
Experience luxury Lake LBJ waterfront living on the Colorado Arm in this beautifully updated Fredericksburg-inspired estate. The 3,875 sq ft main home and 2,000 sq ft Barndominum sit on 3.2 acres with approximately 248 feet of waterfront and features 4 bedrooms, 5 baths, a 2-car garage, all-new windows and luxury appliances in the main house. The spacious kitchen includes a large butler’s pantry with sink, ice maker, dishwasher, microwave, beverage drawers, refrigerator storage, and abundant cabinetry. The owner’s retreat offers a large walk-in closet with built-ins, private patio, soaking tub, and oversized walk-in shower. Additional highlights include ensuite guest rooms, upstairs loft, bunkroom, lake-view balcony, office, and laundry room with dual washer/dryer setup and storage. Outdoor amenities include a covered porch, outdoor kitchen, large infinity edge pool, hot tub, and a newly built 75x40 boat dock with 2 slips, storage room, bar/maintenance room, and patio. The barndominium features a large kitchen, full bath, living space, sleeping loft, and two covered porches, plus peach trees right in your backyard. A bonus feature is the 1,800 sq ft storage barn big enough to hold all your toys, with 3 roll up doors. So many incredible features to this unique property! All this backing up to a local vineyard with amazing Hill Country views.
Property Type
Residential
Year Built
2000
Lot Size
3.20 acres
$/Sq Ft
$928
HOA
$500/year
Garage
2 spaces
Pool
Yes
Listed by McAlister Realty
Verified property facts
237 Waters Edge is listed at $5,450,000 with 4 bedrooms, 6 full bathrooms, 5,875 square feet, 3.20-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 4, 2026).
237 Waters Edge is zoned for BurnetCONSISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
237 Waters Edge is a Residential built in 2000 featuring 4 bedrooms, 6 full bathrooms, 5,875 square feet, 3.20-acre lot.
237 Waters Edge is listed by McAlister Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 237 Waters Edge is $32,875. 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.
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Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 237 Waters Edge, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending 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% ($1.1M)
Adjustable assumption - not a lending recommendation.
$5,450,000
Luxury property intelligence
A sourced read on Ft Mason Crossing pricing, timing, and property scale. No automated valuation claim.
List price
$5,450,000
Price per sqft
$928/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
99 days
Original to current
$450K reduction
$5.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 237 Waters Edge. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 237 Waters Edge is offered at $5,450,000. The current MLS snapshot shows 165 active listings in 78611.
The MLS listing marks 237 Waters Edge 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.
The MLS listing reports HOA or association dues of $500 annual for 237 Waters Edge. 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
3 events on record
Current Price
$5,450,000
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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