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$3,650,000
last listed404 Matern Ct, Horseshoe Bay, TX 78657
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5 bed, 5 bath, 4,558 sqft on 0.33 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. Last listed at $3,650,000, sold May 1, 2026. Llano ISD.
About This Home
Matern Island isn’t just a place — it’s a lifestyle. This 0.33-acre estate boasts 100 feet of prime Lake LBJ shoreline in one of Horseshoe Bay’s most coveted communities. Start mornings with coffee on the Trex deck and spend afternoons on the water with your private boat slip, electric lift, and 2 jet ski lifts. Prefer dry land? Relax by the in-ground pool, spa, and splash pad, or gather around the stone patio’s gas fireplace for golden-hour views. Built-in speakers keep the vibes flowing, indoors and out. Inside, lakeside luxury takes center stage. The living room’s floor-to-ceiling windows frame panoramic water views, while the stone wood-burning fireplace and built-in audio system set the mood. The kitchen is a chef’s dream with a Z-Line 6-burner gas stovetop, granite island, and wine bar perfect for entertaining. The main-level owner’s suite is a private sanctuary with unobstructed lake views, private patio access, and a spa-inspired bath featuring an oversized soaking tub, walk-in shower, and a custom closet perfect for any wardrobe. Upstairs, guests enjoy lake-view suites and a family room with direct balcony access overlooking the lake — the perfect spot to unwind after a day on the water. With gated community privacy, meticulous landscaping, and smart home features — plus Horseshoe Bay Resort just minutes away — this home delivers the ultimate lake life. Why dream it? Live it. Let’s get you on the water!
At $801 per square foot, 404 Matern Ct delivers direct Lake LBJ waterfront in Horseshoe Bay, one of the most recognizable island addresses in Horseshoe Bay, TX 78657. This $3.65 million single-family residence pairs 4,558 square feet, 5 bedrooms, 5 full baths, 1 half bath, and a 0.33-acre lot with the kind of shoreline access that defines daily life on this stretch of the lake.
Built in 2001, 404 Matern Ct is set up for buyers who will actually use the water. The site includes a private boat slip with an electric lift, two jet ski lifts, a lakeside deck, and an in-ground pool with spa and splash pad. That matters on Lake LBJ, where level shoreline access and functional outdoor improvements carry real value. The two-car garage, stone patio, and fireplace add year-round utility beyond the summer season. From a layout standpoint, the home is designed around the view, with large windows facing the water, a main-level owner’s suite, and upstairs guest space that opens to a balcony over the lake.
The address also works because of where it sits inside Horseshoe Bay. Matern Island is known for protected waterfront streets, private residential traffic, and quick access to the core amenities around Horseshoe Bay Resort. Lake days start at the dock, not after a long haul to a marina. Even off the water, you are tied into the rhythm of Horseshoe Bay, with the resort, golf, dining, and marina activity close by. For buyers comparing Horseshoe Bay waterfront options, that convenience is a major separator.
From an education standpoint, the property is served by Llano ISD, with Packsaddle listed as the elementary school and Llano serving both middle and high school levels. That school path is an important local search signal for families looking across Llano County and the Horseshoe Bay market. The combination of Horseshoe Bay, Horseshoe Bay, Lake LBJ frontage, and Llano ISD gives this address strong geographic clarity for anyone asking what it is like to live here.
This is a true waterfront residence, not a house near the lake. You are buying direct access, outdoor infrastructure, and a known Horseshoe Bay address in a market where well-positioned Lake LBJ inventory stays relevant for years, both for lifestyle and for long-term value.
- Property Type
- Residential
- Year Built
- 2001
- Lot Size
- 0.33 acres
- Price / Sq Ft
- $801
- HOA
- $1,518/year
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated May 4, 2026.
Listed by Keller Williams Heritage
MLS# 5136682 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Built-in Features
- Breakfast Bar
- Ceiling Fan(s)
- Central Vacuum
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Granite Counters
- Ceiling-High
- Kitchen Island
- Primary Bedroom on Main
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Soaking Tub
- Tray Ceiling(s)
- Wired for Sound
- Interior Steps
- Multiple Living Areas
- Bar
- Quartz Counters
- Study
- Home Office
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Ice Maker
- Double Oven
- Plumbed For Ice Maker
- RNGHD
- Vented Exhaust Fan
- Electric Water Heater
- Water Softener
- Wine Refrigerator
- No Carpet
- Stone
- Tile
- Wood
- Heating
- Ceiling,Electric,Fireplace(s),Zoned
- Cooling
- Ceiling Fan(s),Central Air,Electric,Zoned
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Boat Dock - Private
- Boat Lift
- Boat Slip
- Exterior Steps
- Gutters Full
- Masonry – All Sides
- Stone
- Stucco
- Front Yard
- Landscaped
- Level
- Near Golf Course
- Public Maintained Road
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Views
- Back Yard
- Perimeter
- Wrought Iron
- Slab
- Covered
- Front Porch
- Patio
- Rear Porch
- Roof
- Metal
- Lot Size
- 0.33 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Faces Front
- Off Street
- Open
- Oversized
- Paved
- Garage Spaces
- 2
- Pool
- Yes
- Waterfront
- Yes
Financial
- HOA Fee
- $1,518 / year
- Original List Price
- $4,349,000
- Price per Sq Ft
- $801
Utilities
- Electricity Available
- Phone Available
- Propane
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $3,650,000
- Original list
- $4,349,000
- Price movement
- $699K reduction
- Listed / DOM
- Mar 7, 2025
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($730K)
Adjustable assumption - not a lending recommendation.
$3,650,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$3,650,000
Price per sqft
$801/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$699K reduction
$4.3M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of May 4, 2026.
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