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.

24 Properties
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$13,500,000
Neighborhood: The Peninsula On Lake Lbj
6
Beds
5F11/2
Baths
6,002
Sq.Ft.
1978
Year Built
12
Days on Site
166039
MLS
Experience waterfront opulence on Lake LBJ's shores. This unique .85-acre island oasis offers 1,500 ft of pristine waterfront, gated in Horseshoe Bay. Cross your private bridge into luxury, where...
$10,250,000
Neighborhood: Lago Escondido
5
Beds
5F21/2
Baths
10,500
Sq.Ft.
2013
Year Built
74
Days on Site
165299
MLS
1512 Apache Tears, one of the finest properties in the Texas Hill Country, was designed by world-renowned architectural firm HKS Inc. who designed Cowboys Stadium and Globe Life Field. HKS Inc. has...
$6,275,000
Neighborhood: Horseshoe Bay W
6
Beds
6F21/2
Baths
6,252
Sq.Ft.
2019
Year Built
142
Days on Site
164443
MLS
A truly stunning waterfront contemporary home on Lake LBJ. Located on the gated peninsula of Matern Island. Stunning courtyard entry with walls of glass, waterfalls and fire features. East facing and...
$5,650,000
Neighborhood: Horseshoe Bay W
5
Beds
4F11/2
Baths
4,972
Sq.Ft.
2021
Year Built
21
Days on Site
165926
MLS
This custom built Jeff Jackson Home is one of a kind and is sure to impress! The builder paid attention to every detail in this home and it shows. When you walk into the grand living room you will...
$4,995,000
Neighborhood: Horseshoe Bay
5
Beds
7
Baths
5,824
Sq.Ft.
1986
Year Built
399
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...
$4,995,000
Neighborhood: Matern Island
5
Beds
5F31/2
Baths
5,284
Sq.Ft.
2023
Year Built
66
Days on Site
165405
MLS
Introducing 315 Matern Ct., a fabulous waterfront estate nestled in the exclusive gated community of Matern Island on Lake LBJ. This two-story, 5284 sq. ft. home features 5 bedrooms, 5 full baths and...
$4,900,000
Neighborhood: Applehead Islnd
4
Beds
5F11/2
Baths
6,002
Sq.Ft.
2023
Year Built
233
Days on Site
163270
MLS
Magnificent new construction, modern home located in the illustrious, and exclusive gate guarded community of Applehead Island. Boasting over 6,000 square feet of interior living space, this...
$4,900,000
Neighborhood: Blue Lake Est
5
Beds
4F11/2
Baths
4,764
Sq.Ft.
2019
Year Built
80
Days on Site
165250
MLS
Luxury Lake LBJ Waterfront Home with Remarkable Features! Welcome to the prestige Blue Lake Estates subdivision, where luxury living meets breathtaking lake views. This magnificent waterfront...
$4,875,000
Neighborhood: Horseshoe Bay P
5
Beds
5
Baths
5,649
Sq.Ft.
1999
Year Built
93
Days on Site
165053
MLS
LAKE LIVING AT ITS BEST! Live and entertain in this luxurious waterfront home at the end of Red Sail with a private, gated entrance. The location is prime with 330 ft of amazing open water between...
$4,250,000
Neighborhood: Applehead Islnd
5
Beds
6F11/2
Baths
5,354
Sq.Ft.
1985
Year Built
143
Days on Site
164434
MLS
Live your dream on Applehead Island, with a home that exudes sophistication. Newly renovated, including a new roof and HVAC in 2017, step through the entry to the open concept living, dining room,...
$4,100,000
Neighborhood: Horseshoe Bay P
4
Beds
4F11/2
Baths
4,450
Sq.Ft.
1996
Year Built
45
Days on Site
165655
MLS
Located on prestigious Lighthouse Drive with lake views from both front and back of the house. South facing on open water with views of the Yacht Club. Being sold fully furnished with few exceptions....
$3,995,000
Neighborhood: Applehead Islnd
6
Beds
7F11/2
Baths
5,080
Sq.Ft.
2007
Year Built
129
Days on Site
164632
MLS
In Horseshoe Bay's prestigious, gated Applehead Island, on the shores of Lake LBJ, enjoy lakeside living on safe, secluded water, where extensive outdoor living and a sparkling pool elevate the...

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