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$129,900
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Property Description
Lake LBJ Waterfront Homesite for Sale | 1.52 Acres in Gated Estates on the River This rare 1.52-acre buildable homesite in Estates on the River, a gated luxury subdivision on the Colorado Arm of Lake LBJ, offers level, development-ready land with stunning Hill Country views. Perfect for your custom Hill Country home with room for pool, guest house, or workshop. Community Highlights: Private boat ramp and pier with direct open-water access Ideal for boating, fishing, and water recreation Near Inks Lake State Park and The Hangar at Log Country Cove Minutes from Burnet and Kingsland dining and shopping Why This Lake LBJ Property: Level, build-ready on prestigious Colorado Arm Panoramic views of Park Road 4 and hills Gated community with private waterfront access Owner financing available for qualified buyers Rare combination of acreage, privacy, and water access. Bring your builder and vision to Lake LBJ.
Full Property Details
Full Property Details for 129 Lone Oak Drive #Lot 3
General
- Price: $129,900
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $1,120 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 5612196
- Updated: 8/17/2026
- Added to Site: 231 day(s) ago
Additional Information
- Shared Amenities: Common Grounds/Area, Fishing, Gated, Lake, See Remarks
Location
- Area: BU
- County: Burnet
- Subdivision: Estates On The River
- Driving Directions: From RM 1431, turn right onto Ranch to Market Rd 2342. Drive 4.2 mi, turn left onto Lone Oak Drive into The Estates on the River. Contact agent for code to the gate.
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Shady Grove
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: The Estate on the River
- Assoc. Fees Include: Common Area Maintenance
Utilities
- Sewer: Septic Needed
- Water: Shared Well
- Well: Yes
- Utility Description: Electricity Available, Water Available, Water Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Trees/Woods
- Lot Size (Acres): 1.52
- Lot Size (Sq. Ft.): 66,211.2
- Lot Features: Cleared, Level, Open Lot, Views
- Fencing (Description): None
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Assessment Amount: $92,696
- Tax Amount: $1,120.51
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry, Texas Vet
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction
- Legal Description: S4330 ESTATES ON THE RIVER LOT 3 1.52
- Disclosures/Reports: Municipal Utility District Disclosure
- Property ID: 101617
- Lot Number: 3
Listed by eXp Realty, LLC
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Schools
Schools serving 129 Lone Oak Drive #Lot 3
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 10.6 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 10.4 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 10.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 129 Lone Oak Drive #Lot 3
Date
Details
Price
Change
Source
3/16/2026
Price Reduced
$129,900
-7.15%
MLS
1/10/2026
Listed
$139,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 129 Lone Oak Drive #Lot 3
129 Lone Oak Drive #Lot 3, Burnet, TX 78611 (MLS# 5612196) is a Lots/Land property with a lot size of 1.52 acres. 129 Lone Oak Drive #Lot 3 is currently listed for $129,900 and was received on January 10, 2026. Want to learn more about 129 Lone Oak Drive #Lot 3? Do you have questions about finding other Lots/Land real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.

