A great way to invest in Lake LBJ Real Estate in the current market is to buy a waterfront lot.  Under current market conditions buyers are anxious to be at the lake, don’t want to wait to deal with the “headaches” associated with building a house and will pay a premium to buy a move-in ready house. For that reason, waterfront lots are hard to sell and can often be bought right due to their illiquidity.  Rather than inheriting an old cabin and trying to remodel it to your liking, isn’t it better to buy a blank slate and not overpay for improvements you don’t want?  I definitely think so.

Building is actually much easier than most think and is a great experience to go through with your partner and/or family members.  I have great contacts and recommendations that can de-risk the building process and make it a pleasant experience.  And when you build your own home you can get exactly what you want at a price that you want based on your design selections.  If done right you should be able to buy a lot and improve it to a point at which it will fetch more on the open market than it cost you to build.  That’s called development.

My advice to those who can be patient – stop chasing what everyone else is chasing and create your own getaway on Lake LBJ.  Hit me up for more information on Lake LBJ real estate or to start shopping for a waterfront lot on Lake LBJ today.

47279938 – word sale in fire.

Its not very often that screaming deals come available on Lake LBJ.  In fact, in the last few years there has been such a large amount of growth in the region that waterfront homes and lots on Lake LBJ are actually quite scarce.  That being said, every once in a while there is a piece of low hanging fruit that presents itself and if you like to invest or simply want a great buy on Lake LBJ Real Estate you must act fast.  2504 Fredwoods is a unique opportunity to own 2.5 acres along the Colorado arm with approximately 67 ft of waterfront along one of the widest parts of Lake LBJ.  This choice piece of property is currently divided into 7 total lots and because these 7 lots make up the neighborhood in its entirety there are very few restrictions or limitations.  The current owner purchased the property in May of 2016 for $515,000 and due to a financial situation needs to liquidate the property and is currently offering it at $425,000 for a quick sale (Fire Sale on Lake LBJ).  If you or someone you know is looking for an investment opportunity or a place to build your dream waterfront home, this is an opportunity worth looking into.  For more information on Lake LBJ Real Estate or to schedule a viewing contact me at (512) 786-1515.

Check out this prime piece of Lake LBJ Real Estate. 232 Green Acres is one of the prettiest lots left on Lake LBJ and with over 113 feet of waterfront you will not find a better value in this price range. Green Acres is one of the nicest streets in Granite Shoals and is home to multiple million dollar + homes on the street. In fact the neighboring properties each have a market value of over 1 million and a recent sale two houses down at 224 Green Acres was recently listed at $1,775,000 and went pending in 17 days on the market. It has not closed as of the date of this post

The lot has an existing, steel constructed boat house which has a “Grandfathered” bathroom which is no longer allowed on Lake LBJ. The current owners use the storage and bathroom as a place to stay for the weekend. In my opinion this structure has a value of approx. 50k and has a boat slip and wave runner ramp with electric lifts.

The lot also has an existing septic system on the property.

We priced this lot at $500,000 and based our value on the finish value of a home that one could build. Of course I know that any buyer that would risk their cash and purchasing power, and go through the design and build phase would want some equity on the final product and that is factored in to our price.

If you are interested in learning more about this waterfront lot on Lake LBJ or for assistance purchasing or selling Lake LBJ real estate, contact me at (512) 786-1515.