The Lake LBJ Real Estate blog
Lake Marble Falls waterfront lot
As Lake LBJ real estate continues to rise, some buyers are forced to look elsewhere for affordable opportunities within their budget. Â Interestingly, prices on Lake LBJ have skyrocketed in the last few years but that trend has not been so evident on nearby Lake LBJ, leaving room for some great opportunity.
My newest listing on Lake Marble Falls is a package of two, adjacent waterfront tracts in well known Waterside Cottages neighborhood. Â This small gated subdivision is located off of HWY 2147 in between Marble Falls and Horseshoe Bay. Â This two lots together have a total of approximately 93 ft of water, incredible views and a perfect building site to construct your dream home on Lake Marble Falls. Â The package is priced at $300,000 and when you look at the comps in the neighborhood you will find that this is a very good deal. Â More importantly, when compared to nearby Lake LBJ waterfront lots you will not find this type of water at a price anywhere close to this one.
While Marble Falls is no Lake LBJ, it is a very nice lake for boating and fishing and offers the great convenience of being very close to the city of Marble Falls and accessible to all the shops and restaurants you have come to love. Â I have spent a good amount of time boating, particularly surfing on Lake Marble Falls and I have to say it really is quite nice. Â Because the lake is smaller you have much less boat traffic and the peaceful environment and majestic scenery is hard to beat.
This just might be the right opportunity to create your waterfront getaway! Â Contact me today at (512) 786-1515 or to learn more about the Waterside Cottages in Marble Falls.
Buy and Build – Lake LBJ Real Estate
The majority of my waterfront buyers are looking for a turn-key investment, something that is move-in ready on Lake LBJ. They often times make an impulse buy in the one weekend they are in town on something that meets their needs. Most buyers lack vision and need someone else to create the end product for them. For that reason, we see that most waterfront lots on Lake LBJ sit on the market for a long time as most people do not want to mess with the building process.  For this reason, I recommend opening your search up to include waterfront lots. Buying a great lot and building your dream just might be the best way to invest in Lake LBJ Real Estate.
Everyone wants the end result but very few have the vision, time and patience to create it! For those that do have the vision and are willing to create their own, the upside and initial equity is typically very strong.  Waterfront lots average many more days on market and are considered less liquid and for this reason typically end up selling at a deep discount. Lot owners most likely had plans to build but then life came along and changed that plan. For that reason, the lots get listed and in the end the sellers usually get tired of waiting and are anxious to make a deal.
Its also important to point out that new construction on great water is very hard to come by. Typically you see a great waterfront property with an old cabin or a great house on average water. Buying a great lot and building exactly what you want will typically land you in a good spot on Lake LBJ. In fact, given current market conditions its likely that one could sell as soon as construction is complete and make a strong return on investment.
Below is a list of 3 great waterfront lots on Lake LBJ that I believe have great upside:
541 Sandy Mountain – This property is a great lot in highly desired Sunrise Beach. It faces directly east with cove protected waterfront and open water views along with great views of hill country in Kingsland. It has great trees and an existing boat house with metal piers into the water ($35k-50k value). Id build 1500-2500 sq ft on this lot and I think you would have a great property
559 Crestwood – I believe this is one of Lake LBJ’s finest lots. Crestwood is in my opinion the best street in Kingsland and this lot has huge old growth oak trees, cypress etc and a perfect building site. The waterfront looks like you are in another part of Texas. I think the $1million price tag is high but hire the Lake LBJ Expert and let me help you get the price down. Here I would build 3500- 4000 sq ft and I believe you would easily have a $2.5-$3million home.
Lot 185 S Shorewood – This here is a great lot that has good cove water. What I love most about this lot are the great trees and ideal building site. There is an old boat house that needs to be torn down and redone but this could make for a great waterfront cabin site. I would build 1500-2000 sq ft here and it would be a waterfront dream
If you or someone you know is intersted in investing in waterfront lots on Lake LBJ, call me today at (512) 786-1515.
A Waterfront Dream – 808 and 810 Misty Downs
As demand for Lake LBJ Real Estate grows and supply remains constant, Blue Chip properties are the best investment on Lake LBJ. Â While places like Applehead Island may have the most expensive homes on the lake, a large mansion on minimal waterfront is hardly a good investment in my opinion. Â Lake LBJ living is about so much more than big fancy houses; its about living on the water and capturing the true beauty of Lake LBJ.
