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ActiveMLS #5294064

110 Lakewood DR, Burnet TX 78611

Burnet, TX 78611 · South Silver Creek

Single Family Residence for sale in South Silver Creek

5Bedrooms
2Bathrooms
1,752Square Ft
0.37Acres
1Garage
1970Year Built
Price Reduced
1 / 34
$350,000$375,000

Overview

Property Description

*5.75% assumable interest rate for primary buyers.* The ultimate lake lifestyle and hill county living! Just a stone’s throw from the shores of Lake Buchanan, this property could be your future "forever home" or an incredible income-producing asset (previous owner operated as a successful STR). The versatile estate features a 5-bedroom main residence designed for comfort and connection. In addition to the main house is an unfinished 2-bedroom "Barndo" with a lower-level garage. It is fully wired and primed for a quick conversion into a guest suite, creative studio, or workshop. Seconds from Burnet County boat launch, where outdoor enthusiasts will enjoy access to world-class fishing. 5 minutes to Spider Mountain for Texas' best downhill mountain biking. 8 Minutes to Canyon of the Eagles. And just a walk across the street to one of the area's best new restaurants- Shadow and Light. I'm sure you are asking if it can get any better? IT CAN! This property can come fully furnished if desired AND has an assumable 5.75% rate for a primary buyer. Reach out to schedule a tour before it is too late!

Financial Info
Price
$350,000
$ / Sqft
$200
HOA
None
Tax Rate
1.2827%
Est. Taxes
$3,431
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
110 Lakewood DR
County
Burnet
City
Burnet
State
TX
Zip
78611
Subdivision
South Silver Creek
Legal Description
S7900 SOUTH SILVER CREEK LOT 561 & 562, UNIT 1 BLK UNIT 1
Parcel
41387
Interior Features
Floor
Vinyl
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Pantry
Appliances
Dishwasher, Gas Range, Gas Water Heater
Laundry
Laundry Closet
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Raised Hearth, Wood Burning
Interior Features
Breakfast Bar, Ceiling Fan(s), Electric Dryer Hookup, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Washer Hookup, None, Blinds
General Info
Beds
5 Total / 5 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1970 / Resale
Square Feet
1,752 / Public Records
Garages
1
Garage Desc
Detached, Garage, Parking Pad
Foundation
Slab
Roof
Metal
Construction
Masonry – Partial
Acres
0.37
Lot Description
Back Yard, Front Yard, Level, Sprinkler - Partial, Views
Restrictions
See Remarks
Flood Plain
No
View
Lake, Neighborhood, Panoramic
Water Access
No
Waterfront
No
Area
BU
Utility Info
Water
Public, Well
Sewer
Septic Tank
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Central, Fireplace(s)
A C
Central Air, Electric, Wall/Window Unit(s)
Exterior Features
Fence
Partial
Exterior Features
Exterior Steps, Covered, Front Porch, Rear Porch
Pool On Property
No
Area Amenities
None

Rooms

Rooms2 rooms

Main level

  • Primary Bedroom

    Full Bath

  • Kitchen

    Breakfast Bar, Dining Area, Eat In Kitchen, Pantry, Recessed Lighting

Price history

Members only
Days on market
−$25,000 (−6.7%)
$375,000 → $350,000
5
Price reductions
Active
Since Feb 27, 2026
Price trend
List priceFeb 2026Sep 2026
Property history6 events
DateEventPriceChange
Sep 12, 2026Price Decrease$350,000−$9,500 (−2.6%)
Aug 20, 2026Price Decrease$359,500−$500 (−0.1%)
Jul 7, 2026Price Decrease$360,000−$5,000 (−1.4%)
Jun 6, 2026Price Decrease$365,000−$4,000 (−1.1%)
Mar 20, 2026Price Decrease$369,000−$6,000 (−1.6%)
Feb 27, 2026New Listing

Taxes

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

Schools

School Info
District
BurnetCONSISD
Elementary
Shady Grove
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 $350,000
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

$2,348 / mo

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

Estimated monthly payment $2,348

Principal & interest
$1,770
Property taxes
$286
Homeowners insurance
$292

*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$280,000$3,130$18,108$276,870
2$276,870$3,339$17,898$273,531
3$273,531$3,563$17,675$269,968
4$269,968$3,801$17,436$266,167
5$266,167$4,056$17,181$262,111
6$262,111$4,328$16,910$257,783
7$257,783$4,618$16,620$253,165
8$253,165$4,927$16,311$248,239
9$248,239$5,257$15,981$242,982
10$242,982$5,609$15,629$237,373
  • Year 1$276,870
    Principal paid
    $3,130
    Interest paid
    $18,108
    Starting balance
    $280,000
  • Year 2$273,531
    Principal paid
    $3,339
    Interest paid
    $17,898
    Starting balance
    $276,870
  • Year 3$269,968
    Principal paid
    $3,563
    Interest paid
    $17,675
    Starting balance
    $273,531
  • Year 4$266,167
    Principal paid
    $3,801
    Interest paid
    $17,436
    Starting balance
    $269,968
  • Year 5$262,111
    Principal paid
    $4,056
    Interest paid
    $17,181
    Starting balance
    $266,167
  • Year 6$257,783
    Principal paid
    $4,328
    Interest paid
    $16,910
    Starting balance
    $262,111
  • Year 7$253,165
    Principal paid
    $4,618
    Interest paid
    $16,620
    Starting balance
    $257,783
  • Year 8$248,239
    Principal paid
    $4,927
    Interest paid
    $16,311
    Starting balance
    $253,165
  • Year 9$242,982
    Principal paid
    $5,257
    Interest paid
    $15,981
    Starting balance
    $248,239
  • Year 10$237,373
    Principal paid
    $5,609
    Interest paid
    $15,629
    Starting balance
    $242,982
First 10 of 30 years

Nearby

Courtesy of KW-Austin Portfolio Real Estate · (512) 901-9600

Listings courtesy of ACTRIS as distributed by MLS GRID.