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 listed1505 County Road 118B, Burnet, TX 78611
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.
The panoramic view of Lake LBJ is the defining feature of 1505 County Road 118B in Burnet, Burnet. This 3-bedroom, 2-bath home sits directly on the constant-level lake with unobstructed water vistas that dominate the property's orientation and daily living experience. The house is positioned to maximize sightlines across the lake from multiple rooms, and the covered deck extends that connection, making the water the natural focal point of how you move through and use this 1,549-square-foot residence.
The windows are positioned to capture the lake's changing light throughout the day. Morning sun reflects off the water into the main living areas, while afternoon views stretch across the open water toward the distant shoreline. The primary bedroom sits on the main level with sight lines to the lake, and the kitchen island's eat-in space faces outward so even meal preparation includes the view. Recessed lighting and ceiling fans are placed to avoid blocking sightlines, and the double vanity in the master bath overlooks the property's waterfront position.
The covered deck is where the lake life actually happens. This is the gathering point for sunrise coffee, sunset relaxation, and the transition between interior comfort and outdoor water access. A private boat dock with two boat lifts puts you directly on Lake LBJ's year-round boating conditions, which are ideal for wakeboarding, fishing, and jet skiing. The concrete construction and tile flooring on the main level are designed to handle the constant transition between lake activities and interior living.
Living at 1505 County Road 118B means waking up to water views and ending your day watching the light fade across the lake. The 0.7-acre lot provides the buffer distance for privacy while maintaining that panoramic vista feel. Located 45 minutes northwest of Austin in Burnet CONS ISD, this property sits in the heart of Hill Country lake country close enough to Marble Falls restaurants and shops but far enough removed to feel like genuine escape. The private dock access, combined with short-term rental allowance, means this view and lifestyle can work as personal refuge, income-generating property, or both. At $775 per square foot, the Lake LBJ waterfront position and boat dock access define the value proposition for buyers seeking constant-level water frontage in Central Texas.
- 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
Facts & Features
Interior
- Ceiling Fan(s)
- Double Vanity
- Eat-in Kitchen
- Interior Steps
- Kitchen Island
- Primary Bedroom on Main
- Recessed Lighting
- Built-In Oven(s)
- Microwave
- Refrigerator
- Carpet
- Tile
- Heating
- Central,Electric
- Cooling
- Central Air
Exterior & Lot
- Boat Dock - Private
- Concrete
- Slab
- Covered
- Deck
- Roof
- Metal
- Lot Size
- 0.70 Acres
- Gravel
- Off Street
- Outside
- Oversized
- 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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-12.2% | — | $620,229 | $228,180 | $392,049 |
2025 | — | $706,227 | $309,064 | $397,163 |
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, 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
Luxury property intelligence
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.
Request Private Market AnalysisConnect 1505 County Road 118B to the Austin Market
78611 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume








