1309 County Road 118B, Burnet TX 78611

Burnet, TX 78611 | Sherwood Shores Iii

Ed's Opinion of Value

$90,507 Ed's Estimate: $405,795 $2,795,000
Lowest Comp Recommended List: $1,133,000 to $1,235,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $405,795. For a well positioned listing in SHERWOOD SHORES III, I'd target the $1,133,000 to $1,235,000 range. Against 4 similar active listings in SHERWOOD SHORES III, this price point lands at the most affordable of 4 comparable homes on the market. At 1,649 sqft larger than the typical comp, the size difference factors into the valuation. At 0.78 acres, the lot is larger than the 0.53 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in SHERWOOD SHORES III, listed between $980,000 and $2,795,000. Recent trends in 78611 show home values have risen 1.5% since 6 months ago. The most comparable recent sale is 1052 Apache DR, Burnet TX 78611, with an adjusted value of $129,100; with a smaller floor plan. 7 comparable transactions in SHERWOOD SHORES III support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
4 Baths 3 Full, 1 Half
3,280 Sq Ft
0.7763 Acres
1978 Built
2 Garage

About This Property

Come see this 3200+ sf home on a show-stopping 3/4 acre with 150ft of waterfront on the coveted Colorado Arm of Lake LBJ! Situated on three platted lots across the lake from undeveloped land, you will enjoy a private retreat with stunning panoramic views of the lake and the Texas Hill Country. This property is located at a unique bend in the lake, offering a 1-mile water view down the Colorado arm of Lake LBJ. This is a fantastic opportunity to own a well-built home, ready for your creative eye, or start fresh on the three plated lots, providing flexibility for future expansion or additional development opportunities. This property allows for short-term rentals, making it ideal for a second home or investment property. One of the most unique features is a seaplane hangar located right on the water; this hanger could be used as it was intended or re-imagined into a covered waterfront patio and bar area. Need additional space to storeyour boat, RV, or lake toys? There is also a 4000+ square foot shop on six lots located nearby that can be purchased separately. Don't miss the opportunity to own this extraordinary lakefront property.

Features

  • 2 Primary Baths
  • 2 Primary Suites
  • Bar
  • Breakfast Bar
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Burnet ISD
Elementary Shady Grove
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring See Remarks
Cooling Central Air
Heating Central
Exterior Balcony, Boat Dock - Private
County Burnet
MLS # 2822800

Parking

Garage 2 spaces

HOA & Community

HOA Fee $40 /Annually
HOA Includes Maintenance Grounds

Tax Information

Annual Taxes $21,085 (2023)

Listing History

MLS# 2822800 - Updated Apr 11, 2026 189 days (188 CDOM)
Jul 30, 2024 Off Market
Jun 3, 2024 Price Change $1,750,000
Nov 27, 2023 Listed $2,300,000

Frequently Asked Questions About 1309 County Road 118B, Burnet TX 78611

When was 1309 County Road 118B, Burnet TX 78611 built?

1309 County Road 118B, Burnet TX 78611 was built in 1978.

How much does 1309 County Road 118B, Burnet TX 78611 cost?

1309 County Road 118B, Burnet TX 78611 sold on July 30, 2024. Contact us for sale price details.

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