Date
Details
Price
Change
Source
5/07/2026
Listed
$449,000
—
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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$449,000
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Property Description
Build Your Lake side Dream Home, Vacation Home or Legacy Home on a spacious 1.37 Acre Waterfront Sanctuary. Nestled within one of the most prestigious, tight-knit gated communities (The Peninsula @ Lake Buchanan) on the lake, this property offers the ultimate blend of privacy, rugged Texas beauty & upscale convenience. It is one of the few spots in the neighborhood where there is a lake view from the front & back of the house (when built.) Discover the perfect canvas for your architectural masterpiece on this sprawling water front lot. . It's not just a "lot." It's 1.3+ acres of Natural Central Texas beauty combining natural stone, old-growth trees & native plants/wildflowers that lead straight into the water. Most lake lots feel like you're on top of your neighbors, but here? You actually have room to breathe. Boasting an expansive footprint, this property features stunning natural rock outcroppings and a gentle slope toward the pristine waters of Lake Buchanan. Whether you envision a modern glass retreat or a classic Hill Country estate, the generous lot provides ample room for a sprawling floor plan, outdoor living oasis and breathtaking views. Water is included in the HOA (provided by the community water processing plant.) The Private Marina and Boat Launch are moments from your future front door allowing you to enjoy seamless lake access and a dedicated boat slip. You don't have to deal with public ramp chaos, your private launch is close by. Don't wait. Water front opportunities of this size, in a gated enclave, do not come along often. Come see the vision for yourself! Stand on the rocks at sunset, looking at the still water of the lake, with a cold drink... it's the quietest, most peaceful thing you'll ever experience.
Full Property Details
Full Property Details for 308 Peninsula Dr
General
- Price: $449,000
- HOA FEE: $200/month
- HOA FEE FREQ.: Annually
- Taxes: $3,926 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 8171972
- Updated: 5/11/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: High Speed Internet
Additional Information
- Shared Amenities: Common Grounds/Area, Community Mailbox, Gated, Internet Access, Lake, Planned Social Activities
- Security/Safety: Controlled Access
Location
- Area: BU
- County: Burnet
- Subdivision: Peninsula On Lake Buchanan
- Driving Directions: From Hwy 29, turn North on 690. (Buchanan General Store on the Corner). Follow to Peninsula Entrance on left side of road. Go thru gate, follow road up the hill. Lot is on the left. There is a sign on the property.
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: RJ Richey
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: The Peninsula @ Lake Buchanan
- Assoc. Fees Include: Common Area Maintenance, Water
Utilities
- Sewer: Septic Needed
- Water: Private
- Utility Description: Electricity Available, Water Available, Underground Utilities
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Lake, Marina, Water
- Lot Size (Acres): 1.37
- Lot Size (Sq. Ft.): 59,677.2
- Lot Features: Gentle Sloping, Native Plants, Few Trees, Views
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Front, Lake Privileges, Waterfront
- Lake Front: Yes
Financial Considerations
- Association Fee: $2,400
- Assoc Fee Freq.: Annually
- Assessment Amount: $300,000
- Tax Amount: $3,926.4
- Tax Year: 2025
- Terms: Cash, Conventional, Texas Vet, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Survey
- Legal Description: S7081 PENINSULA ON LAKE BUCHANAN LOT 66
- Disclosures/Reports: See Remarks
- Property ID: 82178
- Lot Number: 66
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 308 Peninsula Dr
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 10.1 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 9.7 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 9.9 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 308 Peninsula Dr
Tax History
Tax History for 308 Peninsula Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,994
—
$300,000
—
2023
$4,001
16%
$300,000
34%
2022
$3,464
-3%
$224,680
—
2021
$3,558
41%
$224,680
47%
2020
$2,530
-17%
$153,000
-15%
2019
$3,046
-4%
$180,000
—
2018
$3,164
—
$180,000
—
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 308 Peninsula Dr
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- Farm Single-Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
308 Peninsula Drive, Burnet, TX 78611 (MLS# 8171972) is a Lots/Land property with a lot size of 1.37 acres. 308 Peninsula Drive is currently listed for $449,000 and was received on May 07, 2026. This property is listed by Trina Rivera from our Northwest Austin Office.Want to learn more about 308 Peninsula Drive? 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.