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$1,175,000
last listed518 Morgan Creek Dr, Burnet, TX 78611
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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
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.
- Current list
- $1,175,000
- Original list
- $1,175,000
- Price movement
- No verified reduction
- Listed / DOM
- Nov 20, 2025
Zoned Schools
Burnet CISD
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% ($235K)
Adjustable assumption - not a lending recommendation.
$1,175,000
Luxury property intelligence
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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