See Home Value
Burnet 78611
237 Waters Edge
$5,450,000
● House - Off Market

237 Waters Edge

Burnet, TX 78611
bedrooms
4 Beds
bathrooms
6 Baths
square feet
5,875 Ft²
$29,542
Est. Monthly
$42
HOA / Fees

About This Property

Experience luxury Lake LBJ waterfront living on the Colorado Arm in this beautifully updated Fredericksburg-inspired estate. The 3,875 sq ft main home and 2,000 sq ft Barndominum sit on 3.2 acres with approximately 248 feet of waterfront and features 4 bedrooms, 5 baths, a 2-car garage, all-new windows and luxury appliances in the main house.  The spacious kitchen includes a large butler's pantry with sink, ice maker, dishwasher, microwave, beverage drawers, refrigerator storage, and abundant cabinetry. The owner's retreat offers a large walk-in closet with built-ins, private patio, soaking tub, and oversized walk-in shower. Additional highlights include ensuite guest rooms, upstairs loft, bunkroom, lake-view balcony, office, and laundry room with dual washer/dryer setup and storage. Outdoor amenities include a covered porch, outdoor kitchen, large infinity edge pool, hot tub, and a newly built 75x40 boat dock with 2 slips, storage room, bar/maintenance room, and patio. The barndominium features a large kitchen, full bath, living space, sleeping loft, and two covered porches, plus peach trees right in your backyard. A bonus feature is the 1,800 sq ft storage barn big enough to hold all your toys, with 3 roll up doors.  So many incredible features to this unique property! All this backing up to a local vineyard with amazing Hill Country views.
Unit Size
5,875 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$928
Property Type
House
Property Taxes
$2,740
HOA Dues
$42
Year Built
2000

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Unlock MLS #ACT3685663)

Price History

Date / Event Date Event Price
Aug 19, 2026 In contract -
In contract
Jun 18, 2026 Price Decreased $5,450,000
↓ $450K (7.6%)
Price Decreased
May 29, 2026 Listed by McAlister Realty $5,900,000
Listed by McAlister Realty
Oct 20, 2018 No longer available -
No longer available
Aug 13, 2018 Price Decreased $1,595,000
↓ $55K (3.3%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 1
  • Garage Square Area: 2,384
  • Parking Space Count: 9
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 248
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 2,480
  • Total Building Area: 6,259
  • Gross Building Area: 6,259
  • Building Area: 3,875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,875
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT MASON CROSSING
  • Land Acres: 0000000006
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: S4580 FT MASON CROSSING LOT 19,20,21,19A,20A & 21A

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960401

Geography

  • Assessors Map Reference: 31-R
  • Parcel: 63000
  • Lot: 19,20
  • Municipality: BURNET
  • Latitude: 30.7006
  • Longitude: -98.4115

    Address

  • Full Address: 237 Waters Edge
  • Address - House Number: 237
  • Address - Street Name: Waters Edge
  • State: TX
  • City Name: Burnet
  • Carrier Code: R002
  • 4-Digit Zip Code: 5465
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,286,792
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 48
  • Final Value: 1,834,178
  • High Value: 2,306,818
  • Low Value: 1,361,537

    Market Valuation

  • Market Total Value: $2,698,717
  • Market Land Value: $1,488,180
  • Market Improvement Value: $1,210,537

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,698,717
  • Assessed Land Value: $1,488,180
  • Assessed Improvements Value: $1,210,537

    Sales

  • Current Sale Contract Date: Oct 11, 2018
  • Current Sale Recording Date: Oct 19, 2018
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201811156
  • Previous Sale Recording Date: Apr 26, 2006
  • Previous Sale Contract Date: Apr 24, 2006
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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


Similar Homes for Sale

Currently no similar homes around

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


Frequently Asked Questions

When was property at 237 Waters Edge built and last sold?
The property at 237 Waters Edge was built in 2000 and last sold on Oct 11, 2018 for $125,000.
How much is this home worth?
The estimated value of the home located at 237 Waters Edge is $5,711,028.
What are some comparable homes to 237 Waters Edge?
There are currently no comparable homes to 237 Waters Edge.