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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
$1,523
HOA
$500/mo
Garage
15 spaces
Pool
Yes
Listed by McAlister Realty
Verified property facts
237 Waters Edge is listed at $5,900,000 with 4 bedrooms, 5 full bathrooms, 3,875 square feet, 3.20-acre lot. This places it above the 78611 median of $316,220.
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, 5 full bathrooms, 3,875 square feet, 3.20-acre lot.
237 Waters Edge 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 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed 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% ($1.2M)
$5,900,000
Luxury property intelligence
A sourced read on Ft Mason Crossing pricing, timing, and property scale. No automated valuation claim.
List price
$5,900,000
Price per sqft
$1,523/sqft
Vs. Ft Mason Crossing median
Not available
Days on market
3 days
Original to current
No verified reduction
$5.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 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
With 20% down ($1,180,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 237 Waters Edge is around $33,353 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $5,900,000, 237 Waters Edge is in the Ft Mason Crossing market where there are currently 150 active listings in 78611.
237 Waters Edge includes verified waterfront access: See Remarks,Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
237 Waters Edge sits on a 3.20-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
237 Waters Edge is part of a managed community with HOA dues of $500 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.
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.
1 event on record
Current Price
$5,900,000
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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