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Residential Waterfront Estate Lot

Overlook Parkway lot 118 Horseshoe Bay, TX 78657

Claim this Listing
For Sale
$995,000

LAND - Horseshoe Bay, TX

Lot size:
5.05 Acres
Added:
Apr 20, 2026
Days on Market:
83
Last Refresh:
Jul 11 at 5:06 pm

Property Features for Overlook Parkway lot 118

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
063921
Lot size
5.05 Acres

Taxes and HOA fees

Tax Description
THE TRAILS OF LAKE LBJ PHASE THREE LT 118 5.050 AC

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

Listing agent Robyn Walsh License #0609888

Listing office Robyn Walsh, Broker 9712 RM 2147 Suite 102, Horseshoe Bay, TX

Listing date Apr 20, 2026

MLS# 177589 Listing URL

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Rare opportunity to own a 5.05-acre estate lot in the Trails of Horseshoe Bay, offering room for privacy, beauty, and a residential build with equestrian flexibility. The property is largely surrounded by wet weather creeks and features mature oak trees throughout. Previous owner improvements include clearing and leveling, as well as the addition of a gravel road with a culvert, leaving the site prepped for a hill country dream home.

The Trails community is described as a nature-focused setting with over 500 feet of waterfront common area exclusively for property owners. Residents enjoy access to miles of secluded hiking paths and horse riding trails, along with an equestrian center, playground, and first-class clubhouse. The community also offers a private marina with covered boat slips and is set among 300 acres of wildlife preserve. The property is noted as having direct access to Lake LBJ, and the gated community is approximately 45 miles northwest of Austin.

This is well-suited for buyers seeking acreage living without the scale of owning a traditional ranch, while still enjoying waterfront-oriented recreation. The combination of existing site improvements, natural tree cover, and the ability to keep horses on the lot makes it a compelling option for an owner-builder planning a private, long-term residence.

Key Highlights

  • Rare 5+ acre estate lot with the ability to keep horses and direct access to Lake LBJ.
  • Prepped for building: cleared/leveled with gravel road and culvert already in place.
  • Access to 500+ feet of waterfront common area exclusively for property owners.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

What type of property is this?
Residential land & home lot - 5+acre estate lot in a gated community with direct Lake LBJ access and space for horses.
Where is this residential land & home lot located?
The property is located at Overlook Parkway lot 118 Horseshoe Bay, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Rare 5+ acre estate lot with the ability to keep horses and direct access to Lake LBJ.; Prepped for building: cleared/leveled with gravel road and culvert already in place.; Access to 500+ feet of waterfront common area exclusively for property owners.
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