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  • Horseshoe Bay TX Real Estate & Homes for Rent

    23 Properties Found

    The median home value in Horseshoe Bay, TX is $485,938. This is higher than the county median home value of $397,502. The national median home value is $308,980. The average price of homes sold in Horseshoe Bay, TX is $485,938. Approximately 46% of Horseshoe Bay homes are owned, compared to 10% rented, while 44% are vacant. Horseshoe Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Horseshoe Bay real estate agent to arrange a tour today!
    Learn more about Horseshoe Bay.


    1–23 of 23 properties displayed
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    Page 1 of 1    Prev | Next
    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    1,642
    Status:
    NEW LISTING
    MLS#:
    168575
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.4 Acres
    Year built:
    2024
    Courtesy: 1st Brokerage
    View additional info

    Newly constructed home with an oversized lot located in the quiet community of Horseshoe Bay. Open concept with high vaulted ceilings with tons of natural light, extra large quartz kitchen island with marble backsplash great for entertaining, and a large covered patio. Extra long driveway, marble tile, and engineered hardwood floors throughout. Oversized 2.5 car garage. 1st month rent and deposit due when lease signed $35 each adult for credit and background check

    Beds:
    1
    Baths:
    1.50
    Sq.Ft.:
    744
    Status:
    NEW LISTING
    MLS#:
    168552
    Type:
    Townhouse
    Subdivision:
    Horseshoe Bay
    Year built:
    1987
    Courtesy: TJM Realty Group
    View additional info

    One bedroom townhouse located in Horseshoe Bay. Quiet country setting - watch the deer from your back deck. Open living room, dining room, kitchen combination with washer& dryer included. One year lease. Ready for a quick move in.

    Beds:
    2
    Baths:
    1.00
    Sq.Ft.:
    857
    Status:
    Active
    MLS#:
    168497
    Type:
    Condo
    Subdivision:
    Villas Del Lago
    Year built:
    1982
    Courtesy: All City Real Estate Ltd. Co
    View additional info

    LAKEFRONT FULLY FURNISHED CONDO FOR RENT - ALL BILLS PAID!!! Welcome to Villas Del Lago - one of Horseshoe Bay's most popular waterfront condos located in the heart of Horseshoe Bay - only a block from the Resort & walking distance to the Yacht Club, Waterfront Restaurant, & Quail Point Lodge, Horseshoe Bay's community clubhouse. This 2nd level unit has the best views of all units - spend your evenings relaxing on your shaded balcony featuring panoramic views of the lake & pool. The resort offers memberships that include access to their golf courses, restaurants, & social events. Amenities include a boat slip (15 days/mth), swimming pool, hot tub, day docks, Jet-Ski ramps, kayaks, meticulously manicured grounds, lakeside seating with umbrellas, and assigned covered parking. Sleeps 6 comfortably - the primary with a large king-sized bed and the guest room with two built in queen beds. Long-term rentals only - 30 days or longer.

    Beds:
    1
    Baths:
    1.00
    Sq.Ft.:
    744
    Status:
    Active
    MLS#:
    168356
    Type:
    Townhouse
    Subdivision:
    Lake LBJ Villg
    Lot size:
    0.16 Acres
    Year built:
    1987
    Courtesy: Mallach and Company
    View additional info

    Desired Charming Condo Close to The Resort. This "Lock and Leave" One Story Lake LBJ Village Condos Are Rarely On the Market and Make Great Second Home Rentals Or Full Time Living. Make it Yours! 1 Bedroom, plus additional Murphy Bed, Two Bath Unit. With No Carpet! A Lot to Love In The Heart of Horseshoe Bay and All the Amenities with Resort Membership. Public Remarks: Desired Charming Condo Close to The Resort. This "Lock and Leave" One Story Lake LBJ Village Condos Are Rarely On the Market and Make Great Second Home Rentals Or Full Time Living. Make it Yours! 1 Bedroom, plus additional Murphy Bed, Two Bath Unit. With No Carpet! A Lot to Love In The Heart of Horseshoe Bay and All the Amenities with Resort Membership. App Fee/To: $60/Tina App Rq/To: TXR App App Policy: Best Qualified Application Sec Dep/To: $1,300/Owner Managed By: Owner OnSite Comp: Yes Avail Date: 04/11/2024 Invoice Sub: Immediately

