The Lake LBJ Real Estate blog
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:
Not yet listed! Remodel PROJECT in Blue Lake Estates
Anyone experienced in Lake LBJ Real Estate knows that property in Blue Lake Estates is hard to come by. Â When you do find it, its often times pretty pricey. Â My newest listing is very much a project but with a price tag of 750k, the sellers are leaving meat on the bone for the right buyer.
With approx. 3000 sq ft and 83 ft of gorgeous piece of Lake LBJ Real Estate, this home is oozing with potential. Â Call me today at (512) 786-1515 for more information, to schedule a showing or to see other Blue Lake Homes for Sale.
2 Waterfront Lots for the Price of 1 (Lake Marble Falls)
This is hands down the best waterfront deal in the Highland Lakes! 2 waterfront lots, each with 46.5 waterfront ft, side by side being sold together as a package deal for $300,000. This lots are located on the main body of Lake Marble Falls on the way to Horseshoe Bay about 1/4 mile away from Starbucks. Waterside is a small development with 14 total lots. Of the 14, 3 have been built on. The neighborhood restrictions require a minimum of 2000 sq ft and because of the flood plain the houses will need to be built up out with the first floor being open air.
I have met with a builder that has given me an estimation of $175-$200/ft to build on these lots based on neighborhood requirements and there may be some wiggle room if both are built at the same. If I was doing this project, I would build 2000-2500 sq ft on each lot with a small pool and boat house and I would target a sales price of 800-900k depending on finishes.
THESE LOTS WILL NOT LAST LONG! Come take a look and you will see what an opportunity this really is! Contact me today at (512) 786-1515 for more information.
4 Waterfront Listings You Need to Know About
Here are 4 waterfront listings on Lake LBJ you NEED to know about! Come preview or show any time; none will disappoint. Call, text or email with questions (512) 786-1515 or eric
carvajalgroup
com
- 1530 Hill Top (Granite Shoals) – Brand new construction from Dauphine Homes. 4 bed, 3.5 bath contemporary build with master on main level, lots of glass and second level living room plus wrap around second level balcony with panoramic Lake LBJ views + detached garage. 110 waterfront ft with “double water views”. Asking price – $1.4m
    2. 808/810 Misty Downs (Granite Shoals) – One of the most unique waterfront properties I have seen on Lake    LBJ. Two tracts with a total of approx. 800 waterfront ft. Single story home just under 2800 sq ft, very high end with luxury kitchen, 3 beds/2.5 baths plus additional study/bonus room. This property is covered with huge Cypress trees and was professionally designed and landscaped by a very well known landscape architect who has also done work on Lady Bird Park. Price available upon request.
3. 401 W Greenbriar (Granite Shoals) – New Listing, not yet in MLS! 2 bed, 1.5 bath just under 1800 sq ft, ready for your remodel. 87 ft of great cove waterfront. Aggressively priced at $475k
4. 501 Reynolds #23 (Kingsland) – Incredible opportunity. Two story townhome in Point Breeze with waterfront views. Great bones – New roof, new HVAC and all deck boards replaced and waiting for your cosmetic remodel. Cheaper than anything in the complex and aggressively priced at $229,000.Â
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