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Homes for Sale in Yellowstone, Cottonwood Shores, TX

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Yellowstone is a platted subdivision tucked into Burnet County's Hill Country, situated in the Highland Lakes corridor just outside Cottonwood Shores. The area draws buyers looking to secure a piece of the Texas Hill Country at an accessible entry point, with proximity to Lake LBJ, Marble Falls, and the broader Highland Lakes chain that defines this region's outdoor character. Lots here sit within the Marble Falls ISD attendance zone, making this an option for buyers who want to build in a place where kids grow up with Hill Country as their backyard. Whether you have a custom home in mind or want to hold land in one of Central Texas's most consistently appealing recreational corridors, Yellowstone offers a foothold worth considering. Neighborhoods | Schools | Lifestyle & Outdoors | Market Overview | Getting Around | FAQs

$415,000 Median Price
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3 bed, 2 bath, residential at 874 Pine LN, Cottonwood Shores TX 78639, Cottonwood Shores TX For Sale 33 photos
$415,000
3 bd 2 ba 1,656 sqft
874 Pine LN, Cottonwood Shores TX 78639 Cottonwood Shores, TX 78639
28.7 mi away

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About Yellowstone, TX Land & Lots for Sale

Yellowstone Subdivision in Burnet County

Yellowstone is a single-subdivision community in Burnet County, positioned in the Highland Lakes zone that stretches from Lake Marble Falls up through Lake LBJ and beyond. The subdivision is platted into residential-scale lots, the kind suited for building a primary residence or a getaway home rather than large-acreage ranching. If you have been browsing Austin area homes for sale and find yourself drawn toward the Hill Country's lake towns, Yellowstone represents one of the more accessible entry points into this geography.

The lots are modest in size, consistent with the character of smaller Highland Lakes subdivisions that developed throughout Burnet and Llano counties over the decades. There is no new construction currently active in the subdivision, which means buyers are purchasing raw land and working with their own builder to bring a home to the site. That blank-canvas dynamic appeals to buyers who want to design something specific rather than settle for what happens to be on the market as an existing home.

Nearby, Cottonwood Shores sits along the north shore of Lake LBJ and offers a sense of what developed living looks like in this immediate corridor, with lakefront access, a small city infrastructure, and the kind of community feel common to Highland Lakes towns. Yellowstone buyers who want to understand the neighborhood's context would do well to spend time in Cottonwood Shores and Marble Falls, both of which give a clear picture of the amenities and pace of life that come with putting down roots in this part of Burnet County.

Schools Serving Yellowstone

Yellowstone falls within Marble Falls Independent School District, one of the more established school systems in the Highland Lakes region. Elementary-age students attend either Colt Elementary or Marble Falls Elementary, with Marble Falls Middle School and Marble Falls High School serving older grades.

Marble Falls ISD operates on a smaller scale than the large suburban districts in the Austin metro, which means students tend to benefit from tighter teacher-to-student ratios and a community-oriented school culture. The district has invested steadily in its facilities and academic programs. For buyers planning to build a primary residence and raise a household in Burnet County, the Marble Falls ISD attendance zone is a meaningful factor in the appeal of a subdivision like Yellowstone.

Lifestyle and Outdoors Near Yellowstone

The Highland Lakes corridor is defined by water, and Yellowstone's location puts residents within easy reach of that lifestyle. Lake LBJ, the constant-level lake in the chain, runs through this part of Burnet County and anchors much of the recreational culture in the area. Boating, fishing, kayaking, and lakeside dining are all part of everyday life for people who settle here, not just weekend activities.

Marble Falls sits a short drive away and functions as the regional hub for this stretch of the Hill Country. The town has a genuine downtown core along Lake Marble Falls with restaurants, coffee shops, local retailers, and a Saturday farmers market that draws people from across the area. The Blue Hole Regional Park and Balcones Canyonlands National Wildlife Refuge are within reach for hiking and wildlife watching. Horseshoe Bay, a few miles to the west, brings world-class golf and resort amenities into the picture for residents looking for that kind of outlet.

The Hill Country itself sets the backdrop for everything out here. The landscape of cedar, live oak, limestone bluffs, and seasonal wildflowers is not incidental to life in Burnet County. It shapes the pace, the light, and the feeling of the place in ways that are hard to fully articulate until you have spent a few seasons here. Buyers who move to this part of Texas tend to stay.

