town. Lake LBJ also hosts several facilities for boating and water sports like waterboarding and jet skiing. Golf lovers will enjoy the several world-class courses located around the lake, including the Escondido Golf and Lake Club and Horseshoe Bay Resort. For shopping, the Highland Lakes Marketplace and Hill Country Galleria are excellent options.
Explore the Lake LBJ Market with Land Masters Real Estate
Situated at the heart of Texas Hill County, Lake LBJ is a waterfront marvel and unique market with a lot to offer. The town is serene, secluded, and stunning and only an hour away from Austin. If you are ready to enjoy the breathtaking beauty, access to modern conveniences, and small-town feel, contact Lake LBJ real estate experts Land Masters Real Estate to discuss your needs with an agent today.