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    2,155
    Status:
    Active
    MLS#:
    168255
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.24 Acres
    Year built:
    2024
    Courtesy: Boss Real Estate
    View additional info

    BRAND NEW HOME FOR RENT- AMAZING VIEWS FOR MILES OF SLICK ROCK GOLF COURSE AND COUNTRY, UNBEATABLE PRIVACY - ONLY HOUSE ON THIS WHOLE STREET. GOLF CART TO SLICK ROCK GOLF CLUB & HORSESHOE BAY RESORT - STONE AND STUCCO EXTERIOR, METAL ROOF, 8 FOOT DOORS, 10 FOOT CEILINGS, VAULTED CEILINGS, 12 X 7 GLASS WALL TO 287SF BACK COVERED PATIO, ALL WOOD CABINETS, 3 CM GRANITE TOPS, SS BUILT IN COOKING W/ COOKTOP, CHIMNEY VENT & BUILT IN OVEN AND MIC, UPGRADED MOEN FAUCETS, UPGRADED ELECTRIC FIXTURES, TILE FLOORS TROUGHOUT ALL FLOORING, 2 CAR GARAGE W/ OPENER, MUD ROOM, TRIPLE STACK CABS, T&G PATIO CELING, FOAM INSULATION, 2X LOW E WINDOWS, HIGH ENERGY EFFECIENT AC, HUGE MASTER W/ WALK IN SHOWER, FREE STANDING TUB, GRANITE DOUBLE VANITY, TRIPLE RAIL CLOSET HANGING, DOUBLE DOORS TO HUGE MASTER CLOSET, RADIUS KIT ISLAND OPEN TOO FAMILY AND DINING ALL WITH HUGE GOLF COURSE VIEW - GOLF CART TRIP TO SLICK ROCK GOLF AND THE HORSESHOE BAY RESORT

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    2,154
    Status:
    Active
    MLS#:
    168252
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.22 Acres
    Year built:
    2024
    Courtesy: Boss Real Estate
    View additional info

    NEW CONSTRUCTION-NEVER LIVED IN. Next to Slick Rock Golf Course & Horseshoe Bay Resort - Marina, Golf Club, Restaurants, Spa and more. Huge 3 Bed Home w/ Office & 30 x 13 Rv / Boat 3rd Car Garage, Huge Tall Coffered Ceilings, 8 Foot Doors, No Carpet, 21 x 19 Liv rm w/ Butt Glass Window to Covered Patio, open to Huge Kitchen w Oversized Granite Island, All Wood Cabs w/ Soft Close, SS Built in Appliance Package w/ Cooktop & Chimney Hood, Custom Back Splash, 19 x 10 Cov Back Patio, Huge Master w/ Triple Windows & Ceiling Treatment, Double door Master Bath w, Granite tops, Moen Faucets, Walk in Tile Shower & Free Standing Tub, Foam insulation, 2x low E Windows, Metal Roof, Stone & Stucco Exterior, Huge Driveway, Huge Storage- too much to list

    Beds:
    2
    Baths:
    2.00
    Sq.Ft.:
    1,443
    Status:
    Active
    MLS#:
    168234
    Type:
    Townhouse
    Subdivision:
    Enclave at Horseshoe Bay
    Lot size:
    0.07 Acres
    Year built:
    2018
    Courtesy: Horseshoe Bay ONE Realty
    View additional info

