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The Lake LBJ Real Estate blog

238 Green Acres in Granite Shoals – $915,000

Posted by on 7-07-12 in For Sale, Granite Shoals, Lake LBJ Real Estate | Comments Off on 238 Green Acres in Granite Shoals – $915,000

238 Green Acres is a very special piece of Lake LBJ real estate. Built in 2001 by its current owners, this 4052 sq. ft. waterfront home on Lake LBJ sits on a .65 acre lot with huge Lake LBJ and hill country views. With 142 feet of waterfront in the cove this home is one of the larger, newly built homes in the community and offers great water access. The home is built of stucco and rock and has a composition shingle roof. The first story has a large living room with connected dining room floored with beautiful oak wood. High ceilings throughout and big windows give this Lake LBJ home a bright feeling. The large gourmet, island style kitchen has custom cabinetry and thick granite counter tops. There is also a wonderful breakfast area with Lake LBJ views making it a perfect spot to enjoy breakfast lunch and dinner. The large master suite has separate shower and tub, double vanity, and walk in closet. The huge bedroom area has plenty of room for a sitting area and has access to the back deck. Upstairs contains two large bedrooms, each with their own bathrooms and private balconies as well asa small living area. There is also an abundance of storage in the attic which is easily accessed from the upstairs.

This home has a boat dock with electric lift but more importantly an enclosed additional living space above the boat house which contains a full bathroom and small kitchenette. This type of structure is no longer allowed on the lake and has been grandfathered in. This space could easily be converted into something special adding tremendous value to the property and making it a great piece of Lake LBJ real estate.

If you are in the market for a large waterfront home on Lake LBJ, 238 Green Acres is a great option. The property was originally listed at 1.1 million a few years back and is now aggressively priced at $915,000. To schedule a private viewing or for more information about Real estate on Lake LBJ, call me at (512) 786-1515.

414 S. Shorewood Granite Shoals – $599,500

Posted by on 7-07-12 in For Sale, Granite Shoals, Lake LBJ Real Estate | Comments Off on 414 S. Shorewood Granite Shoals – $599,500

414 S. Shorewood is an awesome 3 bedroom, 2 bath home with 51 feet of wide open Lake LBJ waterfront. With 2151 spacious sq. ft. its impossible to find a better value in this price range on Lake LBJ. The home has a large living/dining area with floor to ceiling windows allowing for a perfect view of Lake LBJ. The kitchen has been completely renovated with new cabinets and stainless steel appliances. The large spacious bedrooms offer plenty of room for the family and guests.

This home is built of all sides rock and has a metal roof which means quality construction with very little maintenance needed. There is a covered porch which runs the length of the home and over looks the nice yard and water. The home has a full sprinkler system which pumps water directly from the lake which saves the home owner thousands of dollars each year. This home also has a large boat house with an electric lift and a waverunner lift as well. The deck boards of the boat house and fishing pier have all been recently replaced and stained.

414 S. Shorewood has a 2 car carport and an additional lot across the street which conveys in the sale,which contains a 2 car garage providing great storage. It is possible to construct additional living space on this lot however the buyer should verify this and all details mentioned about this home. If you are in the market for Lake LBJ real estate you should strongly consider 414 S. Shorewood. Listed at $599,500 this property offers tremendous value for the waterfront buyer.

To schedule a private showing or for more information on Lake LBJ real estate contact me today at (512) 786-1515. Click here for more pictures and photos : 414 S. Shorewood

What does constant level lake mean?

Posted by on 7-07-12 in Lake LBJ Real Estate | Comments Off on What does constant level lake mean?

Lake LBJ is defined as a constant level lake, which means that the water level remains relatively constant at all times of the year. When the Highland Lakes system was created it was established that Lake LBJ would be a constant level lake and thus the reservoirs or lakes before and after Lake LBJ are used to ensure these water levels are maintained. Using a series of dams, the LCRA is able to regulate the amount of water in each lake, ultimately holding Lake LBJ at a constant level.

When purchasing waterfront property it is very important to take this factor into consideration. Most lakes in Texas are not constant level which means that their water levels will fluctuate significantly with the drought conditions. In recent years many of the Texas lakes, such as Lake Travis have taken big hits due to the lack of rain and many waterfront property owners are left without water in front of their homes. Last summer, all public boat ramps on Lake Travis were closed and many parts of the lake were not navigable by water. However, constant level lakes like Lake LBJ remained constant and full of action all summer long.

Another advantage to waterfront real estate on a constant level lake is that it the water is typically accessible simply by walking out on one’s dock. Because water levels fluctuate so much on non-constant level lakes the boat houses and docks are typically floating and homes have to be built much higher than the water level to prevent flooding. This typically means that property owners must walk up and down many stairs to go from the water to their home and vice versa.

When buying Lake LBJ real estate it is important to understand the ins and outs of the lake and how its water levels affect real estate values. For more information on Lake LBJ real estate or for assistance with your Lake LBJ real estate search, call me at (512) 786-1515

Fill Property on Lake LBJ

Posted by on 7-07-12 in Lake LBJ Real Estate | Comments Off on Fill Property on Lake LBJ

If you are thinking about buying a house or some property on Lake LBJ, you might need to take into consideration fill property. When the lots were originally platted the land immediately next to the bulkhead or retaining wall actually belonged to the city or LCRA, this swath of land (usually about 12″ wide) is called fill property.

Most properties on Lake LBJ do not have an issue with fill property as the current or previous owners have already purchased it back from the city or the LCRA. However, in some instances the fill property will need to be acquired in order for a mortgage to be placed on the property by a perspective buyer. This is on a property by property basis, so you’ll need to check if it applies to the home or land you are looking at.

When purchasing Lake LBJ real estate it is vital to work with a real estate professional that is knowledgeable about Lake LBJ real estate and who can help you with proper due diligence. Give me a call at (512) 786-1515 for assistance with your Lake LBJ real estate search.