Experience lakeside living on the peaceful northeast side of Lake Buchanan. This property features 100 feet of deep, northeast-facing cove waterfront, offering beautiful Hill Country views while remaining sheltered from main-lake noise and waves. Even during recent drought conditions, the water off the dock was approximately 12 feet deep, providing reliable access and usability. The home has been pre-inspected and is serviced by a well and septic system. Enjoy lake breezes from the spacious patio, positioned above the flood elevation for added peace of mind. A large metal floating dock provides direct access to the water, and a detached garage across the street with oversized doors is ideal for boat or RV storage. Located just minutes from Burnet grocery stores and historic Main Street, this waterfront retreat combines privacy, convenience, and recreation in one of the Highland Lakes’ most scenic settings.
Sold
Price Unknown
518 Morgan Creek Drive, Burnet, TX 78611
4beds
2,711sqft
Single Family Residence, Residential
Built in 2005
1.15 Acres Lot
$1,149,200 Zestimate®
$--/sqft
$3,826 Estimated rent
Home value
$1,149,200
$977,000 - $1.34M
$3,826/mo
Zestimate® history
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List your homeWhat's special
Beautiful hill country viewsLarge metal floating dockSpacious patio
Zillow last checked:
Listing updated:
Listed by:
Kale G Stephens 512-550-3624,
Horseshoe Bay Living 2, LLC
Bought with:
Agent Non-Member
HLAOR Non Member Office
Source: HLMLS as distributed by MLS GRID,MLS#: 175742
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room, Foyer, Kitchen, Laundry, Living Room, Utility Room Inside, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Washer Hookup, Cooktop, Water Softener
Features
- Breakfast Bar, Pantry, Sink - Pedestal, Recessed Lighting, Split Bedroom
- Flooring: Stained Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,711
- Total interior livable area: 2,711 sqft
Property
Features
- Patio & porch: Covered
- Exterior features: Stonework
- Has view: Yes
- View description: Hill Country, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Open Water, Lake Buchanan East
- Frontage length: 100
Lot
- Size: 1.15 Acres
- Dimensions: 100 x 258+/-
- Features: Landscaped
Details
- Parcel number: 031130
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Stone
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Green energy
- Energy efficient items: Ceiling Fan(s), Heat Pump
Community & HOA
Community
- Security: Security System
- Subdivision: Morgan Crk Vill
HOA
- Has HOA: Yes
- Amenities included: Other
- Services included: Other
Location
- Region: Burnet
Financial & listing details
- Tax assessed value: $737,152
- Date on market: 11/19/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Sold | -- |
Source:  HLMLS as distributed by MLS GRID #175742 Report a problem | ||
| 1/16/2026 | Pending sale | $1,175,000$433/sqft |
Source:  Unlock MLS #4950614 Report a problem | ||
| 11/19/2025 | Listed for sale | $1,175,000$433/sqft |
Source: HLMLS as distributed by MLS GRID #175742 Report a problem | ||
| 9/17/2018 | Sold | -- |
Source: HLMLS as distributed by MLS GRID #142136 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $737,152 |
| 2024 | $9,629 -0.3% | $737,152 |
| 2023 | $9,654 -6.2% | $737,152 +7.7% |
| 2022 | $10,290 +9.7% | $684,194 +13.5% |
| 2021 | $9,383 | $603,000 +12.4% |
| 2020 | -- | $536,627 -5.3% |
| 2019 | $9,502 | $566,922 +33.7% |
| 2017 | -- | $424,005 +17.1% |
| 2016 | -- | $362,178 |
| 2015 | -- | $362,178 -4.5% |
| 2014 | -- | $379,363 -22.3% |
| 2012 | -- | $488,063 |
| 2011 | -- | $488,063 |
| 2010 | -- | $488,063 |
| 2009 | -- | $488,063 |
| 2008 | -- | $488,063 +6.8% |
| 2007 | -- | $456,982 |
Find assessor info on the county website
Neighborhood: 78611
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Nearby schools
GreatSchools rating
- 4/10Rj Richey Elementary SchoolGrades: 3-5Distance: 8.5 mi
- 5/10Burnet Middle SchoolGrades: 6-8Distance: 8.2 mi
- 6/10Burnet High SchoolGrades: 9-12Distance: 8.5 mi
- Texas
- Burnet County
- Burnet
- 78611
- 518 Morgan Creek Drive
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