#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Owner financing available on this rare 1.52-acre build-ready homesite in the gated Estates on the River, a sought-after subdivision on the Colorado Arm of Lake LBJ. Level and ready for your custom Hill Country home, this Lone Oak Drive lot offers space for a pool, guest house, or workshop, with lovely views of the hills along Park Road 4, all behind a private gated entrance. The community is built for life on the water. Owners enjoy a private community boat ramp and pier on open water at the end of the subdivision, perfect for boating, fishing, and weekends on the lake. You are also close to Inks Lake State Park, The Hangar at Log Country Cove for family fun, and an easy drive to Burnet and Kingsland for dining and shopping. Acreage, privacy, open-water access, and flexible terms rarely come together like this. Bring your builder and your vision.
Property Type
Land
Lot Size
1.52 acres
HOA
$500/mo
Listed by eXp Realty, LLC
Property Details
Lot Features
Waterfront
Verified property facts
Lot 3 Lone Oak DR is zoned for BurnetCONSISD with assigned schools: Shady Grove (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
Lot 3 Lone Oak DR 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 Lot 3 Lone Oak DR is $1,121. 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.
With 20% down ($25,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 3 Lone Oak DR is around $767 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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% ($26K)
$129,900
Luxury property intelligence
A sourced read on Estates On The River pricing, timing, and property scale. No automated valuation claim.
List price
$129,900
Price per sqft
Not available
Vs. Estates On The River median
Not available
Days on market
176 days
Original to current
$10K reduction
$139.9K 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
At $129,900, Lot 3 Lone Oak DR is in the Estates On The River market where there are currently 156 active listings in 78611.
Lot 3 Lone Oak DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Lot 3 Lone Oak DR is part of a managed community with HOA dues of $500 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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