308 Peninsula Dr, Burnet, TX 78611
Property image
Property image
FOR SALE
3D VIEW
1.37 ACRES

$399,000

Original price: $449,000

    308 Peninsula Dr, Burnet, TX 78611

    Est. Mortgage $2,696/mo*
    Get Pre-Qualified

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    1.37 acres
    HOA
    $200/Monthly

    Local Information

    • Map ViewExplore the area around 308 Peninsula Dr.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Buyer Incentive: Owners will pay 2 YEARS of HOA DUES. This Difficult-To-Find WATERFRONT LOT is 1.37 acres, located in an Upscale Gated Community (The Peninsula @ Lake Buchanan) and includes a dedicated boat slip in the Private Marina (included in the HOA). Nestled within one of the most prestigious, tight-knit gated communities in all of Central Texas, this property offers the ultimate blend of privacy, convenient lake access, rugged Texas beauty & incredible views . This Lot is one of the few spots in the neighborhood where there is a lake view from the front & back of the house (when built.) Discover the perfect canvas for your architectural masterpiece on this sprawling water front lot. It is not just vacant land, it is 1.3+ acres of Natural Central Texas beauty combining natural stone, old-growth trees & native plants/wildflowers that lead straight into the water. Most lake lots feel like you’re on top of your neighbors, but not here! You have room to breathe and roam. Boasting an expansive footprint, this property features stunning natural rock outcroppings and a gentle slope toward the pristine waters of Lake Buchanan. Whether you envision a modern glass retreat or a classic Hill Country estate, the generous lot provides ample room for a sprawling floor plan, outdoor living oasis and breathtaking views. Water is included in the HOA (provided by the community water processing plant.) If you are looking for a true sense of Neighborhood Community, you found it. Upscale Water front opportunities in a gated enclave do not come along often. Come see the vision for yourself!
    Last check for updates: about 5 hours ago
    Listing courtesy of Trina Rivera, (512) 343-7500
    Coldwell Banker Realty, (512) 343-7500
    Source: Unlock MLS, MLS#8171972
    Also Listed on Unlock MLS.

    Home Details for 308 Peninsula Dr

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Underground Utilities, Water Available
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Lake, Marina, Water

    Exterior Features

    Exterior Home Features
    Other Structures: None
    Frontage
    WaterfrontWaterfront: Lake Front, Lake Privileges, WaterfrontRoad Surface Type: Asphalt, PVDOn Waterfront
    Water & Sewer
    Sewer: Septic NeededWater Body: Lake Buchanan
    Farm & Range
    Not Allowed to Raise Horses

    Days on Market

    Days on Market: 116

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 82178

    Price & Status

    Price
    List Price: $399,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Media

    Location

    Direction & Address
    City: BurnetCommunity: Peninsula On Lake Buchanan
    School Information
    Elementary School: RJ RicheyElementary School District: BurnetCONSISDJr High / Middle School: Burnet (Burnet ISD)Jr High / Middle School District: BurnetCONSISDHigh School: BurnetHigh School District: BurnetCONSISD

    Agent Information

    Listing Agent
    Listing ID: 8171972

    Community

    Community Features: Cluster Mailbox, Common Grounds, Controlled Access, Gated, High Speed Internet, Lake, Planned Social Activities, Underground Utilities

    HOA

    HOA Fee Includes: Common Area Maintenance, WaterHOA Name: The Peninsula @ Lake BuchananHas an HOAHOA Fee: $2,400/Annually

    Lot Information

    Lot Area: 1.37 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional, Texas Vet, VA Loan

    Miscellaneous

    Mls Number: 8171972Water ViewWater View: Lake, Marina, WaterAttribution Contact: (512) 343-7500

    Additional Information

    Cluster MailboxCommon GroundsControlled AccessGatedHigh Speed InternetLakePlanned Social ActivitiesUnderground Utilities

    Around this home

    What Locals Say about Burnet

    At least 46 Trulia users voted on each feature.

