
Custom-built lake house situated in the pristine area of Council Creek South on Lake Buchanan in Burnet County. The lake house is located about 15 minutes north of Burnet and provides an easy drive to Marble Falls and all the other Highland Lakes. The city of Austin and the airport can be accessed in about an hour. Constructed on three large lots this relaxing property offers plenty of room for the family and friends. The house was built in 2018 by the owner who is an experienced contractor. The owner constructed the home of 2x6 studs with spray-in insulation. To allow plenty of light and views of the lake the home features showcase vinyl windows that offer excellent durability. The spacious and cozy lake house offers 1,144 S.F. of living area, four bedrooms and two full baths. The living room is open to the kitchen and dining room. The interior of the home features an all-tile floor, knotty alder cabinets, and all quartz kitchen and bath counter-tops. The exterior is constructed of durable Hardi plank. The roof is constructed with all metal standing seem roofing. A covered lake side porch that overlooks the lake and a covered outdoor 210 S.F. gazebo with a cooking area and outdoor sink. While the cook is cooking the kids and family will enjoy the swing and bench that overlooks the lake. Large live oak trees are present and line the lake front. The large floating dock provides a great place for fishing and for docking the boats or jet skis and is made of durable all-weather material. A productive water well and water softener system and septic are already in place on the property. The structures were constructed of material that offer low or very little maintenance. This property offers an excellent investment opportunity. The owners have been successful in renting out the property for daily and weekend rentals. For anyone looking for a great place to live and enjoy the lake life, this property will make a great retirement or perfect permanent home!
Property Type
Residential
Year Built
2018
Lot Size
0.50 acres
$/Sq Ft
$695
HOA
$150/mo
Garage
4 spaces
Listed by Ranch Investments
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1512 County Road 137 is listed at $795,000 with 4 bedrooms, 2 full bathrooms, 1,144 square feet, 0.50-acre lot. This places it above the 78611 median of $316,220.
1512 County Road 137 is zoned for BurnetCONSISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
1512 County Road 137 is a Residential built in 2018 featuring 4 bedrooms, 2 full bathrooms, 1,144 square feet, 0.50-acre lot.
1512 County Road 137 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1512 County Road 137 is $5,184. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Listing timeline with current price, original ask, and market time.

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% ($159K)
$795,000
Luxury property intelligence
A sourced read on Council Creek South pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
$695/sqft
Vs. Council Creek South median
Not available
Days on market
13 days
Original to current
No verified reduction
$795K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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With 20% down ($159,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1512 County Road 137 is around $4,557 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $795,000, 1512 County Road 137 is in the Council Creek South market where there are currently 156 active listings in 78611.
1512 County Road 137 was built in 2018, making it 8 years old with relatively recent construction.
1512 County Road 137 includes verified waterfront access: Lake Front. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1512 County Road 137 is part of a managed community with HOA dues of $150 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$795,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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