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.

18 Properties
Page 1 of 2
$10,000,000
Neighborhood: The Peninsula On Lake Lbj
6
Beds
5F11/2
Baths
6,002
Sq.Ft.
1978
Year Built
9
Days on Site
160750
MLS
Welcome to one of the most distinctive waterfront properties on Lake LBJ. This .85-acre luxury island estate has it all, including over 1,500 feet of gorgeous water, 270-degree lake views and the...
$7,100,000
Neighborhood: Jonathons Cove
7
Beds
6F21/2
Baths
9,273
Sq.Ft.
2009
Year Built
15
Days on Site
154949
MLS
Jonathan Cove, Horseshoe Bay Resort estate on 351 feet of pristine Lake LBJ waterfront. Stunning panoramic views of Island and Lighthouse Drives to the northwest and The Peninsula to the northeast...
$6,750,000
Neighborhood: Applehead Islnd
5
Beds
5F21/2
Baths
5,000
Sq.Ft.
1999
Year Built
98
Days on Site
159473
MLS
Beautiful remodel inside and out. This jewel includes new pool, cool deck tile, guest boatslip, boathouse, outside grill, lovely landscaping, freshly painted home. Inside has wet bars upstairs and...
$6,650,000
Neighborhood: The Peninsula On Lake Lbj
5
Beds
5F11/2
Baths
5,359
Sq.Ft.
2014
Year Built
382
Days on Site
156081
MLS
Casa Cangelosi is like owning your own Resort! With beautiful open Lake vistas to the fabulous negative edge pool, hot tub and a kitchen cabana with cooker, pizza oven, & refrigerator. Electronic...
$6,255,000
Neighborhood: Lago Escondido
5
Beds
4F21/2
Baths
6,540
Sq.Ft.
2022
Year Built
258
Days on Site
157945
MLS
NEW BUILD - Lake LBJ - Horseshoe Bay - Lago Escondido: 5 bedroom, 7 bath, 6,540 sqft home by Zbranek & Holt Custom Homes. This property has the 2nd most Water Frontage available in Lago Escondido at...
$6,200,000
Neighborhood: Applehead Islnd
5
Beds
5F21/2
Baths
6,334
Sq.Ft.
1996
Year Built
204
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...
$5,800,000
Neighborhood: Jonathons Cove
5
Beds
5F11/2
Baths
5,876
Sq.Ft.
2007
Year Built
111
Days on Site
159349
MLS
Welcome to 5324 FM 2147 where you will savor exceptional luxury living on the shores of Lake LBJ. The 5,876 square foot home offers 136 feet of waterfront, features 5 bedrooms, 5.5 baths and is...
$5,195,000
Neighborhood: Deer Haven
7
Beds
8
Baths
9,500
Sq.Ft.
1985
Year Built
107
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...
$5,100,000
Neighborhood: Horseshoe Bay P
5
Beds
5F11/2
Baths
5,142
Sq.Ft.
2016
Year Built
34
Days on Site
160414
MLS
Lake LBJ Waterfront (200+ feet) 5,000sq ft 5 Bedroom 6 Bath Parade Home in the Heart of Horseshoe Bay; hard to beat proximity to club, hotel, whitewater putting, and marina. This double lot, half...
$4,900,000
Neighborhood: Matern Island
5
Beds
5F31/2
Baths
5,284
Sq.Ft.
2022
Year Built
62
Days on Site
159959
MLS
New build on Matern Island coming soon from Mike Hollaway Custom Homes. Exceptional Lake LBJ waterfront home will rest on a protected channel in the exclusive gated community of Matern Island, just...
$4,250,000
Neighborhood: Horseshoe Bay P
4
Beds
5F11/2
Baths
4,652
Sq.Ft.
2008
Year Built
156
Days on Site
158864
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...
$4,200,000
Neighborhood: Applehead Islnd
5
Beds
6F11/2
Baths
6,934
Sq.Ft.
2002
Year Built
218
Days on Site
157872
MLS
Beautiful, Recently Upgraded! 6,934 sqft Lake LBJ Estate. Perfect for family fun and lakeside living Applehead Island style. It has a 3 car garage with 2 electric car charger outlets. With 5 bedrooms...

Post a Comment