518 Morgan Creek DR, Burnet TX 78611

Burnet, TX 78611 | Morgan Creek

Ed's Opinion of Value

$235,375 Ed's Estimate: $627,715 $1,161,361
Lowest Comp Recommended List: $486,000 to $502,000 Highest Comp
After reviewing 7 recent transactions in MORGAN CREEK, I estimate this property's value at $627,715. A competitive list price for this home right now would fall in the $486,000 to $502,000 range. This would position the home competitively among 2 active listings in MORGAN CREEK. Being 858 sqft larger than the average comparable sale in this area impacts the per square foot value. At 19 years newer than typical comps, the 2004 build date influences the valuation. 2 similar homes are currently available in MORGAN CREEK, creating a buyer's market for this price range. Prices in 78611 have fallen 1.9% over the last 6 months. A similar home at 811 County Road 130, Burnet TX 78611 carries an adjusted comparable value of $485,550, providing a strong data point. The comp data here (7 sales in MORGAN CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
4 Baths 3 Full, 1 Half
2,711 Sq Ft
0.5555 Acres
2004 Built
2 Garage

About This Property

Wow! Are you ready for a true Lake Buchanan oasis? This is an incredible opportunity to own a beautifully updated lake home with deepwater access, perfect for year-round enjoyment. Meticulously maintained and designed for both luxury and leisure, this 3-bedroom, 2-bathroom home with a versatile bonus room is your ticket to the lake life you've always dreamed of. The heart of the home is a totally redone kitchen that will delight any chef, featuring elegant wood floors, new custom cabinets, and a full suite of high-end KitchenAid appliances. The bathrooms have also been updated, reflecting a modern and fresh aesthetic. Spend less time on chores and more time enjoying the view, thanks to the premium gutter system with a leaf guard that saves you from tedious maintenance. Step outside to your private paradise. An expansive back porch provides the perfect setting to relax and soak in the incredible, sweeping views of Lake Buchanan. For the water enthusiast, your own floating boat dock comes with an electric lift and two personal watercraft lifts, making it effortless to get on the water for family fun. This property is a dream for those with a passion for toys and travel. Located just across the street is a large, separate garage designed to house an RV, a boat, and all your favorite gear. This is a rare and invaluable feature, providing secure storage and protecting your investments. This immaculately maintained property is a true gem—it's not just a home, it's a lifestyle. Come see it today!

Features

  • Bookcases
  • Breakfast Bar
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • Kitchen Island
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Concrete
Cooling Central Air
Heating Central, Electric
Exterior Balcony, Boat Dock - Private, Boat Lift, Gutters Full, Private Entrance, Private Yard, RV Hookup
County Burnet
MLS # 4950614
Garage 2 spaces

HOA & Community

HOA Fee $125 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $9,455 (2025)

Listing History

MLS# 4950614 57 days
Jan 28, 2026 Off Market
Nov 20, 2025 Listed $1,175,000

Frequently Asked Questions About 518 Morgan Creek DR, Burnet TX 78611

When was 518 Morgan Creek DR, Burnet TX 78611 built?

518 Morgan Creek DR, Burnet TX 78611 was built in 2004.

How much does 518 Morgan Creek DR, Burnet TX 78611 cost?

518 Morgan Creek DR, Burnet TX 78611 sold on January 28, 2026. Contact us for sale price details.

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