Highland Lakes in Texas offers a serene lakefront lifestyle with options for all budgets and preferences. Located just 30-60 minutes from Austin and San Antonio, this region is perfect for retirees, families, second-home buyers, and luxury seekers. With five stunning lakes – Lake Travis, Lake LBJ, Lake Marble Falls, Lake Buchanan, and Inks Lake – you’ll find everything from affordable townhomes to luxurious waterfront estates. Here’s a quick overview of what you can expect:
- Entry-Level Homes ($350,000–$450,000): Townhomes and smaller single-family homes with modern amenities, close to public lake access.
- Single-Family Homes ($450,000–$650,000): Mid-range homes with larger lots, upscale features, and partial lake views.
- Lake-View Homes ($700,000–$1,000,000): Semi-custom homes with personalized finishes, premium materials, and scenic views.
- Luxury Estates ($1,500,000+): Waterfront properties with private docks, expansive outdoor spaces, and high-end features.
Residents enjoy year-round outdoor activities, proximity to top-notch amenities like golf courses and wineries, and a peaceful retreat from city life. Whether you’re looking for a family-friendly neighborhood, a retirement haven, or a luxury getaway, Highland Lakes has something for everyone.
Home Types and Price Ranges
The Highland Lakes region has a variety of homes to match different budgets and lifestyles, ranging from affordable townhomes to luxurious waterfront estates. Whether you’re a first-time buyer or looking for a high-end investment, there’s something here for everyone.
Entry-Level and Townhomes ($350,000–$450,000)
If you’re just starting out, entry-level homes and townhomes offer 2–3 bedrooms within 1,200–1,800 square feet, complete with modern amenities.
These homes are often found in neighborhoods near Lago Vista and on the outskirts of Marble Falls. While you might not get direct lake views, you’ll likely be close to public lake access points, boat ramps, and community features. Many townhomes in this range come with attached garages, updated kitchens, and open layouts. Shared amenities like pools, fitness centers, and walking trails make these options ideal for first-time buyers, young families, or anyone looking for a low-maintenance lake lifestyle.
Standard Single-Family Homes ($450,000–$650,000)
For those needing more space, standard single-family homes typically feature 3–4 bedrooms spread across 1,800–2,500 square feet. Expect features like granite countertops, stainless steel appliances, and larger lots.
These homes, often located in areas like Jonestown and Spicewood, sit on lots ranging from half an acre to two acres. This extra space is perfect for outdoor entertaining, gardens, or even a workshop. Many of these homes include upscale touches like covered patios and outdoor kitchens, making them excellent spots to enjoy Hill Country sunsets. Some properties also offer partial lake views or easy access to community boat ramps and swimming areas.
Lake-View and Semi-Custom Homes ($700,000–$1,000,000)
If you’re looking for a touch of luxury, lake-view and semi-custom homes offer 3–5 bedrooms and 2,500–4,000 square feet of living space. These homes are known for their premium materials, custom finishes, and outdoor features like multi-level decks or infinity pools.
At this price point, lake views are almost guaranteed – whether from a spacious living room or a master suite. Semi-custom homes let buyers personalize layouts, finishes, and outdoor spaces. Expect high-end details like natural stone exteriors, custom cabinetry, and spa-like master bathrooms. These homes are often found in upscale subdivisions around Lake Travis, select parts of Lake LBJ, and boutique communities near Lake Marble Falls. Lot sizes in this tier typically range from one to five acres.
Luxury Waterfront Estates ($1,500,000–$3,000,000+)
For the ultimate in lakefront living, luxury estates provide 4–6+ bedrooms across 4,000–8,000+ square feet, complete with direct lake access, private docks, and resort-style features.
These estates are designed for those who want it all: private boat docks, swimming platforms, and meticulously crafted shoreline details. Many also include extras like guest houses, caretaker quarters, or entertainment pavilions, making them ideal for hosting large gatherings or multi-generational living. Inside, you’ll find chef-grade kitchens, wine cellars, home theaters, and spa-like master suites. Smart home technology and custom millwork blend seamlessly with outdoor features like infinity pools, fire pits, and professionally landscaped grounds.
