3721 Lakeview Dr
About this property
Rare opportunity to own Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. Currently operating as a newer short-term rental, the property has generated approximately $40,000 in gross rental income over the past six months. Turnkey opportunity! This beautifully maintained single-story home features stunning lake views from every room, an updated kitchen, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. Mature pecan trees, privacy fencing, greenhouse, detached powered workshop, storage building, and full RV hookup provide remarkable flexibility for lake living, entertaining, hobbies, or future expansion. Just minutes from Horseshoe Bay, Marble Falls shopping, dining, and area attractions, with easy access to Austin. Seller financing available with competitive terms. An exceptional combination of waterfront living, acreage, privacy, and investment potential!
Property details
Location
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.