504 Lakewood DR, Burnet TX 78611

Burnet, TX 78611 | South Silver Creek

Ed's Opinion of Value

$93,416 Ed's Estimate: $224,292 $371,045
Lowest Comp Recommended List: $220,000 to $229,000 Highest Comp

Listing History

$299,000 List Price
$213,619 Comp Value
1 Price Reductions

This property was listed at $299,000 and expired after 124 days on market. The price was reduced from $315,000 to $299,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in SOUTH SILVER CREEK points to a value of approximately $224,292. To sell within a reasonable timeframe at fair market value, the $220,000 to $229,000 range is where I'd position this. Among the similar homes currently available in SOUTH SILVER CREEK, this price point stands out as competitive. The 524 sqft size difference versus comparable sales is reflected in the adjusted values. The 1982 construction puts this home 11 years newer than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
2 Beds
1 Baths 1 Full
760 Sq Ft
0.1573 Acres
1982 Built

About This Property

Ready for your own private getaway? This home has it all. Enjoy the outdoors on your oversized covered front porch and take in all the peacefulness of the lake life while enjoying your morning coffee, or gathering around the fire pit under the stars. With over 100 five-star VRBO reviews, this property has already proven itself as an incredible short-term rental and would make the perfect turnkey investment or second home. Sellers are offering it fully furnished so you can walk in, drop your bags, and relax. Just minutes from Lake Buchanan boat ramps, Spider Mountain, Canyon of the Eagles, Burnet County Park, and Inks Lake State Park — there’s no shortage of adventure or relaxation here!

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Natural Woodwork
  • Open Floorplan
  • Primary Bedroom on Main
  • Storage
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Vinyl, Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Boat Ramp, Exterior Steps, Lighting
County Burnet
MLS # 7950926

Tax Information

Annual Taxes (MLS) $2,595 (2025)

Listing History

MLS# 7950926 124 days
Jan 31, 2026 Off Market
Nov 6, 2025 Price Change $299,000
Sep 29, 2025 Listed $315,000

Frequently Asked Questions About 504 Lakewood DR, Burnet TX 78611

When was 504 Lakewood DR, Burnet TX 78611 built?

504 Lakewood DR, Burnet TX 78611 was built in 1982.

How much does 504 Lakewood DR, Burnet TX 78611 cost?

504 Lakewood DR, Burnet TX 78611 is currently off market.

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