These estates are primarily located along Lake Travis’ premium shorelines, within golf course communities near Lake LBJ, and in select custom-built areas around Lake Marble Falls. Lots can range from five acres to more than 50 acres, offering privacy and stunning views. The limited availability of these properties, combined with high demand, has contributed to their rising value over time.
The Highland Lakes region offers a perfect mix of natural beauty and high-quality living, making it an attractive destination for a wide variety of buyers.
Highland Lakes Areas and Communities
The Highland Lakes area is home to a variety of communities, each offering something for everyone. Whether you’re looking for a family-friendly neighborhood, a peaceful retreat for retirement, or a luxury getaway, you’ll find plenty of options that cater to different lifestyles and budgets.
Take Highland Lake Estates in Lago Vista, for instance. Nestled in the Lake Travis region, this community is an excellent choice for families, retirees, luxury homebuyers, and even those searching for a second home. The serene lakefront setting is complemented by a range of housing styles, and residents enjoy access to amenities managed by the Lago Vista Property Owner’s Association (LVPOA). These include pools, golf courses, tennis courts, and even marina access, creating a resort-like atmosphere right at home.
Across the Highland Lakes area, each lake region has its own distinct personality and charm. These unique communities provide tailored living experiences, ensuring that buyers can find a lifestyle that matches their preferences.
Builders and Community Options
Highland Lakes offers a mix of national builders and local experts, providing a range of construction options tailored to the lakefront and Hill Country lifestyle. Whether you prefer the dependability of large-scale developers or the hands-on approach of boutique builders, there’s something to suit every preference.
Top Builders in the Region
In the Lake Travis area, particularly around Lago Vista and Spicewood, builders like Highland Homes, Perry Homes, and Drees Homes have established a strong foothold. These companies provide semi-custom homes, allowing buyers to customize finishes while keeping prices competitive.
Highland Homes, for instance, has been active in Lago Vista, focusing on energy-efficient designs and open-concept layouts that highlight the scenic Hill Country views.
For those seeking a more customized approach, the region also features luxury builders who specialize in high-end waterfront estates and Hill Country-inspired architecture. These builders often work on larger plots of land, crafting homes that blend harmoniously with the natural surroundings. They’re skilled in navigating challenges unique to lakefront construction, such as flood zone compliance and building on steep terrain.
Local specialists bring an added advantage by understanding the area’s specific codes, soil conditions, and design preferences. Their strong relationships with suppliers help streamline the building process while maintaining high-quality standards.
With trusted builders in place, the next step is choosing the type of community that aligns with your vision of Highland Lakes living.
Community Types to Consider
The variety of community options ensures there’s something for every lifestyle at Highland Lakes.
Master-planned golf and lake communities represent the pinnacle of Highland Lakes living. A standout example is Horseshoe Bay Resort, which offers residents access to championship golf courses, marina facilities, and resort-style amenities. While these communities typically have HOA fees, those fees often cover services that simplify life and enhance convenience.
For buyers seeking privacy and flexibility, custom acreage homes with lake views are an excellent choice. These properties often sit on expansive lots, giving homeowners the freedom to design a home that reflects their personal style. Deed restrictions usually help preserve property values while allowing room for creative architectural designs. Build times for these homes can vary based on the project’s complexity and chosen finishes.
Boutique subdivisions provide a more intimate and affordable option. These communities often feature lower HOA fees, shared lake access, and amenities like community boat ramps, making them ideal for those who want a balance of affordability and charm.
The popularity of townhomes and patio homes has also grown, particularly among retirees and second-home buyers. These properties offer the perks of Highland Lakes living – like pools, fitness centers, and social clubs – without the hassle of extensive maintenance. They’re perfect for those who want to enjoy the area’s lifestyle while keeping upkeep to a minimum.
