$588,000
SOLD JUN 23, 2020
Last list price
3 Beds
3 Baths
2,212 Sq Ft
0.39 Acres

Recently Sold

$266 Per Sq Ft

456 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Lake View
  • Solid Surface Countertops
  • Open Water Access
  • Deck
  • Covered patio or porch

About This Home

As of June 2020

FISHING, BOATING, RELAXING and more at this one of a kind home on DEEP WATER of Lake Buchanan! Retire in the main house and generate extra income with the 1/1 apartment! This 3 BR 3 BTH multi-level updated Mid Mod w/elevator in Morgan Creek Village offers many possibilities w/the main house being a 2/2 and a 1/1 detached with its own living, dining and kitchen which could be a guest house, multi-generational family housing, a rental, etc. Updates include tile flooring throughout main house, Hickory cabinetry, granite, stainless appliances, etc. Impeccable water views from both living rooms as well as main house bedrooms. Beautiful stone staircases lead to the terraced yard and boat dock and there's plenty of parking for guests and lake toys. The 1/1 apartment will be sold furnished so you could instantly use it for extra income! Seller is an inactive licensed real estate agent. **Seller also owns a lot across the street that could be purchased separately if more land is needed for a shop or parking**

Last Agent to Sell the Property

Caryn Paye

Burnet County Real Estate License #0515160 Listed on: 02/16/2019

Burnet County Real Estate

Last Buyer's Agent

Johnie Borgeson

Compass RE Texas, LLC License #0601995

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 1975

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • Chain Link Fence
  • Cleared Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Lake Views

Kitchen

  • Breakfast Bar
  • <<builtInOvenToken>>
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Open Water Access
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Morgan Crk Vill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031151

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,834

Year Built

Built in 1975

Lot Details

0

Listing Details

  • View: Lake
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Gas Dryer Hookup
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: HLM88
  • Subdivision Name: Morgan Crk Vill
  • Directions: Hwy 29 W, Right 2341, L-CR 133(Morgan Creek), R-Fancher, follow road till you see sign on right
  • Reso Flooring: Carpet, Ceramic Floor
  • Reso Interior Features: Breakfast Bar, Granite Counters, Counters-Solid Srfc, Split Bedroom
  • Reso Other Structures: Guest House
  • Efficiency: Ceiling Fan(s)
  • Year Built: 1975
  • HLM_GarageCarport: 2 Car Attached Garage,Side Entry
  • HLM_LandType: Cleared Land
  • HLM_Room: Dining Room,Family Room,Foyer,Guest/Maid Quarters,Kitchen,Laundry,Utility Room Inside,Main Level Master Bdrm
  • HLM_SingleLevelLiving: No
  • HLM_FloodZone: Yes
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: Lake Buchanan East
  • HLM_NumberOfResidences: 1
  • HLM_GolfCourseLot: No
  • HLM_PropOwnFeeMand: Yes
  • HLM_PropOwnFeeFrequency: Annually
  • HLM_PropertyOwnersFee: 25/lot
  • HLM_WaterfrontFootage: 100
  • HLM_WaterAmenities: Boat Slip,Retaining Wall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer, Washer Hookup, Gas Water Heater, Cooktop, Wall Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Blower Fan, Insert
  • Stories: 1

Exterior Features

  • Exterior Features: Courtyard, Rain Gutters, Stonework
  • Roof: Metal
  • Fencing: Chain Link
  • Acres: 0.39
  • Waterfront Features: Open Water
  • Construction Type: Wood Siding, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Heating: Central, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Amenities: Park, Water

Schools

  • Junior High Dist: Burnet

Lot Info

  • Zoning: Res
  • Lot Dimensions: .39 ac
  • Lot Size Sq Ft: 16988
  • Parcel #: 031151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2019
Closed on
Jun 23, 2020
Sold by
Ward Sherry Dianne and The Sherry Dianne Ward Living
Bought by
Mills Kenneth Harris
Seller's Agent
Caryn Paye
Burnet County Real Estate
Buyer's Agent
Johnie Borgeson
Compass RE Texas, LLC
List Price
$588,000
Sold Price
$460,000
Premium/Discount to List
-$128,000
-21.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%
Original Mortgage
$368,000
Outstanding Balance
$330,493
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$630,064

Purchase Details

Closed on
Feb 27, 2017
Sold by
Ward Sherry Dianne
Bought by
Ward Trust

Purchase Details

Closed on
Mar 6, 2008
Sold by
Zandt Thomas C Van and Zandt Loretta W Van
Bought by
Ward Cowden C and Ward Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.47%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $899,000 -5.3% $406 / Sq Ft
06/10/2025 06/10/25 Price Changed $949,000 -5.0% $429 / Sq Ft
04/05/2025 04/05/25 For Sale $999,000 +100.6% $452 / Sq Ft
06/23/2020 06/23/20 Sold -- -- --
02/06/2020 02/06/20 Price Changed $498,000 -11.1% $225 / Sq Ft
09/19/2019 09/19/19 Price Changed $560,000 -4.8% $253 / Sq Ft
02/16/2019 02/16/19 For Sale $588,000 -- $266 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Tax History Compared to Growth

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
2023 $7,834 $599,710 $140,000 $459,710
2022 $8,132 $540,701 $140,000 $400,701
2021 $7,567 $462,028 $140,000 $322,028
2020 $6,508 $402,765 $110,000 $292,765
2019 $6,160 $388,663 $110,000 $278,663
2018 $5,701 $401,522 $110,000 $291,522
2017 $5,299 $306,058 $84,000 $222,058
2016 $4,817 $265,206 $84,000 $181,206
2015 -- $265,206 $84,000 $181,206
2014 -- $273,099 $84,000 $189,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM146929

Highland Lakes Association of REALTORS®

APN: 31151