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308 Peninsula Dr, Burnet, TX, 78611

$399,995

1.37 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontLake Front, Lake Privileges
ViewHills, Lake, Panoramic
MLS #3870722
Lot Size1.37 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 308 Peninsula Dr

Seize the rare chance to own a premier waterfront homesite on Lake Buchanan in the prestigious gated community of The Peninsula on Lake Buchanan. This exquisite 1.36-acre lot, nestled in an elegant and tranquil subdivision on the east shore of the lake, offers the perfect canvas for your forever home. With 71 feet of pristine water frontage, you'll enjoy breathtaking sunset views from your back porch, overlooking a gently sloping waterfront. What sets this property apart is its unparalleled dual views of the lake from both the front and rear of the lot, a feature seldom found elsewhere. Included with this lot is Boat Slip #3 in the community marina, just a short stroll from your future doorstep. The Peninsula community boasts a wealth of amenities designed to enhance your lifestyle, including a private boat ramp, beautifully paved streets with ribbon curbs, a community mailbox, and a reliable community water system. Opportunities to secure such exceptional homesites in the Highland Lakes region are vanishing quickly. Don’t miss out on this unique chance to create your idyllic lakeside retreat!

Property Details

Property Features

Listing Office:

  • Office Name: Creekview Realty
  • Office Phone: (214) 696-4663
  • Listing Agent: John Prell

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Lake Privileges
  • View: Hills, Lake, Panoramic

Lot Features

Lot Information:

  • Lot Size: 1.37 Acres

Other

Directions Information:

  • Directions: Head West on HWY 29 from Burnet, take a right on Ranch Rd 690, about 4 miles down take a left in to The Peninsula on Peninsula Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,995

HOA Fees:

  • Amount: $2400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,530
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burnet, TX.

Med. Sold Price

$359.9K

Med. Price/SqFt

$225

Avg. Days On Market

83

# of Sold Homes

11

308 Peninsula Dr vs Burnet

184 DAYS ON ROCKET

+101 Days

$399,995

+$40K More

KEY TAKEAWAY

This property is $40K more than the Median Sold Price in Burnet, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3870722

Listing Office:

  • Office Name: Creekview Realty
  • Office Phone: (214) 696-4663
  • Listing Agent: John Prell

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/23/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,530$153,000
2019$3,046$180,000
2018$3,164$180,000
2017$2,053$115,000

History based on county public records data.

Payment Calculator

$2,264

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-887055
2
/10
  • R. J. Richey Elementary School

  • 500 E Graves St

  • 10.19 miles

  • Public District Grades 3-5

school-card-donut-887056
4
/10
  • Packsaddle Elementary School

  • 150 Pioneer Ln

  • 11.06 miles

  • Public District Grades PK-5

school-card-donut-887057
3
/10
  • Highland Lakes Elementary School

  • 8200 W FM 1431

  • 13.71 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,801. Most Burnet, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 308 Peninsula Dr

What is the listing price of this property?

The listing price of 308 Peninsula Dr property is $399,995.

What type of property is this?

The property 308 Peninsula Dr is land located in Burnet, Texas, 78611.

Is this property for sale now?

Accepting Backup Offers: 308 Peninsula Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,530 (source: MLS/based on county public records data).

How much acreage is this property?

The property 308 Peninsula Dr is 1.37 acres.
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Rocket HomesTexasBurnet CountyBurnet78611308 Peninsula Dr

This home is located at 308 Peninsula Dr in Burnet, TX and zip code 78611 in the The Peninsula on Lake Buchanan neighborhood. This home sits on a 1.37 acre lot. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $399,995.

In October 2024, from all listings sold in Burnet, TX there were more than 0 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. In October 2024 in Burnet, TX there were 18.3% more homes for sale than in September 2024. Listings spent 83 days on the market in October 2024, and had a median list price of $359,950 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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