ActiveMLS# 8178907
$1,999,999
19.09 Acres · Residential · $104,767/acre
409 County Road 138 Rd
Burnet, TX 78611 (Burnet County)
3
Bedrooms
3
Bathrooms
3,302
Sq Ft
2006
Year Built

About this property

Lake Buchanan estate. Tranquility & serenity are your first impressions. The large expanse of water is your next impression.1800 lf waterfront with 2 points for your dream home & 2 coves for swimming & fishing. A gated entrance takes you to a large barndominium & the barn with storage. An abundance of wildlife with room for horses. A totally unique 8.92 AC SUBMERGED when lake is full. The owner needs 45-day lease back after closing.

Property details

Property TypeResidential
Acreage19.09 acres
StatusActive
Days on Market154 days
ListedMarch 4, 2026
CountyBurnet
ZIP Code78611
Living Area3,302 sq ft
Price per Acre$104,767/acre
Year Built2006
Stories1
Garage Spaces10
SubdivisionBonanza Beach
Horse PropertyYes
WaterfrontYes
HOAYes
FencingBarbed Wire
ViewHill Country, Lake
Annual Property Tax$6,763 (2023)
MLS Number8178907
Listed ByTom G. Wagner

Location

Area & Lifestyle

About the Area

409 County Road 138 Rd is located in Burnet, 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.

Burnet had an estimated population of 6,630 as of 2023. The 78611 zip code has a median household income of $78,243, a median home value of $291,400, and a median age of 48.6. The average household size is 2.46 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 Tom G. Wagner.

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Barron Johnson
Broker Associate · Spyglass Realty