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This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$5,450,000
4 beds6 baths5,875 sqft

237 Waters Edge, Burnet TX 78611

MLS #242759144 · McAlister Realty · Tara McAlister

Residential
Built in 2000
248,689,286,709 sqft Lot
$928/sqft
HOA $500 / annually

About this home

Experience luxury Lake LBJ waterfront living on the Colorado Arm in this beautifully updated Fredericksburg-inspired estate. The 3,875 sq ft main home and 2,000 sq ft Barndominum sit on 3.2 acres with approximately 248 feet of waterfront and features 4 bedrooms, 5 baths, a 2-car garage, all-new windows and luxury appliances in the main house. 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, large infinity edge pool, hot tub, and a newly built 75x40 boat dock with 2 slips, storage room, bar/maintenance room, and patio. The barndominium features a large kitchen, full bath, living space, sleeping loft, and two covered porches, plus peach trees right in your backyard. A bonus feature is the 1,800 sq ft storage barn big enough to hold all your toys, with 3 roll up doors. So many incredible features to this unique property! All this backing up to a local vineyard with amazing Hill Country views.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2000
Full baths
6
Lot size
248X689X286X709
Subdivision
Ft Mason Crossing
MLS area
BU
MLS #
242759144

Features

Interior features

  • Built-in Features
  • Ceiling Fan(s)
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Balcony
  • Boat Dock - Private
  • Boat Lift
  • Gutters Partial
  • Outdoor Grill

Additional details

Parking
Additional Parking, Circular Driveway, Concrete, Direct Access, Driveway, Garage, Garage Faces Side
Garage spaces
2
Roof
Metal
Foundation
Slab
HOA
$500 / annually
Annual tax
$32,874

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Schools

Assigned schools per the MLS.

School district
BurnetCONSISD
Elementary
Burnet
Middle
Burnet (Burnet ISD)
High
Burnet

Market insights

Compared with 248 active homes in ZIP 78611 · HomeLocating listings

Area median price
$399,450
This home vs. median
1264% above
Homes with a price cut
44%

At $5,450,000, this home is priced 1264% above the $399,450 median across 248 active homes in ZIP 78611.

Estimated monthly payment

$32,611/mo
Principal & interest$27,558/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$5,450,000

Down payment

20% ($1,090,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of McAlister Realty · Tara McAlister

Listing data last updated Aug 18, 2026, 11:46 AM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.

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