ActiveMLS# 6789040
$1,149,000
1.5 Acres · Residential · $766,000/acre
3721 Lakeview Dr
Cottonwood Shores, TX 78657 (Burnet County)
3
Bedrooms
3
Bathrooms
2,217
Sq Ft
1982
Year Built

About this property

OWNER FINANCING AVAILABLE! Rare opportunity to own an income-producing waterfront property with no HOA, situated on approximately 1.5 acres and featuring ~100 feet of constant-level waterfront on Lake Marble Falls. This beautifully maintained 3-bedroom, 2.5-bath single-story home offers stunning lake views from every room and an inviting open-concept layout designed for both everyday living and entertaining. The updated kitchen features modern finishes, ample cabinetry, and seamless flow into the living and dining areas. A dedicated office overlooking the water provides an inspiring space to work from home while enjoying peaceful views. Step outside to towering pecan trees and lush landscaping. The expansive deck is ideal for relaxing, dining, or taking in spectacular sunsets and mornings over the lake. A privacy fence enhances this waterfront retreat, creating a secluded setting for family and guests. Additional features include a greenhouse, detached powered workshop, and storage building - providing ample room for lake toys, hobbies, or additional storage. Conveniently located just minutes from Horseshoe Bay Resort, Marble Falls shopping and dining, golf courses, and area attractions, this exceptional property combines investment potential, privacy, convenience, and the best of Texas Hill Country lake living. Motivated seller - schedule your tour today!

Property details

Property TypeResidential
Acreage1.5 acres
StatusActive
Days on Market47 days
ListedMay 18, 2026
CountyBurnet
ZIP Code78657
Living Area2,217 sq ft
Price per Acre$766,000/acre
Year Built1982
Stories1
Garage Spaces3
SubdivisionHighland Lakes Acres
FireplaceYes
WaterfrontYes
HOANo
FencingChain Link, Fenced, Front Yard, Privacy
ViewHill Country, Lake, Panoramic, River
MLS Number6789040
Listed ByLPT Realty, LLC

Location

Area & Lifestyle

About the Area

3721 Lakeview Dr is located in Cottonwood Shores, Texas, in Burnet County. Burnet County sits in the heart of the Highland Lakes region, anchored by the city of Burnet, the Bluebonnet Capital of Texas, and Lake Buchanan, the largest of the Highland Lakes chain. The county blends working ranch land with lakefront recreation in a landscape that has drawn Texans for generations.

The Colorado River was dammed in the 1930s to create the Highland Lakes chain, and Lake Buchanan and Inks Lake both lie within Burnet County. The terrain transitions from the granite-topped Central Mineral Region in the west to limestone hills in the east, with the Colorado River canyon cutting through dramatic bluffs.

Cottonwood Shores had an estimated population of 1,626 as of 2023. The 78657 zip code has a median household income of $93,699, a median home value of $470,100, and a median age of 59.8. The average household size is 2.24 people.

Lake tourism, retirement communities, granite quarrying, ranching, and small-scale agriculture drive the Burnet County economy. The county is experiencing significant growth as Austin-area buyers seek lakefront properties and acreage within a 90-minute drive of the city.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of LPT Realty, LLC.

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Barron Johnson
Broker Associate · Spyglass Realty