A Rare Stretch of Open Water on Lake LBJ

Set along the quiet bend of the Colorado Arm, 237 Waters Edge is the kind of property the Hill Country gives up only rarely. A fully remodeled lakefront estate on 3.2 acres of fully owned land, with 248 feet of open waterfront on Lake LBJ. The main residence sits on a generous 1.6-acre parcel; a separate 1.6-acre tract across the street holds a 2,000-square-foot barndominium, peach trees brought from Fredericksburg, and an 1,800-square-foot storage barn, all backing up to a working vineyard.

Inside the main house, a Fredericksburg-inspired design language carries through 3,875 square feet of fully updated living space. Brand-new windows frame the lake from nearly every room. Four bedrooms, five bathrooms, and an open plan oriented toward the water, anchored by a chef's kitchen with luxury appliances, a Wolf gas range, and a generous butler's pantry outfitted with its own sink, icemaker, dishwasher, microwave, and two beverage drawers.

The owner's retreat occupies the main floor, with a walk-in closet built out top to bottom, private patio access, an oversized walk-in shower, and a deep soaking tub. A downstairs guest room with ensuite bath and a front room suited to a home office round out the first level. Upstairs unfolds into a loft, a bunk room with ensuite, an additional guest suite with ensuite, and a private balcony overlooking the lake.

Outside, the covered back porch and outdoor kitchen open onto a pool and hot tub, and beyond, the lake. A custom 75-by-40-foot boat dock anchors the waterfront, with two slips, a 20-by-11 bar and maintenance room, a 19-by-11 storage room, and a 39-by-12 covered patio over the water. This is the rare lake property that's been thought through end to end. When something like this comes to market, it does not stay long.