Horseshoe Bay Texas is a city in Burnet and Llano Counties of Texas. Prior to its incorporation in September 2005, it was a census-designated place (CDP). The CDP population was 3,337 at the 2000 census. The 2010 census put the population at 3,418.With a legacy of expertise in the luxury real estate market, Tom Ashworth is the best choice you can make when purchasing property at this exclusive lakeside destination featuring some of Texas ’s finest properties. He is active in the community, has insider knowledge of all the premier properties and neighborhoods. Through unparalleled service, expertise and knowledge, Tom Ashworth is poised to guide you effortlessly through your purchasing journey.
The retirement and resort community of Horseshoe Bay Texas joins the waterfront homes on Lake LBJ in central Texas. Within striking distance of another picturesque spot Lake Marble Falls, Horseshoe Bay offers itself as a beautiful place where you can plan to start a business or buy/build a home at prices that are affordable considering current market conditions. With Austin, the state capital in close proximity, many residents also commute to work and that provides a diverse community in this beautiful location. The lean population and clean surroundings with abundant nature all around is a major factor that attracts home buyers to Horseshoe Bay Property, Texas and the Lake LBJ waterfront homes.
In tune with the national trend, the real estate prices in the area continue to be affordable and pegs lower compared to prices prevailing a year ago. However, if you compare the current prices with those prevailing in 2000, you will notice that the prices have appreciated by nearly 70%. Similar homes in the neighboring Austin city are priced significantly higher and this is another reason why many people including those currently working in Austin are considering relocating to Horseshoe Bay Property, Texas and the waterfront homes on Lake LBJ. Horseshoe Bay Texas is also home to one of the finest golf courses built by the renowned golf course architect Robert Trent Jones Sr. HSB has also added various other facilities like an equestrian centre, diving/swimming pool with unique hot tub whirlpool Spa, Conference center and Yacht club making it a perfect vacation destination.
Norman Hurd and Wayne Hurd are credited with the initial vision to develop Horseshoe Bay around the early 1970s. The power plant plans of the LCRA (Lower Colorado River Authority) did pose some challenges to the Hurds though they successfully overcame the hurdles to present Horseshoe Bay Texas as it exists today. A rusty horseshoe that the Norman and Wayne found at the lake bottom lead to the community being named Horseshoe Bay and this horseshoe is preserved in Wayne’s office. Horseshoe Corporation formed by the Hurds is the leading real estate brokerage in the area today.
Horseshoe bay sits between Llano county and Burnet county on the shores of lake Lyndon B Johnson about 42 miles off Austin and spreads over approximately 24 sq.miles. At about 3100, the population is lean offering plenty of clean air and ample lung space with abundant nature all around.
Horseshoe Bay is located at 30°32′41″N 98°22′06″W (30.544814, -98.368428). It is located in both Burnet County and Llano County on the southern shore of Lake Lyndon B. Johnson. This is about 23 miles southeast of Llano and 42 miles northwest of Austin.
According to the United States Census Bureau, the CDP had a total area of 26.7 square miles (69.1 km2), of which, 23.4 square miles (60.5 km2) of it is land and 3.3 square miles (8.6 km2) of it (12.48%) is water.
As of the censusof 2000, there were 3,337 people, 1,623 households, and 1,186 families residing in the CDP. The population density was 142.8 people per square mile (55.1/km2). There were 2,773 housing units at an average density of 118.7/sq mi (45.8/km2). The racial makeup of the CDP was 96.22% White, 0.33% African American, 0.24% Native American, 0.78% Asian, 1.47% from other races, and 0.96% from two or more races. Hispanic or Latino of any race were 4.29% of the population.
There were 1,623 households out of which 11.6% had children under the age of 18 living with them, 68.5% were married couples living together, 2.8% had a female householder with no husband present, and 26.9% were non-families. 24.0% of all households were made up of individuals and 12.1% had someone living alone who was 65 years of age or older. The average household size was 2.06 and the average family size was 2.37.
In the CDP the population was spread out with 10.6% under the age of 18, 3.4% from 18 to 24, 15.0% from 25 to 44, 36.2% from 45 to 64, and 34.8% who were 65 years of age or older. The median age was 58 years. For every 100 females there were 95.7 males. For every 100 females age 18 and over, there were 95.7 males.
The median income for a household in the CDP was $54,073, and the median income for a family was $65,324. Males had a median income of $39,375 versus $23,019 for females. The per capita income for the CDP was $36,254. About 5.8% of families and 6.1% of the population were below the poverty line, including 9.2% of those under age 18 and 4.7% of those age 65 or over.
The median income for men in this region is around $40,000 while it is about 23,000 for women. The per capita income for the CDP is about $37,000. The median age of the residents of Horseshoe Bay is 60 plus. Service professionals, particularly sales personnel formed a major chunk of the residents in Horseshoe Bay with many of them commuting to Austin for work.
Real Estate Market Statistic Summary
Most homes (about 60%) in the Horseshoe Bay area are relatively large and between 1800 and 3600 square feet and about 50% of the homes were built prior to 2000. The median value per square feet is about $222 and the median sale price in recent times stood at $330¸000. The average property tax in this region is at about 1% translating to about $2,700 with houses free from mortgages enjoying a marginal discount.
Though the nationwide real estate scene continues to experience difficulties, Texas economy remains buoyant and home prices in Horseshoe Bay or the Lake LBJ waterfront homes have shown great resilience and the owners who have listed their homes for sale have not exhibited any distress signals. The unique advantages of this small but vibrant community are therefore expected to attract more and more home buyers in the coming years.