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$1,195,000 Sale Pending
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Property Description
Lakeside Luxury Meets Hill Country Adventure- Tucked in the serene Rocky Point subdivision on Lake Buchanan, 206 County Road 142 is a rare multi-home waterfront estate designed for lake lovers, entertainers, and investors alike. Spanning two legal lots, this renovated compound features two fully updated homes, a massive garage/game room, private boat ramp, and endless outdoor amenities across over an acre of lakefront. Both homes are thoughtfully designed-one a tranquil lakefront retreat with a spacious balcony and sweeping views, the other a lively gathering space with chef's kitchen, game room, and fireplace. The outdoor space is an entertainer's dream: RV & boat garage, arcade setup, hot tub, sandy shoreline, playground, and hookups for three RVs with additional parking across the street. Whether you want to host, relax, or invest, this property offers it all. Located near Texas Hill Country hotspots like Spider Mountain Bike Park, Torr Na Lochs Winery, and Longhorn Caverns-with quick access to Burnet, Kingsland, and Marble Falls-this is more than a home; it's a lifestyle and a prime short-term rental opportunity. Experience the magic of lakeside luxury-schedule your private showing today.
Full Property Details
Full Property Details for 206 Co Rd 142
General
- Price: $1,195,000
- Status: Pending
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 173421
- Updated: 11/20/2025
- Added to Site: 244 day(s) ago
Interior
- Rooms/Areas: Dining Room, Family Room, Foyer, Game Room, Great Room, Guest/Maid Quarters, Kitchen, Laundry, Living Room, Storage Room, Utility Room Inside, Main Level Master Bdrm
- Interior Features: Breakfast Bar, Pantry, No Steps to Entry, Over 14ft Celing
- Fireplace: Yes
- Fireplace(s): One, One
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Cooktop
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Water
Location
- County: Burnet
- Subdivision: Rocky Point
- Driving Directions: From Hwy 281, go west on W Polk St (TX29, Buchanan Dr), turn north or right on RM-2341, left on CR-114 (Little Midland-Dorbandt Rd), veer left on RM-690, then right on CR-142: House on left, extra lot on right
School Information
- High School District: Burnet
Community
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Cottage, Beach/Pilings Home, Barndominium
- Construction: Block, Steel Frame, Wood Siding, Other, Metal, Stone
- Roof: Metal
- Stories/Levels: 3
- Square Feet: 4,756
- Sq. Ft. Source: County Records
- Living Area: 4,756 Sq. Ft.
- Year Built: 1997
Unit Information
- Residential Units: 2
Lot Features
- Property View: Lake, Panoramic
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 43,560
- Lot Dimensions: 150 x 250
- Frontage: County Road, Paved Road
- Topography: Cleared Land
Water Features
- Water View: Yes
- Water Front Type: Open Water
- Water Front View: Lake Buchanan East
Financial Considerations
- Price Per Sq. Ft.: $251.26
Disclosures and Reports
- Legal Description: S7350 ROCKY POINT LOT 8, 9, & 76 BLK 1
- Property ID: 37061
Listed by Compass RE Texas, LLC, Gary Dolch
Get Pre-Approved Today
Schools
Schools serving 206 Co Rd 142
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 9.1 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 9.3 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 206 Co Rd 142
Date
Details
Price
Change
Source
7/24/2025
Price Increased
$1,195,000
10.14%
MLS
6/25/2025
Price Reduced
$1,085,000
-9.21%
MLS
6/12/2025
Price Reduced
$1,195,000
-4.4%
MLS
5/19/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 Co Rd 142
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,274
—
$984,000
-1%
2024
$13,274
-10%
$996,955
-10%
2023
$14,782
-4%
$1,108,293
11%
2022
$15,350
33%
$995,537
36%
2021
$11,563
6%
$730,279
11%
2020
$10,893
40%
$658,797
43%
2019
$7,785
-34%
$460,000
-23%
2018
$11,800
—
$596,692
—
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 206 Co Rd 142
206 County Road 142, Burnet, TX 78611 (MLS# 173421) is a Single Family property with 4 bedrooms and 4 full bathrooms. 206 County Road 142 is currently listed for $1,195,000 and was received on May 19, 2025. Want to learn more about 206 County Road 142? 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.

