
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.
Property Type
Land
Lot Size
5.30 acres
HOA
$1,524/year
Listed by Keller Williams Realty
Verified property facts
Lot 120 Overlook PKWY is zoned for Llano ISD with assigned schools: Packsaddle (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
Lot 120 Overlook PKWY is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
This page does not assume a mortgage rate or publish a monthly payment for Lot 120 Overlook PKWY. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, Lot 120 Overlook PKWY is offered at $1,000,000. The current MLS snapshot shows 145 active listings in 78657.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Lot Features
Waterfront
1 record on file
Every recorded listing, sale, and lease at Lot 120 Overlook PKWY, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Llano ISD
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.
20% ($200K)
Adjustable assumption - not a lending recommendation.
$1,000,000
Luxury property intelligence
A sourced read on The Trails Of Lake LBJ 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
288 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 Sep 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The MLS listing marks Lot 120 Overlook PKWY as waterfront. The reported waterfront feature is Creek, Dry, Seasonal, Stream. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $1,524 annual for Lot 120 Overlook PKWY. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in The Trails Of Lake LBJ
Active listings near Lot 120 Overlook PKWY