5 Tips for Buying Waterfront Property

5 Tips for Buying Waterfront Property

Buying a lake house in Texas Hill Country is a dream for many people, and it's easy to see why. With rising demand, it's sure to be a wise investment in the long run, and in the immediate future it will allow you to curate your ideal lifestyle. Before beginning the search for your dream lake house, check out these 5 tips for buying a waterfront property you won't regret.

1. Choose the right lake

The first step is making sure you have found your ideal location. Texas Hill Country is filled with gorgeous lakes, each offering a unique personality. Decide which lake is right for you by exploring our profiles of some of the major lakes in the area, like Lake LBJ, Lake Marble Falls, Inks Lake, and Lake Buchanan. If possible visit each of them, too, in order to get a feel for the area and which one is your ideal fit.

Make a wish list for your lake house. Do you have a boat in mind that it needs to accommodate? What kind of water sports and fishing do you enjoy? Is having a private dock in your back yard important to you? By imagining your lake house lifestyle and writing down your wish list, you can more easily narrow down your ideal Texas Hill Country location.

2. Inspect carefully

Before putting in an offer, do a throughout visual inspection of the house. Water can be hard on a building, especially as humidity takes its toll on wood and metal. We always recommend hiring a reputable professional inspector during the escrow process, as well, but even before doing so take your time to look over the house yourself. You may be able to spot red flags like rust and softening wood.

Wear and tear from being near the lake is normal, and not necessarily a deal breaker. However, being aware of impending repairs will allow you to be financially and mentally prepared for upcoming projects if you do buy the home.

3. Walk the property

When you go to the showing, walk the property. Figure out how easily accessible the water is. Even if you can see the water from the windows, walking down to the lake may be complicated. Decide whether you will quickly want to make changes like building a pathway to a dock or construction retaining walls. These can be costly renovations that you will want to keep in mind to make sure you find the right property for you.

4. Get an insurance quote

Buying a lakefront home will require more insurance than you may be used to with your existing home. Increased flood risks and other factors may cost more than you anticipate, so be sure to get a quote to avoid sticker shock after getting into escrow.

The best way to make sure you are getting the coverage you need for the right price is to get multiple quotes from insurance agents who have experience insuring lake front properties.

5. Work with an experienced agent

Buying waterfront property in a popular vacation destination can be complex, with a variety of factors that differ from other real estate markets. The best choice you can make is working with an agent or team of agents that know the area and understand the local market.

When working with your agent, communicate your wish list and how you plan to use the property. For example, if you are in search of a vacation home that you plan to list as a short term vacation rental when you aren't using it, your search will differ to exclude communities that require only the homeowners and their friends and family to stay in the home.

To learn more about finding a dream home on a Texas lake, contact our office. We have the friendly and professional team of experienced experts you need, and we are ready to help welcome you home.

13 Properties
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$12,995,000
Neighborhood: Applehead Islnd
6
Beds
6F31/2
Baths
10,521
Sq.Ft.
2003
Year Built
58
Days on Site
162172
MLS
Nestled on a meticulously landscaped lot on a private cul-de-sac within the gates of exclusive Applehead Island, this exceptional Horseshoe Bay waterfront estate blends magnificent design with...
$6,500,000
Neighborhood: Escondido
5
Beds
5F11/2
Baths
5,770
Sq.Ft.
2023
Year Built
120
Days on Site
161434
MLS
This exquisite home fits into the Mediterranean Farmhouse style with a bit of a transitional flair and large volume indoor rooms and spaces, lots of glass, with remarkable outdoor living areas of...
$5,750,000
Neighborhood: Applehead Islnd
5
Beds
5F21/2
Baths
6,334
Sq.Ft.
1996
Year Built
363
Days on Site
158443
MLS
Come to one of the finest waterfront homes on Lake LBJ. This lovely home was built in 1996 but totally gutted in 2006 By Turrentine Properties. The many patios and expansive floor plan is perfect for...
$5,650,000
Neighborhood: Applehead Islnd
5
Beds
5
Baths
5,200
Sq.Ft.
1992
Year Built
155
Days on Site
160930
MLS
You won't want to miss this house with HUGE water on Lake LBJ in beautiful Horseshoe Bay on coveted Applehead Island! The owner completely remodeled this house, adding both interior and exterior...
$4,995,000
Neighborhood: Horseshoe Bay
5
Beds
7
Baths
5,824
Sq.Ft.
1986
Year Built
100
Days on Site
161701
MLS
106 Bunny Run on Lake LBJ is a unique offering with so much potential. Situated on 2 open water lots with 192' of stunning north facing waterfront overlooking Lighthouse Drive. The lake house...
$4,700,000
Neighborhood: Deer Haven
7
Beds
8
Baths
9,500
Sq.Ft.
1985
Year Built
266
Days on Site
159378
MLS
Gorgeous one-of-a-kind French country Lakehouse. Beyond quality & expectations! Stunning double iron doors are flanked by antique wood doors from a Mexican church in San Miguel DeAllende. Slate...
$4,250,000
Neighborhood: Horseshoe Bay P
6
Beds
6F21/2
Baths
4,464
Sq.Ft.
1994
Year Built
14
Days on Site
162569
MLS
Located in core area of Horseshoe Bay along the beautiful shores of Lake LBJ, this estate home defines luxury and style. Featuring 6 bedrooms, 6 baths, 2 half bath and 4464 sq ft with a great open...
$3,995,000
Neighborhood: Horseshoe Bay P
4
Beds
5F11/2
Baths
4,652
Sq.Ft.
2008
Year Built
142
Days on Site
161105
MLS
Live and entertain in luxury at 907 Red Sails, a stunning waterfront home located in the very heart of Horseshoe Bay. An open floorplan and multiple outdoor spaces encourage entertaining and...
$3,995,000
Neighborhood: Horseshoe Bay
4
Beds
5F11/2
Baths
4,061
Sq.Ft.
1995
Year Built
75
Days on Site
162002
MLS
Uniquely private, gated sanctuary in prestigious Horseshoe Bay features magnificent water views from virtually every room and offers .52 acres and almost 400 waterfront feet of glorious outdoor...
$2,395,780
Neighborhood: Hidden Coves
4
Beds
4F11/2
Baths
3,004
Sq.Ft.
2022
Year Built
134
Days on Site
161224
MLS
If owning a lakefront property is your dream, then look no further than this luxury 1-story home located in a private cove-front, gated 9 lot community. This beautifully designed Transitional home...
$2,100,000
Neighborhood: Horseshoe Bay P
3
Beds
3
Baths
3,367
Sq.Ft.
1997
Year Built
47
Days on Site
162301
MLS
Lake LBJ Waterfront: Experience seamless indoor-outdoor living tucked among the live oaks, resting on two serene lots, where the pool's dancing fountains and swaying palms are steps away from the...
$1,765,250
Neighborhood: Horseshoe Bay P
3
Beds
4
Baths
2,611
Sq.Ft.
1980
Year Built
40
Days on Site
162355
MLS
Lake LBJ Lake house in the Heart of Horseshoe Bay. Boat Slip with lift & 2 watercraft slots come with this updated & beautiful home. Located just steps from the Hotel, Spa & Yacht Club this home is...

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