— Horseshoe Bay·Horseshoe Bay, TX 78657
Updated July 27, 2026
— Horseshoe Bay, TX 78657

Living in Horseshoe Bay.

A constant-level lake, four championship golf courses, and a Hill Country resort city an hour northwest of Austin.

Median Home Value
$639K
↓ -2.4% YoY
Days on Market
72 days
↓ -14% YoY
New Listings
71
↑ +24.6% MoM
Price Cuts
~20%
of active
— Market Snapshot · Updated Monthly

Horseshoe Bay Real Estate Market — July 2026

The median home value in ZIP 78657 was about $639K, down 2.4% year over year, with a median 72 days on market and roughly 20% of active listings carrying a price reduction. New listing volume rose in the month ending late July, and active inventory ranges from vacant lots near $23K to waterfront properties just under $10M. Lake LBJ, a constant-level lake, sat near 97.3% of its conservation pool over the same period.

Median Home Value
$639K
↓ -2.4% YoY
Days on Market
72 days
↓ -14% YoY
New Listings
71
↑ +24.6% MoM
Price Cuts
~20%
of active
Lake LBJ Full
97.3%
vs. full pool
— Where the inventory sits
Under $500K30%
$500K–$1M38%
$1M–$2M20%
$2M–$5M9%
$5M+3%
— Data & sources

Home value, days-on-market and price-reduction figures are ZIP-level (78657) from Prop:Metrics listing data; new-listing counts and the active price range are city-level from Texcella's Horseshoe Bay market insights for the period ending 2026-07-28. Lake levels are from Water Data for Texas (LCRA gauge data). Horseshoe Bay is a thin, low-volume resort market and no neighborhood-level series was available, so ZIP and city figures are used here — a few large waterfront closings in a single month can swing the medians by several percent. The price_distribution bands below are an approximation derived from the observed active-listing range and median value, not a published banded source.

As of July 27, 2026 · prop-metrics.com · texcella.com · waterdatafortexas.org
— Latest Market Report

Horseshoe Bay Market Report, July 2026: Buyers Have Room, the Lake Doesn't Move

Horseshoe Bay's median home value sits near $639K, down 2.4% year over year, with a 72-day median time on market and about 20% of active listings discounted. Meanwhile Lake LBJ held near 97.3% of conservation pool as Lake Travis swung from 85.5% to 100% full in a single month.

Median value down 2.4% YoY

ZIP 78657's median home value was roughly $639K in the latest reading, a 2.4% decline from a year earlier.

72-day median time on market

Down about 14% year over year, but still a pace that gives buyers time to evaluate and negotiate.

About one in five listings cut

Roughly 20% of active listings had already taken a price reduction, a direct signal of seller flexibility.

Inventory spans $23K to $10M

Active listings run from vacant lots near $23K to waterfront properties just under $10M, so a single median hides most of the story.

Lake LBJ stays at constant level

Lake LBJ held near 97.3% of its 825-foot conservation pool while Lake Travis moved from 85.5% to 100% full in the same 30 days.

Read the full July 2026 report →
— Lifestyle

What It's Like to Live in Horseshoe Bay

Horseshoe Bay is a resort city on Lake LBJ, about 45 to 50 miles northwest of Austin near Marble Falls. The city spans Llano and Burnet counties, and school zoning follows that county line: Llano ISD serves the Llano County side, Marble Falls ISD the Burnet County side. Lake LBJ is a constant-level lake in the LCRA Highland Lakes chain, held near its 825-foot conservation pool by releases from Lake Buchanan upstream and Lake Marble Falls downstream. Horseshoe Bay Resort operates four championship golf courses — Apple Rock, Ram Rock, Slick Rock and Summit Rock — plus a marina, yacht club, tennis and pickleball center, and a private jet center. The city is a designated Dark Sky Community. Access is via Texas 71 and RR 2147.

A constant-level lake

Lake LBJ is managed as a constant-level lake within LCRA's Highland Lakes chain, formed by Wirtz Dam. LCRA holds it near its 825-foot conservation pool using releases from Lake Buchanan upstream and Lake Marble Falls downstream. In late July 2026 the lake sat at roughly 824.6 feet, about 97.3% full.

waterfrontboatinglake-lbjlcra

Four championship golf courses

Horseshoe Bay Resort operates Apple Rock, Ram Rock, Slick Rock and Summit Rock. The resort also has a Whitewater putting course and a golf academy.

golfresort

Marina and yacht club

The resort marina offers boat charters and watersports, alongside resort pools, a beach and a playground. Lake activities are run through the Yacht Club.

marinaboatinglake-access

Tennis and pickleball

The Mouratoglou Tennis Center at Horseshoe Bay Resort operates tennis and pickleball courts with an on-site Baseline Pro Shop.

tennispickleballracquet-sports

Private air access

Horseshoe Bay Resort maintains a private jet center on site. Austin-Bergstrom International Airport is the nearest commercial airport, on the far side of Austin to the southeast.

aviationaccess

Dark Sky Community

Horseshoe Bay is a designated Dark Sky Community, and the city maintains outdoor lighting standards tied to that designation. The city also received the Texas Transparency Star Award for FY25 and its utilities department was named Best Tasting Water in Texas 2026.

dark-skyoutdoorscity
— Common Questions

Questions People Ask Most About Horseshoe Bay

Is Lake LBJ a constant-level lake?

