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Verified property facts
308 Peninsula Dr is listed at $449,000 with 0 bedrooms, 1.37-acre lot. This places it above the 78611 median of $316,220.
308 Peninsula Dr is zoned for BurnetCONSISD with assigned schools: RJ Richey (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
308 Peninsula Dr 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 308 Peninsula Dr is $3,926. 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.
With 20% down ($89,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 308 Peninsula Dr is around $2,657 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Build Your Lake side Dream Home, Vacation Home or Legacy Home on a spacious 1.37 Acre Waterfront Sanctuary. Nestled within one of the most prestigious, tight-knit gated communities (The Peninsula @ Lake Buchanan) on the lake, this property offers the ultimate blend of privacy, rugged Texas beauty & upscale convenience. It is one of the few spots in the neighborhood where there is a lake view from the front & back of the house (when built.) Discover the perfect canvas for your architectural masterpiece on this sprawling water front lot. . It’s not just a "lot." It’s 1.3+ acres of Natural Central Texas beauty combining natural stone, old-growth trees & native plants/wildflowers that lead straight into the water. Most lake lots feel like you’re on top of your neighbors, but here? You actually have room to breathe. Boasting an expansive footprint, this property features stunning natural rock outcroppings and a gentle slope toward the pristine waters of Lake Buchanan. Whether you envision a modern glass retreat or a classic Hill Country estate, the generous lot provides ample room for a sprawling floor plan, outdoor living oasis and breathtaking views. Water is included in the HOA (provided by the community water processing plant.) The Private Marina and Boat Launch are moments from your future front door allowing you to enjoy seamless lake access and a dedicated boat slip. You don't have to deal with public ramp chaos, your private launch is close by. Don't wait. Water front opportunities of this size, in a gated enclave, do not come along often. Come see the vision for yourself! Stand on the rocks at sunset, looking at the still water of the lake, with a cold drink... it’s the quietest, most peaceful thing you’ll ever experience.
Property Type
Land
Lot Size
1.37 acres
HOA
$2400/mo
Listed by Coldwell Banker Realty
Property Details
Lot Features
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. Ratings from GreatSchools.org.
20% ($90K)
$449,000
Luxury property intelligence
A sourced read on Peninsula On Lake Buchanan pricing, timing, and property scale. No automated valuation claim.
List price
$449,000
Price per sqft
Not available
Vs. Peninsula On Lake Buchanan median
Not available
Days on market
4 days
Original to current
No verified reduction
$449K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market AnalysisAt $449,000, 308 Peninsula Dr is in the Peninsula On Lake Buchanan market where there are currently 151 active listings in 78611.
308 Peninsula Dr includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
308 Peninsula Dr is part of a managed community with HOA dues of $2,400 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.
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