I would like to take a moment and introduce to you 808 and 810 Misty Downs in Granite Shoals. Â In my opinion, it can be argued that this is the best property on Lake LBJ. Â Imagine yourself living on a private waterfront park, tucked away at the end of a cul-de-sac, with impeccable landscaping, huge trees, tons of wildlife and incredible views of Lake LBJ and Pack Saddle mountain. Â The main house is a 3 bed, 2.5 bath single story with handicap ramp, private study, soaring ceilings with exposed wood beams, beautiful hardwood floors throughout, a gourmet kitchen and views from most every room. Â The property is perfectly designed and positioned on the property to take full advantage of the one-of-a-kind, park-like setting on Lake LBJ. Â The current owners built the home in 1993 and in doing so paid close attention to detail in creating this truly unique lakefront oasis. Â One of my favorite aspects of this property are the many different outdoor living areas that provide for maximum utility of this natural environment on Lake LBJ.
The adjacent tract, being sold as part of the package, has over 400 ft of waterfront and a 2 bed, 2.5 bath cabin fully lined with real redwood providing excellent guest accommodations and an additional 1/2 acre to spread out. Â As you can imagine, this property is a constant meeting place for numerous wildlife species on Lake LBJ and offers excellent bass fishing right at the water’s edge. Â You will not find a more complete package on Lake LBJ. Â This property has so much to offer.
While the Granite Shoals address may turn some people off, as your Lake LBJ real estate expert I believe that would be a huge mistake. Â In fact, I believe Granite Shoals offers some of the most interesting and unique waterfront properties Lake LBJ has to offer. Â A property like this does not exist in Horseshoe Bay or any other part of Lake LBJ, but if it did, the price would easily be 3 times as much.
Opportunities like this on Lake LBJ do not come around often and when they do, they are not on the market for very long. Â This unique offering will not be listed in MLS at the request of the sellers but is available for sale. Â If you or someone you know would like to come and experience this exceptional piece of Lake LBJ Real Estate contact me today at (512) 786-1515.
Your Waterfront Address. Â Our Passion!
Kingsland Waterfront Real Estate – $229,000
Most of the properties on Lake LBJ have gotten very expensive and very much a luxury. Â However my newest listing in Kingsland offers great waterfront at a fraction of the price! Â 501 Reynolds Unit 23 is a 2, 2.5 bath townhome in a great waterfront community, situated on Lake LBJ near the junction of Llano and Colorado rivers. Â This spacious condo sits just off the water but has excellent water views and comes complete with a deeded boat slip giving the owner direct access to constant level Lake LBJ.
Listed at $229,000 this property has excellent bones and is awaiting your cosmetic updates. Â With a new roof, new HVAC, new decking upstairs and down and hardie siding on the outside, a little popcorn removal, paint and some tasteful upgrades will give you everything you could ever imagine on Lake LBJ at an attractive and affordable price.
If you would like to view this excellent piece of Kingsland Waterfront Real estate, contact me today at (512) 786-1515. Â I look forward to hearing from you!
Your Waterfront Address. Our Passion!
Eric Carvajal
#LBJWaterfrontExpert
Not in MLS – 2 bedroom in Sunrise Beach on Open Water: $595k
Stop waiting for the perfect waterfront deal to present itself! Â 133 Glen Oaks offers the perfect opportunity for a remodel project on one of the finest waterfront lots in Sunrise Beach. Â This 2 bedroom, 2 bath cabin is just under 1200 sq ft with a great lake house floor plan and good bones to start your remodel. Â Due to its simplicity, I believe this will be a very easy home to remodel and restore back to its original design. Â The huge back porch takes advantage of the east-facing panoramic waterfront views and with deep, granite-bottom water, you won’t find a better lot in this price range. Â The lot is scattered with great trees, including large oaks and magnolias. Â 133 Glen Oaks Drive is aggressively price at $595k. Â If you are looking for a great piece of Sunrise Beach Real Estate, the search stops here!