    Lease opportunity available May 1st! Standout, Top Tier 2018 built Townhome at The Enclave, Horseshoe Bay. Resort Style Living, location is prime, setting is one of a kind! 2BD / 2BA 1443 sf, single level, attached garage, shows like new. Nature lover s dream. Premium Upper Tuscan Drive lot features raised patio garden terrace with panoramic view over Bay Country - Hill Country allure & ambiance at it s finest! Aesthetically designed, Modern Rustic Italian villas surrounded in beautiful rolling elevations. Practical sports pool water depths encourage refreshing exercise, coupled with enviable Cabana conveniences. HOA maintained yards and grounds. Gated entry. Upgraded appliances, sizable pantry, large laundry/utility room, two additional parking spots directly out front door. Comfortable, functional and flowing floor plan. Open cooking, dining and living areas. Tall ceilings throughout, anchored by 16 high great room with natural light dormer. Spacious bedrooms, Absolute peace and privacy. Low maintenance, easy living & entertaining. Outdoor style kitchen includes 4 burner Blaze grill, sink and counter ensemble. Stunning tree dotted meadow, Does & their fawns, Bucks looking on! Painted & glistening skies compliment cleansing your mind, body and soul. Gourmet grocery 2 minutes, golf, lake and club 5 - 10, membership required for resort amenities. A Hill Country Experience unequalled and undoubtedly more difficult to come by - Welcome Home!

    Beds:
    2
    Baths:
    2.50
    Sq.Ft.:
    1,549
    Status:
    Active
    MLS#:
    168107
    Type:
    Townhouse
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.04 Acres
    Year built:
    1982
    Courtesy: RE/MAX of Marble Falls
    View additional info

    Fully furnished Lake Time Retreat features breathtaking views of Lake LBJ from upstairs balcony, and a lake theme throughout. Watch the deer from another upstairs balcony on the pool-side or from the outside patio below, with charcoal grill. Two bedrooms with king size beds and full en-suite bathrooms. One bedroom with fold-out sleeper, plus a twin bed and pull-out queen soda bed downstairs. Half bath downstairs. Flat screen TV's with cable in living room and the two bedrooms. Fully equipped recently renovated kitchen, and separate area with washer and dryer. Fast Wifi around with > 50 mbps. 2 car carpot with 2 more parking spaces. Large pool, two tennis courts and a pickle-ball court are open year-round, just steps away. Small and medium size pet considered.

    Beds:
    4
    Baths:
    2.00
    Sq.Ft.:
    1,578
    Status:
    Active
    MLS#:
    168073
    Type:
    Manufactured Home
    Subdivision:
    Horseshoe Bay N
    Lot size:
    0.12 Acres
    Year built:
    2023
    Courtesy: Horseshoe Bay Living 2, LLC
    View additional info

    Introducing this Beautiful, brand-new home nestled in the charming community of Horseshoe Bay South. This immaculate residence boasts 4 bedrooms and 2 baths, offering ample space for comfortable living. The spacious master bedroom features a walking closet. With its open floor plan, the home offers a seamless flow between the living spaces, perfect for entertaining guests or relaxing with family. Enjoy the convenience of washer and dryer connections. Located just minutes away from Marble Falls, residents will have easy access to shopping, dining, and recreational activities. Experience the best of Horseshoe Bay living - schedule a tour today .

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    2,644
    Status:
    Active
    MLS#:
    167981
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay W
    Lot size:
    0.26 Acres
    Year built:
    1981
    Courtesy: Horseshoe Bay Living 2, LLC
    View additional info

    Neo Spanish Revival style home, for lease, surrounded by Oak trees, features masonry stucco, a brick driveway, and a barrel tile roof. Upon entry, heavy wooden doors reveal a courtyard with a fountain and Saltillo tile. Inside, French doors and sidelight windows lead to an airy interior with vaulted ceilings and a brick fireplace. The kitchen boasts Talavera tile and a breakfast bar, while the dining room opens to a large screened porch. The primary bedroom wing, added in 2005, offers a cozy fireplace, vaulted ceiling, and en-suite bath with Talavera tiles. A study and fenced backyard complete the tranquil setting. $125 Application fee, income must be 3x rent, 600+ credit required.

