The retirement and resort community of Horseshoe Bay Texas joins the waterfront homes on Lake LBJ in central Texas. Within striking distance of another picturesque spot Lake Marble Falls, Horseshoe Bay offers itself as a beautiful place where you can plan to start a business or buy/build a home at prices that are affordable considering current market conditions. With Austin, the state capital in close proximity, many residents also commute to work and that provides a diverse community in this beautiful location. The lean population and clean surroundings with abundant nature all around is a major factor that attracts home buyers to Horseshoe Bay Property, Texas and the Lake LBJ waterfront homes.
In tune with the national trend, the real estate prices in the area continue to be affordable and pegs lower compared to prices prevailing a year ago. However, if you compare the current prices with those prevailing in 2000, you will notice that the prices have appreciated by nearly 70%. Similar homes in the neighboring Austin city are priced significantly higher and this is another reason why many people including those currently working in Austin are considering relocating to Horseshoe Bay Property, Texas and the waterfront homes on Lake LBJ. Horseshoe Bay Texas is also home to one of the finest golf courses built by the renowned golf course architect Robert Trent Jones Sr. HSB has also added various other facilities like an equestrian centre, diving/swimming pool with unique hot tub whirlpool Spa, Conference center and Yacht club making it a perfect vacation destination.
Norman Hurd and Wayne Hurd are credited with the initial vision to develop Horseshoe Bay around the early 1970s. The power plant plans of the LCRA (Lower Colorado River Authority) did pose some challenges to the Hurds though they successfully overcame the hurdles to present Horseshoe Bay Texas as it exists today. A rusty horseshoe that the Norman and Wayne found at the lake bottom lead to the community being named Horseshoe Bay and this horseshoe is preserved in Wayne’s office. Horseshoe Corporation formed by the Hurds is the leading real estate brokerage in the area today.
Horseshoe bay sits between Llano county and Burnet county on the shores of lake Lyndon B Johnson about 42 miles off Austin and spreads over approximately 24 sq.miles. At about 3100, the population is lean offering plenty of clean air and ample lung space with abundant nature all around.
The median income for men in this region is around $40,000 while it is about 23,000 for women. The per capita income for the CDP is about $37,000. The median age of the residents of Horseshoe Bay is 60 plus. Service professionals, particularly sales personnel formed a major chunk of the residents in Horseshoe Bay with many of them commuting to Austin for work.
Real Estate Market Statistic Summary
Most homes (about 60%) in the Horseshoe Bay area are relatively large and between 1800 and 3600 square feet and about 50% of the homes were built prior to 2000. The median value per square feet is about $222 and the median sale price in recent times stood at $330¸000. The average property tax in this region is at about 1% translating to about $2,700 with houses free from mortgages enjoying a marginal discount.
Though the nationwide real estate scene continues to experience difficulties, Texas economy remains buoyant and home prices in Horseshoe Bay or the Lake LBJ waterfront homes have shown great resilience and the owners who have listed their homes for sale have not exhibited any distress signals. The unique advantages of this small but vibrant community are therefore expected to attract more and more home buyers in the coming years.
See all Real estate in the city of Horseshoe Bay.
(all data current as of 4/23/2014)
$228,000 : 101 Western Spur, Horseshoe Bay3 beds, 2 full baths
$220,000 : 312 Plenty Deer, Horseshoe Bay3 beds, 2 full baths
$435,000 : 301 Silver Spur, Horseshoe Bay3 beds, 3 full baths
$290,000 : 101 Desert Rose, Horseshoe Bay3 beds, 2 full baths
$372,900 : 2824 Aurora, Horseshoe Bay3 beds, 2 full, 2 part baths
$300,000 : 815 Tonto, Horseshoe Bay3 beds, 2 full baths
$450,000 : 105 Mason Court, Horseshoe Bay3 beds, 3 full baths
$492,000 : 205 Mountain Dew, Horseshoe Bay3 beds, 2 full, 1 part baths
$235,000 : 105 San Marino Way, Horseshoe Bay2 beds, 2 full baths
$450,000 : 119 Christine Circle, Horseshoe Bay3 beds, 3 full, 1 part baths
$425,000 : 104 Hi Ridge, Horseshoe Bay4 beds, 3 full, 1 part baths
$244,900 : 806 Fault Line Drive, Horseshoe Bay3 beds, 2 full baths
$225,000 : 209 N Big Spur, Horseshoe Bay3 beds, 2 full baths
$359,000 : 108 Harbor Light, Horseshoe Bay3 beds, 2 full baths
$430,000 : 2820 Aurora, Horseshoe Bay4 beds, 3 full, 1 part baths
$322,000 : 600 Fault Line, Horseshoe Bay3 beds, 2 full, 1 part baths
$395,000 : 614 Sandy Harbor, Horseshoe Bay2 beds, 2 full baths
$349,500 : 809 Hi Circle West, Horseshoe Bay3 beds, 2 full, 1 part baths
$349,000 : 613 Hi Circle North #E, Horseshoe Bay2 beds, 3 full baths
2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Real Estate Market Stats
Zillow Home Value Index
Owners vs. Renters
Home Size in Square Feet
|Percent Homes Decreasing||0||0|
|Percent Listing Price Reduction||21.6%||28.6%|
|Median List Price Per Sq Ft||0||109|
|Median List Price||$429,000||$200,000|
|Median Sale Price||0||196,800|
|Homes For Sale||0||0|
|Homes Recently Sold||0||0|
|Turnover (Sold Within Last Yr.)||0||0|
|Median Value Per Sq Ft||$221||$115|
|Homes For Sale By Owner||0||0|
Tags: Horseshoe Bay Homes, Horseshoe Bay Property, Horseshoe Bay Ranches, Horseshoe Bay Real Estate, Horseshoe Bay Realtor, Horseshoe Bay Resort, waterfront homes on Lake LBJ