— bed, — bath on 0.81 acres in Horseshoe Bay. Horseshoe Bay, TX 78657. $999,000. Llano ISD.
About This Home
The list price reflects a Bring Your Own Builder option. However, if you choose Sterling Custom Homes, the lot owner to build your custom home, you'll receive a $200,000 discount, applied to either the lot price or the home price ~ whichever makes the most sense during negotiations. This newly replatted .81 acre lot offers an expansive cove-front presence on the constant level Lake LBJ, delivering an unparalleled waterfront experience. Nestled in a peaceful, sheltered cove, the lot is buffered from the main lake's activity, ensuring a private and serene setting. Situated within a seven lot gated subdivision in Horseshoe Bay West, the property benefits from a private road and secure, gated access. With a low tax rate of 1.52%, this exceptional lot pr3esents an ideal opportunity for your custom home.
A newly replatted 0.81-acre cove-front homesite on constant level Lake LBJ is the defining advantage here, and Lot 1-A Ensenada Ln puts that waterfront position inside Horseshoe Bay in Horseshoe Bay. In a market where usable lake frontage, protected water, and controlled neighborhood scale drive long-term desirability, this tract stands out for combining all three within Llano County and Llano ISD, with Llano Elementary, Llano Middle, and Llano High assigned.
This is unimproved land priced at $1.26M, which keeps the value conversation focused where it should be: site quality, build optionality, and waterfront experience. The lot sits in a sheltered cove rather than on the more active main body of the lake, which matters for buyers who want calmer water, a more controlled shoreline setting, and a quieter day-to-day environment. The subdivision itself is limited to seven lots and accessed through a gated entry and private road, giving this property a level of scarcity and privacy that is difficult to replicate once built out.
The builder structure also adds a practical layer to the opportunity. Buyers can bring their own builder, which protects flexibility from the outset. If Sterling Custom Homes is selected as the builder, the seller is offering a $200,000 discount that can be applied to either the lot or the home, depending on how the deal is negotiated. That is not just a marketing detail. It materially affects basis and gives a buyer room to think more strategically about construction budget, finish level, and total project economics.
At 523 days on market, this is not a quick-turn commodity parcel. It is a specific waterfront land play that will appeal to buyers who understand the difference between simply owning on the lake and controlling a better building position within a smaller, gated enclave. There is no existing house to work around, no outdated plan to absorb, and no compromise on using the site for a custom program tailored to the buyer’s priorities. For a purchaser focused on long-hold value in Horseshoe Bay, Lot 1-A Ensenada Ln offers a clean path to build around protected cove frontage, gated privacy, and a finite supply story that should remain relevant well beyond the next market cycle.
The numbers behind this insight
- Offered at
- $999,000
- Listed
- October 9, 2024
- Price changes
- Reduced, down 16.7% from $1,199,000
- Property Type
- Land
- Lot Size
- 0.81 acres
- HOA
- $1,900/year
Listing information last updated April 13, 2026.
Listed by Compass RE Texas, LLC
MLS# 2098667 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cleared
- Corner Lot
- Private Maintained Road
- Subdivided
- Views
- Lot Size
- 0.81 Acres
Financial
- HOA Fee
- $1,900 / year
- Original List Price
- $1,199,000
Utilities
- Electricity Available
- Natural Gas Not Available
- Propane Needed
- Underground Utilities
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at Lot 1-A Ensenada Ln, whoever represented it.
- ActiveListed 2024Current price: $999,000Original list: $1,199,000MLS 2098667
- Price changed · April 13, 2026$999,000
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
- $999,000
- Original list
- $1,199,000
- Price movement
- $200K reduction
- Listed / DOM
- Oct 9, 2024 · 736 days
Zoned Schools
Llano ISD
Llano
Llano
Llano
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 2026-10-15T13:57:04.789+00:00; normalized from annual dues.
20% ($200K)
Adjustable assumption - not a lending recommendation.
$999,000
Luxury property intelligence
Keenan Market Position
A sourced read on Horseshoe Bay pricing, timing, and property scale. No automated valuation claim.
List price
$999,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
736 days
Original to current
$200K reduction
$1.2M 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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