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!
Active
Price cut: $50K (7/27)
$399,000
308 Peninsula Dr, Burnet, TX 78611
0beds
0baths
1.37Acres
Unimproved Land
Built in ----
1.37 Acres Lot
$-- Zestimate®
$--/sqft
$200/mo HOA
What's special
Stunning natural rock outcroppings
- 121 days
- 474
- 10
Zillow last checked:
Listing updated:
Listed by:
Trina Rivera (512) 343-7500,
Coldwell Banker Realty (512) 343-7500
Source: Unlock MLS,MLS#: 8171972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Lake, Marina, Water
- Has water view: Yes
- Water view: Lake,Marina,Water
- Waterfront features: Lake Front, Lake Privileges, Waterfront
- Body of water: Lake Buchanan
Lot
- Size: 1.37 Acres
- Features: Few Trees, Gentle Sloping, Native Plants, Private Maintained Road, Views
Details
- Additional structures: None
- Parcel number: 82178
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Private
- Utilities for property: Electricity Available, Underground Utilities, Water Available
Community & HOA
Community
- Features: Cluster Mailbox, Common Grounds, Controlled Access, Gated, High Speed Internet, Lake, Planned Social Activities, Underground Utilities
- Subdivision: Peninsula On Lake Buchanan
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Water
- HOA fee: $2,400 annually
- HOA name: The Peninsula @ Lake Buchanan
Location
- Region: Burnet
Financial & listing details
- Tax assessed value: $300,000
- Annual tax amount: $3,926
- Date on market: 5/8/2026
- Listing terms: Cash,Conventional,Texas Vet,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt, PVD
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $399,000-11.1% |
Source: | ||
| 5/8/2026 | Listed for sale | $449,000+12.3% |
Source: | ||
| 11/27/2024 | Listing removed | $399,995 |
Source: | ||
| 11/19/2024 | Contingent | $399,995 |
Source: | ||
| 8/24/2024 | Price change | $399,995-5.9% |
Source: | ||
| 8/1/2024 | Price change | $425,000-5.6% |
Source: | ||
| 7/22/2024 | Price change | $450,000-5.3% |
Source: | ||
| 5/23/2024 | Listed for sale | $475,000+5.6% |
Source: | ||
| 9/7/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/14/2023 | Listed for sale | $450,000+125.1% |
Source: Owner Report a problem | ||
| 10/1/2020 | Sold | -- |
Source: | ||
| 8/24/2020 | Pending sale | $199,900 |
Source: All City Real Estate #153241 Report a problem | ||
| 8/13/2020 | Listed for sale | $199,900+25% |
Source: All City Real Estate #153241 Report a problem | ||
| 2/19/2020 | Listing removed | $159,950 |
Source: All City Real Estate Ltd. Co #7773065 Report a problem | ||
| 1/15/2020 | Listed for sale | $159,950-8.5% |
Source: All City Real Estate Ltd. Co #7773065 Report a problem | ||
| 6/13/2019 | Listing removed | $174,900 |
Source: All City Real Estate Ltd. Co #7773065 Report a problem | ||
| 2/8/2019 | Price change | $174,900-2.8% |
Source: All City Real Estate Ltd. Co #7773065 Report a problem | ||
| 8/15/2018 | Listed for sale | $179,900 |
Source: All City Real Estate #7773065 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,926 -1.7% | $300,000 |
| 2024 | $3,995 -0.2% | $300,000 |
| 2023 | $4,001 +15.5% | $300,000 +33.5% |
| 2022 | $3,464 -2.6% | $224,680 |
| 2021 | $3,558 | $224,680 +46.8% |
| 2020 | -- | $153,000 -15% |
| 2019 | $3,046 | $180,000 +56.5% |
| 2017 | -- | $115,000 |
| 2016 | -- | $115,000 |
| 2015 | -- | $115,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 78611
Nearby schools
Schools provided by the listing agent
- Elementary: RJ Richey
- Middle: Burnet (Burnet ISD)
- High: Burnet
- District: BurnetCONSISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