Real Estate Market Overview

Yellowstone is a land-only opportunity at this point in the subdivision's development. All active listings in the area are vacant lots, which positions this as a buy-and-build scenario rather than a move-in-ready purchase. That distinction matters when thinking about financing, timelines, and planning, since land loans operate differently than conventional mortgages and construction-to-permanent financing requires coordination with a builder.

Land in the Highland Lakes corridor has historically held value due to the region's appeal as both a primary living destination and a recreational retreat. Burnet County lots in platted subdivisions near Cottonwood Shores and Marble Falls attract both local buyers looking to build and buyers from Austin and San Antonio who want a Hill Country address within reasonable driving distance of the city. The Neuhaus Realty Group team works with land buyers regularly and can help you assess lot characteristics, utility access, setback requirements, and what building on a specific parcel actually looks like from a practical standpoint.

Getting Around from Yellowstone

Marble Falls is the practical center of gravity for daily errands, dining, and services from Yellowstone. It is accessible via Ranch Road 1431 and US-281, the two main arteries that move traffic through this part of Burnet County. The Marble Falls H-E-B, medical facilities, and the majority of everyday commercial needs are concentrated there.

Austin sits roughly 50 miles to the east, reachable by taking US-281 south to connect with the 183A toll road or cutting across via RR 1431 toward Cedar Park and US-183. The drive runs anywhere from 55 minutes to just over an hour depending on traffic conditions in the Austin metro. Commuters who work in Austin and want to live in the Hill Country regularly make this drive, particularly those working in northwest Austin or the tech corridor along 183.

Burnet, the county seat, is about 15 miles to the north and provides additional services, government offices, and a small regional airport at Burnet Municipal Airport that some Hill Country residents use for private aviation. San Antonio is roughly two hours south via US-281, making the Highland Lakes a genuinely central location between the two major metros.

Frequently Asked Questions

What kind of property is available in Yellowstone?
Yellowstone is a land subdivision, meaning all available listings are vacant lots rather than existing homes. Buyers purchase land and then work with a builder of their choice to construct a home. There is no active new construction from a developer in the subdivision at this time.
What school district serves Yellowstone?
Yellowstone falls within Marble Falls Independent School District. The district serves elementary students at Colt Elementary and Marble Falls Elementary, with Marble Falls Middle School and Marble Falls High School serving older grades. Marble Falls ISD is a smaller district with a community-oriented culture compared to the large suburban districts in the Austin metro.
How far is Yellowstone from Marble Falls?
Yellowstone is in Burnet County in close proximity to Marble Falls, which functions as the regional hub for shopping, dining, and services in this part of the Highland Lakes corridor. Most daily errands and appointments center around Marble Falls, accessible via RR 1431 and US-281.
How far is Yellowstone from Austin?
Austin sits roughly 50 miles to the east of the Marble Falls area, typically a drive of 55 minutes to just over an hour depending on traffic. Buyers who work in northwest Austin or along the 183 corridor find the Highland Lakes commute manageable, and many residents in this area make the trip regularly.
What is the area near Yellowstone like?
Cottonwood Shores is the immediate neighboring community, situated on the north shore of Lake LBJ. The broader area is part of the Highland Lakes corridor, known for boating, lakefront recreation, and a relaxed Hill Country pace. Marble Falls serves as the regional center with a walkable downtown, local restaurants, and practical retail anchored by H-E-B.
Is Yellowstone in an HOA?
HOA status and deed restrictions vary by specific lot and should be confirmed through a title search and review of the subdivision's recorded plat and restrictions. Your real estate agent can pull the governing documents for any lot you are considering before you make an offer.
What utilities are available on Yellowstone lots?
Utility availability, including water, sewer, and electric service, varies by individual lot and should be verified before purchase. Buyers planning to build in smaller Burnet County subdivisions sometimes encounter lots served by a water supply corporation rather than a municipal system, and septic may be required in some cases. A thorough due diligence period is essential for any land purchase.
How does buying land in Yellowstone compare to buying in nearby communities?
Yellowstone offers entry-level land pricing in the Highland Lakes corridor, making it one of the more accessible options for buyers wanting a Burnet County address. Cottonwood Shores nearby has developed lakefront and lake-access properties at higher price points. Buyers comparing options in this region should also look at the Marble Falls city limits and surrounding subdivisions to get a full picture of what different price points deliver in terms of lot size, amenities, and proximity to water.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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