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Burnet 78611
1505 County Road 118B
$1,200,000
● House - Off Market

1505 County Road 118B

Burnet, TX 78611
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,549 Ft²
$7,090
Est. Monthly
$2
HOA / Fees

About This Property

Ready to start your lake life? This one is it! This inviting home sits on the shores of Lake LBJ, constant-level lake known for year-round boating, wakeboarding, jet skiing, and fishing. With full water levels and a private dock featuring two boat lifts, it's easy to arrive for the weekend and be on the water in no time. Located in the heart of Texas Hill country-about 45 miles northwest of Austin, this property offers perfect balance of lake privacy and convenience. You're just short drive from Marble Falls boutiques, restaurants, wineries, and lakeside park. Short Term rentals are allowed, offering flexibility for weekend escapes and sharing the home when you're not using it. The spacious double lot provides plenty of room to gather, unwind, or expand, and the oversized gravel parking area easily accommodates boats, trailers, RVS, and guests. Where you envision this as your personal lake treat, an income-producing getaway, or both, this Lake LBJ property offers relaxed, easy waterfront living made for creating memories on and off the water.
Unit Size
1,549 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$775
Property Type
House
Property Taxes
$1,195
HOA Dues
$2
Year Built
2004

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Last updated: 2 months ago (Unlock MLS #ACT3033857)

Price History

Date / Event Date Event Price
Jul 28, 2026 In contract -
In contract
Feb 12, 2026 Listed by Intelligent Real Estate, Inc. $1,200,000
Listed by Intelligent Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 102
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,549
  • Gross Building Area: 1,549
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD SHORES III
  • Land Acres: 0000000002
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: S7700 SHERWOOD SHORES III LOT 693 & 694, SEC B

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960200

Geography

  • Assessors Map Reference: 32-E
  • Parcel: 39151
  • Lot: 693,6
  • Municipality: BURNET
  • Latitude: 30.7152
  • Longitude: -98.4071

    Address

  • Full Address: 1505 County Road 118b
  • Address - House Number: 1505
  • Address - Street Name: County Road 118b
  • State: TX
  • City Name: Burnet
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,417,996
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 708,520
  • High Value: 932,248
  • Low Value: 484,791

    Market Valuation

  • Market Total Value: $1,186,683
  • Market Land Value: $816,000
  • Market Improvement Value: $370,683

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,186,683
  • Assessed Land Value: $816,000
  • Assessed Improvements Value: $370,683

    Sales

  • Current Sale Contract Date: Feb 13, 2017
  • Current Sale Recording Date: Feb 21, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201701700
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burnet


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Nearby Rentals

Unit for rent at 5304 Bedford St, Kingsland, TX, 78639

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,669 ft²
5304 Bedford St, Kingsland, TX, 78639 Listing by Eileen Depew
Unit for rent at 1557 County Road 119, Burnet, TX, 78611

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
1557 County Road 119, Burnet, TX, 78611 Listing by Kasey Mercurio


Frequently Asked Questions

When was property at 1505 County Rd 118B built and last sold?
The property at 1505 County Rd 118B was built in 2004 and last sold on Feb 13, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 1505 County Rd 118B is $1,171,650.
What are some comparable homes to 1505 County Rd 118B?
There are currently no comparable homes to 1505 County Rd 118B.