
Build your Lake Buchanan getaway in the Bonanza Beach community, where lake living, Hill Country scenery, and outdoor recreation come together. Situated on elevated terrain near the top of a hill, this vacant lot offers the potential for lake views and views of the White Bluffs, creating a unique setting for a future custom home, weekend retreat, or investment property. Located just down the street from the Bonanza Beach community boat ramp and park, owners enjoy convenient access to Lake Buchanan for boating, fishing, kayaking, and year-round outdoor recreation. As the largest lake in the Highland Lakes chain, Lake Buchanan is known for its scenic beauty, open water, and endless opportunities to enjoy the Texas Hill Country lifestyle. The property's elevated location provides a setting that takes advantage of the surrounding landscape while remaining close to everyday conveniences. H-E-B, restaurants, shopping, medical services, and other amenities in Burnet are less than a 15-minute drive away, allowing you to enjoy a peaceful lakeside community without sacrificing accessibility. Whether you're looking to build a full-time residence, a weekend escape, or secure land for future plans, this property offers a rare opportunity to own near one of Central Texas' most popular recreational destinations. Additional adjoining lots may be available separately, creating a potential opportunity for buyers seeking additional space, expanded road frontage, or a larger homesite. Buyer to verify availability of adjoining parcels, utilities, restrictions, lot dimensions, and suitability for intended use.
Property Type
Land
Lot Size
0.12 acres
HOA
$60/mo
Listed by New Hope Realty Group
Property Details
Lot Features
Waterfront
Verified property facts
706 Cr138a Rd is zoned for BurnetCONSISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
706 Cr138a Rd 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.
With 20% down ($6,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 706 Cr138a Rd is around $211 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $30,000, 706 Cr138a Rd is in the Bonanza Beach market where there are currently 156 active listings in 78611.
706 Cr138a Rd includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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% ($6K)
$30,000
Luxury property intelligence
A sourced read on Bonanza Beach pricing, timing, and property scale. No automated valuation claim.
List price
$30,000
Price per sqft
Not available
Vs. Bonanza Beach median
Not available
Days on market
12 days
Original to current
No verified reduction
$30K 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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#1 ABOR Team 2024 with $1B+ career sales volume
706 Cr138a Rd 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.
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