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$1,195,000
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4 bed, 4 bath, 4,756 sqft on 0.81 acres in Rocky Point. Burnet, TX 78611. $1,195,000. Burnet CISD.
Lakeside Luxury Compound Meets Hill Country Adventure-
Tucked away in the tranquil Rocky Point subdivision on the shores of Lake Buchanan, this is a rare multi-home waterfront estate that blends laid-back luxury with boundless adventure. Designed for those who crave breathtaking lake views, direct access to the water, and a seamless indoor-outdoor lifestyle, this renovated property is the ultimate retreat for lake lovers, outdoor enthusiasts, and savvy investors.
Spanning two legal lots, this exceptional compound is more than just a home—it’s a destination. Whether you’re seeking a private getaway, a high-performing short-term rental, or an entertainer’s dream estate, this property delivers it all. With two beautifully updated homes, a sprawling outdoor oasis, and a massive garage / game room built to house all of your lake toys, every detail has been designed for maximum comfort, recreation, and convenience- offering the ideal setup for multi-generational living, vacation rental income, or a private lakeside escape with room to host family and friends.
Set on over an acre of prime lakefront land, this property was designed for those who live for the water, the outdoors, and the joy of hosting. The property has an RV and boat garage with multiple bays, RV hook ups, hot tub, playground, and built-in boat ramp with room to add a dock. When the lake is full, the water meets the property’s sandy beach-like setting, perfect for wading, swimming, or launching kayaks.
For those looking to generate passive income, 206 County Road 142 is an investor’s dream in a prime high-demand short-term rental market. Lakeshore Drive is more than a home—it’s a rare offering on one of Texas’ most stunning lakes, designed for those who crave a life of adventure, relaxation, and financial opportunity.
Verified property facts
206 County Road 142 is listed at $1,195,000 with 4 bedrooms, 4 full bathrooms, 4,756 square feet, 0.81-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 25, 2026).
206 County Road 142 is zoned for Burnet CISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
206 County Road 142 is a Residential built in 1997 featuring 4 bedrooms, 4 full bathrooms, 4,756 square feet, 0.81-acre lot.
206 County Road 142 is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Apr 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 206 County Road 142, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Burnet CISD
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% ($239K)
Adjustable assumption - not a lending recommendation.
$1,195,000
Luxury property intelligence
A sourced read on Rocky Point pricing, timing, and property scale. No automated valuation claim.
List price
$1,195,000
Price per sqft
$251/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$155K reduction
$1.4M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 206 County Road 142. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 206 County Road 142 is offered at $1,195,000. The current MLS snapshot shows 165 active listings in 78611. Keenan Group has completed 1 verified transactions in 78611 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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