Yes. Lake LBJ is managed as a constant-level lake within LCRA's Highland Lakes chain, held near its 825-foot conservation pool. In late July 2026 it sat at about 824.59 feet, roughly 97.3% full. LCRA maintains that level using releases from Lake Buchanan upstream and Lake Marble Falls downstream.

How does Lake LBJ compare to Lake Travis for a waterfront buyer?

Lake LBJ holds a steady level; Lake Travis is a storage reservoir that swings. Between late June and late July 2026, Lake Travis moved from about 85.5% full to 100% full. Lake LBJ sat at about 97.3% of its conservation pool in the same week, which is typical for a constant-level lake.

What do homes cost in Horseshoe Bay right now?

The median home value in ZIP 78657 was about $639K, down 2.4% year over year. Active listings run from roughly $23K for vacant lots to just under $10M for large waterfront properties. Roughly 20% of active listings had taken a price reduction. Median days on market was 72.

What are the POA and maintenance fees in Horseshoe Bay?

Horseshoe Bay's annual maintenance fee for 2026 is $360.99 per property in Horseshoe Bay Proper, North and South, and $866.52 in Horseshoe Bay West. Fees are payable January 1 in advance. Resort club memberships — golf, marina, spa — are sold separately by Horseshoe Bay Resort, not the POA.

Which school district serves Horseshoe Bay?

It depends on which county your address sits in. Horseshoe Bay straddles the Llano–Burnet county line: Llano ISD serves the Llano County portion, and Marble Falls ISD serves the Burnet County portion. Confirm zoning by address with the district registrar or the county appraisal district record.

How far is Horseshoe Bay from Austin?

Horseshoe Bay is roughly 45 to 50 miles northwest of Austin, next to Marble Falls. The usual route is Texas 71 west to RR 2147, which typically runs about an hour to downtown Austin. Austin-Bergstrom International Airport adds time from the southeast side.

What amenities does Horseshoe Bay Resort have?

Horseshoe Bay Resort operates four championship golf courses — Apple Rock, Ram Rock, Slick Rock and Summit Rock — plus a Whitewater putting course and golf academy. It also runs a marina with boat charters and watersports, the Mouratoglou Tennis Center for tennis and pickleball, Bayside Spa, and a private jet center.

Who is Jonathan Creath?

Jonathan Creath is a Real Estate Advisor with Kuper Sotheby's International Realty, part of Creath Partners, a family business his father Garry Creath founded in 1971. He holds an active TREC license (#547237) and works from the Hill Country Galleria office in Austin. Creath Partners markets Westlake, Lakeway, Lake Travis, downtown Austin and Tarrytown.

— Upcoming

What's Happening in Horseshoe Bay

annual

Beer By The Bay

Horseshoe Bay Resort's craft beverage festival, running August 7–8, 2026, with entertainment, food and drink on the resort grounds.

registration

Dutch Oven 101 at Inks Lake State Park

A hands-on Dutch oven cooking program at Inks Lake State Park, 9:00 a.m. to 1:00 p.m., listed on the Llano Chamber community calendar.

free

Horseshoe Bay Town Hall Meeting

City of Horseshoe Bay town hall for residents, announced on the city's official website.

annual

Llano Texas Music Fest

Two evenings of live Texas and Red Dirt music at Robinson City Park in Llano, September 25–26, 2026.

— Community News

What's New in Horseshoe Bay

Lakes & Water

Lake LBJ near full pool while Lake Travis swings back to 100%

Per Water Data for Texas (LCRA gauge data), Lake LBJ was reading about 824.59 feet in late July 2026 — roughly 97.3% of its 825.00-foot conservation pool. Over the same 30-day window, Lake Travis moved from about 85.5% full to 100% full, sitting just into its flood pool at 681.10 feet against a 681.00-foot conservation elevation. The contrast is structural, not seasonal: Lake LBJ is operated as a constant-level lake, while Travis and Buchanan are the storage reservoirs that absorb the system's swings.

City Government

Town hall set for Sept. 22; transportation plan and roundabouts project posted

The City of Horseshoe Bay has announced a town hall meeting for September 22, 2026, and has posted its Transportation Plan for public review alongside information on the ongoing roundabouts project. A Stage 1 watering schedule is currently in effect. City Hall functions operate from the City Center at 9101 W. FM 2147, and the city's utilities department was named Best Tasting Water in Texas 2026.

Property Owners

2026 maintenance fees set at $360.99 and $866.52

The Horseshoe Bay Property Owners' Association lists 2026 annual maintenance fees of $360.99 per property for Horseshoe Bay Proper, North and South, and $866.52 for Horseshoe Bay West. Both are up modestly from 2025, when the same categories were $351.50 and $843.74. Fees are payable January 1 in advance. Resort club memberships for golf, the marina and the spa are handled separately by Horseshoe Bay Resort and are not part of the maintenance fee.

— Begin a Conversation

Talk to Someone Who Knows Horseshoe Bay

Jonathan Creath

Jonathan Creath

Real Estate Advisor · Kuper Sotheby's International Realty

Creath Partners was founded by Garry Creath and remains a family business to this day — begun in Colorado Springs in 1971, grown in Lubbock, and brought to Austin in 1989.

(512) 406-1086jonathan.creath@sothebysrealty.com
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