The Lake LBJ Real Estate blog
LCRA Reopens Lake LBJ
According to the Lower Colorado River Authority (LCRA), Lake LBJ will be reopening for recreational boating tomorrow June 10th at 12 noon. Â More information about the Highland Lakes and lake conditions can be found at floodstatus.lcra.org.
If you are out and about by water this weekend be on the look out for floating debris. Â A big log can surely ding up your prop!
If you or someone you know needs assistance with your Lake LBJ Real Estate search, contact me at (512) 786-1515
LBJ Real Estate is Heating Up
The Lake LBJ Real Estate marketing seems to be heating up. Â In fact, right now there are 6 properties over $1.5m that are pending or pending taking back ups on Lake LBJ. Â The highest of those was listed at $4,250,000 and is located in Horseshoe Bay with another at $2,650,000 and another at $2,350,000, both located in Applehead Island.
With oil prices recovering back above $50/barrel it seems as though the money is starting to flow back to Lake LBJ. Â In fact, there was a recent wall street journal article that talked about the soaring demand for Texas Hill Country real estate as affluent buyers look at the area for retirement. Â The stock market also seems to be recovering nicely and the Fed recently announced that American’s wealth recently reached a record high.
As you look closely at the Lake LBJ Real Estate market you will see that the exponential growth in Texas’ population over the last few years has disproportionately increased the demand for ideal vacation spots and second home communities in the Lone Star state. Â Lake LBJ is perfectly positioned geographically to tap into the boom happening in the surrounding major cities (Austin, San Antonio, Houston, Dallas, Midland, Odessa). Â I estimate there to be approximately 2500 lots and single family homes on good water (cove or open water, no channel) on Lake LBJ. Â When you compare this with Texas’ total population of over 27 million you quickly realize just how scarce Lake LBJ real estate is.
If you or someone you know has ever considered purchasing a waterfront home on Lake LBJ I strongly encourage you to start your search now and make an investment soon. Â Prices will continue to rise and the waterfront homes on Lake LBJ will be harder and harder to get your hands on. Â Be forward thinking in your approach, which may mean buying a lot or tear down now and waiting for your financial position to improve down the road. When the time is right you can build your dream home. Â If not, I believe Lake LBJ will become untouchable to everyone except the super wealthy.
Call me today at (512) 786-1515 for more information on Lake LBJ Real Estate and to begin your search today!
Why not create it?
Finding the perfect home on Lake LBJ, with great water given a budget constraint can be very difficult. Â As the market in central Texas continues to heat up and the demand for waterfront homes on Lake LBJ soars, finding the right property can be a challenge. In fact, it can be so challenging that I often times recommend that my buyers remodel or even build new from scratch.
Waterfront lots and even major remodel projects tend to trade at a discount as most buyers are impulsive and do not want to wait to start enjoying their Lake LBJ Real Estate. Â However, a little delayed gratification can go a long way when it comes to Lake LBJ Real estate. Â For those willing to go through the hassle and headaches associated with a major remodel or new build that payoff is big.
Take for example my newest listing in Blue Lake Estates, Lake LBJ’s most desired area and the closest part of Lake LBJ to Austin and San Antonio. Â 2904 pack Saddle offer 83 ft of water and approx. 3000 sq ft of rock solid bones to remodel or tear down in order to get that dream home on Lake LBJ. Â The project looks rough as you walk in and many buyers are instantly deflated as the amount of work needed to spiff this property up is a lot. Â However, the payoff would be huge and for someone wanting to get inside Blue Lake Estates for under $1.5m, this may be the only option.
Of course I understand the benefits of a move-in ready, turn-key property but as an active investor in real estate I prefer to add value and “do the deal” as opposed to paying top dollar to someone else that already completed it. I also understand that a turn-key, move in ready property in Blue Lake would be very expensive. Â There are some great builders/contractors in the area that can take most of the risk and stress out of these major projects and more importantly that will do a great job creating your getaway.
Are you willing to take your time to get exactly what you want on Lake LBJ? Â I challenge you to consider this alternate route and I am confident you will be pleased with the outcome. Â If you or someone you know is considering building or remodeling Lake LBJ Real Estate, contact me at (512) 786-1515
800 Waterfront Feet on Lake LBJ. Imagine that!
If you are looking to invest in a blue chip waterfront property on Lake LBJ hear me out on this one. Â Properties with this much waterfront are few and far between. Â In fact, there are maybe 5 on the entire lake. Â When you think about the true scarcity of special properties like 808 Misty Downs it only makes sense to see this as a strong investment opportunity.
808/810 Misty Downs is a 2 tract offering on Lake LBJ with a total combined waterfront footage of approx. 800 ft:
Tract 1: 808 Misty Downs – With approx 350 ft of waterfront on Lake LBJ, this one-of-a-kind lake cabin is something straight out of magazine. Â This single story home is a 3 bed, 2.5 bath plus additional living/study with just under 2800 sq ft of heated and cooled space overlooking a park-like setting. Designed by a well known landscape architect, the landscape was strategically designed to draw your eye to the unspeakable views of historic Pack Saddle mountain. Â You must see estimated to be 85 year old cypress trees in person to really understand their age and size. Â Those very same trees provide a perfect blanket of shade protecting the property from the afternoon sun and perfectly framing the most magical sunsets I have ever seen. Â Believe me when I say there is nothing else like it on Lake LBJ.
