Date
Details
Price
Change
Source
2/27/2026
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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$2,795,000
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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 & fully furnished, making this stunning new construction lake house a turnkey transition. Situated on 50 feet of open water, this exceptional property offers breathtaking TX Hill Country and Nature views directly across the lake. Enjoy a quiet & peaceful stretch of the lake with less boat traffic, perfect for safe swimming & great fishing, while still being just as close to WakePoint (less than 10 mins) as other homes on the lake. Step inside the 3,667sf, boasting 5 bedrooms and 5.5 bathrooms & experience elevated lake living. The gourmet kitchen is a chef's dream featuring top-of-the-line appliances, quartz countertops, & a seamless cohesive flow designed for effortless entertaining. The main level includes a luxurious primary suite along with a 2nd bedroom for easy accessibility. Upstairs, enjoy the game room while overlooking the water. This home was designed for outdoor living at its best featuring: two covered patios, outdoor kitchen, large heated pool, hot tub and fire pit. 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're searching for a luxury retreat, a high-performing short-term rental investment, or both, this fully furnished home priced under $2.8M is a rare opportunity on Lake LBJ.
Full Property Details
Full Property Details for 1307 Co Rd 118B
General
- Price: $2,795,000
- HOA FEE: $3/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 176696
- Updated: 3/3/2026
- Added to Site: 36 day(s) ago
Interior
- Rooms/Areas: Dining Room, Family Room, Great Room, Kitchen, Laundry
- Interior Features: Breakfast Bar, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Heated
Exterior
- Exterior Features: Balcony, Sprinkler System, Hot Tub
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 1 Car Attached Garage, Front Entry
Location
- 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.
School Information
- High School District: Burnet
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Construction: HardiPlank Type, Stone
- Foundation: Slab
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 3,667
- Sq. Ft. Source: Plans
- Living Area: 3,667 Sq. Ft.
- Year Built: 2026
Unit Information
- Residential Units: 1
Lot Features
- Property View: Hill Country, Lake, Panoramic
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,250
- Lot Dimensions: 225 x 50
- Frontage: Paved Road
- Fence: Yes
- Topography: Cleared Land
- Fencing (Description): Wrought Iron
Water Features
- Water View: Yes
- Water Front Type: Open Water
- Water Front View: Lake LBJ
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Sq. Ft.: $762.2
- Association Fee: Yes
- Association Fee: $40
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Legal Description: S7700 SHERWOOD SHORES III LOT 704, SEC B .0
- Property ID: 12547
Listed by StepStone Realty LLC, Jeffrey Panko and StepStone Realty LLC, Carol Van Waarde
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Or call us at (800) 531-7667
Listing agents
— 1307 Co Rd 118B —
Jeffrey Panko
StepStone Realty LLC
Carol Van Waarde
StepStone Realty LLC
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 ATTOM Data Solutions 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# 176696) 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 27, 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.