206 County Road 142 Burnet, TX 78611
Buchanan Lake NeighborhoodEstimated payment $7,761/month
Total Views
5,097
6
Beds
4.5
Baths
4,100
Sq Ft
$291
Price per Sq Ft
Highlights
- Additional Residence on Property
- Parking available for a boat
- Spa
- Lake Front
- Boat Ramp
- Fishing
About This Home
Lakeside Luxury Compound Meets Hill Country Adventure-
Tucked away in the tranquil Rocky Point subdivision on the shores of Lake Buchanan, this is a rare multi-home waterfront estate that blends laid-back luxury with boundless adventure. Designed for those who crave breathtaking lake views, direct access to the water, and a seamless indoor-outdoor lifestyle, this renovated property is the ultimate retreat for lake lovers, outdoor enthusiasts, and savvy investors.
Spanning two legal lots, this exceptional compound is more than just a home—it’s a destination. Whether you’re seeking a private getaway, a high-performing short-term rental, or an entertainer’s dream estate, this property delivers it all. With two beautifully updated homes, a sprawling outdoor oasis, and a massive garage / game room built to house all of your lake toys, every detail has been designed for maximum comfort, recreation, and convenience- offering the ideal setup for multi-generational living, vacation rental income, or a private lakeside escape with room to host family and friends.
Set on over an acre of prime lakefront land, this property was designed for those who live for the water, the outdoors, and the joy of hosting. The property has an RV and boat garage with multiple bays, RV hook ups, outdoor kitchen, hot tub, playground, and built-in boat ramp with room to add a dock. When the lake is full, the water meets the property’s sandy beach-like setting, perfect for wading, swimming, or launching kayaks.
For those looking to generate passive income, 206 County Road 142 is an investor’s dream in a prime high-demand short-term rental market. Lakeshore Drive is more than a home—it’s a rare offering on one of Texas’ most stunning lakes, designed for those who crave a life of adventure, relaxation, and financial opportunity.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 656-5627 License #0516143 Listed on: 03/08/2025
Co-Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 656-5627 License #0553410
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,782
Year Built
- Built in 1997 | Remodeled
Lot Details
- 0.81 Acre Lot
- Lake Front
- Northwest Facing Home
- Landscaped
- Native Plants
- Level Lot
- Open Lot
- Wooded Lot
- Private Yard
- Back Yard
HOA Fees
- $18 Monthly HOA Fees
Parking
- 4 Car Garage
- Attached Carport
- Parking Pad
- Parking Storage or Cabinetry
- Lighted Parking
- Front Facing Garage
- Rear-Facing Garage
- Side Facing Garage
- Side by Side Parking
- Tandem Parking
- Multiple Garage Doors
- Drive Through
- Additional Parking
- Outside Parking
- Parking available for a boat
- RV Garage
Property Views
- Lake
- Panoramic
- Rural
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Metal Roof
- Block Exterior
- Stone Siding
Interior Spaces
- 4,100 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Dry Bar
- Woodwork
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Chandelier
- Propane Fireplace
- Window Treatments
- Entrance Foyer
- Living Room with Fireplace
- Multiple Living Areas
- Sitting Room
- Dining Area
- Game Room
- Storage
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Convection Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
Outdoor Features
- Spa
- Boat Ramp
- Balcony
- Deck
- Covered Patio or Porch
- Exterior Lighting
- Shed
- Outbuilding
- Playground
Additional Homes
- Additional Residence on Property
Schools
- Burnet Elementary School
- Burnet Middle School
- Burnet High School
Utilities
- Central Heating and Cooling System
- Propane
- Well
- Water Purifier
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 37061
- Tax Block 1
Community Details
Overview
- Rocky Point Association
- Rocky Point Subdivision
- Community Lake
Recreation
- Fishing
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $13,274 | $1,108,293 | $319,156 | $789,137 |
| 2022 | $15,350 | $995,537 | $319,156 | $676,381 |
| 2021 | $12,074 | $730,279 | $202,156 | $528,123 |
| 2020 | $11,149 | $658,797 | $197,684 | $461,113 |
| 2019 | $12,505 | $460,000 | $197,684 | $262,316 |
| 2018 | $9,322 | $596,692 | $111,884 | $484,808 |
| 2017 | $8,528 | $467,054 | $111,884 | $355,170 |
| 2016 | $7,738 | $423,761 | $111,884 | $311,877 |
| 2015 | -- | $423,761 | $111,884 | $311,877 |
| 2014 | -- | $471,899 | $111,884 | $360,015 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $1,195,000 | +10.1% | $291 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $1,085,000 | -9.2% | $265 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $1,195,000 | -4.4% | $291 / Sq Ft |
| 05/17/2025 05/17/25 | Price Changed | $1,250,000 | -7.4% | $305 / Sq Ft |
| 03/08/2025 03/08/25 | For Sale | $1,350,000 | -- | $329 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | None Available | |
| Vendors Lien | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $185,911 | New Conventional | |
| Previous Owner | $267,500 | New Conventional |
Source: Public Records
Similar Homes in Burnet, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7912550
APN: 37061
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