3721 Lakeview DR, Cottonwood Shores TX 78657
Cottonwood Shores, TX 78657 · Highland Lakes Acres
Single Family Residence for sale in Highland Lakes Acres
Overview
Property Description
Rare Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. This beautifully maintained single-story home features stunning lake views, an updated kitchen, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. Ancient pecan trees, privacy fencing, greenhouse, detached powered workshop, storage building, and full RV hookup provide remarkable flexibility for lake living, entertaining, hobbies, or future expansion. Currently operating as a popular short-term rental, offering attractive income potential. Minutes from Horseshoe Bay Resort, Marble Falls shopping, dining, and area attractions, with easy access to Austin. Seller financing available with competitive terms. An exceptional combination of waterfront living, acreage, privacy, and investment potential!
Financial Info
- Price
- $995,000
- $ / Sqft
- $449
- HOA
- None
- Tax Rate
- 1.7231%
- Est. Taxes
- $11,443
- Tax Year
- 2026
- Exemptions
- Homestead
Legal Info
- Address
- 3721 Lakeview DR
- County
- Burnet
- City
- Cottonwood Shores
- State
- TX
- Zip
- 78657
- Subdivision
- Highland Lakes Acres
- Legal Description
- S5206 HIGHLAND LAKES ACRES LOT 10
- Parcel
- 19430
Interior Features
- Floor
- Tile, Vinyl, Wood
- Num Living
- 2
- Dining
- 1
- Kitchen
- Granite Counters, Kitchen Island
- Appliances
- Electric Cooktop, Electric Oven, Stainless Steel Appliance(s)
- Laundry
- Inside, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Family Room, Wood Burning
- Interior Features
- Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Granite Counters, Double Vanity, Kitchen Island, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Study/Home Office, Walk-In Closet(s), See Remarks, Fire Alarm, Security Fence, Smoke Detector(s), Skylight(s), Window Coverings
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1982 / Resale
- Square Feet
- 2,217 / Owner
- Garages
- 3
- Garage Desc
- Attached, Detached, Garage, Oversized, RV Access/Parking, Workshop in Garage
- Foundation
- Slab
- Roof
- Metal
- Construction
- Stucco
- Acres
- 1.50
- Lot Description
- Back Yard, Cleared, Front Yard, Garden, Gentle Sloping, Trees-Large (Over 40 Ft), Views
- Restrictions
- Deed Restrictions
- Flood Plain
- Yes-100 yr
- View
- Hill Country, Lake, Panoramic, River
- Water Access
- Yes
- Waterfront
- Yes
- Area
- BU
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Internet-Cable, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air, Electric
Exterior Features
- Fence
- Chain Link, Fenced, Front Yard, Privacy
- Exterior Features
- Garden, Private Entrance, RV Hookup, Covered, Deck
- Pool On Property
- No
- Area Amenities
- See Remarks, Fishing, Lake, Park, Playground, Restaurant
Rooms
Main level
- Primary Bedroom
Ceiling Fan(s), Two Primary Closets, Walk-In Closet(s)
- Bedroom
Ceiling Fan(s), Walk-In Closet(s)
- Bedroom
Ceiling Fan(s), See Remarks, Walk-In Closet(s)
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 10, 2026 | Price Decrease | $995,000−$94,000 (−8.6%) | −$94,000 (−8.6%) |
| Aug 31, 2026 | Price Decrease | $1,089,000−$6,000 (−0.5%) | −$6,000 (−0.5%) |
| Jul 27, 2026 | Price Decrease | $1,095,000−$54,000 (−4.7%) | −$54,000 (−4.7%) |
| May 18, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Marble Falls ISD
- Elementary
- Colt
- Middle
- Marble Falls
- High
- Marble Falls
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$6,814 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $6,814
- Principal & interest
- $5,031
- Property taxes
- $954
- Homeowners insurance
- $829
*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 | $796,000 | $8,897 | $51,478 | $787,103 | |
| 2 | $787,103 | $9,493 | $50,882 | $777,610 | |
| 3 | $777,610 | $10,129 | $50,246 | $767,481 | |
| 4 | $767,481 | $10,807 | $49,568 | $756,674 | |
| 5 | $756,674 | $11,531 | $48,844 | $745,143 | |
| 6 | $745,143 | $12,303 | $48,072 | $732,840 | |
| 7 | $732,840 | $13,127 | $47,248 | $719,713 | |
| 8 | $719,713 | $14,006 | $46,369 | $705,707 | |
| 9 | $705,707 | $14,944 | $45,431 | $690,763 | |
| 10 | $690,763 | $15,945 | $44,430 | $674,818 |
- Year 1$787,103
- Principal paid
- $8,897
- Interest paid
- $51,478
- Starting balance
- $796,000
- Year 2$777,610
- Principal paid
- $9,493
- Interest paid
- $50,882
- Starting balance
- $787,103
- Year 3$767,481
- Principal paid
- $10,129
- Interest paid
- $50,246
- Starting balance
- $777,610
- Year 4$756,674
- Principal paid
- $10,807
- Interest paid
- $49,568
- Starting balance
- $767,481
- Year 5$745,143
- Principal paid
- $11,531
- Interest paid
- $48,844
- Starting balance
- $756,674
- Year 6$732,840
- Principal paid
- $12,303
- Interest paid
- $48,072
- Starting balance
- $745,143
- Year 7$719,713
- Principal paid
- $13,127
- Interest paid
- $47,248
- Starting balance
- $732,840
- Year 8$705,707
- Principal paid
- $14,006
- Interest paid
- $46,369
- Starting balance
- $719,713
- Year 9$690,763
- Principal paid
- $14,944
- Interest paid
- $45,431
- Starting balance
- $705,707
- Year 10$674,818
- Principal paid
- $15,945
- Interest paid
- $44,430
- Starting balance
- $690,763
Nearby
Courtesy of LPT Realty, LLC · (877) 366-2213
Listings courtesy of ACTRIS as distributed by MLS GRID.