Set an hour away from Austin in Texas Hill Country, Lake LBJ is a beautiful community with breathtaking views, lovely homes, small-town neighborhoods, and access to modern amenities. The area’s lake was renamed in 1965 in honor of US President and former resident Lyndon Baines Johnson. Homes there today are the epitome of lakefront luxury living. There is also a widely varied inventory that ensures every buyer will find something to meet their needs. If you are considering buying a home in Lake LBJ, here is what you need to know about purchasing real estate in this paradise.
The Lake LBJ Real Estate Market
Lake LBJ is a popular residential destination partly because of its wide inventory. On average, homes for sale in Lake LBJ at any given point include everything from charming cottages to luxurious estates. Homebuyers can buy waterfront homes, hillside homes, golf course homes, or gated properties.
Waterfront homes are the most luxurious property type in Lake LBJ and conspire homes set directly on the lake. These homes provide excellent views of and access to the water. Hillside homes, in contrast, are set on the hills surrounding the water and offer panoramic views of the ocean and countryside.
Golf course homes are what the name suggests. These properties are located within golfing communities around the lake and offer access to fairways and excellent views of the courses. Gated homes are estates located within gated communities for maximum security and privacy.
Homes in Lake LBJ are in constant high demand due to the influx of people moving to big nearby cities like Houston, Austin, Dallas, and San Antonio. Most homeowners in the area are second-home buyers and have helped maintain the high property values in Lake LBJ.
Luxury Real Estate in Lake LBJ
Luxury is the primary selling point for people moving to Lake LBJ. The lake’s large size and constant water levels make it the perfect location for a waterfront home. Moreover, the lake boasts a wide range of recreational opportunities and breathtaking settings. This explains why waterfront homes are the best-selling properties in the area.
The value of these homes often varies depending on the size of the property, its location, and the level of access to the water it provides. True luxury waterfront homes go for $1 million or more; open waterfront properties start at $500,000, cove waterfront homes at $400,000, and channel waterfront at around $300,000. These prices then vary depending on the neighborhood.
Lake LBJ Home Prices
Away from waterfront properties, home values in Lake LBJ also vary depending on location. The age of the home and the type of property may also play a role. On average, prices range from $250,000 for the cheapest property to $5 million and over for the most luxurious estates. Gated communities are the midpoint, with prices ranging from $400,000 to over $3 million.
Explore Lake LBJ Real Estate Today
Purchasing Lake LBJ real estate puts you in close proximity to scenic views, stunning natural landscapes, high-end shopping and dining establishments, and various outdoor adventures. It also gets you a home in Texas Hill Country paradise. If you are ready to move to Lake LBJ, the experts at Land Masters can help you sort through listings, find your dream home, and negotiate the best buyer’s deal. Call the Texas office today to discuss your home needs and budget.