    • 93 % Say parking is easy

    • 92 % Say car is needed

    • 84 % Say yards are well-kept

    • 80 % Say there's holiday spirit

    • 75 % Say it's dog friendly

    • 74 % Say kids play outside

    • 72 % Say it's quiet

    • 67 % Say people would walk alone at night

    • 67 % Say they plan to stay for at least 5 years

    • 53 % Say neighbors are friendly

    • 52 % Say it's walkable to restaurants

    • 50 % Say it's walkable to grocery stores

    • 49 % Say there's wildlife

    • 29 % Say there are community events

    • 20 % Say streets are well-lit

    • 15 % Say there are sidewalks

    Sourced by Trulia users. Learn more about our methodology.
    • Mchotty88
      "Bluebonnet Festival is wholesome goodness of fun. Between the food and all the shops or even live bands playing each night definitely makes a memory of a lifetime "
      0
      Flag
    • G6g550
      "I drive only 8 miles to work. This is an extremely rural area and not considered to be safe for walking around. "
      0
      Flag
    • G6g550
      "Everyone in this area has to commute via personal vehicle 5 to 25 miles for employment. There is no public transit."
      0
      Flag
    • 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. "
      0
      Flag
    • 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! "
      0
      Flag
    • 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."
      0
      Flag
    • Renee K.
      "Great people in a relaxed country town!definitely enjoy the area!!!! Would recommend it to anyone who wants a family feeling!"
      0
      Flag
    • Allenrenee P.
      "the neighborhood is safe, and neighbors are friendly . I would definitely recommend. safe place to live!!!"
      1
      Flag
    • Fred f.
      "Waterfront community, everyone gets along well. Beautiful landscape and sunsets. The stars are fantastic at night."
      1
      Flag
    • 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."
      0
      Flag
    • 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."
      1
      Flag
    • 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!"
      0
      Flag
    • patrick l.
      "This is a great area to live in Central Texas! Several fresh water lakes nearby. Inks Lake State Park just is just a short drive. Not a bad commute to Cedar Park, Austin, TX. area. Nice Weather year round!"
      0
      Flag

    Market trends in Burnet

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    307
    3    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    244 Peninsula Drive, Burnet, TX
    0.19
    Lot/Land
    -
    11/24/25
    -
    -
    Lots 116-117 Scenic Drive, Burnet, TX
    0.78
    Lot/Land
    -
    11/25/25
    -
    -
    Lot 324 Lookback Street, Burnet, TX
    2.55
    Lot/Land
    -
    05/22/26
    -
    -
    Lot 102-103 TBD Fm 2341, Burnet, TX
    3.19
    Lot/Land
    -
    09/18/25
    -
    -
    xxxx Wolf Creek Ranch Rd. Drive, Burnet, TX
    3.19
    Lot/Land
    -
    01/15/26
    -
    -
    303 S Oak Lane, Burnet, TX
    3.45
    Lot/Land
    -
    05/13/26
    -
    -
    Hill St, Burnet, TX
    3.35
    Lot/Land
    -
    06/27/26
    -
    -
    TBD LOT 199 CR 139C, Burnet, TX
    3.57
    Lot/Land
    -
    03/16/26
    -
    -
    Leisure Ln, Burnet, TX
    3.67
    Lot/Land
    -
    12/11/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    32 Peninsula Drive, Burnet, TX 78611
    0.09
    -
    -
    -
    -
    Off Market
    Lot 28 Peninsula Drive, Burnet, TX 78611
    0.10
    -
    -
    -
    -
    Off Market
    lot 39 Peninsula Drive, Burnet, TX 78611
    0.13
    -
    -
    -
    -
    Off Market
    69 Peninsula Dr, Burnet, TX 78611
    0.18
    $195,000
    -
    -
    -
    For Sale
    244 Peninsula Drive, Burnet, TX 78611
    0.19
    -
    -
    -
    -
    Recently Sold
    501 Bumpy Ridge Dr, Burnet, TX 78611
    0.19
    $555,000
    2
    1
    1,352
    For Sale
    406 & 408 Peninsula Drive, Burnet, TX 78611
    0.19
    $1,050,000
    -
    -
    -
    For Sale
    408 Peninsula Drive, Burnet, TX 78611
    0.24
    -
    -
    -
    -
    Off Market
    lot 46 Peninsula Drive, Burnet, TX 78611
    0.27
    -
    -
    -
    -
    Off Market
    Lot 78 Peninsula, Burnet, TX 78611
    0.47
    $249,000
    -
    -
    -
    For Sale
    Lot 6 Peninsula Drive, Burnet, TX 78611
    0.50
    -
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Jul 27, 2026
    Source: Unlock MLS #8171972
    		PriceChange
    $399,000
    Price decreased by 11%
    May 8, 2026
    Source: Unlock MLS #8171972
    		Listed For Sale
    $449,000
    Nov 27, 2024
    Source: Unlock MLS #3870722
    		ListingRemoved
    $399,995
    Nov 19, 2024
    Source: Unlock MLS #3870722
    		Contingent
    $399,995
    Aug 24, 2024
    Source: Unlock MLS #3870722
    		PriceChange
    $399,995
    Price decreased by 6%

    LGBTQ Local Legal Protections

    Trina Rivera, Coldwell Banker Realty, (512) 343-7500
    Agent Phone: (512) 343-7500
    Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-08-31 23:09:37 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
    Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. Click here for more information

    Similar Homes You May Like

    Skip to last item
    Skip to first item

    New Listings near 308 Peninsula Dr

    Skip to last item
    Skip to first item

    Frequently asked questions about 308 Peninsula Dr

    • How big is 308 Peninsula Dr?
      308 Peninsula Dr in Burnet, TX is about 1.4 acres.
    • What is the price per acre for 308 Peninsula Dr?
      308 Peninsula Dr in Burnet, TX is listed at $399,000, or about $290K per acre.
    • What do residents say about Burnet?
      Residents describe Burnet, TX as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Burnet, TX.
    • What are the closest schools to 308 Peninsula Dr?
      The closest schools to 308 Peninsula Dr in Burnet, TX are Burnet Elementary School (Pre-K), Burnet High School (rated 6/10), Burnet Middle School (rated 5/10).
    308 Peninsula Dr, Burnet, TX 78611 is a lot/land. This property is currently available for sale and was listed by Unlock MLS on May 8, 2026. The MLS # for this home is MLS# 8171972.