— bed, — bath on 5.30 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $1,000,000. Llano ISD.
About This Home
Discover Lot 120 in The Trails of Horseshoe Bay—a rare 5-acre estate homesite offering privacy, natural beauty, and a true Hill Country experience. This exceptional property is uniquely tucked into a mature forest of oak and hardwoods, with beautiful rolling terrain that gently slopes down to a scenic wet-weather creek. The acreage allows you to create a complete estate—whether you envision a main home, garages, guest casitas, pool house, barn, or workshop—or simply start with your primary residence and add additional structures over time. Unlike open pasture lots, Lot 120 provides the opportunity to build in a peaceful, wooded setting—completely surrounded by nature and away from the bustle. This expansive acreage ensures space and seclusion for your custom estate, with abundant shade, dramatic topography, and multiple building sites to choose from. Wake up to the sound of songbirds, enjoy tranquil views into the trees, and experience the seasons changing right outside your windows. With plenty of room for horses or a guest house, you’ll have all the benefits of ranch-style living—without the upkeep of a large ranch. The Trails of Horseshoe Bay is a private, gated community nestled among 300 acres of wildlife preserve and dedicated greenbelt. Residents enjoy exclusive access to miles of secluded hiking paths, horse riding trails, a first-class clubhouse and pool, a five-star equestrian center, playground, and a private marina with covered boat slips on the constant-level Lake LBJ. Here, you’ll find a true nature lover’s paradise, where serenity and outdoor adventure are always just steps from your door. Located just 45 minutes from Austin and close to Marble Falls, world-class golf, and the Horseshoe Bay Resort, Lot 120 is your opportunity to enjoy Hill Country living at its finest—privacy, beauty, and a genuine sense of community. Build your dream retreat at Lot 120 in The Trails of Horseshoe Bay and experience the best of the Texas Hill Country.
A 5.3 acre unimproved homesite is the defining advantage here, and Lot 120 Overlook Pkwy puts that scale inside Horseshoe Bay in Horseshoe Bay, a setting where privacy, topography, and long term flexibility matter more than a standard neighborhood lot. At $1.00M, this tract stands out for buyers who want enough land to plan an estate rather than simply place a house. The property sits in Llano County and within Llano ISD, with Packsaddle Elementary, Llano Middle, and Llano High serving the area, which gives school-path clarity for buyers weighing both lifestyle and hold value.
The land itself reads as a true Hill Country homesite rather than open pasture. Mature oak and hardwood cover, rolling terrain, and a gentle slope down to a wet-weather creek create a more layered build environment with options for orientation, privacy, and separation between structures. That matters on acreage because usable variety often drives the quality of the finished estate. Here, the site can support a primary residence first and leave room to phase in garages, guest casitas, a pool house, a barn, or a workshop over time. Multiple building sites add practical flexibility, especially for owners who want to balance tree cover, approach, and outdoor living space without over-improving the land on day one.
The community context strengthens the offering. Horseshoe Bay is a private gated environment tied to roughly 300 acres of wildlife preserve and dedicated greenbelt, with secluded hiking paths, horse riding trails, a clubhouse and pool, an equestrian center, a playground, and a private marina with covered boat slips on constant-level Lake LBJ. That combination is unusual because it gives acreage buyers a land-focused lifestyle while still attaching the property to shared recreational infrastructure. The location also places the homesite near Marble Falls, Horseshoe Bay Resort, and golf, with Austin about 45 minutes away according to the provided information.
Days on market sit at 115, which may signal an opportunity for buyers who understand that not all acreage in this segment offers the same mix of wooded cover, terrain, and community amenities. For a buyer focused on building a legacy property in the Horseshoe Bay market, this tract has the raw ingredients to hold attention now and retain relevance as a finished estate over time.
The numbers behind this insight
- Offered at
- $1,000,000
- Listed
- November 21, 2025
- Property Type
- Land
- Lot Size
- 5.30 acres
- HOA
- $1,524/year
Listing information last updated June 23, 2026.
Listed by Keller Williams Realty
MLS# 3767403 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Boat Dock - Shared
- Boat Dock - Private
- Interior Lot
- Irregular Lot
- Rolling Slope
- Trees-Heavy
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 5.30 Acres
- Creek
- Dry
- Seasonal
- Stream
Financial
- HOA Fee
- $1,524 / year
- Original List Price
- $1,000,000
Utilities
- Electricity Available
- Phone Available
- Underground Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at Lot 120 Overlook PKWY, whoever represented it.
- ActiveListed 2025Current price: $1,000,000Original list: $1,000,000MLS 3767403
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,000,000
- Original list
- $1,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Nov 21, 2025 · 329 days
Zoned Schools
Llano ISD
Llano
Llano
Packsaddle
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T00:07:36.764+00:00; normalized from annual dues.
20% ($200K)
Adjustable assumption - not a lending recommendation.
$1,000,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$1,000,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
329 days
Original to current
No verified reduction
$1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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