The Lake LBJ Real Estate blog
Lake LBJ Quick Facts
If it isn’t obvious I am extremely passionate about Lake LBJ Real Estate. I have spent hours and hours, honing my craft but I will never stop learning because I want to always be a wealth of knowledge for the clients we serve. I love sharing this information because it helps others make sounds decisions based on good information from a local source. If we can help you buy, sell or own waterfront property on Lake LBJ please reach out. Otherwise enjoy the Lake LBJ Quick Facts below:
Lake LBJ
Lake area –6,432 acres
Elevation when full – 825 feet msl
Volume when full – 131,618 acre-feet
Historic high – 836.2 feet msl on Sept. 11, 1952
Historic low – 793.8 feet msl on Nov. 16, 1970
Target operating range – 824.4 to 825 feet msl
Dimensions – 21.15 miles long and 10,800 feet at widest point
100-year flood level at dam 828.1 feet msl
Original name: Lake Granite Shoals
Max Depth: 90 ft
**Information gathered from the Lower Colorado River Authority website (LCRA.org) and TPW website
Eric Carvajal
Real Estate Broker / LBJ Expert
(512) 786-1515
Eric
CarvajalGroup
com
TREC # 0509980
Property Tax Rates Around Lake LBJ
As values around Lake LBJ and Texas in general, Property Taxes have come more and more into focus. While the property Tax Rates on Lake LBJ vary from community to community, they are for the most part lower than what you will find in major Texas cities. Before you purchase a property make sure you have a good understanding of the property tax liability and how it might change upon purchase. I typically recommend budgeting for property taxes as if the value were to be bumped up to the price you paid. While this is a worst-case scenarios it gives a good conservative estimate as to what to expect. Remember the current tax amount is based on the current appraisal value, but that value is changing every year AND often times gets re-evaluated each time a property sells.
Below is a list in order from lowest to highest property tax rates around Lake LBJ so you can know what to expect. * Be sure to confirm these rates on your own *
- Oak Ridge/ Sandy Harbor – %1.354
- Sunrise Beach – %1.396
- Kingsland – Llano Side – %1.43%
- Wilderness Cove – %1.455
- shady acres – %1.52
- Horseshoe Bay – %1.524
- Blue Lake / Deerhaven – %1.547
- Highland Haven – %1.58
- Kingsland – Burnet Side – %1.71
- Granite Shoals – %2.023
As you can see there is quite a bit of discrepancy from the lowest to the highest property tax rate on Lake LBJ but keep in mind that the accuracy of the appraised values matters as well. If appraised values in a particular community are more inline with market value, tax rates in those areas should be lower. Granite Shoals has its own police and fire station and also pays into the school district which is why their tax rate is much higher than adjacent communities.
Follow along for more Lake LBJ Real Estate Tips and/or reach out with questions surrounding Property Tax Rates on Lake LBJ or anything else please reach out at (512) 786-1515. Thanks for reading!
Eric Carvajal
LBJ Expert, Broker
(512) 786-1515
7 Questions to Ask When Buying on Lake LBJ
Buying a home on Lake LBJ is not to be taken lightly. There are many intricacies specific to waterfront property that you must pay attention too if you want your investment in Lake LBJ Real Estate to pay off. Making sure you are represented by someone that knows Lake LBJ, understands the market, and can help you understand all aspects of waterfront living is critical to making a wise investment, that you will enjoy for many years to come.
Below are 7 Questions to Ask when Buying on Lake LBJ:
- What direction does the Home and Property Face?
- How Deep is the Water off the dock?
- Is the boat house made of wood or steel?
- What size boat can I fit in the dock? Does it have clearance for a tower or bimini top?
- Does the Neighborhood allow Short-Term Rentals (STR)?
- Is the property serviced by Septic or a Sewer System?
- What is the property tax rate?
Asking these 7 questions before you make a decision to buy a specific piece of Lake LBJ Real Estate will really help you make a good investment that you will enjoy. For more tips on buying waterfront property on Lake LBJ or for Expert representation please reach out at (512) 786-1515
Eric Carvajal
LBJ Expert / Real Estate Broker
4 Reasons to Consider Building on Lake LBJ
Many buyers that I work with on Lake LBJ often tell me that they flat out, are not interested in building new. Buyers typically are looking for a move-in ready option that they can start enjoying instantly. For this reason vacant lots are often times overlooked. Below are 4 reasons why I believe you should consider building your dream home on Lake LBJ.
- Get the home you want on the lot you want – rather than settling for something less than perfect wouldn’t it be nice if you could choose your homesite and then build a home, exactly the way you want it?
- New homes are more efficient and typically come with less headaches – those old cabins you find around the lake are very old, inefficient and can sometimes be maintenance headaches as things begin to fall apart over time
- Get the same house or better, on a similar lot or better, for the same, or even less money – How could this be? Remember most buyers want a turn-key option and will pay a premium for Lake LBJ real estate that is move-in ready.
- Instant Equity – New houses on good water are extremely hard to come by and are rarely available because they are NEW and the current owners use them. Because of the premium paid for a move-in ready home there is lots of instant equity available for those that will go through the building process.
I have successfully walked many clients through the home building process on Lake LBJ and I would love to help you. Lets chat!
