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$2,795,000
last listed1307 Cr 118b, Burnet, TX 78611
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5 bed, 5 bath, 3,667 sqft on 0.26 acres in Burnet. Burnet, TX 78611. Last listed at $2,795,000, sold June 26, 2026. BurnetCONSISD.
About This Home
New Luxury Construction on Open Water | Lake LBJ | Under $2.8M. Looking for one of the best values on Lake LBJ? Here it is, priced to sell and fully furnished, making this stunning new construction lake house a turnkey transition. Situated on 50 feet of prime open water, this exceptional property offers breathtaking Texas Hill Country and Nature views, thanks to the expansive ranch located directly across the lake. Enjoy a quiet and peaceful stretch of the lake with less boat traffic, perfect for safe swimming and great fishing, while still being just as close to WakePoint (less than 10 mins) as other homes on the lake. Step inside the 3,667 sqft, boasting 5 bedrooms and 5.5 bathrooms, this home will provide the ultimate elevated lake living experience. The gourmet kitchen is a chef’s dream featuring top-of-the-line appliances, expansive quartz countertops, and a seamless cohesive flow designed for effortless entertaining. The main level includes a luxurious primary suite along with a second bedroom for easy accessibility, ideal for guests or multigenerational living. Upstairs, the game room is built for fun with a pool table, shuffleboard, and TV for watching sports, all overlooking the water. This home was designed for outdoor living at its best featuring: two covered patios perfect for morning coffee or evening glass of wine, outdoor kitchen for lakeside dining, large heated pool, hot tub and fire pit for unforgettable s’mores nights! The grand boat dock is equally impressive and includes a boat lift, lifts for two jet skis, a playful slide, concrete upper party deck, an owner’s closet, and an additional closet for renters. Whether you are searching for a private luxury retreat, a high-performing short-term rental investment, or both, this fully furnished new construction priced under $2.8M is a rare opportunity on Lake LBJ. Secure one of the best values on the lake.
At $2.79 million, 1307 CR 118B delivers 50 feet of open Lake LBJ waterfront at roughly $762 per square foot, which puts a brand-new 2026 lake house in Burnet under a price point that is getting harder to find on constant-level water. At 1307 CR 118B in Burnet, Texas 78611, you are buying a 3,667-square-foot Residential - Single Family Residence with 5 bedrooms, 5 full baths, 1 half bath, a pool, 0.26 acres, and direct waterfront positioning that works for both owners and guests.
This part of Lake LBJ appeals to buyers who want open-water views without the heavier traffic you see in some of the more crowded stretches. Burnet sits in western Burnet County about a mile downstream from Roy Inks Dam, with practical access from Ranch Road 2342 and FM 1431. WakePoint on Lake LBJ is less than 10 minutes away, which matters for fuel, food, and quick dockside convenience. Inks Lake State Park and Longhorn Cavern State Park are also close enough to make the location feel connected to more than just the shoreline.
The layout makes sense for real lake living. The main level includes the primary suite and a second bedroom, which is useful for long stays, guests who do not want stairs, or multigenerational use. Upstairs, the game room looks over the water and gives the home another true gathering space instead of wasted square footage. Outside, the heated pool, hot tub, fire pit, covered patios, outdoor kitchen, and large dock create multiple zones for swimming, fishing, boating, and evening entertaining. For buyers thinking about short-term rental potential, the furnished setup and dedicated storage at the dock are practical advantages.
School assignment is another key data point. The property is in BurnetCONSISD, with Shady Grove, Burnet (Burnet ISD), and Burnet listed as the assigned schools. Burnet and Kingsland are both easy drives for everyday needs, while Marble Falls is the usual retail and restaurant run for many Lake LBJ owners. With only 1 day on market, this address is still fresh inventory, and that matters because newly built waterfront homes with a pool at this price point do not sit long when buyers are paying attention.
What makes 1307 CR 118B stand out is its range. It works as a full-time home, a second home, or a revenue-producing waterfront property without feeling compromised in any one role. On this stretch of Burnet County shoreline, that kind of flexibility supports both day-to-day enjoyment and long-term value.
- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.26 acres
- Price / Sq Ft
- $762
- HOA
- $40/year
- Garage
- 1 spaces
- Pool
- Yes
Listing information last updated June 15, 2026.
Listed by StepStone Realty LLC
MLS# 9867174 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Built-in Features
- Quartz Counters
- Double Vanity
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Tankless Water Heater
- Wine Cooler
- Carpet
- Laminate
- Tile
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Boat Dock - Private
- Outdoor Grill
- Private Yard
- Gentle Sloping
- Landscaped
- Views
- Fenced
- Wrought Iron
- Slab
- Covered
- Enclosed
- Patio
- Terrace
- Roof
- Metal
- Lot Size
- 0.26 Acres
- Concrete
- Garage
- Paved
- Private
- Garage Spaces
- 1
- Pool
- Yes
- Lake Front
- River Front
- Waterfront
Financial
- HOA Fee
- $40 / year
- Original List Price
- $2,795,000
- Price per Sq Ft
- $762
Utilities
- Natural Gas Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $2,795,000
- Original list
- $2,795,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 26, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,648,343
- Assessment Year
- 2025
- Year Built
- 2015
- Parcel ID
- 000000125475
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+6.3% | — | $1,648,343 | — | — |
2024+22.9% | — | $1,550,000 | $420,000 | $1,008,000 |
2023+30.8% | — | $1,261,369 | $420,000 | $1,130,000 |
2022 | — | $964,200 | $420,000 | $841,369 |
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Zoned Schools
BurnetCONSISD
Burnet
Burnet
Shady Grove
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($559K)
Adjustable assumption - not a lending recommendation.
$2,795,000
Luxury property intelligence
Keenan Market Position
A sourced read on Burnet pricing, timing, and property scale. No automated valuation claim.
List price
$2,795,000
Price per sqft
$762/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$2.8M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Jun 26, 2026.
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