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ActiveMLS #7546920

1512 County Road 137, Burnet TX 78611

Burnet, TX 78611 · Council Creek South

Single Family Residence for sale in Council Creek South

4Bedrooms
2Bathrooms
1,144Square Ft
0.50Acres
0Garage
2018Year Built
1 / 39
$795,000
3D tour

Overview

Property Description

Custom-built lake house situated in the pristine area of Council Creek South on Lake Buchanan in Burnet County. The lake house is located about 15 minutes north of Burnet and provides an easy drive to Marble Falls and all the other Highland Lakes. The city of Austin and the airport can be accessed in about an hour. Constructed on three large lots this relaxing property offers plenty of room for the family and friends. The house was built in 2018 by the owner who is an experienced contractor. The owner constructed the home of 2x6 studs with spray-in insulation. To allow plenty of light and views of the lake the home features showcase vinyl windows that offer excellent durability. The spacious and cozy lake house offers 1,144 S.F. of living area, four bedrooms and two full baths. The living room is open to the kitchen and dining room. The interior of the home features an all-tile floor, knotty alder cabinets, and all quartz kitchen and bath counter-tops. The exterior is constructed of durable Hardi plank. The roof is constructed with all metal standing seem roofing. A covered lake side porch that overlooks the lake and a covered outdoor 210 S.F. gazebo with a cooking area and outdoor sink. While the cook is cooking the kids and family will enjoy the swing and bench that overlooks the lake. Large live oak trees are present and line the lake front. The large floating dock provides a great place for fishing and for docking the boats or jet skis and is made of durable all-weather material. A productive water well and water softener system and septic are already in place on the property. The structures were constructed of material that offer low or very little maintenance. This property offers an excellent investment opportunity. The owners have been successful in renting out the property for daily and weekend rentals. For anyone looking for a great place to live and enjoy the lake life, this property will make a great retirement or perfect permanent home!

Financial Info
Price
$795,000
$ / Sqft
$695
HOA
Yes - Mandatory / $150 / Annually
HOA Name
Council Creek South
HOA Includes
See Remarks
Tax Rate
1.28%
Est. Taxes
$5,184
Tax Year
2026
Exemptions
None
Legal Info
Address
1512 County Road 137
County
Burnet
City
Burnet
State
TX
Zip
78611
Subdivision
Council Creek South
Legal Description
S3900 COUNCIL CREEK SOUTH LOT D, E & F BLK 2
Parcel
11334
Interior Features
Floor
See Remarks
Num Living
1
Dining
1
Appliances
Cooktop, Microwave, Free-Standing Electric Range, Refrigerator
Laundry
See Remarks
Master Bed
Primary Bedroom on Main
Master Main
Yes
Interior Features
Ceiling Fan(s), Quartz Counters, Primary Bedroom on Main, See Remarks, Vinyl Windows
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2018 / See Remarks
Square Feet
1,144 / Public Records
Garage Desc
Driveway
Foundation
Slab
Roof
See Remarks, Metal
Construction
See Remarks
Acres
0.50
Lot Description
Trees-Moderate, Views
Restrictions
See Remarks
Flood Plain
See Remarks
View
Hill Country, Lake, Water
Water Access
Yes
Waterfront
Yes
Area
BU
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
See Remarks, Boat Dock - Private, Covered, Deck, Porch
Pool On Property
No
Area Amenities
See Remarks

Rooms

Rooms1 room

Main level

  • Primary Bedroom

    Ceiling Fan(s)

Price history

Members only
Days on market
$795,000
List price
0
Price reductions
Active
Since Jun 22, 2026
Property history1 event
DateEventPriceChange
Jun 22, 2026New 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 $795,000
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

$5,115 / mo

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

Estimated monthly payment $5,115

Principal & interest
$4,020
Property taxes
$432
Homeowners insurance
$663

*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$636,000$7,109$41,131$628,891
2$628,891$7,585$40,655$621,306
3$621,306$8,093$40,147$613,214
4$613,214$8,635$39,605$604,579
5$604,579$9,213$39,026$595,366
6$595,366$9,830$38,409$585,536
7$585,536$10,488$37,751$575,047
8$575,047$11,191$37,049$563,856
9$563,856$11,940$36,299$551,916
10$551,916$12,740$35,499$539,176
  • Year 1$628,891
    Principal paid
    $7,109
    Interest paid
    $41,131
    Starting balance
    $636,000
  • Year 2$621,306
    Principal paid
    $7,585
    Interest paid
    $40,655
    Starting balance
    $628,891
  • Year 3$613,214
    Principal paid
    $8,093
    Interest paid
    $40,147
    Starting balance
    $621,306
  • Year 4$604,579
    Principal paid
    $8,635
    Interest paid
    $39,605
    Starting balance
    $613,214
  • Year 5$595,366
    Principal paid
    $9,213
    Interest paid
    $39,026
    Starting balance
    $604,579
  • Year 6$585,536
    Principal paid
    $9,830
    Interest paid
    $38,409
    Starting balance
    $595,366
  • Year 7$575,047
    Principal paid
    $10,488
    Interest paid
    $37,751
    Starting balance
    $585,536
  • Year 8$563,856
    Principal paid
    $11,191
    Interest paid
    $37,049
    Starting balance
    $575,047
  • Year 9$551,916
    Principal paid
    $11,940
    Interest paid
    $36,299
    Starting balance
    $563,856
  • Year 10$539,176
    Principal paid
    $12,740
    Interest paid
    $35,499
    Starting balance
    $551,916
First 10 of 30 years

Nearby

Courtesy of Ranch Investments · (800) 447-8604

Listings courtesy of ACTRIS as distributed by MLS GRID.