Tract 2: Â 810 Misty Downs – Adjacent to tract 1, is the last house on the street and the tip of the peninsula on Misty Downs. Â With approx 450 ft of waterfront on Lake LBJ and a 2 bed, 2.5 guest cabin, this unique waterfront tract is the perfect compliment to Tract 1 above. Â Although I believe the highest and best use is to keep these properties together, this special tract offers great flexibility in that it could easily be sold off for top dollar should the owner decide to do so. Â I would love to see the buyer complete the landscape and continue the crushed granite paths on tract 2 as the perfect compliment to tract 1.
In order to further understand the value of this unique opportunity we must talk about the trees. Â This property has some of the best trees that can be found anywhere on Lake LBJ. Â In fact it is estimated that these towering cypress trees are 85 to 90 years old. Â More importantly they were perfectly positioned on the property to protect and shade the property from the afternoon sun while perfectly framing the surreal views of Pack Saddle mountain. Â I used to believe that east facing properties were the most valuable but after listing 808 Misty Downs I have come to realize that the best properties actually face west but have ample tree coverage for shade while still allowing for magical sunsets.
Perfectly placed on tract 1 is a single story home, handicap accessible with approx 2800 sq ft, made up of 3 beds, 2.5 baths + bonus room (study, secondary living room, etc.). Â The current owners built this home in 1994 paid so much attention to detail in creating this one-of-a-kind lakefront setting. Â Soaring ceilings, beautiful wide-plank hardwoods, and a gourmet kitchen to die for are just a few examples of what set this property apart from others on Lake LBJ. Â The size of this home is perfect!
On tract 2 is a well built 2 bed, 2.5 bath cabin, completely lined with redwood on the interior and offering huge views of Lake LBJ and the Texas Hill Country. Â This quaint cabin would make a great place to house family and friends or could also be used as a rental property for additional income. Â The cabin was constructed in 1985 and has been upgraded with new carpet and windows.
This property really is unlike anything you will find on Lake LBJ or anywhere in Texas. Â As Texas continues to boom and thrive the demand for choice waterfront properties on Lake LBJ will increase. If you or someone you know is looking for something that is truly special and unique, 808 Misty Downs is one you must see. Â We posted a short HD VIDEO below highlighting the property:
Contact me today at (512) 786-1515 to schedule a private tour of 808 Misty Downs or for assistance with your Lake LBJ Real Estate Search.
The Highland Lakes System in Action
This is how it is supposed to work. The lower Colorado River basin has a history of major flooding.  The Lower Colorado River Authority (LCRA) built the dams to manage floods and generate hydroelectric power in the 1930s and 1940s.  Check out this excellent drone video that was shared showing the water flowing down stream out of Lake Buchanan.  Lake Buchanan is a fluctuating basin upstream from Lake LBJ that collects and releases water as needed downstream.  Lake LBJ is considered a pass-through lake and is home to one of the LCRA’s major power plants and the water from the lake is used to keep it cool.
If you or someone you know is interested in more information about Highland Lakes Real Estate contact me at (512) 786-1515
Flushed Out Post Rain
As I was out checking on my listings after the big rain I snapped a few photos of some of the debris and trash that gets flushed through the lake after a big rain. Â You can see from the photo that this mass of debris sticks together and moves down stream towards the dam where it will eventually be cleaned up out of the lake. Â In my opinion this is actually good for Lake LBJ as it really is natures way of flushing out the water. Â That being said, its important to be very careful over the coming weeks when taking the boat out because there are still large sticks and branches floating around that will ruin your prop. Â Its also important to be aware that bacteria levels in the water can be higher during times like these because of all the water coming from upstream. Â Use caution when swimming or skiing and make sure to read up on local lake closures and updates which can be found on the LCRA’s website. Â For more information on Lake LBJ Real Estate contact me at (512) 786-1515
LBJ’s Number One
For those of you interested in the best of the best on Lake LBJ, it is now officially available for sale! 3912 Pack Saddle is our newest listing, located out on a large point in Blue Lake Estates with approx. 400 ft of breathtaking LBJ waterfront.  This 6 bedroom, 5330 sq ft home was constructed in 2007 and is unlike any other waterfront property you will find.  Glass, views, trees….you name it, this one has it all.  Here are a few photos of the property but to get the full experience you will have to see this one in person!
For more information on Blue Lake Real Estate or to schedule a private tour of this one-of-a-kind estate, contact me at (512) 786-1515.
Magnificent Waterfront Retreat (Video)
If you are looking for a BLUE CHIP waterfront property on Lake LBJ, look no further. Â 808 Misty Downs represents the true essence of waterfront living on Lake LBJ. Â There really is nothing else like it. Â Check out the short video below and get a glimpse of what makes this waterfront retreat so special.
To schedule a private tour of this wonderful property or for more information on Lake LBJ Real estate, contact me today at (512) 786-1515
The Perfect Sunset
Finding the perfect sunset on Lake LBJ is not easy. Â In fact, most properties that have western exposure are not desirable because the afternoon sun is way too hot. Â 808 Misty Downs in an anomaly due the perfect positioned, towering cypress trees that are estimated to be approx 85 years old.
These two trees provide perfect shade for this lakeside property and house while perfectly framing the amazing views of Pack Saddle mountain. Â In my opinion, this is the #1 place to watch a sunset on Lake LBJ and a priceless piece of Lake LBJ Real Estate. Â You be the judge.
If you or someone you know is interested in purchasing the perfect sunset spot on Lake LBJ, contact me today at (512) 786-1515. Â Price available upon request. Â Click this link for more pics and photos:
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