Lake LBJ is one of the most sought-after lakes in Texas. Located just outside of Austin, Lake LBJ offers a stunning view of the picturesque Texas Hill Country landscape and an array of activities for residents to enjoy year-round.
The lake is an artificial reservoir located on the Colorado River. The lake is named after Lyndon B. Johnson, a former US president and a native Texan. It is considered one of the most beautiful lakes in Texas and attracts thousands of visitors yearly.
People relocate to Lake LBJ for its beauty and convenience. The lifestyle of residents living in Lake LBJ is gratifying and relaxing. They can enjoy boating, fishing, kayaking, and many other activities available at their doorstep. The coveted location offers an excellent opportunity for investment properties and primary residences because it has such high demand from buyers all over the country.
In addition to its natural beauty, many luxury homes are built right along the shoreline. The beauty and luxury of these waterfront homes have made them highly desirable to many homeowners looking for an escape from city life while still having access to all the amenities they desire. But before you decide to move to Lake LBJ, there are eight things you should know about before signing a purchase agreement on your new home.
Understand the property value
There is no need for alarm when speaking about flood insurance. In fact, the majority of homes near lakes do not experience flooding due to rising water. However, it is always better to be safe now than regretful later. Flood insurance is usually required by lenders. Still, it's a good idea to do your due diligence to understand what your specific property needs for comprehensive protection. Flood insurance costs vary significantly from home to home. Elevation certificates can also be tricky to understand, so make sure you take the advice of an expert.
Lake floor composition
Distance from water
Shoreline ownership can considerably impact your ability to enjoy your new lakefront home. If your neighbor or someone else owns the land along your side of the lake, you won't be able to use it as much as if it were yours. For example, if there's a dock on that land, it might not belong to you and your family. Instead, it could belong to someone else who has permission from your neighbor to use it whenever they want. That means that even though technically you live on a lake and have access to water activities like fishing or boating, they may not be readily available without the permission of the valid owner to access the shore and docks.
FEMA code compliance
If you're looking for luxury homes for sale on Lake LBJ, Landmasters Real Estate is the team to call. LandMasters Real Estate agents will help you navigate the process of finding your dream waterfront home, and we'll be there every step of the way. If you have any questions or want more information about the houses for sale on Lake LBJ, please don't hesitate to contact us today.