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Keenan Group#1 Austin Board of Realtors Team 2024

This property has sold on June 26, 2026. Looking for something similar? Contact us or browse available homes.

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Off Marketas of Jun 26, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$2,795,000

last listed

1307 Cr 118b, Burnet, TX 78611

Burnet•MLS# 9867174
5beds
5full1half
3,667sqft
Built2026

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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.

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

Private pool and outdoor entertaining setup
1-car garage with additional parking capacity
New construction completed in 2026
Generous 0.26-acre lot
Built-in Features
Quartz Counters

Facts & Features

Interior

Features

  • Built-in Features
  • Quartz Counters
  • Double Vanity
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • Tankless Water Heater
  • Wine Cooler

Flooring

  • Carpet
  • Laminate
  • Tile
Heating
Central
Cooling
Central Air
Exterior & Lot

Features

  • Balcony
  • Boat Dock - Private
  • Outdoor Grill
  • Private Yard

Lot Features

  • Gentle Sloping
  • Landscaped
  • Views

Fencing

  • Fenced
  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Enclosed
  • Patio
  • Terrace
Roof
Metal
Lot Size
0.26 Acres

Parking

  • Concrete
  • Garage
  • Paved
  • Private
Garage Spaces
1
Pool
Yes

Waterfront

  • 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.

View Timeline
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
$1.6M
$964K
$964,200
2022
$1,261,369
+30.8% from prev
2023
$1,550,000
+22.9% from prev
2024
$1,648,343
+6.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
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
5-Year Change71.0%

Virtual Tour

Virtual tour of 1307 Cr 118b
Map showing 1307 Cr 118b
1307 Cr 118b
Directions

Zoned Schools

BurnetCONSISD

1 High School1 Middle School1 Elementary School

Burnet

High SchoolGrades 9-12Zoned assignment

Burnet

Middle SchoolGrades 6-8Zoned assignment

Shady Grove

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$15,482

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

Loan: $2.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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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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Verified property facts

Frequently Asked Questions

What school district is 1307 Cr 118b in?

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.

What are the property details for 1307 Cr 118b?

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.

What is the water access at 1307 Cr 118b?

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.

What is the community structure at 1307 Cr 118b?

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.

Why Choose the #1 Austin Board Team for Burnet

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 6/26/2026, 7:25:02 AM

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