Each community type has its perks. Master-planned developments bring ready-made amenities and stable property values. Custom builds allow for tailored designs and privacy. Boutique subdivisions strike a balance between affordability and community charm, while townhomes offer low-maintenance living with plenty of lifestyle benefits. These options provide a strong foundation for making Highland Lakes your next home.
Who Should Consider Highland Lakes Living?
The Highland Lakes region has a special appeal for buyers drawn to the perks of lakefront living. Whether you’re looking for a peaceful retreat, an active lifestyle, or a luxury investment, this area has something to offer. Let’s explore how Highland Lakes suits a variety of lifestyles.
Retirees and Second-Home Buyers
For retirees, Highland Lakes delivers the perfect blend of tranquility and convenience. Its small-town charm pairs seamlessly with resort-like amenities, offering a downsized yet comfortable lifestyle surrounded by stunning landscapes. Low-maintenance townhomes with features like golf course access, marinas, and proximity to Austin and San Antonio make it an ideal choice. Nearby healthcare facilities, cultural events, and family connections add to the appeal.
Second-home buyers are equally drawn to the area’s mild climate, which allows for year-round enjoyment. Whether it’s a weekend escape for boating or wine tours, Highland Lakes provides the perfect backdrop. Limited waterfront property availability also helps maintain strong property values, making homes in the area a sound investment.
Families and Active Lifestyle Seekers
Families are often attracted to Highland Lakes for its spacious homes, safe neighborhoods, and endless outdoor activities. Instead of planning trips for fun, residents can enjoy boating, fishing, hiking, and swimming right outside their doors. Communities like Lago Vista and Spicewood, near Lake Travis, are especially popular for their family-friendly atmosphere, larger lots, and access to quality schools.
New construction homes priced between $450,000 and $650,000 offer a competitive alternative to more expensive urban housing. Many master-planned communities also come with built-in social perks, such as pools, fitness centers, and organized events. Features like golf cart-friendly streets and community boat ramps make the area feel like a year-round resort.
For those who love an active lifestyle, Highland Lakes offers much more than water sports. Wine trails, music festivals, and nearby state parks provide plenty of options for adventure. Plus, with Austin just a short drive away, residents can enjoy professional sports, concerts, and other big-city attractions.
Luxury Buyers and Investors
Highland Lakes is a haven for luxury buyers seeking custom-built waterfront estates with privacy and breathtaking views. Homes in this category often start around $1.5 million and come with features like private boat docks, expansive outdoor spaces, and architectural designs that highlight the beauty of the Hill Country.
Lake LBJ, in particular, stands out for its luxury market. Communities like Horseshoe Bay combine golf course living with waterfront access, reinforcing the area’s reputation as a top-tier resort destination. These factors also contribute to strong property values.
For investors, it’s important to note that short-term rental rules and HOA policies vary by community. Additionally, higher insurance costs and considerations like flood zones should be factored into any purchase. Custom builders with expertise in lakefront construction can help navigate challenges like steep terrain and permitting, ensuring properties maximize both views and value.
Whether you’re looking for a low-maintenance retreat, a family-friendly community, or a luxurious estate, Highland Lakes has options to fit nearly every lifestyle and investment goal.
Highland Lakes Home Buying Tips
Purchasing a home in the Highland Lakes area means getting familiar with the local rules that come with living near the water. Here are some important things to keep in mind as you navigate the process.
HOA and Short-Term Rental Rules
In communities like Lago Vista’s Highland Lake Estates near Lake Travis, the modest dues for the LVPOA (Lago Vista Property Owners Association) grant access to shared amenities and waterfront perks. However, it’s essential to dig into the specifics, especially if you’re considering renting out the property.
Many neighborhoods have restrictions on short-term rentals to maintain a peaceful residential vibe. For example, Highland Homes includes specific terms in their purchase agreements to discourage investor-driven purchases. As the company explains:
"Our purchase agreement contracts include an addendum which stipulates that the buyer agrees to be the home’s primary resident."
