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ActiveMLS #8751834

108 Kings PLZ, Burnet TX 78611

Burnet, TX 78611 · Council Creek South

Single Family Residence for sale in Council Creek South

2Bedrooms
2 full / 1 halfBathrooms
1,726Square Ft
1.03Acres
0Garage
1976Year Built
Price Reduced
1 / 11
$825,000$950,000

Overview

Property Description

A rare lakefront canvas with unmatched potential Lake Buchanan has a magic all its own quiet mornings with silver shimmering water at sunrise, deep-blue afternoons, and pink-sky evenings. This property places you right in the middle of that Texas lake-life experience. Set on over an acre with nearly 300 feet of north-facing shoreline, it offers one of the most impressive and private lakefront settings available. Mature oaks frame panoramic views, and the gentle slope leads to deep water and a newer boathouse. The 1976 home is dated and while it could be renovated, the true value is in the land and the development potential. Originally three lots, the property is now one large parcel but can be divided again, making it ideal for a private estate, multi-home retreat, or three separate residences. Aggressively priced for land-first value, this is a rare opportunity to secure premier frontage and build something exceptional. The canvas is extraordinary. The lifestyle is unforgettable. And the next story here could be yours

Financial Info
Price
$825,000
$ / Sqft
$478
HOA
Yes - Mandatory / $150 / Annually
HOA Name
Council Creek South
HOA Includes
See Remarks
Tax Rate
1.556%
Est. Taxes
$5,471
Tax Year
2021
Exemptions
None
Legal Info
Address
108 Kings PLZ
County
Burnet
City
Burnet
State
TX
Zip
78611
Subdivision
Council Creek South
Legal Description
COUNCIL CREEK SOUTH LOT 13, 14 & 15 BLK 1
Parcel
03900000100014000
Interior Features
Floor
Carpet, Parquet
Num Living
1
Dining
1
Appliances
Disposal, Electric Range, Microwave, Free-Standing Electric Oven, Trash Compactor, Electric Water Heater, WaterSoftener
Laundry
See Remarks
Master Bed
2 Primary Baths, Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Free Standing
Interior Features
2 Primary Baths, High Ceilings, Laminate Counters, Electric Dryer Hookup, Interior Steps, Primary Bedroom on Main, Smart Thermostat, Washer Hookup, None
General Info
Beds
2 Total / 1 Main Level / 1 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1976 / Resale
Square Feet
1,726 / Public Records
Garage Desc
Driveway
Foundation
Pillar/Post/Pier
Roof
Shingle
Construction
Wood Siding
Acres
1.03
Lot Description
Pie Shaped Lot, Sloped Down, Trees-Heavy, Views
Restrictions
Deed Restrictions
Flood Plain
Partial
View
Hill Country, Lake, Panoramic, Water
Water Access
Yes
Waterfront
Yes
Area
BU
Utility Info
Water
Private, Shared Well
Sewer
Septic Tank
Utilities
Electricity Connected, Other, Water Connected
Heat
Central, Electric
A C
Central Air, Electric
Exterior Features
Fence
None
Exterior Features
Balcony, Boat Lift, Boat Dock - Shared, Satellite Dish Owned, Deck
Pool On Property
No
Area Amenities
Park, See Remarks

Rooms

Rooms3 rooms

Main level

  • Kitchen
  • Primary Bedroom

Second level

  • Bedroom

Price history

Members only
Days on market
−$125,000 (−13.2%)
$950,000 → $825,000
1
Price reduction
Active
Since Nov 21, 2025
Price trend
List priceNov 2025Apr 2026
Property history2 events
DateEventPriceChange
Apr 7, 2026Price Decrease$825,000−$125,000 (−13.2%)
Nov 21, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
BurnetCONSISD
Elementary
Burnet
Middle
Burnet (Burnet ISD)
High
Burnet

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $825,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$5,316 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $5,316

Principal & interest
$4,172
Property taxes
$456
Homeowners insurance
$688

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$660,000$7,377$42,683$652,623
2$652,623$7,871$42,189$644,752
3$644,752$8,398$41,662$636,354
4$636,354$8,961$41,099$627,393
5$627,393$9,561$40,499$617,832
6$617,832$10,201$39,859$607,631
7$607,631$10,884$39,176$596,747
8$596,747$11,613$38,447$585,134
9$585,134$12,391$37,669$572,743
10$572,743$13,221$36,839$559,522
  • Year 1$652,623
    Principal paid
    $7,377
    Interest paid
    $42,683
    Starting balance
    $660,000
  • Year 2$644,752
    Principal paid
    $7,871
    Interest paid
    $42,189
    Starting balance
    $652,623
  • Year 3$636,354
    Principal paid
    $8,398
    Interest paid
    $41,662
    Starting balance
    $644,752
  • Year 4$627,393
    Principal paid
    $8,961
    Interest paid
    $41,099
    Starting balance
    $636,354
  • Year 5$617,832
    Principal paid
    $9,561
    Interest paid
    $40,499
    Starting balance
    $627,393
  • Year 6$607,631
    Principal paid
    $10,201
    Interest paid
    $39,859
    Starting balance
    $617,832
  • Year 7$596,747
    Principal paid
    $10,884
    Interest paid
    $39,176
    Starting balance
    $607,631
  • Year 8$585,134
    Principal paid
    $11,613
    Interest paid
    $38,447
    Starting balance
    $596,747
  • Year 9$572,743
    Principal paid
    $12,391
    Interest paid
    $37,669
    Starting balance
    $585,134
  • Year 10$559,522
    Principal paid
    $13,221
    Interest paid
    $36,839
    Starting balance
    $572,743
First 10 of 30 years

Nearby

Courtesy of The Sears Group · (713) 357-0068

Listings courtesy of ACTRIS as distributed by MLS GRID.