318 Clear Creek DR, Burnet TX 78611
Burnet, TX 78611 · Clear Creek
Single Family Residence for sale in Clear Creek
Overview
Property Description
Lakefront Retreat on Inks Lake – Turnkey Investment Opportunity! Welcome to your relaxing lakeside escape located on the constant-level waters of Inks Lake. 318 Clear Creek Dr., Burnet, TX. This fully furnished lakefront retreat offers the perfect blend of comfort, recreation, and proven income potential. Currently operating as a successful short-term vacation rental, this property presents an excellent opportunity for investors seeking immediate rental income, while also appealing to buyers looking for a private lake retreat to enjoy with family and friends. Inside, the home features 3 bedrooms and 2 bathrooms, providing plenty of room for guests. The inviting interior offers comfortable living spaces designed for relaxing after a day on the water. The home is being sold fully furnished with furniture and decor, creating a warm and welcoming atmosphere and making it truly turnkey for continued vacation rental use or immediate enjoyment. Step outside to experience the best of lake life. The property features a private dock with boat lift, providing convenient access to boating, fishing, and enjoying the water. Also included are 2 kayaks and a paddle board, giving owners and guests more ways to enjoy beautiful Inks Lake. The outdoor setting adds even more charm with productive fruit trees and berries, including a well-producing fig tree, plum tree, pomegranate tree, and blackberries. When in bloom, these plantings create beautiful seasonal color, enhancing the peaceful lakeside atmosphere. Enjoy morning coffee by the shore, relax in the outdoor seating areas, or gather around the fire pit in the evening for beverages and conversation by the lake. With its established rental history, included furnishings and decor, watercraft, private dock, and inviting outdoor setting, this is a rare opportunity for buyers seeking a turnkey lakefront investment or personal retreat. Cast a line, launch a kayak, and start making memories as your lakefront getaway awaits!
Financial Info
- Price
- $875,000
- $ / Sqft
- $578
- HOA
- None
- Tax Rate
- 1.3088%
- Est. Taxes
- $9,276
- Tax Year
- 2025
- Exemptions
- Homestead, Over 65
Legal Info
- Address
- 318 Clear Creek DR
- County
- Burnet
- City
- Burnet
- State
- TX
- Zip
- 78611
- Subdivision
- Clear Creek
- Legal Description
- S3700 Clear Creek Lot 17
- Parcel
- 10083
Interior Features
- Floor
- Carpet, Laminate
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Pantry
- Appliances
- Dishwasher, Microwave, Double Oven, Free-Standing Range, Refrigerator, Gas Water Heater
- Laundry
- Laundry Room, Main Level
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Family Room
- Interior Features
- Breakfast Bar, Primary Bedroom on Main, Pantry, Walk-In Closet(s), Study/Home Office, Smoke Detector(s), See Remarks
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1960 / Resale
- Square Feet
- 1,513 / Public Records
- Garages
- 1
- Garage Desc
- Attached, Garage Door Opener
- Foundation
- Slab
- Roof
- Composition
- Construction
- HardiPlank Type
- Acres
- 0.48
- Lot Description
- Cul-De-Sac, Level, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
- Restrictions
- None
- Flood Plain
- Partial
- View
- Lake, River
- Water Access
- Yes
- Waterfront
- Yes
- Area
- BU
Utility Info
- Water
- Private
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Propane, Sewer Connected, Water Connected
- Heat
- Fireplace(s), Wall Furnace, Wood
- A C
- Wall/Window Unit(s)
Exterior Features
- Fence
- None
- Exterior Features
- Boat Dock - Shared, No Exterior Steps, Boat Dock - Private, Private Yard, Porch
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 12, 2026 | Price Decrease | $875,000−$25,000 (−2.8%) | −$25,000 (−2.8%) |
| Mar 5, 2026 | New Listing | — |
Taxes
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
Estimated monthly payment
$5,926 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $5,926
- Principal & interest
- $4,424
- Property taxes
- $773
- Homeowners insurance
- $729
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $700,000 | $7,824 | $45,270 | $692,176 | |
| 2 | $692,176 | $8,348 | $44,746 | $683,828 | |
| 3 | $683,828 | $8,907 | $44,187 | $674,921 | |
| 4 | $674,921 | $9,504 | $43,590 | $665,417 | |
| 5 | $665,417 | $10,140 | $42,954 | $655,277 | |
| 6 | $655,277 | $10,819 | $42,274 | $644,458 | |
| 7 | $644,458 | $11,544 | $41,550 | $632,914 | |
| 8 | $632,914 | $12,317 | $40,777 | $620,597 | |
| 9 | $620,597 | $13,142 | $39,952 | $607,455 | |
| 10 | $607,455 | $14,022 | $39,072 | $593,433 |
- Year 1$692,176
- Principal paid
- $7,824
- Interest paid
- $45,270
- Starting balance
- $700,000
- Year 2$683,828
- Principal paid
- $8,348
- Interest paid
- $44,746
- Starting balance
- $692,176
- Year 3$674,921
- Principal paid
- $8,907
- Interest paid
- $44,187
- Starting balance
- $683,828
- Year 4$665,417
- Principal paid
- $9,504
- Interest paid
- $43,590
- Starting balance
- $674,921
- Year 5$655,277
- Principal paid
- $10,140
- Interest paid
- $42,954
- Starting balance
- $665,417
- Year 6$644,458
- Principal paid
- $10,819
- Interest paid
- $42,274
- Starting balance
- $655,277
- Year 7$632,914
- Principal paid
- $11,544
- Interest paid
- $41,550
- Starting balance
- $644,458
- Year 8$620,597
- Principal paid
- $12,317
- Interest paid
- $40,777
- Starting balance
- $632,914
- Year 9$607,455
- Principal paid
- $13,142
- Interest paid
- $39,952
- Starting balance
- $620,597
- Year 10$593,433
- Principal paid
- $14,022
- Interest paid
- $39,072
- Starting balance
- $607,455
Nearby
Courtesy of Coldwell Banker Apex · (512) 289-2121
Listings courtesy of ACTRIS as distributed by MLS GRID.