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    2,094
    Status:
    Active
    MLS#:
    167856
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.26 Acres
    Year built:
    2024
    Courtesy: Boss Real Estate
    View additional info

    Green belt to slick rock creek backyard. Farmhouse style with four cathedral ceilings. Huge back patio w/tongue and groove ceiling. Very private street with very few neighbors. Easy cart ride to slick rock golf course & HSB resort. All tile flooring throughout, 100% all-wood custom cabinets w/3cm granite and undermount sinks. 8ft doors. Upgraded light fixtures. Too much to list-must see. Double Master Bedroom set-up. NEW CONSTRUCTION-NEVER LIVED IN. METAL ROOF, 8FT KITCHEN ISLAND, TILED FLOORING, SS APPLIANCES INCLUDED: DISHWASHER, 30" ELECTRIC COOKTOP W/ HOOD, 30" WALL OVEN/MICRO, REFRIG W/ ICE MAKER.9x13 DINING ROOM OPEN TO 21x19 FAMILY RM. 360 FIXED WINDOWS OVERLOOKING COVERED PORCH. MASTER BD: WALK IN SHELVED CLOSET. FREESTANDING TUB, WALK-IN SHOWER, DOUBLE VANITY, LINEN STORAGE CAB. 2ndBTH: FULL BATH, TUB/SHOWER COMBO, SINGLE VANITY. HIGH CEILINGS WALK-IN CLOSETS, LAUNDRY RM, TILED HALL & ENTRY. ATTIC OPEN TO FAMILY RM. CEILING FANS, CHANDELIERS, ETC...

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    1,680
    Status:
    Active
    MLS#:
    167793
    Type:
    Manufactured Home
    Subdivision:
    Horseshoe Bay S
    Lot size:
    0.09 Acres
    Year built:
    2016
    Courtesy: Hurst Realty, LLC
    View additional info

    One Month Free Rent ! Charming Super Clean 3 Bed/2 Bath Rental Ready For Move-In $1700 Month. Outside Secure Pet Area Available, Pets are Considered On A Case By Case Basis With Pet Deposit(s). Freshly Painted And Recently Installed Floors And Has Huge Living & Dining Area With Huge Center Island That Bar Stools Can Be Used With. Large Master Bedroom & Walk In Closet With Huge Master Bath. A Split Floor Plan. Huge Cabinet Storage Space And Includes Recently Replaced Stove/Oven, Late Model Refrig/Freezer, Washer/Dryer Hook-Ups. Located In Marble Falls ISD And Is Perfect For Peaceful Hill Country Living. Lake LBJ Access Through A Public Boat Launch, Marina With Boat Rentals And Beach As Well. Other Boat Ramps In Area. A Hidden Gem !

    Beds:
    2
    Baths:
    1.50
    Sq.Ft.:
    1,140
    Status:
    Active
    MLS#:
    167661
    Type:
    Townhouse
    Subdivision:
    Deer Crk Villa
    Year built:
    1983
    Courtesy: TJM Realty Group
    View additional info

    Nicely updated two bedroom townhouse in Horseshoe Bay. The downstairs features a living room with a fireplace, kitchen, breakfast bar, dining space in the kitchen along with a half bath. The kitchen features appliances including refrigerator, stove, dishwasher and microwave along with granite countertops and tile backsplash. The laundry room, with a full size washer and dryer provided, is located just off the kitchen. Fenced back porch offers privacy while enjoying the outdoors. Available for a quick move in.

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    1,344
    Status:
    Active
    MLS#:
    167426
    Type:
    Condo
    Subdivision:
    Waters, The (HSB)
    Year built:
    2006
    Courtesy: RE/MAX HORSESHOE BAY RESORT SA
    View additional info

    Enjoy all that the Horseshoe Bay lifestyle has to offer with minimal maintenance and a coveted central location - welcome to The Waters at 1000 The Cape! This move-in ready, fully furnished waterfront condo is steps from The Yacht Club and a short walk or drive to many of the Horseshoe Bay Resort amenities. The beautifully appointed, 3 bedroom 2 bath unit features an open living plan, 10-foot ceilings, stainless appliances, and a dine-in breakfast bar, to name a few. Besides the patio access and walk-in closet in the primary suite, the spacious en-suite bath boasts a soaking tub and separate walk-in shower. Enjoy the outdoor grill stations and outdoor lounging areas with gazebos and fishing docks, all exclusive to owners & guests. Unit is sometimes rented. Must call listing agent to schedule showings. Security deposit $3,500, owner must approve any pets.

