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A rare opportunity awaits on Matern Island, a premier gated waterfront community on the constant-level waters of Lake LBJ in Horseshoe Bay. Lot 3 Matern Court is one of the last remaining homesites within this prestigious community and offers a level, ready-to-build lot perfectly positioned on a quiet cul-de-sac surrounded by custom luxury residences. This property delivers an ideal canvas for your dream home or a high-end new construction project, offering both privacy and the lifestyle of true resort living. Matern Island combines exclusivity with convenience—residents enjoy gated access, beautifully maintained streets, and proximity to all of Horseshoe Bay Resort’s world-class amenities, including four championship golf courses, fine dining, tennis and pickleball facilities, a full-service marina, and the new Summit Rock Clubhouse. Whether you’re seeking a peaceful full-time residence, an elegant weekend retreat, or a strong investment opportunity, this lot offers unmatched potential in one of the most desirable neighborhoods on Lake LBJ that's just a short drive to Austin and San Antonio. A membership is required to enjoy Horseshoe Bay Resort's amenities. Live the life you've always envisioned-claim your piece of Matern Island before it's too late.
Property Type
Land
Lot Size
0.31 acres
Listed by RE/MAX HORSESHOE BAY RESORT SA
Verified property facts
Lot 3 Matern Ct is listed at $1,495,000 with 0 bedrooms, 0.31-acre lot. This places it above the 78657 median of $1,318,000.
Lot 3 Matern Ct is zoned for Llano ISD with assigned schools: Llano (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
Lot 3 Matern Ct is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($299,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 3 Matern Ct is around $10,498 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,495,000, Lot 3 Matern Ct is in the Matern Island market where there are currently 146 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
Lot Features
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% ($299K)
$1,495,000
Luxury property intelligence
A sourced read on Matern Island pricing, timing, and property scale. No automated valuation claim.
List price
$1,495,000
Price per sqft
Not available
Vs. Matern Island median
Not available
Days on market
20 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 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
Lot 3 Matern Ct includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Active listings near Lot 3 Matern Ct
Recent sales for market context