Hidden Sand Bars Beneath the Surface of Lake LBJ
With Spring Break just around the corner and the warmer weather moving into the Lake LBJ area I felt it was appropriate to remind everyone of the dangers associated with playing on the lake and how there are many hidden Sand Bars just beneath the surface of the water. The last time the Lower Colorado River Authority (LCRA) lowered Lake LBJ 4 feet we sent our drone crew out to capture some of these hidden obstacles. Keep in mind the fact that these Sand Bars can fluctuate in size and location and are constantly changing with the current and flow of the water in Lake LBJ. Check out some of the pics we captured. If we can help you buy, sell or own Lake LBJ Real Estate please reach out. We know Lake LBJ!
My Favorite Bunkrooms on Lake LBJ
Bunkrooms are always a hit on Lake LBJ, except to the person responsible for making the bed and changing the sheets! Bunkbeds are a great way to add sleeping capacity while also creating a cool “Lake Vibe” in your Lake LBJ home. Its common for homeowners to take a secondary living space or oversized bedroom and create a full on Kid Zone. Here are a few of my favorite Bunkrooms on Lake LBJ. If we can help you buy, sell or own Lake LBJ Real estate please reach out anytime. Thanks for reading.
Tuscan Villa on Lake LBJ
I’ve never been a big fan of Tuscan but this new offering on Lake LBJ has completely changed my mind. While I do not want to get into all the details right now, I can’t wait but share a few exterior shots we captured at twilight. This incredible waterfront estate is in a class of its own and would make the ideal primary residence or second home retreat with plenty of room to spread out and enjoy family friends and guests. Qualified buyers reach out for more information on this incredible piece of Lake LBJ Real Estate or give me a call at (512) 786-1515 to schedule a private showing. This property is not currently listed in MLS but is available as a private listing.
Coming Soon: Dream Kitchen on Lake LBJ
How is this for a dream kitchen on Lake LBJ? We have a new listing on Lake LBJ coming soon and it is already getting some major attention because the kitchen is absolutely incredible. This property is not currently listed for sale but is available for sale. Here are a few pictures so you can see what all the hype is about. If we can help you buy, sell or own Luxury Real Estate on Lake LBJ, or if you are interested in more information on the property shown give us a call!
Open Concept Living on Lake LBJ
For me, living the Lake Life on Lake LBJ is all about gathering with family and friends and enjoying God’s creation. Having a waterfront home on Lake LBJ that is suitable to entertain all those that are important to you should be on your list of “Must Haves”.
Our newest listing on Lake LBJ is a 4 bedroom, 3 bath, fully-renovated, single-story home on some of the biggest waterfront you will find anywhere on the lake. What I love most about this home is the Open Concept Living that it offers, unlike anything I have seen. Words cannot describe just how big and open this room really feels in person. Kitchen, living, dining, gathering, all under tall vaulted ceilings with a wall of windows looking out onto the open water of Lake LBJ. This setup is truly something special. Take a look at the pics below and let us know what you think. This property is not currently listed in MLS but is available. Qualified buyers, looking for prime, Lake LBJ Homes for sale reach out at (512) 786-1515 to learn more.
Short Term Rentals. Good or Bad?
Short Term rentals have been a hot topic of contention in the last few years, even more in the last few months, as real estate investors have been buying up good real estate in highly desired communities to offer them out for rent on a nightly basis. Proponents say this is a great way to cover holding costs and earn a return on “second home” type properties that are normally vacant for most of the year. Critics argue that these nightly rentals ruin communities by increasing transient traffic and push locals farther out.
As a productive Real Estate Professional and an active real estate owner and investor I believe in Property Rights and the need to protect them. I never like to see rule changes after someone has invested in a property, many of which rules are pushed through by a small number of active residents. I also believe there is a big misconception surrounding the type of people that typically rent homes out on a nightly basis but due to a few bad apples the “Bunch gets spoiled”. Lastly, most, if not all communities that do allow short term rentals also have nuisance laws in place but rarely do concerned residents take the proper steps to correct the issue. Instead they cope with the disturbance and it goes unreported.
When buying Lake LBJ Real Estate it is important to first decide if the ability to short-term rent is important to you. You may ask yourself questions like:
- Do I want to rent now?
- Will I want the option to rent in the future?
- How would I feel if my neighbor was renting their home out?
Answering these simple questions at the beginning of your search will really help you narrow your search and focus on communities that meet your needs. If you decide to pursue a property that is a rental you need to pay close attention to waste water system. Is it on septic vs sewer? We prefer an actual sewer system that moves the waste off site as opposed to a septic system that leaches everything on site. With large groups, and non-consistent use, these rental days can stress the septic systems out and cause big problems. Guests also tend to dispose of items that are bad for the system which will damage that septic system over time. Before you panic, many successful rental properties use convention or aerobic septic systems and do just fine, so long as they are properly maintained to ensure functionality and guests are informed on proper usage.
I also recommend paying close attention to HOA rules as well as deed restrictions that may be specific to your property and uncovered only by careful review of your title commitment. Understanding how these short-term rental rules might change in the future is important to understand before you make a long-term financial commitment.
Buying and selling waterfront property on Lake LBJ is no easy feat. We recommend engaging a Local Expert that is active in the Lake LBJ Real Estate market to help you understand what you are buying and avoid costly mistakes. Reach out if I can be of assistance!
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