Experience luxury Lake LBJ waterfront living on the Colorado Arm in this beautifully updated Fredericksburg-inspired estate. The 3,875 sq ft main home sits on 1.6 acres with approximately 248 feet of waterfront and features 4 bedrooms, 5 baths, a 2-car garage, all-new windows and luxury appliances. The spacious kitchen includes a large butler’s pantry with sink, ice maker, dishwasher, microwave, beverage drawers, refrigerator storage, and abundant cabinetry. The owner’s retreat offers a large walk-in closet with built-ins, private patio, soaking tub, and oversized walk-in shower. Additional highlights include ensuite guest rooms, upstairs loft, bunkroom, lake-view balcony, office, and laundry room with dual washer/dryer setup and storage. Outdoor amenities include a covered porch, outdoor kitchen, pool, hot tub, and a newly built 75x40 boat dock with 2 slips, storage room, bar/maintenance room, and patio. The property also includes a 2,000 sq ft barndominium with kitchen, full bath, living space, sleeping loft, and two covered porches, plus peach trees, a 1,800 sq ft storage barn, and a serene setting backing to a vineyard.
For sale
Price cut: $450K (6/17)
$5,450,000
237 Waters Edge, Burnet, TX 78611
4beds
5,875sqft
Single Family Residence, Residential
Built in 2000
3.25 Acres Lot
$-- Zestimate®
$928/sqft
$42/mo HOA
What's special
Private patioUpstairs loftLake-view balconyHot tubPeach treesOutdoor kitchenLuxury appliances
- 39 days |
- 466 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Tara J McAlister 830-708-6734,
McAlister Realty
Source: HLMLS as distributed by MLS GRID,MLS#: 178035
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Family Room, Foyer, Kitchen, Laundry, Study/Office, Utility Room Inside, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Commercial Stove, Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Gas Range, Built-In Refrigerator, Washer, Electric Water Heater
Features
- Bonus Bath, Breakfast Bar, Split Bedroom, No Steps to Entry, Quartz Countertops
- Flooring: Hard Tile
- Has fireplace: No
Interior area
- Total structure area: 5,875
- Total interior livable area: 5,875 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Attached Garage, Side Entry
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 2
- Patio & porch: Covered
- Has private pool: Yes
- Pool features: In Ground, Private
- Fencing: Partial
- Has view: Yes
- View description: Hill Country, Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Open Water, Lake LBJ
- Frontage length: 248
Lot
- Size: 3.25 Acres
- Dimensions: 248 x 689 x 286 x 709
- Features: Landscaped
Details
- Parcel number: 063000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Other,Barndominium
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Stone
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Green energy
- Energy efficient items: Zoned
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Ft Mason Cross
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Burnet
Financial & listing details
- Price per square foot: $928/sqft
- Tax assessed value: $2,698,717
- Date on market: 5/21/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $5,450,000-7.6%$928/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $5,900,000+269.9%$1,004/sqft |
Source: | ||
| 10/15/2018 | Sold | -- |
Source: | ||
| 8/13/2018 | Pending sale | $1,595,000$271/sqft |
Source: McAlister Realty #139935 Report a problem | ||
| 7/27/2018 | Price change | $1,595,000-3.3%$271/sqft |
Source: McAlister Realty #139935 Report a problem | ||
| 7/13/2018 | Pending sale | $1,650,000$281/sqft |
Source: McAlister Realty #139935 Report a problem | ||
| 3/20/2018 | Price change | $1,650,000-8.1%$281/sqft |
Source: McAlister Realty #139935 Report a problem | ||
| 11/28/2017 | Price change | $1,795,000-3%$306/sqft |
Source: McAlister Realty #139935 Report a problem | ||
| 8/17/2017 | Price change | $1,850,000-5.1%$315/sqft |
Source: McAlister Realty #139935 Report a problem | ||
| 5/15/2017 | Listed for sale | $1,950,000$332/sqft |
Source: McAlister Realty #139935 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $2,698,717 |
| 2024 | $33,235 -0.2% | $2,698,717 |
| 2023 | $33,297 +1.3% | $2,698,717 +18.4% |
| 2022 | $32,868 +25.8% | $2,279,487 +29.5% |
| 2021 | $26,118 | $1,760,664 +9.6% |
| 2020 | -- | $1,605,903 +8.5% |
| 2019 | $23,566 | $1,480,000 +19.6% |
| 2017 | -- | $1,237,512 +4.2% |
| 2016 | -- | $1,187,298 |
| 2015 | -- | $1,187,298 +3.8% |
| 2014 | -- | $1,143,598 +1.1% |
| 2012 | -- | $1,131,196 |
| 2011 | -- | $1,131,196 -4.2% |
| 2010 | -- | $1,180,802 |
| 2009 | -- | $1,180,802 +15.4% |
| 2008 | -- | $1,023,022 +16.9% |
| 2007 | -- | $875,367 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78611
Nearby schools
GreatSchools rating
- 4/10Rj Richey Elementary SchoolGrades: 3-5Distance: 12.1 mi
- 5/10Burnet Middle SchoolGrades: 6-8Distance: 12 mi
- 6/10Burnet High SchoolGrades: 9-12Distance: 12.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Burnet County
- Burnet
- 78611
- 237 Waters Edge






