Date
Details
Price
Change
Source
2/26/2026
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
New Luxury Construction on Open Water | Lake LBJ | Under $2.8M. Looking for one of the best values on Lake LBJ? Here it is, priced to sell and fully furnished, making this stunning new construction lake house a turnkey transition. Situated on 50 feet of prime open water, this exceptional property offers breathtaking Texas Hill Country and Nature views, thanks to the expansive ranch located directly across the lake. Enjoy a quiet and peaceful stretch of the lake with less boat traffic, perfect for safe swimming and great fishing, while still being just as close to WakePoint (less than 10 mins) as other homes on the lake. Step inside the 3,667 sqft, boasting 5 bedrooms and 5.5 bathrooms, this home will provide the ultimate elevated lake living experience. The gourmet kitchen is a chef's dream featuring top-of-the-line appliances, expansive quartz countertops, and a seamless cohesive flow designed for effortless entertaining. The main level includes a luxurious primary suite along with a second bedroom for easy accessibility, ideal for guests or multigenerational living. Upstairs, the game room is built for fun with a pool table, shuffleboard, and TV for watching sports, all overlooking the water. This home was designed for outdoor living at its best featuring: two covered patios perfect for morning coffee or evening glass of wine, outdoor kitchen for lakeside dining, large heated pool, hot tub and fire pit for unforgettable s'mores nights! The grand boat dock is equally impressive and includes a boat lift, lifts for two jet skis, a playful slide, concrete upper party deck, an owner's closet, and an additional closet for renters. Whether you are searching for a private luxury retreat, a high-performing short-term rental investment, or both, this fully furnished new construction priced under $2.8M is a rare opportunity on Lake LBJ. Secure one of the best values on the lake.
Full Property Details
Full Property Details for 1307 Co Rd 118B
General
- Price: $2,795,000
- HOA FEE: $3/month
- HOA FEE FREQ.: Annually
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9867174
- Updated: Today (2/26/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Double Vanity, Kitchen Island, Multiple Living Areas, Main Level Primary, Open Floorplan, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
- Appliances: See Remarks, Tankless Water Heater, Wine Cooler
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 2
Other Rooms
- Laundry: Main Level
Additional Information
- Shared Amenities: See Remarks
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, Heated, In Ground
- Security/Safety: See Remarks
Exterior
- Exterior Features: Balcony, Dock, Outdoor Grill, Private Yard
- Porch/Patio/Deck: Covered, Enclosed, Patio, Terrace, Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 5
- Parking Features: Concrete, Garage, Paved, Private
Location
- Area: BU
- County: Burnet
- Subdivision: SHERWOOD SHORES III
- Driving Directions: From Kingsland, turn on to FM 2342. Continue to the Park Road 4 turn off and turn left. Turn left on to CR 118. Turn left on to CR 118B. House will be on the right.
- Direction Faces: Southwest
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
- Association: Yes
- Assoc. Name: SHERWOOD SHORES III
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: Klaer Custom Homes
- Construction: See Remarks
- Roof: Metal
- Windows: See Remarks
- Stories/Levels: 2
- Square Feet: 3,667
- Sq. Ft. Source: Owner
- Living Area: 3,667 Sq. Ft.
- Year Built: 2026
- Year Built Source: Owner
- Property Condition: New Construction
Additional Structures
- Other Structures: Boat House, Outdoor Kitchen, See Remarks
Lot Features
- Property View: Hills, Lake, Panoramic, Pool, River, Water
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
- Fence: Yes
- Lot Features: Gentle Sloping, Landscaped, Sprinklers In Ground, Views
- Fencing (Description): Fenced, Wrought Iron
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake LBJ
- Water Front Desc.: Lake Front, River Front, Waterfront
- Lake Front: Yes
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Association Fee: $40
- Assoc Fee Freq.: Annually
- Assessment Amount: $430,000
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Site Plan
- Legal Description: S7700 SHERWOOD SHORES III LOT 704, SEC B .0
- Disclosures/Reports: See Remarks
- Property ID: 125475
- Lot Number: 704
Listed by StepStone Realty LLC
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Listing agents
— 1307 Co Rd 118B —
StepStone Realty LLC
StepStone Realty LLC
(512) 213-0195
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1307 Co Rd 118B
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 11.5 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 11.3 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 11.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1307 Co Rd 118B
Tax History
Tax History for 1307 Co Rd 118B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,070
—
$430,500
—
Disclaimer: Historical tax 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 1307 Co Rd 118B
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1307 Cr 118B, Burnet, TX 78611 (MLS# 9867174) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 1307 Cr 118B is currently listed for $2,795,000 and was received on February 26, 2026. Want to learn more about 1307 Cr 118B? Do you have questions about finding other Single Family real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.