3 bed, 2 bath, 1,513 sqft on 0.48 acres in Burnet. Burnet, TX 78611. $850,000. BurnetCONSISD.
About This Home
Lakefront Retreat on Inks Lake – Turnkey Investment Opportunity! Welcome to your relaxing lakeside escape located on the constant-level waters of Inks Lake. 318 Clear Creek Dr., Burnet, TX. This fully furnished lakefront retreat offers the perfect blend of comfort, recreation, and proven income potential. Currently operating as a successful short-term vacation rental, this property presents an excellent opportunity for investors seeking immediate rental income, while also appealing to buyers looking for a private lake retreat to enjoy with family and friends. Inside, the home features 3 bedrooms and 2 bathrooms, providing plenty of room for guests. The inviting interior offers comfortable living spaces designed for relaxing after a day on the water. The home is being sold fully furnished with furniture and decor, creating a warm and welcoming atmosphere and making it truly turnkey for continued vacation rental use or immediate enjoyment. Step outside to experience the best of lake life. The property features a private dock with boat lift, providing convenient access to boating, fishing, and enjoying the water. Also included are 2 kayaks and a paddle board, giving owners and guests more ways to enjoy beautiful Inks Lake. The outdoor setting adds even more charm with productive fruit trees and berries, including a well-producing fig tree, plum tree, pomegranate tree, and blackberries. When in bloom, these plantings create beautiful seasonal color, enhancing the peaceful lakeside atmosphere. Enjoy morning coffee by the shore, relax in the outdoor seating areas, or gather around the fire pit in the evening for beverages and conversation by the lake. With its established rental history, included furnishings and decor, watercraft, private dock, and inviting outdoor setting, this is a rare opportunity for buyers seeking a turnkey lakefront investment or personal retreat. Cast a line, launch a kayak, and start making memories as your lakefront getaway awaits!
The view from 318 Clear Creek Dr in Burnet commands the water before you command anything else. This lakefront home on Inks Lake sits positioned to capture constant-level waters that stretch across your entire visual field, and the house itself is oriented like a ship's bridge - everything faces the lake. From the moment you step inside, windows frame the water as your primary landscape, not an afterthought. The glass doesn't merely look out; it pulls the exterior in, collapsing the boundary between indoors and the shoreline view that defines daily life here.
The window strategy matters on waterfront property. Here, living areas open directly toward the lake, so morning coffee, breakfast at the kitchen bar, and evening conversation all happen with Inks Lake as the backdrop. The primary bedroom sits on the main floor with direct views, meaning you wake to water. This 1,513 square foot, three-bedroom home maximizes sightlines across its footprint - no wasted wall space, no blocked vistas. At $595 per sqft, you're paying for location and those unobstructed panoramas.
The outdoor living is where the view becomes lifestyle. The private dock with boat lift connects directly to the lake, positioned so the dock extends your view rather than blocking it. Two kayaks and a paddle board come with the property, transforming Inks Lake from something you see into something you use. The porch wraps toward the water. Fire pit conversations happen with the lake as your audience. Productive fig, plum, and pomegranate trees dot the 0.4768-acre lot, adding seasonal color and fruit to an already abundant outdoor setting.
This property has operated successfully as a short-term rental, proving that others are willing to pay for exactly what you get here - waterfront access on Inks Lake, full furnishings, established income potential, and the rare combination of investment practicality with personal retreat quality. The cul-de-sac lot in Burnet subdivision provides privacy while the Burnet CISD schools (Shady Grove Elementary, Burnet Middle, Burnet High) serve the area. At 27 days on market, this waterfront positioning on constant-level water doesn't last long in Burnet's lake country. Living here means the view isn't decoration; it's infrastructure.
The numbers behind this insight
- Offered at
- $850,000
- Listed
- March 5, 2026
- Price changes
- 2, down 5.6% from $900,000
- Asking price per sq ft
- $562
- Property Type
- Residential
- Year Built
- 1960
- Lot Size
- 0.48 acres
- Price / Sq Ft
- $562
- Garage
- 1 spaces
Listing information last updated October 1, 2026.
Listed by Coldwell Banker Apex
MLS# 2589415 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Primary Bedroom on Main
- Pantry
- Walk-In Closet(s)
- Study
- Home Office
- Dishwasher
- Microwave
- Double Oven
- Free-Standing Range
- Refrigerator
- Water Heater
- Carpet
- Laminate
- Heating
- Fireplace(s),Wall Furnace,Wood
- Cooling
- Wall/Window Unit(s)
- Fireplaces
- 1
Exterior & Lot
- Boat Dock - Shared
- No Exterior Steps
- Boat Dock - Private
- Private Yard
- Hardi
- Plank Type
- Cul-De-Sac
- Level
- Sprinkler - Automatic
- Trees-Medium (20 Ft - 40 Ft)
- Slab
- Porch
- Roof
- Composition
- Lot Size
- 0.48 Acres
- Attached
- Garage Door Opener
- Garage Spaces
- 1
- Lake Front
Financial
- Original List Price
- $900,000
- Price per Sq Ft
- $562
Utilities
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- Private
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 318 Clear Creek DR, whoever represented it.
- ActiveListed 2026Current price: $850,000Original list: $900,000MLS 2589415
- Listed · March 5, 2026$900,000
- Price changed · August 12, 2026$875,000
- Price changed · October 1, 2026$850,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $850,000
- Original list
- $900,000
- Price movement
- $50K reduction
- Listed / DOM
- Mar 5, 2026 · 224 days
Virtual Tour

Zoned Schools
BurnetCONSISD
Burnet
Burnet
Shady Grove
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($170K)
Adjustable assumption - not a lending recommendation.
$850,000
Luxury property intelligence
Keenan Market Position
A sourced read on Burnet pricing, timing, and property scale. No automated valuation claim.
List price
$850,000
Price per sqft
$562/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
224 days
Original to current
$50K reduction
$900K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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