Residential Waterfront Estate
For Sale
$995,000
Overlook Parkway lot 118, Horseshoe Bay, TX 78657
LAND - Horseshoe Bay, TX
Property SizeContact for details
Lot Size5.05 Acres
Days on Market113
Property Features for Overlook Parkway lot 118
General Information
Property type
Land
Property subtype
Other
Subdivision
Trails of HSB
Elementary school district
Llano
Middle school district
Llano
High school district
Llano
Directions
From Hwy 71 and CR 2831, Proceed North on 2831 to the Trails Entrance Left on Overlook Pkwy, Continue past Alexis Lane and Kelly Lane, lot is 3rd entrance on the cul de sac between the two entries.
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
Legal 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 Agency:
Robyn Walsh, Broker
(512) 470-5517
Listed By:
Robyn Walsh · License #0609888
(512) 470-5517
Added: Apr 20
Changed: Jun 16
Last Checked: Aug 10 at 11:06AM
MLS# 177589
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.
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
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 78657, TX
6,531
Population
5,272
Households
1.2
Avg Household Size
60
Median Age
47%
College-Educated
96%
High-School Grad
38.8 sq mi
ZIP Area
168
Density / Sq Mi
$93,699
Median Household Income
$39,907
Median Earnings
$1,406
Median Rent
$470,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