This type of clause is meant to curb investor speculation and limit short-term rental opportunities. Before making a purchase, be sure to review the HOA and rental policies for the community, especially if you’re hoping to generate income through vacation rentals.
Your Next Steps to Highland Lakes Living
Highland Lakes offers a wide range of homes, from cozy townhomes perfect for first-time buyers to luxurious waterfront estates that embody upscale living. This area blends the charm of Hill Country with the allure of a lakefront lifestyle.
Each lake community has its own character. Whether it’s the resort-like master-planned neighborhoods around Lake Travis and Horseshoe Bay or the more boutique and rural settings at Lake Marble Falls, Lake Buchanan, and Inks Lake, there’s something for everyone. Keep in mind, waterfront lots often come at a premium, and many communities have specific rules about short-term rentals. With limited inventory, property values remain strong, making expert guidance essential for navigating this unique market.
Start Your Search Today
Finding your dream home in Highland Lakes starts with local knowledge and access to current listings. The Highland Lakes Association of REALTORS® is a great resource for connecting with professionals who know this market inside and out. These experts can match your needs with the right properties, whether you’re looking at new construction, custom waterfront homes, or estates with private boat docks.
From understanding HOA guidelines to navigating the nuances of waterfront pricing, local specialists can provide the insights you need. Whether you’re drawn to master-planned communities or custom homes on the water, working with professionals ensures you make the most of what Highland Lakes has to offer.
Ready to dive in? Reach out to Taco Street Locating for a curated list of new homes and waterfront properties in the Highland Lakes area. Our team knows the ins and outs of lakefront living and can guide you through the options across all Highland Lakes communities.
Last updated: October 2025
FAQs
What should I consider when choosing a community in the Highland Lakes area?
When choosing a community in the Highland Lakes region, consider your lifestyle, budget, and the features that are most important to you. If you’re looking for a resort-like atmosphere, luxury master-planned communities often offer perks like golf courses, marinas, and high-end amenities. On the other hand, if privacy and stunning views are your priority, custom homes or properties with acreage and lake access might be a better match. For those seeking more budget-friendly options, smaller subdivisions near Lago Vista or Marble Falls could be worth checking out.
It’s also important to be aware of HOA rules and short-term rental (STR) restrictions, as these can vary widely between different lakes and neighborhoods. With limited housing inventory in the area, property values tend to increase over time, making this region a solid choice for long-term investment.
What should buyers know about short-term rental rules and HOA regulations in Highland Lakes?
Short-term rental (STR) rules and HOA regulations can differ widely among communities in the Highland Lakes area. Some homeowners associations (HOAs) may set limits on the number of rentals allowed, enforce minimum stay durations, or even prohibit STRs altogether. These policies are typically put in place to preserve the community’s character and can significantly impact whether you can use the property as a vacation rental.
If you’re a buyer, it’s crucial to thoroughly review HOA policies before purchasing – especially if your goal is to use the property as an investment or rental. Ignoring or violating these rules can lead to fines or other penalties. On top of that, waterfront properties often come with higher costs, so understanding all fees and restrictions upfront is essential for making a well-informed decision.
What should I look for when choosing a builder for a custom home in the Highland Lakes area?
When selecting a builder for your custom home in the Highland Lakes region, it’s essential to prioritize a few key factors. Start by considering their experience in the area, the quality of their craftsmanship, and their track record for completing projects on time and within budget. Builders who specialize in custom or semi-custom homes and have a portfolio that matches your vision are often the best fit.
Equally important is assessing their communication style and project management skills. These will play a big role in ensuring the building process runs smoothly. Don’t hesitate to ask for references, visit some of their completed homes if you can, and verify that they’re well-versed in local building codes and any specific community guidelines. These steps will help you choose a builder who can confidently turn your dream home into reality.