
Nestled on a deep-water cove of beautiful Lake Buchanan, this 1,408 sq. ft. lake house offers the perfect blend of comfort, potential, and Texas Hill Country charm. Featuring 2 bedrooms, 2.5 bathrooms, and a spacious loft, the home provides flexible living space for full-time living, weekend getaways, or vacation rentals. Start your mornings on the massive back patio, perfectly positioned to catch the lake breeze while watching the sunrise, and spend your evenings on the large front porch watching the beautiful sunset. Follow the brand-new stairs down to your private boat dock. The deep-water cove location ensures excellent water access for boating and swimming, even when lake levels fluctuate. A 2-car garage and lower-level workshop, craft room, or additional storage area provide plenty of space for hobbies and lake toys. The recently reduced price reflects an as-is sale, allowing buyers to customize the property to their taste while accommodating the installation of a new septic system. Many updates have already been completed, creating a solid foundation for future improvements. Sold fully furnished, this lake retreat is ready for immediate enjoyment. Located just minutes from Spider Mountain and surrounded by the recreational opportunities of the Texas Hill Country, you'll have easy access to boating, fishing, hiking, mountain biking, wineries, and more. Whether you're seeking adventure or relaxation, this Lake Buchanan getaway delivers the best of waterfront living.
Property Type
Residential
Year Built
1984
Lot Size
0.36 acres
$/Sq Ft
$366
HOA
$60/mo
Garage
2 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
607 County Road 142 is listed at $515,000 with 2 bedrooms, 2 full, 1 half bathrooms, 1,408 square feet, 0.36-acre lot. This places it above the 78611 median of $316,220.
607 County Road 142 is zoned for BurnetCONSISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
607 County Road 142 is a Residential built in 1984 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,408 square feet, 0.36-acre lot.
607 County Road 142 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 607 County Road 142 is $5,693. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Listing timeline with current price, original ask, and market time.

BurnetCONSISD
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% ($103K)
$515,000
Luxury property intelligence
A sourced read on Rocky Point pricing, timing, and property scale. No automated valuation claim.
List price
$515,000
Price per sqft
$366/sqft
Vs. Rocky Point median
Not available
Days on market
114 days
Original to current
$80K reduction
$595K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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With 20% down ($103,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 607 County Road 142 is around $3,147 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $515,000, 607 County Road 142 is in the Rocky Point market where there are currently 156 active listings in 78611.
607 County Road 142 was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
607 County Road 142 includes verified waterfront access: Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
607 County Road 142 is part of a managed community with HOA dues of $60 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$595,000
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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