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Horseshoe Bay, TX Real Estate

Horseshoe Bay is one of Texas's most recognized resort communities, built around the constant-level waters of Lake LBJ on the western edge of the Highland Lakes chain. The city revolves around Horseshoe Bay Resort, which anchors the community with three championship golf courses and lakeside amenities that draw buyers from across the state and beyond. Real estate here spans a remarkable range, from raw lakefront lots and modest cottages to sprawling waterfront estates, making it one of the more nuanced markets in the Hill Country to understand well. Buyers come here for the lake lifestyle, the Hill Country scenery, and a pace of life that feels worlds away from the Austin metro, even though the city is just over an hour's drive to the west. Neighborhoods | Lifestyle | Schools | Market Overview | Getting Around | FAQs

$939,000 Median Price
96 Avg Days on Market
175 Active Listings
16.7 Months of Inventory
For Sale For Rent Land Farms & Ranches
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Recent Sales in This Area

3 bed, 4 bath, residential lease at 801 Grassy KNL # A, Horseshoe Bay TX 78657, Horseshoe Bay TX Off Market
Sold Feb 2026
3 bd 4 ba 1,690 sqft
801 Grassy KNL # A, Horseshoe Bay TX 78657 Horseshoe Bay, TX 78657
3 bed, 2 bath, residential at 5321 W Fm 2147 # 6, Horseshoe Bay TX 78657, Horseshoe Bay TX Off Market
Sold Dec 2025
3 bd 2 ba 1,572 sqft
5321 W Fm 2147 # 6, Horseshoe Bay TX 78657 Horseshoe Bay, TX 78657
2 bed, 3 bath, residential lease at 801 Grassy KNL # C, Horseshoe Bay TX 78657, Horseshoe Bay TX Off Market
Sold Oct 2025
2 bd 3 ba 1,160 sqft
801 Grassy KNL # C, Horseshoe Bay TX 78657 Horseshoe Bay, TX 78657
Land at w27002 Western Bit, Horseshoe Bay TX 78657, Horseshoe Bay TX Off Market
Sold Oct 2025
0 bd 0 ba
w27002 Western Bit, Horseshoe Bay TX 78657 Horseshoe Bay, TX 78657
5 bed, 7 bath, residential at 115 Dalton Circle, Horseshoe Bay TX 78657, Horseshoe Bay TX Off Market
Sold Aug 2025
5 bd 7 ba 5,150 sqft
115 Dalton Circle, Horseshoe Bay TX 78657 Horseshoe Bay, TX 78657

About Horseshoe Bay, TX Real Estate

Neighborhoods & Subdivisions in Horseshoe Bay

Horseshoe Bay is organized into several named subdivisions that each occupy a distinct position in the market. Horseshoe Bay West is the largest active sector, with a broad inventory of lots and homes spread across rolling Hill Country terrain with a mix of golf course frontage, lake views, and interior positions. Horseshoe Bay Proper covers the original platted sections closest to the resort and marina, with established homes and walkable proximity to resort amenities. Horseshoe Bay South is predominantly a land market, a common entry point for buyers planning a custom build on a more budget-accessible lot.

Summit Rock is an elevated gated community with panoramic Hill Country and lake views, drawing custom home buyers who prioritize privacy and scenery over direct water access. Applehead West and the neighboring Applehead Island represent the pinnacle of Lake LBJ waterfront real estate, with deep-water lots, private boat docks, and some of the most coveted addresses in the entire Highland Lakes chain. Lago Escondido and the adjacent private Escondido enclave sit at the ultra-luxury end of the market, with gated security and estate-scale properties that rarely come to market.

For buyers seeking newer construction with a maintenance-provided lifestyle, The Waters at Horseshoe Bay offers condos and villa-style homes close to the resort campus. Horseshoe Bay North lines the northern shore of Lake LBJ with direct water access, while Pecan Creek, Sandy Harbor, Trails of Lake LBJ, and Tuscan round out the options with more modestly priced lots and homes for buyers entering the market without a seven-figure budget.

Lifestyle & Recreation in Horseshoe Bay

Horseshoe Bay was purpose-built as a resort community in the early 1970s, and that DNA shapes the experience of living here. Horseshoe Bay Resort is the anchor, offering three championship golf courses, Apple Rock, Ram Rock, and Slick Rock, along with a full-service spa, a lakeside pool complex, and multiple dining venues. The lake itself is constant-level, a meaningful advantage over other Highland Lakes reservoirs that fluctuate with rainfall and upstream releases, making it one of the most reliable boating, water skiing, and wake surfing destinations in Texas. Fishing for largemouth bass, striped bass, and white bass draws anglers year-round, and the private marina keeps boat access convenient for residents throughout the city.

Beyond the resort, Horseshoe Bay connects naturally to the broader Hill Country experience. The Texas Hill Country Wine Trail puts Fredericksburg wine country within about 45 minutes to the west. Marble Falls, five miles east, offers local dining, the Wirtz Dam overlook, and access to the lower Highland Lakes corridor. Enchanted Rock State Natural Area is roughly 40 minutes away, and the Llano River draws kayakers and swimmers through the summer. The community operates at a relaxed pace, with granite outcroppings, cedar breaks, and lake views defining the landscape throughout the year.

Schools Serving Horseshoe Bay

Horseshoe Bay students attend schools across three districts depending on the exact location of the property: Burnet CISD, Marble Falls ISD, and Llano ISD. Elementary campuses serving the community include Burnet Elementary, Colt Elementary, Marble Falls Elementary, Packsaddle Elementary, Shady Grove Elementary, and Spicewood Elementary (Marble Falls ISD). Middle school students typically attend Burnet Middle School, Marble Falls Middle School, or Llano Middle School, with corresponding high school options at Burnet High, Marble Falls High, and Llano High.