    Beds:
    2
    Baths:
    2.00
    Sq.Ft.:
    1,355
    Status:
    Active
    MLS#:
    167406
    Type:
    Townhouse
    Subdivision:
    Villas Albanas
    Lot size:
    0.05 Acres
    Year built:
    1983
    Courtesy: Kuper Sotheby's Int'l Realty
    View additional info

    Charming Golf Course Townhouse in Horseshoe Bay West backing to #17 of Ram Rock Golf Course. This 2 bedroom, 2 bath unit also features a bonus room which can be used as an office space or 3rd bedroom. With recent updates and winning Spanish architectural accents, this end unit has extra charm with its larger outdoor living space and balcony overlooking the golf course as well as a community pool. There are 2 parking spots directly in front of the unit as well as plenty of overflow spaces for guests. The property can be rented furnished for an extra fee.

    Beds:
    2
    Baths:
    2.00
    Sq.Ft.:
    1,001
    Status:
    Active
    MLS#:
    167381
    Type:
    Condo
    Subdivision:
    Horseshoe Bay
    Year built:
    1978
    Courtesy: Horseshoe Bay Rentals & Proper
    View additional info

    Come see - these apartments are great. Updated frig, stove, washer/dryer, counter tops....all well done.

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    2,125
    Status:
    Active
    MLS#:
    167382
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay W
    Lot size:
    9,941 Sq. Ft.
    Year built:
    2008
    Courtesy: Horseshoe Bay Rentals & Proper
    View additional info

    Absolutely gorgeous home - so well furnished. Gourmet Kitchen is completely stocked with everything you can imagine and more!!! Split bedroom plan with a graciously large walk-in closet in master bedroom. Master bath has separate shower from spa tub. Double sinks in master also. Windows are floor to ceiling letting light in from outside. Truly lovely home!!! $2,800 per month plus utilities for 6 month lease. $3,000 per month plus utilities for under 6 month lease.

    Beds:
    2
    Baths:
    2.00
    Sq.Ft.:
    1,248
    Status:
    Active
    MLS#:
    167228
    Type:
    Condo
    Subdivision:
    The Oaks Condos
    Year built:
    1977
    Courtesy: Kelly Realty Team - eXp Realty
    View additional info

    Available for rent immediately! Bottom unit, no stairs on 9th green of Slick Rock golf course! Only steps away from Slick Rock Clubhouse. Completely remodeled 2 bed, 2 bath with a bonus room, a laundry room and open living, dining & kitchen area. Includes a covered parking space & 1 additional parking space. Will consider leasing for less than a year. Pets considered.

    Beds:
    2
    Baths:
    1.00
    Sq.Ft.:
    1,048
    Status:
    Active
    MLS#:
    167163
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.13 Acres
    Year built:
    2004
    Courtesy: RE/MAX HORSESHOE BAY RESORT SA
    View additional info

    Duplex located in the heart of Horseshoe Bay! Cute, clean 2 bedroom/ 1 bath rental. This charming home features an updated kitchen, two spacious bedrooms, and plenty of storage space. Open concept living with easily maintainable tile flooring. Outdoor features include private patio, carport and plenty of green space. This is a non smoking rental. Owner prefers a 1 yr lease.

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    1,621
    Status:
    Active
    MLS#:
    167102
    Type:
    Condo
    Subdivision:
    Enclave at Horseshoe Bay
    Lot size:
    0.09 Acres
    Year built:
    2008
    Courtesy: Horseshoe Bay ONE Realty
    View additional info

    Available for Rent April 1st 2024! 106 San Marino way is a gorgeous 3 bedroom 2 Bath 1621 sqft Condo in the esteemed Enclaves at Horseshoe Bay. The Enclaves is widely regarded as the nicest condominium complex in Horseshoe Bay. Kick back and relax nights and weekends at the commons area that has a beautiful pool, outdoor kitchen area, pergola, patio tables and a large outdoor living area with couches, a fireplace and TV. These condos are true lock and leave, care-free living as the exterior maintenance/watering/lawns/landscaping are all taken care of by the HOA. Perfect for a full time resident, family, or a weekend get away for out of town Horseshoe Bay resort members. This corner unit is very well cared for and has a spacious backyard patio overlooking the pond and hill country behind the home. Washer, dryer, and refrigerator included. Available for 12, 18 or 24 month lease.

