505 Lakewood Drive, Burnet, TX 78611
FOR SALE

505 Lakewood Drive
Burnet, TX 78611

  • 2 Beds
  • 2 Baths
  • 1,724 sqft
  • 2 Beds
  • 2 Baths
  • 1,724 sqft

$650,000

Original price: $674,900
Est. Mortgage $4,207/mo*
We estimate this home will sell faster than 96% nearby.

Local Information

map showing home location
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Commute Destination

Description

Assumable VA Loan Mortgage 2.375%! Spacious lake front cottage with breathtaking views! Sitting on the Lake Buchanan shore-line in a quiet neighborhood, discover this immaculately maintained 2 bedrooms, 2 bath home with three living areas. The split level den with wood-burning fireplace could be turned into private guest quarters with a private entrance; a sun room with beautiful views and access to the lake; and an open concept living room adjacent to the dining room and kitchen. Modern kitchen with stainless steel appliances, open concept shelving, and a view overlooking the lake. The two bedrooms are adjoined by a bathroom; each extra large bedroom can easily accommodate two queen or a king-sized bed. The back yard is situated an open waterfront lot, with mature trees, and is fully fenced. Panoramic views from the back yard and fishing dock creates a joyous space for the whole family. This property makes for the perfect primary residence, second home, or vacation rental. No restrictions, no HOA, and no POA!

Home Highlights

Parking
1 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
No HOA Fee
Price/Sqft
$377
Listed
34 days ago

Home Details for 505 Lakewood Drive

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1724 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Gas Range, Washer, Gas Water HeaterDishwasherDryerMicrowaveWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: OneHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Laminate
View
Has a ViewView: Hill Country, Lake
Security
Security: Security System, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: MetalFencing: Chain LinkExterior: Sprinkler SystemFoundation: Crawl Space, Pier & BeamSprinkler System
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportNo GarageNo Attached GarageParking Spaces: 1Parking: 1 Car Carport
Frontage
WaterfrontWaterfront: Lake, Lake Buchanan EastRoad Surface Type: DirtOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Frontage Length: 75

Days on Market

Days on Market: 34

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cottage,Traditional
Building
Construction Materials: Wood
Property Information
Parcel Number: 041347

Price & Status

Price
List Price: $650,000Price Per Sqft: $377
Status Change & Dates
Possession Timing: Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: BurnetCommunity: South Silver Creek
School Information
High School District: Burnet

Agent Information

Listing Agent
Listing ID: 168052

Building

Building Area
Building Area: 1724 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 7840.8 sqft

Energy

Energy Efficiency Features: Ceiling Fan(s)

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 168052Water ViewWater View: Lake

Additional Information

HOA Amenities: Water AccessMlg Can ViewMlg Can Use: IDX
Last check for updates: about 3 hours ago
Listing courtesy of April Evans, (512) 755-4876
Devora Realty
Johnny Devora, (512) 961-9084
Devora Realty
Source: HLMLS, MLS#168052

Price History for 505 Lakewood Drive

DatePriceEventSource
03/25/2024$650,000PriceChange
HLMLS #168052
12/15/2023$674,900PriceChange
HLMLS #166750
10/27/2023$699,900Listed For SaleUnlock MLS #2328337
10/18/2022ListingRemovedHLMLS #162083
09/30/2022$775,000Listed For SaleHLMLS #162083
12/03/2021ListingRemovedUnlock MLS #4484782
11/03/2021$769,000ContingentUnlock MLS #4484782
10/28/2021$769,000Listed For SaleUnlock MLS #4484782

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Property Taxes and Assessment

Year2023
Tax$4,846
Assessment$569,584
Home facts updated by county records

Comparable Sales for 505 Lakewood Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.43
Single-Family Home
-
02/15/24
2
1
924
2.91
Single-Family Home
-
05/08/23
2
2
1,508
3.31
Single-Family Home
-
04/19/24
3
3
2,570
4.14
Single-Family Home
-
03/20/24
1
1
520
4.39
Single-Family Home
-
07/07/23
4
3
2,920
5.40
Single-Family Home
-
12/19/23
2
2
1,368

What Locals Say about Burnet

  • G6g550
    "I drive only 8 miles to work. This is an extremely rural area and not considered to be safe for walking around. "
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  • G6g550
    "Everyone in this area has to commute via personal vehicle 5 to 25 miles for employment. There is no public transit."
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  • Goggidart
    "We are all very close. Potluck dinners twice a year. But visit each other very often! No crime. We all look out for each other. "
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  • Elyzabethmusiak
    "I feel that burnet is a family friendly and safe place to live. I very much enjoy living here. houses are nice and affordable! "
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  • Sonny
    "My neighborhood is full of homes that are almost are on top of one another; for example, one could slightly raise the volume of voice to speak with either three neighbors to them. Also the apartments on Vanderveer where I currently reside seem to be a round the clock traffic attraction for groups of 16-21 year old young folk all hours of the day and night. Loud. Wild. Sometimes quite rude. Sometimes quite helpful... when moving furniture. Wish our neighborhood had annual block partys. One for summer kick off and its end."
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  • Renee K.
    "Great people in a relaxed country town!definitely enjoy the area!!!! Would recommend it to anyone who wants a family feeling!"
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  • Allenrenee P.
    "the neighborhood is safe, and neighbors are friendly . I would definitely recommend. safe place to live!!!"
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  • Fred f.
    "Waterfront community, everyone gets along well. Beautiful landscape and sunsets. The stars are fantastic at night."
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  • G6g550
    "It’s less busy than bigger cities and the population is older adults. It’s a quiet place There is not a lot of crime or criminal activity that would make anyone afraid to live here."
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  • Jennifer w.
    "I love the small town feel. The area is nice and the school system is really good. I love the community events that happen all year round."
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  • Sharai K.
    "Burnet, TX is an excellent area to either raise a family, or retire too. There are many lakes, marinas, golf courses, and other public attractions with 15 minutes of the area. The schools are known both for their academic programs as wells as their athletic programs. There seems to be a little bit of everything for everyone. The people in this community are extremely friendly and genuinely seem to care about one another. Overall, out of all of the places that I have lived in Texas, this one was definitely the best!"
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  • Brandon
    "lived here for 10 years. right across the highway from the schools. 2 min drive from anywhere in town.Lots of kids and pets."
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LGBTQ Local Legal Protections

April Evans, Devora Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
505 Lakewood Drive, Burnet, TX 78611 is a 2 bedroom, 2 bathroom, 1,724 sqft single-family home built in 1970. This property is currently available for sale and was listed by HLMLS on Mar 25, 2024. The MLS # for this home is MLS# 168052.