Luxury Value on Lake LBJ

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These days it seems to be harder and harder to find a good deal on Lake LBJ.  Prices continue to rise and buyer demand doesn’t seem to let up much keeping the market stable.  Couple that with the fact that many property owners around Lake LBJ are wealthy and don’t need to sell their homes and you quickly realize that prices don’t seem to be going down in the foreseeable future.  That being said I believe opportunity lies in good real estate, with unique characteristics, located in areas that are “outside the box”.

We have a pocket listing in Granite Shoals at 2510 Belaire East. This incredible home was completed in 2018, with no expense sparred. Its designed and built to today’s standards and doesn’t need a single thing done to it.  The best part is that it sets on over 1 acre of land with approximately 200 feet of southern facing great waterfront.  The home has an excellent boat dock with touchless covers for boat and jet skis, it has a huge yard with room for a pool, a 3 car garage plus a bonus detached garage and 6 bedrooms.

Many luxury buyers want to be in Horseshoe Bay because of the name but there are many reasons why I believe Granite Shoals is a good place to invest. First off, some of the best waterfront on Lake LBJ is in Granite Shoals. I would personally choose great water over location any day of the week. Second, getting an acre of land with 200 feet of water is nearly impossible to find in Horseshoe Bay. Lastly, there is a new bridge in the works that will connect Granite Shoals with Horseshoe Bay and when this happens the distance between the two will be greatly reduced.

If the home we have available was in Horseshoe Bay it would sell for 8-10 million. Because its in Granite Shoals it is priced at $6,300,000. Believe me when I say you have not seen a house this nice on land this great.  If you want to take a tour reach out. If you are interested in learning more about Lake LBJ Real Estate I encourage a conversation.