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$2,399,000
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Property Description
Lake Buchanan estate. Tranquility & serenity are your first impressions. The large expanse of water is your next impression.1800 lf waterfront with 2 points for your dream home & 2 coves for swimming & fishing. A gated entrance takes you to a large barndominium & the barn with storage. An abundance of wildlife with room for horses. A totally unique 8.92 AC SUBMERGED when lake is full. The owner needs 45-day lease back after closing.
Full Property Details
Full Property Details for 409 County Road 138 Rd
General
- Price: $2,399,000
- HOA FEE: $5/month
- HOA FEE FREQ.: Annually
- Taxes: $6,763 (2023)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8178907
- Updated: 3/4/2026
- Added to Site: 31 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Ceilings, Laminate Counters, See Remarks, Track Lighting
- Appliances: Propane Cooktop, Stainless Steel Appliance(s), Water Softener
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Other Rooms
- Laundry: Lower Level
Additional Information
- Shared Amenities: Lake
- Security/Safety: See Remarks
Exterior
- Exterior Features: Uncovered Courtyard
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 10
- Covered Spaces: 10
- Total Spaces: 10
- Parking Features: Drive Through
Location
- Area: BU
- County: Burnet
- Subdivision: Bonanza Beach
- Driving Directions: From Burnet Hwy 29 west 3 miles, right on FM 2341 travel 13 miles to CR 138 to end of street - gated entry on left next to the angel.
- Direction Faces: South
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Burnet
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Association: Yes
- Assoc. Name: Bonanza Beach POA
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Propane
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding, Stucco
- Roof: Metal
- Windows: Insulated Windows
- Square Feet: 3,302
- Sq. Ft. Source: Public Records
- Living Area: 3,302 Sq. Ft.
- Year Built: 2006
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Lake
- Lot Size (Acres): 19.09
- Lot Size (Sq. Ft.): 831,560.4
- Fence: Yes
- Lot Features: See Remarks, Views
- Fencing (Description): Barbed Wire
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- Association Fee: $60
- Assoc Fee Freq.: Annually
- Assessment Amount: $516,434
- Tax Amount: $6,763.22
- Tax Year: 2023
- Terms: Cash, Conventional, Fannie Mae, Lender Approval
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: ABS A0214 ISAAC CASNER, TRACT BEING 8.92 AC SUBMERGED, BLOCK BEING 19.09 TOTAL AC, 10.17 ACRES
- Disclosures/Reports: Seller Disclosure
- Property ID: 73467
- Lot Number: Beach lot 2
Listed by Tom G. Wagner
Get Pre-Approved Today
Schools
Schools serving 409 County Road 138 Rd
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 9.8 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 9.4 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 9.5 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 409 County Road 138 Rd
Date
Details
Price
Change
Source
3/04/2026
Listed
$2,399,000
—
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 409 County Road 138 Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,842
-38%
$569,076
3%
2024
$6,243
63%
$551,409
-29%
2023
$3,829
-32%
$772,506
40%
2022
$5,628
—
$553,547
25%
2021
$5,649
—
$444,231
14%
2020
$5,667
—
$388,283
7%
2019
$5,641
-17%
$361,565
1%
2018
$6,770
—
$358,277
—
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 409 County Road 138 Rd
409 County Road 138 Road, Burnet, TX 78611 (MLS# 8178907) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 409 County Road 138 Road is currently listed for $2,399,000 and was received on March 04, 2026. Want to learn more about 409 County Road 138 Road? 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.

