$350,000

110 Lakewood Dr Burnet, TX 78611

$4,156
Closing credit¹
5 beds
2 full
1,752 sqft
0.4 acres
$200 / sqft
House

Property details

About 110 Lakewood Dr

Welcome to 110 Lakewood in Burnet, Texas—an inviting 5-bedroom, 2-bath home nestled in the heart of the scenic Highland Lakes region. This property is a perfect income-producing opportunity, currently generating around $3k-$4k monthly, or an ideal forever home for someone looking to settle down in a serene environment. This charming residence offers space and comfort, featuring both a cozy living room and a family room, perfect for relaxing or entertaining. The living room boasts a wood-burning fireplace, adding warmth and character, making it the ideal spot to gather during cooler evenings with family and friends. The home includes a dining room, providing a lovely space for family meals and special occasions, making every meal feel warm. In addition to the main house, the property includes a 2-bedroom Barndo with a garage on the bottom level, offering even more potential. The Barndo is already wired and ready for a quick conversion into an Airbnb, requiring minimal additional investment. With $80,000 already poured into it, this property presents an incredible deal for those looking for something turnkey ready. Sold fully equipped and ready to go, it’s perfect for anyone seeking a transition into property ownership or a lucrative rental business. The Barndo also offers flexibility, whether you choose to use it as additional guest accommodations, a home office, or even a creative studio space—the possibilities are endless. Situated just a stone’s throw from the shores of Buchanan Lake, this home’s prime location offers endless opportunities for outdoor activities, including fishing, boating, and enjoying stunning lake views. The nearby lake access makes it easy to embark on water adventures, while the surrounding beauty provides a picturesque backdrop for daily living. With breathtaking surroundings and modern amenities, don’t miss out on this rare find—whether as a peaceful retreat, a family home, or an investment property, this gem won't last!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size1,752 sqft
Lot size0.372 Acres
Year built1970
ParkingDetached, Parking Pad, See Remarks
MLS #7573714
Garage1 space
WaterfrontSee Remarks
FireplaceRaised Hearth, Wood Burning
ViewLake, Neighborhood

Summary

  • MLS Number: 7573714
  • MLS Name: ACTRIS
  • Office Name: eXp Realty, LLC
  • Office Phone: (737) 888-4070
  • Listing Agent: Melanie Suber

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/6/2025, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view at dusk featuring a water view

$350,000

110 Lakewood Dr

$4,156

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$287,108$3,025
2022$200,383$3,013
2021$158,927$2,267
2020$138,464$2,267
2019$138,464$2,320
2018$138,798$2,422
2017$108,990$1,936

History based on county public records data.

Nearby schools

3

R. J. Richey Elementary School

Public District 3-5

11.2 mi

500 E Graves St

4

Packsaddle Elementary School

Public District PK-5

13.9 mi

150 Pioneer Ln

3

Highland Lakes Elementary School

Public District PK-5

16.7 mi

8200 W FM 1431

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,977. The most common annual income of people living in Burnet, TX is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

26%
<35k
55%
35k-100k
20%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

26%
Single, No Kids
6%
Single, with Kids
49%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
47%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 110 Lakewood Dr

This home is located at 110 Lakewood Dr in Burnet, TX and zip code 78611. This 1,752 square foot home, which was built in 1970, sits on a 0.37 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $350,000.

Over 1 listings were sold over their listed price in February 2025 in Burnet, TX. In the same period over 8 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Burnet, TX increased by 3.6% between January and February 2025. The median list price of listings available in February 2025 was $392,500, while the average time on the real estate market was 116 days.

From Rocket Homes Real Estate and based on county public records data.

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