This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
$5,900,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
Property Description
Experience luxury Lake LBJ waterfront living on the Colorado Arm in this beautifully updated Fredericksburg-inspired estate. The 3,875 sq ft main home sits on 1.6 acres with approximately 248 feet of waterfront and features 4 bedrooms, 5 baths, a 2-car garage, all-new windows and luxury appliances. The spacious kitchen includes a large butler's pantry with sink, ice maker, dishwasher, microwave, beverage drawers, refrigerator storage, and abundant cabinetry. The owner's retreat offers a large walk-in closet with built-ins, private patio, soaking tub, and oversized walk-in shower. Additional highlights include ensuite guest rooms, upstairs loft, bunkroom, lake-view balcony, office, and laundry room with dual washer/dryer setup and storage. Outdoor amenities include a covered porch, outdoor kitchen, pool, hot tub, and a newly built 75x40 boat dock with 2 slips, storage room, bar/maintenance room, and patio. The property also includes a 2,000 sq ft barndominium with kitchen, full bath, living space, sleeping loft, and two covered porches, plus peach trees, a 1,800 sq ft storage barn, and a serene setting backing to a vineyard.
Full Property Details
Full Property Details for 237 Waters Edge
General
- Price: $5,900,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 178035
- Updated: 5/21/2026
- Added to Site: 8 day(s) ago
Interior
- Rooms/Areas: Family Room, Foyer, Kitchen, Laundry, Study/Office, Utility Room Inside, Main Level Master Bdrm
- Interior Features: Bonus Bath, Breakfast Bar, Split Bedroom, Walk-In Closet(s), No Steps to Entry, Quartz Countertops
- Appliances: Commercial Stove, Dishwasher, Dryer, Disposal, Ice Maker, Microwave, Gas Range, Built-In Refrigerator, Washer, Electric Water Heater
- Flooring: Hard Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Water
- Pool: Yes
- Pool Description: Gunite, In Ground, Private
Exterior
- Exterior Features: Rain Gutters, Sprinkler System
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 2 Car Attached Garage, Side Entry
Location
- County: Burnet
- Subdivision: Ft Mason Cross
- Driving Directions: From Marble Falls take FM 1431 towards Kingsland, take a right on FM 2342, left on CR 119, left on Waters Edge
School Information
- High School District: Burnet
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Style: Traditional, Other, Barndominium
- Construction: Wood Siding, Stone
- Foundation: Slab
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 3,875
- Sq. Ft. Source: County Records
- Living Area: 3,875 Sq. Ft.
- Year Built: 2000
Unit Information
- Residential Units: 2
Lot Features
- Property View: Hill Country, Lake, Panoramic
- Lot Size (Acres): 3.25
- Lot Size (Sq. Ft.): 173,600
- Lot Dimensions: 248 x 689 x 286 x 709
- Frontage: County Road, Paved Road
- Fence: Yes
- Fencing (Description): Partial
Water Features
- Water View: Yes
- Water Front Type: Open Water
- Water Front View: Lake LBJ
- Boat Dock Slip: Yes
Green Features
- Energy Efficient: Zoned
Financial Considerations
- Price Per Sq. Ft.: $1,522.58
- Association Fee: Yes
- Association Fee: $500
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Legal Description: S4580 FT MASON CROSSING LOT 19, 20, 21, 19A, 20A & 21A
- Property ID: 63000
Listed by McAlister Realty, Tara McAlister
Get Pre-Approved Today
Schools
Schools serving 237 Waters Edge
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 12.1 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 11.9 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 12.3 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 237 Waters Edge
Date
Details
Price
Change
Source
5/19/2026
Listed
$5,900,000
—
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 237 Waters Edge
Year
Property Taxes
Change
Tax Assessment
Change
2024
$33,235
—
$2,698,717
—
2023
$33,297
1%
$2,698,717
18%
2022
$32,868
26%
$2,279,487
29%
2021
$26,118
5%
$1,760,664
10%
2020
$24,946
6%
$1,605,903
9%
2019
$23,566
-10%
$1,480,000
-6%
2018
$26,184
—
$1,579,281
—
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 237 Waters Edge
237 Waters Edge, Burnet, TX 78611 (MLS# 178035) is a Single Family property with 4 bedrooms and 5 full bathrooms. 237 Waters Edge is currently listed for $5,900,000 and was received on May 19, 2026. Want to learn more about 237 Waters Edge? 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.

