Lake LBJ / Highland Lakes · Horseshoe Bay TX

Homes for Sale in Horseshoe Bay, TX

Texas Hill Country's premier lakefront resort community

WaterfrontLake LBJGolf CommunityResortSecond HomesLuxury

Search Horseshoe Bay Listings Neighborhood Guide

Horseshoe Bay Median

$850K+

$400K to $10M+

Home TypesLakefront estates, golf villas, Hill Country custom homes, condos, lock-and-leave second homes

SchoolsMarble Falls ISD (south side), Llano ISD (north side)

Commute50 min to Austin, 25 min to Marble Falls, 90 min to San Antonio

VibeResort luxury, lakefront living, golf community, retirees and second-home buyers

Active listings145

Key Takeaways · Horseshoe Bay

· Median price: $850K+; range $400K to $10M+.
· Home types: Lakefront estates, golf villas, Hill Country custom homes, condos, lock-and-leave second homes.
· Schools: Marble Falls ISD (south side), Llano ISD (north side).
· Commute: 50 min to Austin, 25 min to Marble Falls, 90 min to San Antonio.
· Walk Score: 22; vibe: Resort luxury, lakefront living, golf community, retirees and second-home buyers.
· 145 active MLS listings in Horseshoe Bay as of August 4, 2026.

Living in Horseshoe Bay

Horseshoe Bay is Texas Hill Country's most exclusive resort community - an hour west of Austin where Lake LBJ meets three Robert Trent Jones Sr. championship golf courses. Built around the Horseshoe Bay Resort, the city draws Austin tech executives buying second homes, retirees from across Texas, and weekend buyers from Houston and Dallas who fly in to the resort's private airpark.

Real estate here is dominated by Lake LBJ waterfront homes with private boat docks, golf villas overlooking Apple Rock, Slick Rock, and Ram Rock courses, and custom Hill Country estates with panoramic lake and granite-hill views. Median prices run high - entry waterfront starts around $1M and the highest-end estates routinely close at $3M to $10M+. Condo and patio-home buyers find solid options from $400K, often used as lock-and-leave second residences.

Unlike Austin's urban neighborhoods, Horseshoe Bay's appeal is recreational and lifestyle-driven: Yacht Club access, marina slips, resort dining, tennis, pickleball, and the Hill Country's most consistent boating water. Lake LBJ is a constant-level lake (controlled by upstream dams), which means dock access doesn't fluctuate seasonally the way it does on Lake Travis. Inventory is finite - only about 7,500 acres are inside city limits - and lakefront supply is structurally constrained, which keeps long-term values strong.

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  Lake LBJ Waterfront
  Constant-level lake means private docks work year-round, unlike Lake Travis which fluctuates 50+ feet seasonally. Premium frontage on the open lake commands the highest prices; protected coves offer dock access at lower price points.
  

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  Three RTJ Sr. Golf Courses
  Apple Rock, Slick Rock, and Ram Rock - all designed by Robert Trent Jones Sr. and considered among the best resort golf in Texas. Member-owned country club access typically conveys with property purchase, but always verify before close.
  

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  Resort Amenities
  Horseshoe Bay Resort access includes the Yacht Club, marinas, Cap Rock Spa, multiple restaurants, and a tennis center. Many full-time residents use it as their daily club rather than commuting to Austin for amenities.
  

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  Private Airpark + Helipad
  On-resort airpark with a 6,000-foot runway and helipad serves owners flying in from Houston, Dallas, and beyond. The fly-in convenience is a meaningful piece of why Horseshoe Bay attracts buyers from across the state.
  

Buying in Horseshoe Bay

Why Buy a Home in Horseshoe Bay?

Here's what makes Horseshoe Bay one of Texas Hill Country's most compelling places to buy right now - and what you need to know before making an offer.

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Constant-Level Lake

Unlike Lake Travis, which fluctuates 50+ feet seasonally, Lake LBJ stays at a stable level year-round (controlled by upstream dams). That means your boat dock works in August AND March - a major advantage that dock owners on other Highland Lakes don't enjoy. This is the single most important difference between Lake LBJ and the rest of Central Texas.

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Three Championship Golf Courses Lock In Property Value

Apple Rock, Slick Rock, and Ram Rock are nationally-ranked Robert Trent Jones Sr. designs. Golf-course-adjacent homes hold value better than off-course homes here, and the resort has limited buildable lots remaining - meaning supply is structurally constrained going forward.

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Lower Property Tax + No State Income Tax

Burnet and Llano county property tax rates run notably below Austin's. For a $2M home, that translates to roughly $8K to $12K per year in savings vs. an Austin equivalent. Combined with Texas's zero state income tax, Horseshoe Bay is one of the most tax-efficient luxury markets in the country.

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Horseshoe Bay Real Estate

Common Questions

What is the average home price in Horseshoe Bay TX?

Median home prices in Horseshoe Bay run roughly $850K to $1.2M, with entry condos and patio homes starting around $400K. Lakefront homes typically begin at $1M, and the highest-end estates reach $10M+. The market is heavily luxury-skewed compared to most Austin-area neighborhoods.

How far is Horseshoe Bay from Austin?

Horseshoe Bay is about 50 miles northwest of Austin - roughly a 50-minute drive via Highway 71 through Bee Cave and Marble Falls. Many owners are Austin-based with primary residences in Austin and weekend homes in Horseshoe Bay.

Is Horseshoe Bay a good real estate investment?

Lakefront and golf-course-adjacent properties have appreciated steadily for two decades and tend to hold value because supply is structurally limited - Lake LBJ has finite frontage, and city limits cap new development. Short-term rental potential is strong; many owners offset carrying costs through resort-area vacation rental income.

What schools serve Horseshoe Bay?

Horseshoe Bay is split between Marble Falls ISD (south side) and Llano ISD (north side). Most full-time families live on the Marble Falls ISD side, which has higher enrollment and more program depth. Both districts are well-rated for the rural Hill Country region.

Do Horseshoe Bay homes come with a country club membership?

Many - but not all - homes convey with Horseshoe Bay Resort & Country Club membership, which gives access to the three golf courses, Yacht Club, marinas, dining, and amenities. Always confirm membership status and any transfer fees during the offer process; this can swing total cost meaningfully.

What is the property tax rate in Horseshoe Bay?

Property tax rates in Horseshoe Bay are notably lower than in Austin proper - typically 1.6 to 1.9 percent vs. Austin's 2.0 to 2.4 percent - because there is no MUD or PID overlay in most areas, and Texas has no state income tax. For high-value homes, this is a meaningful long-term savings vs. an equivalent Austin property.

Interested in Horseshoe Bay?

I know Horseshoe Bay well - the best streets, which blocks to avoid, what homes are worth, and what's coming to market before it hits Zillow.

Whether you're six months out or ready to make an offer this week, a 30-minute call can save you time and money.

Luke Allen · TREC #788149 · (254) 718-2567

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Homes for Sale in Horseshoe Bay, TX