$2,125,000
PENDING $75K PRICE DROP

148 Lost Trail Burnet, TX 78611

Estimated payment $13,251/month

Total Views 2,868
5 Beds
3.5 Baths
3,384 Sq Ft
$628 Price per Sq Ft

Highlights

  • Lake Front
  • Boat Lift
  • Deck
  • Docks
  • River View
  • Wood Flooring

About This Home

Welcome to Your Waterfront Retreat!
This stunning 4-bedroom, 3.5-bathroom home offers 3,384 sq. ft. of thoughtfully designed living space, perfectly blending luxury, comfort, and convenience. Nestled in a serene waterfront setting, this property is ideal for both peaceful getaways and vibrant entertaining.
Step inside to discover a well-planned layout that seamlessly connects the living, dining, and kitchen areas—perfect for hosting family and friends. The updated kitchen features modern appliances, ample cabinetry, and two butler pantries for added storage and organization. A water softener and reverse osmosis (RO) system provide pristine water quality throughout the home.
Outdoor living is a highlight of this property, featuring two spacious decks designed for relaxation and entertainment:
The upper deck boasts durable composite wood for lasting quality.
The lower deck features electric shades, creating a cozy, year-round retreat.
The primary suite is a private upstairs oasis, offering comfort and seclusion. Downstairs, a flex room adds versatility—perfect as an additional guest room, home office, or hobby space.
For water enthusiasts, this home offers a private boat dock equipped with:
Two slips with boat lifts
Jet ski slide-up docks
An insulated 15x7 boat shed to safely store your gear and equipment
Adding even more value is the insulated 18x34 garage/workshop, featuring a mini-split system for climate control and roll-up doors on both ends for easy access and ample storage. The area is also plumbed and ready for a wet bar installation—perfect for outdoor entertaining.
This meticulously maintained home offers a lifestyle of relaxation, recreation, and memorable moments on the water. Don’t miss your chance to make it yours—schedule your private showing today!

Listing Agent

Adam Morgan

Option One Real Estate Brokerage Phone: (210) 389-5266 License #0752352 Listed on: 03/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,936

Year Built

  • Built in 1997

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • North Facing Home
  • Landscaped
  • Gentle Sloping Lot
  • Sprinkler System
  • Back Yard Fenced and Front Yard

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Property Views

  • River
  • Lake

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,384 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Multiple Living Areas
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Boat Lift
  • Docks
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Bertram Elementary School
  • Burnet Middle School
  • Burnet High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Valley Oaks Association
  • Clen Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10104

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,936

Year Built

Built in 1997

Lot Details

0

HOA Fees

$17 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: Coming from Marble Falls, take FM 1431 West, right onto FM2341/Park Rd 4, left onto CR118, right onto Lost Trail. Drive until it dead ends. Home is on the left. Coming from Burnet, take Hwy 29, left onto Park Rd 4, right onto CR118, right onto Lost Trail. Drive until it dead ends. Home is on the left.
  • Disclosures: Other Disclosures, Seller Disclosure
  • Fencing: Back Yard
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 3384
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (210) 389-5266
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 20936.09
  • FEMA Flood Plain: Partial
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Granite Counters, Crown Molding, Entrance Foyer, Multiple Living Areas, Pantry, Walk-In Closet(s)
  • View: Lake, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Electric Oven, Washer/Dryer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Window Features: Double Pane Windows
  • Laundry Location: Laundry Room,Upper Level
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 3

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Dock, Boat Lift, Exterior Steps, Private Yard
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lake LBJ
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Detached, Driveway
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure
  • Association Fee Frequency: Annually
  • Association Fee: 200

Association/Amenities

  • Association Name: Valley Oaks
  • Association: Yes
  • Community Features: None

Schools

  • Elementary School: Bertram
  • High School: Burnet
  • Middle/Junior School: Burnet (Burnet ISD)
  • Junior High Dist: Burnet CISD

Lot Info

  • Lot Features: Back Yard, Curbs, Front Yard, Gentle Sloping, Landscaped, Sprinkler - Automatic, Views
  • Parcel Number: 10104
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730.8
  • Subdivision Name: Clen Oaks

Building Info

  • Construction Materials: Masonry – Partial, Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20936.09
  • Tax Map Number: 16 & 17
  • Tax Filled Sqft Total: 3384
  • Tax Rate: 1.23000000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,973 $1,738,897 $800,000 $938,897
2023 $16,973 $1,696,879 $0 $0
2022 $21,712 $1,542,617 $648,000 $894,617
2021 $18,609 $1,197,962 $480,000 $717,962
2020 $17,307 $1,086,929 $440,000 $646,929
2019 $17,719 $1,068,714 $440,000 $628,714
2018 $16,602 $985,035 $400,000 $585,035
2017 $16,590 $961,177 $400,000 $561,177
2016 $12,255 $710,000 $400,000 $310,000
2015 -- $816,381 $400,000 $416,381
2014 -- $832,490 $500,000 $332,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $2,125,000 -3.4% $628 / Sq Ft
03/13/2025 03/13/25 For Sale $2,200,000 -- $650 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- Highland Lakes Title
Vendors Lien -- Highland Lakes Title
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Avelable
Vendors Lien -- None Avelable
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $948,000 Adjustable Rate Mortgage/ARM
Previous Owner $532,500 New Conventional
Previous Owner $407,550 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8312074

Unlock MLS (Austin Board of REALTORS®)

APN: 10104