Because Horseshoe Bay spans county and district lines, two neighboring properties can fall under entirely different school systems. Buyers should confirm the assigned campus zone for any specific address during due diligence. The team at Neuhaus Realty Group can help verify school assignments alongside tax records and HOA documents as part of the purchase process.

Horseshoe Bay Real Estate Market

Horseshoe Bay's real estate market is structured differently from most communities in the Austin area. Land makes up the majority of active inventory, reflecting the resort community model where buyers secure lots and engage custom builders for primary or secondary residences. Residential properties span from modest lake cottages to multi-million-dollar waterfront estates with private boat docks, creating one of the widest price ranges in the entire Highland Lakes region. New construction is active, with custom builders including Canyon Creek Homes and Crescent Estates Custom Homes delivering projects on premium lots throughout the city.

The waterfront premium here is real and substantial. A deep-water lot on Applehead Island commands a fundamentally different price than an interior lot in Horseshoe Bay West, even when lot dimensions are comparable. Golf course frontage, lake views, and proximity to the resort each influence value in distinct ways that require local expertise to evaluate properly. For buyers browsing the broader Austin area homes for sale, Horseshoe Bay represents a secondary-market destination with its own dynamics, less tied to Austin tech employment and more to the resort and second-home buyer pool that fuels demand here.

Getting Around Horseshoe Bay

Horseshoe Bay sits approximately 55 miles west of downtown Austin, most commonly reached via Texas Highway 71 west through Spicewood and into the Marble Falls corridor, or via US Highway 281 south from Burnet. The drive to Austin typically runs 60 to 75 minutes depending on traffic and route, which positions Horseshoe Bay as a genuine resort and second-home market rather than a daily commuter suburb. Marble Falls, about five miles to the east, serves as the primary hub for grocery stores, medical care, restaurants, and everyday retail.

Burnet, roughly 13 miles north via US-281, provides additional services and is home to Burnet Municipal Airport for those who fly private. Llano, about 25 miles to the west, is the county seat and adds another service layer for residents on the western side of the lake. Buyers exploring the Highland Lakes corridor frequently compare Horseshoe Bay to nearby Kingsland, Sunrise Beach, and Buchanan Dam for alternative lake positions at different price points, or look at Tow and Llano for more rural acreage along the Llano River and upper lake shores.

Frequently Asked Questions

What is Horseshoe Bay best known for?
Horseshoe Bay is best known as a premier Lake LBJ resort community centered on Horseshoe Bay Resort, which operates three championship golf courses, Apple Rock, Ram Rock, and Slick Rock, along with a full-service spa, lakeside dining, and a pool complex. The city has been one of the most recognized lake destinations in Texas since the early 1970s, drawing buyers looking for waterfront property, golf course homes, and a genuine Hill Country retreat on a constant-level lake.
Is Lake LBJ really a constant-level lake?
Yes, Lake LBJ is maintained at a constant level, which is one of its most significant advantages over other Highland Lakes reservoirs that rise and fall with rainfall and dam releases. That consistency makes permanent boat docks, hydraulic lifts, and waterside structures a practical reality year-round. It is the primary reason waterfront properties in Horseshoe Bay command a strong premium over comparable lake communities elsewhere in the Highland Lakes chain.
Which neighborhoods in Horseshoe Bay have direct waterfront access?
Applehead Island and Applehead West are the most sought-after waterfront neighborhoods, with deep-water Lake LBJ frontage and private boat docks on many lots. Horseshoe Bay North and Sandy Harbor also offer direct lake access at different price tiers, and Lago Escondido represents the gated estate-level waterfront tier at the top of the market.
What school districts serve Horseshoe Bay?
Horseshoe Bay is served by Burnet CISD, Marble Falls ISD, and Llano ISD depending on where the property sits within the city. The community spans county and district lines, which means school assignments can vary between neighboring streets. Buyers should confirm the specific campus zone for any address during due diligence, as the assigned district can affect everything from school choice to property tax rates.
How far is Horseshoe Bay from Austin?
Horseshoe Bay is approximately 55 miles west of downtown Austin, with a typical drive of 60 to 75 minutes via Texas Highway 71 or US Highway 281 through Burnet. This distance makes it a genuine lake and resort destination rather than a suburb, and most residents treat it as a primary retreat or second home rather than a daily commute base. Marble Falls, about five miles east, provides the nearest full-service retail and medical hub for day-to-day needs.
Is new construction available in Horseshoe Bay?
Yes, new construction is active in Horseshoe Bay, primarily through custom builds on lots in Horseshoe Bay West and Horseshoe Bay South. Builders including Canyon Creek Homes and Crescent Estates Custom Homes have active projects in the area, and newer units are available at The Waters at Horseshoe Bay. Buyers should factor in custom build timelines and the site-specific costs that come with Hill Country topography and lakefront lot conditions.
What are property taxes like in Horseshoe Bay?
Horseshoe Bay is located in Llano County, which generally carries a lower combined property tax rate than Travis or Williamson counties closer to Austin. The total rate includes city, county, and school district assessments and varies slightly depending on which of the three school districts serves the specific property. Buyers should request a current tax estimate from the listing agent and verify figures directly with the Llano County Appraisal District during the due diligence period.
What nearby communities should I compare to Horseshoe Bay?
Buyers focused on Lake LBJ living often compare Horseshoe Bay to Kingsland and Sunrise Beach, both of which offer lake access without the resort-community pricing structure. Buchanan Dam sits on Lake Buchanan to the north with a quieter and more rural character. Buyers seeking Hill Country acreage with river access sometimes explore Llano or Tow as alternatives with more land and fewer resort-driven price premiums.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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