4 bed, 5 bath, 6,737 sqft on 0.33 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $5,150,000. Llano ISD.
About This Home
Located in the historic district of Horseshoe Bay, this waterfront property offers a rare opportunity to experience life on Lake LBJ. Just steps from the end of the street is the iconic Horseshoe Bay Lighthouse, the oldest and largest inland lighthouse in Texas. Expansive windows frame stunning lake views and fill the home with natural light. The open-concept design connects the living, dining, and entertaining spaces, creating a functional layout ideal for everyday living or hosting guests. Interior highlights include a built-in golf simulator, refrigerated wine storage, and a striking four-sided fireplace. Outdoor living is designed for entertaining, featuring a 360-degree negative-edge pool and spa overlooking the lake, along with a fully equipped outdoor kitchen. The primary suite offers a private balcony with panoramic lake views, a spacious walk-in closet, and a full-size washer and dryer for added convenience. An elevator provides easy access between both levels, making the home well-suited for multi-generational living. This property captures the essence of the Texas Hill Country lifestyle—boating, golf, and lakeside living all just moments from your door. Information to be independently verfied.
At 402 Lighthouse Drive in Horseshoe Bay, you're buying the golden hour. This 6,737-square-foot waterfront estate on Lake LBJ sits steps from the historic Horseshoe Bay Lighthouse, Texas's oldest and largest inland lighthouse, and the view dominates every entertaining decision you'll make here.
The architecture is built for what happens at sunset. Floor-to-ceiling windows throughout the open-concept living, dining, and kitchen spaces frame the water in ways that make conversation stop and cameras come out. The kitchen island flows directly to the patio. The patio steps down to the negative-edge pool and spa. The pool looks out at the lake. There's no separation between where you cook and where your guests gather, between the meal prep and the view they came to experience.
The outdoor kitchen, fully equipped with a range hood and built-in appliances, handles the traffic when you're grilling at dusk. The four-sided fireplace in the main living area keeps the party going after dark. A golf simulator and refrigerated wine storage mean the entertaining doesn't require leaving the home. The primary suite's private balcony captures those sunrise moments before the guests arrive and the lake views when you're winding down alone.
This is a 2018-built home in Llano ISD, with four bedrooms across 5 full bathrooms, which matters when you're hosting extended family or friends over a long weekend. An elevator between levels removes the logistical friction of multi-generational living. The landscape is maintained with automatic sprinklers, not something you're managing while entertaining.
The private boat dock and boat lift mean Lake LBJ becomes an extension of your property, not a destination. You launch from home. You return to the pool and the kitchen and the view.
Horseshoe Bay is the historic core of the community, where the oldest families live and where water-access living defines the neighborhood. At 402 Lighthouse Drive, that lifestyle isn't theoretical. It's your deck at sunset.
The numbers behind this insight
- Offered at
- $5,150,000
- Listed
- March 17, 2026
- Price changes
- 1, down 8.8% from $5,645,000
- Asking price per sq ft
- $764
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 15, 2026.
- Property Type
- Residential
- Year Built
- 2018
- Lot Size
- 0.33 acres
- Price / Sq Ft
- $764
- HOA
- $351.59/year
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated July 29, 2026.
Listed by Moreland Properties
MLS# 9735758 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Double Vanity
- Eat-in Kitchen
- Elevator
- Entrance Foyer
- Kitchen Island
- Open Floorplan
- Pantry
- Recessed Lighting
- Study
- Home Office
- Walk-In Closet(s)
- Built-In Electric Oven
- Built-In Freezer
- Cooktop
- Dishwasher
- Disposal
- Ice Maker
- Microwave
- RNGHD
- Refrigerator
- Water Softener Owned
- Concrete
- Tile
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Boat Dock - Private
- Boat Lift
- Boat Slip
- Gutters Full
- Lighting
- Outdoor Grill
- Masonry – Partial
- Stone
- Stucco
- Landscaped
- Sprinkler - Automatic
- Views
- Slab
- Enclosed
- Patio
- Porch
- Roof
- Metal
- Lot Size
- 0.33 Acres
- Attached
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 2
- Pool
- Yes
- Lake Privileges
- Waterfront
Financial
- HOA Fee
- $352 / year
- Original List Price
- $5,645,000
- Price per Sq Ft
- $764
Utilities
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 402 Lighthouse DR, whoever represented it.
- ActiveListed 2026Current price: $5,150,000Original list: $5,645,000MLS 9735758
- Listed · March 17, 2026$5,645,000
- Price changed · July 24, 2026$5,150,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $5,150,000
- Original list
- $5,645,000
- Price movement
- $495K reduction
- Listed / DOM
- Mar 17, 2026 · 212 days
Virtual Tour

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 2026-10-15T18:07:16.319+00:00; normalized from annual dues.
20% ($1.0M)
Adjustable assumption - not a lending recommendation.
$5,150,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$5,150,000
Price per sqft
$764/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
212 days
Original to current
$495K reduction
$5.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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