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3 bed, 2 bath, 2,217 sqft on 1.50 acres in Highland Lakes Acres. Cottonwood Shores, TX 78657. $995,000. Marble Falls ISD.
Rare Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. This beautifully maintained single-story home features stunning lake views, an updated kitchen, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. Ancient pecan trees, privacy fencing, greenhouse, detached powered workshop, storage building, and full RV hookup provide remarkable flexibility for lake living, entertaining, hobbies, or future expansion. Currently operating as a popular short-term rental, offering attractive income potential. Minutes from Horseshoe Bay Resort, Marble Falls shopping, dining, and area attractions, with easy access to Austin. Seller financing available with competitive terms. An exceptional combination of waterfront living, acreage, privacy, and investment potential!
Verified property facts
3721 Lakeview DR is listed at $995,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,217 square feet, 1.50-acre lot.
3721 Lakeview DR is zoned for Marble Falls ISD with assigned schools: Colt (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
3721 Lakeview DR is a Residential built in 1982 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,217 square feet, 1.50-acre lot.
3721 Lakeview DR is listed by LPT Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
The most recent annual property tax for 3721 Lakeview DR is $11,444. 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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1 record on file
Every recorded listing, sale, and lease at 3721 Lakeview DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Marble Falls ISD
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% ($199K)
Adjustable assumption - not a lending recommendation.
$995,000
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A sourced read on Highland Lakes Acres pricing, timing, and property scale. No automated valuation claim.
List price
$995,000
Price per sqft
$449/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
130 days
Original to current
$154K reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 3721 Lakeview DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 3721 Lakeview DR is offered at $995,000. The current MLS snapshot shows 142 active listings in 78657.
3721 Lakeview DR was built in 1982 (44 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 3721 Lakeview DR 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$995,000
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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