#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on June 26, 2026. Looking for something similar? Contact us or browse available homes.
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$2,795,000
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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.
Property Type
Residential
Year Built
2026
Lot Size
0.26 acres
$/Sq Ft
$762
HOA
$40/year
Garage
1 spaces
Pool
Yes
Listed by StepStone Realty LLC
Verified property facts
1307 Cr 118b is listed at $2,795,000 with 5 bedrooms, 5 full, 1 half bathrooms, 3,667 square feet, 0.26-acre lot. This places it above the ZIP 78611 single-family closed-sale median price of $314,830 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
1307 Cr 118b is zoned for BurnetCONSISD with assigned schools: Shady Grove (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
1307 Cr 118b is a Residential built in 2026 featuring 5 bedrooms, 5 full, 1 half bathrooms, 3,667 square feet, 0.26-acre lot.
1307 Cr 118b is listed by StepStone Realty LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Jun 26, 2026.
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Property Details
Features
Appliances
Flooring
Features
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 1307 CR 118B, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| 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 |
BurnetCONSISD
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.
20% ($559K)
Adjustable assumption - not a lending recommendation.
$2,795,000
Luxury property intelligence
A sourced read on SHERWOOD SHORES III 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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This page does not assume a mortgage rate or publish a monthly payment for 1307 Cr 118b. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 26, 2026, 1307 Cr 118b is offered at $2,795,000. The current MLS snapshot shows 165 active listings in 78611.
The MLS listing marks 1307 Cr 118b as waterfront. The reported waterfront feature is Lake Front, River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $40 annual for 1307 Cr 118b. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$2,795,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| 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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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