Highland Lakes, TX 78657
Lake LBJ waterfront, resort golf and Hill Country living, with August 2026 sales data, lake levels and local events in one guide.
Market snapshot · As of September 28, 2026
Over the three months ending August 2026, Horseshoe Bay homes sold for a median $724K, essentially flat year over year, after a median 106 days on market and at about 95.9% of list price. 42.3% of homes had a price drop, and Zillow counted 422 homes for sale at the end of August. Lake LBJ read 98.9% of conservation pool on September 28.
Sale price, days on market, sale-to-list and price-drop figures are city-level Redfin data (MLS and public records) for the three months ending August 2026. Typical home value and for-sale inventory are Zillow Home Value Index and Zillow market data through 2026-08-31. Lake levels are from Water Data for Texas (LCRA gauge data) on 2026-09-28. The July 2026 report used ZIP-level Prop:Metrics data, which has not updated past May 2026, so this cycle switches sources and the two reports' medians and days-on-market are not directly comparable. The price distribution is a count of 390 active house, condo and townhouse listings on Redfin's Horseshoe Bay search on 2026-09-28, grouped by list price; vacant lots are excluded.
As of September 28, 2026 · redfin.com · zillow.com · waterdatafortexas.org
Latest Market Report
Horseshoe Bay's median sale price held at $724K over the three months ending August 2026, flat year over year, while 42.3% of homes took price drops and sales closed near 95.9% of list. Lake LBJ held at 98.9% full as Lake Travis fell back to 89.6%.
Redfin's three-month median through August 2026 was up just 0.2% year over year.
Price drops rose 1.9 points year over year and homes closed at about 95.9% of list.
Zillow's typical home value was $704K at the end of August, even as closed-sale prices held.
Texcella counted 49 new listings in the 30 days to September 28, down from 71 in the July window.
Lake LBJ held near full pool while Lake Travis fell from 100% in July to 89.6%.
Horseshoe Bay is a resort city on Lake LBJ, roughly 45 to 50 miles northwest of Austin next to Marble Falls. The city spans Llano and Burnet counties, and school zoning follows that line: Llano ISD serves the Llano County side and Marble Falls ISD the Burnet County side. Lake LBJ is a constant-level lake in LCRA's Highland Lakes chain, held near its 825-foot conservation pool. Horseshoe Bay Resort operates four championship golf courses (Apple Rock, Ram Rock, Slick Rock and Summit Rock), a marina and yacht club, a tennis and pickleball center, and a private jet center. The city is a designated Dark Sky Community and hosts public stargazing at HSB Nature Park. Access is via Texas 71 and RR 2147.
Lake LBJ is managed as a constant-level lake within LCRA's Highland Lakes chain and held near its 825-foot conservation pool. On September 28, 2026 it read about 824.75 feet, or 98.9% full, against 98.2% a year earlier.
Horseshoe Bay Resort operates Apple Rock, Ram Rock, Slick Rock and Summit Rock. The resort also has a Whitewater putting course and a golf academy.
The resort marina offers boat charters and watersports, and lake activities run through the Yacht Club. Resort pools and a beach sit alongside the marina.
The Mouratoglou Tennis Center at Horseshoe Bay Resort operates tennis and pickleball courts. The resort's Holiday Pickleball Classic is scheduled for December 4 to 6, 2026.
Horseshoe Bay is a designated Dark Sky Community with outdoor lighting standards tied to that designation. The city hosts a Stargazing Party at HSB Nature Park on November 12, 2026.
Horseshoe Bay Resort maintains a private jet center on site. Austin-Bergstrom International Airport is the nearest commercial airport, on the far southeast side of Austin.
Common Questions
It is a slow, negotiable market. Over the three months ending August 2026, homes sold for a median $724K, flat year over year, after a median 106 days on market. Sales closed at about 95.9% of list price, and 42.3% of homes took a price drop, per Redfin.
The median sale price was $724K over the three months ending August 2026, and Zillow's typical home value was $704K, down 3.9% year over year. Of 390 active houses, condos and townhomes on September 28, about 30% were listed under $500K and 16% at $2M or more.
The numbers favor buyers. Homes sold at about 95.9% of list price over the three months ending August 2026, only 1.3% sold above list, and 42.3% had a price drop. Redfin rates the market not very competitive, with a median 106 days on market.
Yes. LCRA manages Lake LBJ as a constant-level lake held near its 825-foot conservation pool. On September 28, 2026 it read 98.9% full. Lake Travis, a storage reservoir, read 89.6% full the same day after sitting near 100% in late July, which shows the difference.
The 2026 POA maintenance fee is $360.99 in Horseshoe Bay Proper, North and South, and $866.52 in Horseshoe Bay West, due January 1. The city tax rate for 2026-27 is $0.26775 per $100 of value, unchanged; county, school district and other levies are billed on top.
It depends on the county your address sits in. Horseshoe Bay straddles the Llano and Burnet county line: Llano ISD serves the Llano County portion and Marble Falls ISD serves the Burnet County portion. Confirm zoning by address with the district or the county appraisal record.
Horseshoe Bay is roughly 45 to 50 miles northwest of Austin, next to Marble Falls. The usual route is Texas 71 west to RR 2147, typically about an hour to downtown Austin. Austin-Bergstrom International Airport sits on the far southeast side of the city, which adds time.
Jonathan Creath is a Real Estate Advisor with Kuper Sotheby's International Realty and part of Creath Partners, the family business his father Garry Creath founded in 1971. He is licensed by the Texas Real Estate Commission, #547237. Creath Partners works Westlake, Lakeway, southwest Austin, the Lake Travis areas, downtown Austin and Tarrytown.
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Creath Partners was founded by Garry Creath and remains a family business to this day — begun in Colorado Springs in 1971, grown in Lubbock, and brought to Austin in 1989. Service during and after.
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The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified. Licensed by the Texas Real Estate Commission, #547237.
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