Mr. Home Search
ActiveMLS #2589415

318 Clear Creek DR, Burnet TX 78611

Burnet, TX 78611 · Clear Creek

Single Family Residence for sale in Clear Creek

3Bedrooms
2Bathrooms
1,513Square Ft
0.48Acres
1Garage
1960Year Built
Price Reduced
1 / 37
$875,000$900,000
3D tour

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

Members only
Days on market
−$25,000 (−2.8%)
$900,000 → $875,000
1
Price reduction
Active
Since Mar 5, 2026
Price trend
List priceMar 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 12, 2026Price Decrease$875,000−$25,000 (−2.8%)
Mar 5, 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 $875,000
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

$5,926 / 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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Coldwell Banker Apex · (512) 289-2121

Listings courtesy of ACTRIS as distributed by MLS GRID.