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Keenan Group#1 Austin Board of Realtors Team 2024

This property has sold on August 24, 2026. Looking for something similar? Contact us or browse available homes.

1505 County Road 118B, photo 1, Burnet, Burnet, TX
Sold

Per MLS rules, only the primary photo is shown for non-Keenan closed listings.

Off Marketas of Aug 25, 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.

$1,200,000

last listed

1505 County Road 118B, Burnet, TX 78611

Burnet•MLS# 3033857
3beds
2bath
1,549sqft
Built2004

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

3 bed, 2 bath, 1,549 sqft on 0.70 acres in Burnet. Burnet, TX 78611. Last listed at $1,200,000, sold August 24, 2026. BurnetCONSISD.

About This Home

Ready to start your lake life? This one is it! This inviting home sits on the shores of Lake LBJ, constant-level lake known for year-round boating, wakeboarding, jet skiing, and fishing. With full water levels and a private dock featuring two boat lifts, it’s easy to arrive for the weekend and be on the water in no time. Located in the heart of Texas Hill country-about 45 miles northwest of Austin, this property offers perfect balance of lake privacy and convenience. You’re just short drive from Marble Falls boutiques, restaurants, wineries, and lakeside park. Short Term rentals are allowed, offering flexibility for weekend escapes and sharing the home when you’re not using it. The spacious double lot provides plenty of room to gather, unwind, or expand, and the oversized gravel parking area easily accommodates boats, trailers, RVS, and guests. Where you envision this as your personal lake treat, an income-producing getaway, or both, this Lake LBJ property offers relaxed, easy waterfront living made for creating memories on and off the water.

Property Type
Residential
Year Built
2004
Lot Size
0.70 acres
Price / Sq Ft
$775
HOA
$20/year

Listing information last updated August 25, 2026.

Listed by Intelligent Real Estate, Inc.

MLS# 3033857 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Generous 0.70-acre lot
Ceiling Fan(s)
Double Vanity
Eat-in Kitchen
Interior Steps
Kitchen Island

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Double Vanity
  • Eat-in Kitchen
  • Interior Steps
  • Kitchen Island
  • Primary Bedroom on Main
  • Recessed Lighting

Appliances

  • Built-In Oven(s)
  • Microwave
  • Refrigerator

Flooring

  • Carpet
  • Tile
Heating
Central,Electric
Cooling
Central Air
Exterior & Lot

Features

  • Boat Dock - Private

Construction

  • Concrete

Foundation

  • Slab

Patio / Porch

  • Covered
  • Deck
Roof
Metal
Lot Size
0.70 Acres

Parking

  • Gravel
  • Off Street
  • Outside
  • Oversized

Waterfront

  • Lake Front
  • Waterfront
Financial
HOA Fee
$20 / year
Original List Price
$1,200,000
Price per Sq Ft
$775
Utilities
  • Electricity Connected
  • High Speed Internet
  • Water Connected
Water Source
Public
Sewer
Septic Tank

Price & Listing History

Pending with current price, original ask, and market time.

View Timeline
Current list
$1,200,000
Original list
$1,200,000
Price movement
No verified reduction
Listed / DOM
Feb 12, 2026

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$706,227
Assessment Year
2025
Year Built
2023
Parcel ID
R-20-9936-0010-0027
$706K
$620K
$706,227
2025
$620,229
-12.2% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026-12.2%
—$620,229$228,180$392,049
2025
—$706,227$309,064$397,163
5-Year Change-12.2%
Map showing 1505 County Road 118B
1505 County Road 118B
Directions

Zoned Schools

BurnetCONSISD

1 High School1 Middle School1 Elementary School

Burnet

High SchoolGrades 9-12Zoned assignment

Burnet

Middle SchoolGrades 6-8Zoned assignment

Burnet

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
$6,647

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($240K)

Adjustable assumption - not a lending recommendation.

$1,200,000

Loan: $960K
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

$1,200,000

Price per sqft

$775/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

No verified reduction

$1.2M original

Active inventory context

Ask for current inventory

Source: Public records and Keenan Group review as of Aug 25, 2026.

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Verified property facts

Frequently Asked Questions

What school district is 1505 County Road 118B in?

1505 County Road 118B is zoned for BurnetCONSISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.

What are the property details for 1505 County Road 118B?

1505 County Road 118B is a Residential built in 2004 featuring 3 bedrooms, 2 full bathrooms, 1,549 square feet, 0.70-acre lot.

What are the property taxes for 1505 County Road 118B?

The most recent annual property tax for 1505 County Road 118B is $14,345. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

What is the water access at 1505 County Road 118B?

The MLS listing marks 1505 County Road 118B as waterfront. The reported waterfront feature is Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 1505 County Road 118B?

The MLS listing reports HOA or association dues of $20 annual for 1505 County Road 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: 8/25/2026, 12:22:06 PM

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