Contemporary New Construction on Excellent Water
1530 Hill Top is one that I am very proud of. This contemporary new construction project turned out far better than I could have ever imagined. Below are some quick facts about the property:
- 4 bedrooms, 3.5 baths, two living areas
- 3,029 total sf (1st = 1,714, 2nd = 1,255)
- Detached garage 595 sq ft
- Outdoor Living = 1,281 sf
- Built across two combined lots
- 110 total waterfront ft
Lake LBJ’s Crown Jewel
If you like to invest in elite tracts of property that are truly scarce, this one is a must see on Lake LBJ. . This property is approximately 1.2 acres with 800 ft of waterfront on Lake LBJ and if you know anything about Lake LBJ you know that properties like this are very hard to come by. There is only one like it:
Granite Shoals Waterfront Lot with Existing Boat House
Check out this prime piece of Lake LBJ Real Estate. 232 Green Acres is one of the prettiest lots left on Lake LBJ and with over 113 feet of waterfront you will not find a better value in this price range. Green Acres is one of the nicest streets in Granite Shoals and is home to multiple million dollar + homes on the street. In fact the neighboring properties each have a market value of over 1 million and a recent sale two houses down at 224 Green Acres was recently listed at $1,775,000 and went pending in 17 days on the market. It has not closed as of the date of this post
The lot has an existing, steel constructed boat house which has a “Grandfathered” bathroom which is no longer allowed on Lake LBJ. The current owners use the storage and bathroom as a place to stay for the weekend. In my opinion this structure has a value of approx. 50k and has a boat slip and wave runner ramp with electric lifts.
The lot also has an existing septic system on the property.
We priced this lot at $500,000 and based our value on the finish value of a home that one could build. Of course I know that any buyer that would risk their cash and purchasing power, and go through the design and build phase would want some equity on the final product and that is factored in to our price.
If you are interested in learning more about this waterfront lot on Lake LBJ or for assistance purchasing or selling Lake LBJ real estate, contact me at (512) 786-1515.
Lake LBJ Waterfront Real Estate Expert
When its time to buy or sell, you need a trusted professional that knows Lake LBJ, understands the market, and will work harder than anyone to help you accomplish your real estate goals on Lake LBJ! I am Eric Carvajal your waterfront real estate expert on Lake LBJ.
The process of buying a home on Lake LBJ often times is something that happens very fast as eager buyers come in from out of town and are instantly sold on the best option they see at that time. What many people fail to understand is that often times it is the buyers that are patient that find the best opportunities on Lake LBJ. Sure inventory is scarce but right now I have a list of 7 people, all with GREAT properties, that are considering the sell of their waterfront property. I also have another 5 off-market listings that are some of the best properties on Lake LBJ.
If your agent is only looking at MLS and hasn’t spent time “bird dogging” some additional opportunities on Lake LBJ, you might be missing a big part of the market. Each month, my team sends approximately 1600-2000 mailers minimum to all of the waterfront property owners on Lake LBJ. This aggressive farming technique is often times very fruitful and allows us a first hand look at new properties that might be coming for sale, aka pocket listings on Lake LBJ. When you hire me, you get a Lake LBJ real estate expert that goes far above the call of duty to ensure you are seeing the right opportunities even if they are not listed. My clients leverage my years of experience on Lake LBJ and by working with a broker that actually lives on the water Lake LBJ, they get someone that knows the ins and outs of owning Lake LBJ real estate.
This is a big investment and you owe to yourself to work with the LBJ real estate expert. Your friend/agent may be nice and you may want to help you out but lets be honest, if they really wanted to help you out they would refer you to the top real estate broker on Lake LBJ, rather than trying to keep all the commission for themselves. I can usually find you what you are looking for on Lake LBJ in a short amount of time, but sometimes I need my buyers to be patient just a little longer and the right waterfront opportunity will present itself. They always do!
Contact me today and let me assist you in your purchase of waterfront real estate on Lake LBJ. Hire the expert!
Lake LBJ’s Crown Jewel
Every once in a while I get the opportunity to represent truly unique waterfront properties on Lake LBJ. 421 Hillview is a property like no other you will find on the lake or anywhere in Texas for that matter. This 1.2 acre site offers some of the most beautiful waterfront money can buy and with 800 ft of wide open, east facing frontage, it is likely you will not see another property like this come up for sale in your lifetime.
Tucked away at the end of a cul de sac, on an unassuming street in Granite Shoals, this hidden treasure will not disappoint. With mature trees, solid granite-bottom water, and large granite outcroppings that create a natural swimming pool, its tough to find a better setting and even if you did, the chances of it being available for sale are slim to none. Just like summer camp, this property feels like a special getaway where memories are made and laughter is abundant. Words cannot describe what this property has to offer and in fact when you walk it for yourself it will immediately take your breath.
The property offers a 3 bed, 2 bath summer cabin along with an additional bunk room out in the boat house complete with full bathroom and additional storage. The boat house is larger than most you see out on Lake LBJ and offers 3 boat slips with electric lifts and plenty of waverunner ramps and seating area.
While a property of this size is not for everyone, for someone looking for a true Texas gem, this is it. Contact me today for more information and to schedule a private showing of Lake LBJ’s Crown Jewel.
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