#3170139, Greg Gaynor, Listing Office: Fokus Waterfront
1940 Bluebonnet Ln Kingsland, TX 78639
Property details
About 1940 Bluebonnet Ln
Welcome to one of the most impressive waterfront properties on Lake LBJ—where timeless design, rare frontage, and elevated amenities come together to create the ultimate lakefront retreat! Originally built in 1969 and completely reimagined for modern living, this Mediterranean-style home offers 4,278 sf of updated, high-end interiors, 6 spacious bedrooms and 5.5 baths—perfect for large families or groups looking to enjoy the lake in style. With 87' of open, southeast-facing frontage, a resort-style heated pool, and short-term rental eligibility, this property delivers both lifestyle and investment potential. What sets this home apart from others on the market isn’t just the size or the views—it’s the seamless integration of fun, function, and luxury. The downstairs great room is an entertainer’s dream, featuring a full bar, cozy fireplace, and dart board—a chic, inviting space to relax after a day on the water. Step outside to the showstopping concrete and steel boat house, built in 2021. With two boat slips, two jet ski lifts, and a massive upper-level lounge deck complete with a shaded cabana, you’ll have one of the best setups on Lake LBJ. Additional features include: - Full-size heated resort style pool - Wall of windows that showcase the incredible lake views - Incredible lakeside yard perfect for games and pets If you’re comparing lake homes, you’ll quickly realize: not all waterfront is created equal. This one is truly exceptional—rare size, rare frontage, and a lifestyle most only dream about!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 5
- Appliances: Oven, Dryer, Dishwasher, Electric Water Heater, Induction Cooktop, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer
- Flooring Type: Carpet, Tile
- Interior: Wet Bar, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Interior Steps, Multiple Living Areas, Multiple Dining Areas, Recessed Lighting, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Family Room, Gas Log
- Total Bedroom Count: 6
- Garage Space: 3 spaces
- Private Pool: Yes
- Parking: Carport, Detached, Garage, Electric Vehicle Charging Station(s)
- Waterfront: Lake Front, Waterfront, Boat Ramp, Boat Lift
- View: Hills, Lake, Panoramic
- Exterior: Boat Lift, Balcony, Private Yard
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $2,567,000
- Price/SqFt: $600
- Annual Tax Amount: $22,536
- Tax Year: 2023
- Lot: Sprinklers In Rear, Sprinklers In Front
- Directions: RR 1431 to FM 2900 turn right onto River Oaks, left on Bluebonnet Lane, house will be first house on the right.
- Year Built: 1969
- Stories: 2
- Living Area: 4,278 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 3804950
- MLS Name: ACTRIS
- Office Name: Fokus Waterfront
- Office Phone: (512) 627-3779
- Listing Agent: Greg Gaynor
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.
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Last updated on: 4/29/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,567,000
1940 Bluebonnet Ln
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,790,181 | $22,536 |
2022 | $1,412,973 | $23,966 |
2021 | $1,514,920 | $20,507 |
2020 | $1,340,390 | $20,507 |
2019 | $1,321,790 | $21,427 |
2018 | $1,420,720 | $23,633 |
2017 | $1,195,770 | $20,197 |
History based on county public records data.
Nearby schools
4
Packsaddle Elementary School
Public District PK-5
0.9 mi
•150 Pioneer Ln
3
Highland Lakes Elementary School
Public District PK-5
5.5 mi
•8200 W FM 1431
3
Marble Falls Elementary School
Public District PK-5
10.8 mi
•901 Avenue U
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,694. Residents of Kingsland, TX typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1940 Bluebonnet Ln
The listing price of 1940 Bluebonnet Ln property is $2,567,000.
The property 1940 Bluebonnet Ln is a house located in Kingsland, Texas, 78639.
Active Listing: 1940 Bluebonnet Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1940 Bluebonnet Ln are: Packsaddle Elementary School (GreatSchools Rating 4/10), Highland Lakes Elementary School (GreatSchools Rating 3/10), Marble Falls Elementary School (GreatSchools Rating 3/10), Marble Falls Middle School (GreatSchools Rating 4/10), Llano Junior High School (GreatSchools Rating 6/10), Burnet Middle School (GreatSchools Rating 4/10), Kingsland School (GreatSchools Rating 7/10), Falls Career High School (GreatSchools Rating 2/10), Marble Falls High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $22,536 (source: MLS/based on county public records data).
The property at 1940 Bluebonnet Ln has 6 bedrooms and 5 full and 1 half bathrooms.
The property 1940 Bluebonnet Ln is 4,278 SqFt (source: MLS/tax record).
The year of construction for 1940 Bluebonnet Ln is 1969.
This home is located at 1940 Bluebonnet Ln in Kingsland, TX and zip code 78639. This 4,278 square foot home, which was built in 1969, sits on a 0.50 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $2,567,000.
While more than 1 listings in Kingsland, TX in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Kingsland, TX increased by 27.8% between February and March 2025. The median list price of listings available in March 2025 was $815,000, while the average time on the real estate market was 167 days.