Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024

$850,000

3Beds
2Baths
1,513Sq Ft
0.48 acresLot

318 Clear Creek Dr, Burnet, TX 78611

Reduced 6%$900,000
Burnet·MLS# 2589415·Built 1960·224 days on market

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!

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

1-car garage with additional parking capacity
Generous 0.48-acre lot
Breakfast Bar
Primary Bedroom on Main
Pantry
Walk-In Closet(s)

Facts & Features

Interior

Features

  • Breakfast Bar
  • Primary Bedroom on Main
  • Pantry
  • Walk-In Closet(s)
  • Study
  • Home Office

Appliances

  • Dishwasher
  • Microwave
  • Double Oven
  • Free-Standing Range
  • Refrigerator
  • Water Heater

Flooring

  • Carpet
  • Laminate
Heating
Fireplace(s),Wall Furnace,Wood
Cooling
Wall/Window Unit(s)
Fireplaces
1
Exterior & Lot

Features

  • Boat Dock - Shared
  • No Exterior Steps
  • Boat Dock - Private
  • Private Yard

Construction

  • Hardi
  • Plank Type

Lot Features

  • Cul-De-Sac
  • Level
  • Sprinkler - Automatic
  • Trees-Medium (20 Ft - 40 Ft)

Foundation

  • Slab

Patio / Porch

  • Porch
Roof
Composition
Lot Size
0.48 Acres

Parking

  • Attached
  • Garage Door Opener
Garage Spaces
1

Waterfront

  • 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.

  1. ActiveListed 2026
    Current price: $850,000Original list: $900,000MLS 2589415
    1. Listed · March 5, 2026$900,000
    2. Price changed · August 12, 2026$875,000
    3. 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.

View Timeline
Current list
$850,000
Original list
$900,000
Price movement
$50K reduction
Listed / DOM
Mar 5, 2026 · 224 days

Virtual Tour

Virtual tour of 318 Clear Creek Dr
Map showing 318 Clear Creek DR
318 Clear Creek DR
Directions

Zoned Schools

BurnetCONSISD

1 High School1 Middle School1 Elementary School

Burnet

High SchoolGrades 9-12Zoned assignment

Burnet

Middle SchoolGrades 6-8Zoned assignment

Shady Grove

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$4,708

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

Loan: $680K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
Get Pre-Qualified

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.

Request Private Market Analysis

More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 318 Clear Creek Dr?

318 Clear Creek Dr is listed at $850,000 with 3 bedrooms, 2 full bathrooms, 1,513 square feet, 0.48-acre lot. This places it above the ZIP 78611 single-family closed-sale median price of $340,000 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 318 Clear Creek Dr in?

318 Clear Creek Dr is zoned for BurnetCONSISD with assigned schools: Shady Grove (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.

What are the property details for 318 Clear Creek Dr?

318 Clear Creek Dr is a Residential built in 1960 featuring 3 bedrooms, 2 full bathrooms, 1,513 square feet, 0.48-acre lot.

What are the property taxes for 318 Clear Creek Dr?

The most recent annual property tax for 318 Clear Creek Dr is $9,276. 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.

How should a buyer estimate the monthly payment for 318 Clear Creek Dr?

This page does not assume a mortgage rate or publish a monthly payment for 318 Clear Creek Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 318 Clear Creek Dr compare with other homes in Burnet?

As of Oct 15, 2026, 318 Clear Creek Dr is offered at $850,000. The current MLS snapshot shows 164 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.

When was 318 Clear Creek Dr built?

318 Clear Creek Dr was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 318 Clear Creek Dr?

The MLS listing marks 318 Clear Creek Dr as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Burnet

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 8:47:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/15/2026, 8:47:03 AM

DMCA Notice · Privacy Policy · Terms