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This property has sold on January 28, 2026. Looking for something similar? Contact us or browse available homes.

518  Morgan Creek Dr, photo 1, Burnet, Burnet, TX
Sold

Per MLS rules, only the primary photo is shown for non-Keenan closed listings.

Off Marketas of Mar 26, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$1,175,000

last listed

518 Morgan Creek Dr, Burnet, TX 78611

Burnet•MLS# 4950614
4beds
3full1half
2,711sqft
Built2004

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

4 bed, 3 bath, 2,711 sqft on 0.56 acres in Burnet. Burnet, TX 78611. Last listed at $1,175,000, sold January 28, 2026. Burnet CISD.

About This Home

Wow! Are you ready for a true Lake Buchanan oasis? This is an incredible opportunity to own a beautifully updated lake home with deepwater access, perfect for year-round enjoyment. Meticulously maintained and designed for both luxury and leisure, this 3-bedroom, 2-bathroom home with a versatile bonus room is your ticket to the lake life you've always dreamed of. The heart of the home is a totally redone kitchen that will delight any chef, featuring elegant wood floors, new custom cabinets, and a full suite of high-end KitchenAid appliances. The bathrooms have also been updated, reflecting a modern and fresh aesthetic. Spend less time on chores and more time enjoying the view, thanks to the premium gutter system with a leaf guard that saves you from tedious maintenance. Step outside to your private paradise. An expansive back porch provides the perfect setting to relax and soak in the incredible, sweeping views of Lake Buchanan. For the water enthusiast, your own floating boat dock comes with an electric lift and two personal watercraft lifts, making it effortless to get on the water for family fun. This property is a dream for those with a passion for toys and travel. Located just across the street is a large, separate garage designed to house an RV, a boat, and all your favorite gear. This is a rare and invaluable feature, providing secure storage and protecting your investments. This immaculately maintained property is a true gem—it's not just a home, it's a lifestyle. Come see it today!

Property Type
Residential
Year Built
2004
Lot Size
0.56 acres
Price / Sq Ft
$433

Listing information last updated January 16, 2026.

Listed by Horseshoe Bay Living 2, LLC

MLS# 4950614 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Generous 0.56-acre lot
The bathrooms have also been updated, reflecting a modern and fresh aesthetic
Step outside to your private paradise
This property is a dream for those with a passion for toys and travel
This is a rare and invaluable feature, providing secure storage and protecting your investments
This immaculately maintained property is a true gem—it's not just a home, it's a lifestyle

Facts & Features

Exterior & Lot
Lot Size
0.56 Acres
Financial
Original List Price
$1,175,000
Price per Sq Ft
$433

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,175,000
Original list
$1,175,000
Price movement
No verified reduction
Listed / DOM
Nov 20, 2025
Map showing 518  Morgan Creek Dr
518 Morgan Creek Dr
Directions

Zoned Schools

Burnet CISD

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
$6,508

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($235K)

Adjustable assumption - not a lending recommendation.

$1,175,000

Loan: $940K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Burnet pricing, timing, and property scale. No automated valuation claim.

List price

$1,175,000

Price per sqft

$433/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

No verified reduction

$1.2M original

Active inventory context

Ask for current inventory

Source: Public records and Keenan Group review as of Mar 26, 2026.

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Frequently Asked Questions

What school district is 518 Morgan Creek Dr in?

518 Morgan Creek Dr is zoned for Burnet CISD 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 518 Morgan Creek Dr?

518 Morgan Creek Dr is a Residential built in 2004 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,711 square feet, 0.56-acre lot.

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

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Last updated: 3/26/2026, 6:29:26 PM

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