308 Peninsula DR, Burnet TX 78611

Burnet, TX 78611 | Peninsula

$399,000 ▼ $50,000 (11.1%)
0 Beds
Baths
1.37 Acres

About This Property

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Buyer Incentive: Owners will pay 2 YEARS of HOA DUES. This Difficult-To-Find WATERFRONT LOT is 1.37 acres, located in an Upscale Gated Community (The Peninsula @ Lake Buchanan) and includes a dedicated boat slip in the Private Marina (included in the HOA). Nestled within one of the most prestigious, tight-knit gated communities in all of Central Texas, this property offers the ultimate blend of privacy, convenient lake access, rugged Texas beauty & incredible views . This Lot is one of the few spots in the neighborhood where there is a lake view from the front & back of the house (when built.) Discover the perfect canvas for your architectural masterpiece on this sprawling water front lot. It is not just vacant land, it is 1.3+ acres of Natural Central Texas beauty combining natural stone, old-growth trees & native plants/wildflowers that lead straight into the water. Most lake lots feel like you’re on top of your neighbors, but not here! You have room to breathe and roam. Boasting an expansive footprint, this property features stunning natural rock outcroppings and a gentle slope toward the pristine waters of Lake Buchanan. Whether you envision a modern glass retreat or a classic Hill Country estate, the generous lot provides ample room for a sprawling floor plan, outdoor living oasis and breathtaking views. Water is included in the HOA (provided by the community water processing plant.) If you are looking for a true sense of Neighborhood Community, you found it. Upscale Water front opportunities in a gated enclave do not come along often. Come see the vision for yourself!

Property Highlights

Waterfront Lake Buchanan · Lake Front, Lake Privileges, Waterfront
View Lake, Marina, Water

Location

Schools

School District BurnetCONSISD
Elementary RJ Richey
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Land
County Burnet
MLS # 8171972

Lot, Outdoor & Utilities

Lot Features Few Trees, Gentle Sloping, Native Plants, Private Maintained Road, Views
Water Private
Sewer Septic Needed
Utilities Electricity Available, Underground Utilities, Water Available

HOA & Community

HOA Fee $2,400 /Annually
HOA Name The Peninsula @ Lake Buchanan
HOA Includes Common Area Maintenance, Water
Community Features Cluster Mailbox, Common Grounds, Controlled Access, Gated, High Speed Internet, Lake, Planned Social Activities, Underground Utilities

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $2,400/annually.

Tax Information

Annual Taxes (MLS) $3,926 (2025)
Assessed Value $300,000
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, Texas Vet, VA Loan
Sale Type Standard
Possession Close Of Escrow
Disclosures Seller Provided Survey Available

Listing History

MLS# 8171972 - Updated Oct 19, 2026 81 days
Jul 27, 2026 Price Change $399,000
May 7, 2026 Listed Listing Courtesy of Coldwell Banker Realty - TRivera@​CBRealty.com $449,000

Frequently Asked Questions About 308 Peninsula DR, Burnet TX 78611

How much does 308 Peninsula DR, Burnet TX 78611 cost?

308 Peninsula DR, Burnet TX 78611 is listed for sale at $399,000.

What school district is 308 Peninsula DR, Burnet TX 78611 in?

308 Peninsula DR, Burnet TX 78611 is in the BurnetCONSISD school district. Assigned schools include RJ Richey (elementary), Burnet (Burnet ISD) (middle), Burnet (high school).

Does 308 Peninsula DR, Burnet TX 78611 have an HOA?

Yes, 308 Peninsula DR, Burnet TX 78611 has an HOA fee of $2,400 per annually. The HOA includes common area maintenance, water.

What are the property taxes on 308 Peninsula DR, Burnet TX 78611?

The annual property taxes on 308 Peninsula DR, Burnet TX 78611 are $3,926 (as of 2025). The tax assessed value is $300,000.

How big is the lot at 308 Peninsula DR, Burnet TX 78611?

The lot at 308 Peninsula DR, Burnet TX 78611 is 1.37 acres.

What type of property is 308 Peninsula DR, Burnet TX 78611?

308 Peninsula DR, Burnet TX 78611 is a land property.

Is 308 Peninsula DR, Burnet TX 78611 waterfront?

Yes, 308 Peninsula DR, Burnet TX 78611 is a waterfront property on Lake Buchanan. Waterfront features include lake front, lake privileges, waterfront.

What subdivision is 308 Peninsula DR, Burnet TX 78611 in?

308 Peninsula DR, Burnet TX 78611 is located in the Peninsula subdivision in Burnet, TX. Community features include cluster mailbox, common grounds, controlled access, gated, high speed internet, lake, planned social activities, underground utilities.

How long was 308 Peninsula DR, Burnet TX 78611 on the market?

308 Peninsula DR, Burnet TX 78611 was on the market for 81 days, listed on May 7, 2026.

What financing does the seller of 308 Peninsula DR, Burnet TX 78611 accept?

The listing says the seller accepts cash, conventional, texas vet, va loan financing.

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