    Beds:
    3
    Baths:
    2.00
    Sq.Ft.:
    2,089
    Status:
    Active
    MLS#:
    167005
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.27 Acres
    Year built:
    1998
    Courtesy: Horseshoe Bay Resort Realty
    View additional info

    Looking for a great furnished home to rent in Horseshoe Bay Proper...this is it!?! The home is close to everything happening in Horseshoe Bay and has 3 bedrooms, 2 baths with a great backyard for a small dog. Small pets are allowed with approval of owner and a $350 non-refundable deposit. There is also a wonderful enclosed sun porch and 2 car garage. Available for 6-12 month lease, this home is move-in ready. Call today to schedule a showing.

    Beds:
    3
    Baths:
    3.00
    Sq.Ft.:
    1,814
    Status:
    Active
    MLS#:
    166928
    Type:
    Single Family
    Subdivision:
    Horseshoe Bay P
    Lot size:
    0.23 Acres
    Year built:
    1980
    Courtesy: The Busse Akers Group - KW
    View additional info

    JUST RELISTED DUE TO MAJOR RENOVATIONS! A beautiful home right in the center of Horseshoe Bay, seated on the scenic Slick Rock Golf Course on a quiet cul-de-sac! Such a charming home with a cozy and inviting large great room with vaulted ceilings, double-french doors that open right onto the patio, and a stone wood-burning fireplace. Enjoy stunning fairway views from kitchen, great room, and primary bedroom along with an abundance of windows to bring nature in. The remodeled kitchen opens into the great room and includes white QUARTZ countertops, new 13-foot island with recessed lighting, new gold-finished faucet, and a modern new rangehood...with recently renovated custom cabinetry, efficient appliances and a very spacious pantry. This home has 3 bedrooms and 3 recently remodeled full baths to include white tile showers, QUARTZ countertops and new custom floating vanity in guest bath. Other renovations include installation of a heavy modern iron/glass front door, recessed lighting and oversized ceiling fan in great room, new paint, new ceiling fans, lighting and faucets throughout. Stained concrete floors throughout. Covered patio opens onto fabulous golf course views. REFRIGERATOR, OUTDOOR TV & GRILL INCLUDED! Close proximity to hospital, and Llano ISD schools. No smoking. Dog breeds and sizes to be approved by landlord. 6-9 month lease will be considered at a varied rate. Application fee $75. Security deposit $3,195. Admin fee $100 One time pet fee $500.

    Beds:
    2
    Baths:
    2.50
    Sq.Ft.:
    1,465
    Status:
    Active
    MLS#:
    164369
    Type:
    Townhouse
    Subdivision:
    Slickrock Twnhm
    Year built:
    1990
    Courtesy: Horseshoe Bay Resort Realty
    View additional info

    Update golf course townhome on #18 of Slick Rock Golf Course. Open concept kitchen to living area with cozy rock fireplace. Generous bedrooms each with en suite baths. Primary bedroom boasts coffee bar/wet bar with private balcony overlooking the tee box and adjacent pond. Secondary bedroom is also generously sized with a balcony overlooking the front entry. The laundry area is in between both bedrooms with full sized washer & dryer. Downstairs has the updated 1/2 bath and sliding doors to the open patio. There are two additional storage closets and ample space in the attached garage. This TH boasts a relaxing atmosphere to enjoy life in the Hill Country and easy access to the resort amenities (membership required). Unit is unfurnished but shown with furnishings for placement ideas. Also for sale at $379,900. Owner is a LREA

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