2 bed, 2 bath, 1,726 sqft on 1.02 acres in Burnet. Burnet, TX 78611. $825,000. BurnetCONSISD.
About This Home
A rare lakefront canvas with unmatched potential Lake Buchanan has a magic all its own quiet mornings with silver shimmering water at sunrise, deep-blue afternoons, and pink-sky evenings. This property places you right in the middle of that Texas lake-life experience.
Set on over an acre with nearly 300 feet of north-facing shoreline, it offers one of the most impressive and private lakefront settings available. Mature oaks frame panoramic views, and the gentle slope leads to deep water and a newer boathouse.
The 1976 home is dated and while it could be renovated, the true value is in the land and the development potential. Originally three lots, the property is now one large parcel but can be divided again, making it ideal for a private estate, multi-home retreat, or three separate residences.
Aggressively priced for land-first value, this is a rare opportunity to secure premier frontage and build something exceptional.
The canvas is extraordinary. The lifestyle is unforgettable. And the next story here could be yours
On more than an acre of north-facing Lake Buchanan shoreline, 108 Kings Plaza in Burnet offers nearly 300 feet of water frontage and the raw potential to define your own vision. The 1976 single-family residence sits on what was originally subdivided as three separate lots before consolidation, a characteristic that matters for buyers thinking beyond the current structure. The existing 2-bedroom, 2-full-bath home with a half-bath spans 1,726 square feet at $550 per square foot, placing the true value in the land rather than the building itself.
What distinguishes this property is its development flexibility. The parcel can be subdivided again into its original lot configuration, opening pathways for a multi-generational compound, separate guest residences, or a complete ground-up rebuild. Mature oak trees line the property and frame views across the water. The shoreline slopes gently toward deep water where a newer boathouse sits ready for use. Sunrise light hits the lake from the north-facing orientation, which photographers and early risers understand as the superior exposure for Lake Buchanan's changing light conditions throughout the day.
Lake Buchanan itself operates as Austin's oldest and third-largest water recreation destination, managed by Lower Colorado River Authority. The lake supports year-round boating, fishing for bass and catfish, and small beach access areas. The property sits in Burnet CISD, where Burnet Elementary, Burnet Middle School, and Burnet High School serve the area. The Burnet school system draws families seeking smaller class sizes and a community-oriented education model.
Driving south toward Austin technology corridors takes approximately 90 minutes to downtown. The route follows US 183 through sparsely developed Burnet County terrain, making this location ideal for professionals seeking full remote flexibility or those with flexible commute patterns. Local commerce centers around Burnet's downtown corridor along Main Street, roughly 15 minutes away by vehicle.
At $950,000 for over an acre of lakefront with significant water footage and subdividable lots, this property attracts land-focused investors and families ready to shape their own lakefront story. The existing structure matters less than the foundation underneath it and the water access that Lake Buchanan provides year-round.
The numbers behind this insight
- Offered at
- $825,000
- Listed
- November 21, 2025
- Price changes
- 1, down 13.2% from $950,000
- Asking price per sq ft
- $478
- Property Type
- Residential
- Year Built
- 1976
- Lot Size
- 1.02 acres
- Price / Sq Ft
- $478
- HOA
- $150/year
Listing information last updated May 16, 2026.
Listed by The Sears Group
MLS# 8751834 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Baths
- Ceiling-High
- Laminate Counters
- Interior Steps
- Primary Bedroom on Main
- Smart Thermostat
- Disposal
- Electric Range
- Microwave
- Free-Standing Electric Oven
- Trash Compactor
- Electric Water Heater
- Water Softener
- Carpet
- Parquet
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Boat Lift
- Boat Dock - Shared
- Satellite Dish
- Wood Siding
- Pie Shaped Lot
- Sloped Down
- Trees-Heavy
- Views
- Pillar
- Post
- Pier
- Deck
- Roof
- Shingle
- Lot Size
- 1.02 Acres
- Driveway
- Waterfront
- Yes
Financial
- HOA Fee
- $150 / year
- Original List Price
- $950,000
- Price per Sq Ft
- $478
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Private,Shared Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 108 Kings Plz, whoever represented it.
- ActiveListed 2025Current price: $825,000Original list: $950,000MLS 8751834
- Price changed · April 7, 2026$825,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $825,000
- Original list
- $950,000
- Price movement
- $125K reduction
- Listed / DOM
- Nov 21, 2025 · 328 days
Virtual Tour

Zoned Schools
BurnetCONSISD
Burnet
Burnet
Burnet
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T10:52:07.441+00:00; normalized from annual dues.
20% ($165K)
Adjustable assumption - not a lending recommendation.
$825,000
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Keenan Market Position
A sourced read on Burnet pricing, timing, and property scale. No automated valuation claim.
List price
$825,000
Price per sqft
$478/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
328 days
Original to current
$125K reduction
$950K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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