Burnet, TX 78611 206 County Road 142
$1,350,000



35 more




































Presented By: Compass RE Texas, LLC;
Home Details
Lakeside Luxury Compound Meets Hill Country Adventure-
Tucked away in the tranquil Rocky Point subdivision on the shores of Lake Buchanan, this is a rare multi-home waterfront estate that blends laid-back luxury with boundless adventure. Designed for those who crave breathtaking lake views, direct access to the water, and a seamless indoor-outdoor lifestyle, this renovated property is the ultimate retreat for lake lovers, outdoor enthusiasts, and savvy investors.
Spanning two legal lots, this exceptional compound is more than just a home—it’s a destination. Whether you’re seeking a private getaway, a high-performing short-term rental, or an entertainer’s dream estate, this property delivers it all. With two beautifully updated homes, a sprawling outdoor oasis, and a massive garage / game room built to house all of your lake toys, every detail has been designed for maximum comfort, recreation, and convenience- offering the ideal setup for multi-generational living, vacation rental income, or a private lakeside escape with room to host family and friends.
Set on over an acre of prime lakefront land, this property was designed for those who live for the water, the outdoors, and the joy of hosting. The property has an RV and boat garage with multiple bays, RV hook ups, outdoor kitchen, hot tub, playground, and built-in boat ramp with room to add a dock. When the lake is full, the water meets the property’s sandy beach-like setting, perfect for wading, swimming, or launching kayaks.
For those looking to generate passive income, 206 County Road 142 is an investor’s dream in a prime high-demand short-term rental market. Lakeshore Drive is more than a home—it’s a rare offering on one of Texas’ most stunning lakes, designed for those who crave a life of adventure, relaxation, and financial opportunity.
Presented By: Compass RE Texas, LLC;
Interior Features for 206 County Road 142
Bedrooms
Main Level Bedrooms2
Total Bedrooms6
Bathrooms
Half Baths1
Total Baths5
Other Interior Features
LivingAreaSourcePublic Records
Fireplace FeaturesLiving Room, Propane
FlooringTile, Wood
Interior AmenitiesCeiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Chandelier, Stone Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dini
Total Fireplaces1
Window FeaturesWindow Treatments
General for 206 County Road 142
AccessibilityNone
Additional Parcels Y/NNo
AppliancesConvection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer, Water Purifier, Wine Refrigerator
Assoc Fee Paid PerAnnually
Association NameRocky Point
Body of WaterLake Buchanan
CityBurnet
Community FeaturesFishing, Lake
Construction MaterialsBlock, Stone
CoolingCentral Air
CountyBurnet
DirectionsTake Highway 71 West, go North on 281. Continue through Marble Falls to Burnet. Turn left on W. Polk Street (Buchanan Drive). Right on 2341. Go Left on Little Midland Dorbant Road. Take a right on Co
DisclosuresSeller Disclosure
Elementary SchoolBurnet
Energy EfficientNone
Facing DirectionNorthwest
Full Baths4
Garage Spaces4
Green SustainabilityNone
HOAYes
HOA Fee$210
HeatingCentral, Fireplace(s)
High SchoolBurnet
LevelsThree Or More
Lot Size Square Feet35283.6
MLS AreaBU
Middle/Junior High SchoolBurnet (Burnet ISD)
New ConstructionNo
Other StructuresGuest House, Outbuilding, RV/Boat Storage, Second Residence, Shed(s), Storage
Patio/Porch FeaturesCovered, Deck, Porch, Rear Porch
Pool FeaturesNone
Property ConditionUpdated/Remodeled
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
SewerSeptic Tank
Spa FeaturesHot Tub
Standard StatusActive
StatusActive
Subdivision NameRocky Point
Tax Annual Amount14782.41
Tax Assessed Value1108293
Tax Year2024
UtilitiesElectricity Connected, Propane, Water Connected
ViewLake, Panoramic, Rural
Virtual TourClick here
Virtual TourClick here
Waterfront FeaturesLake Front, Waterfront
Waterfront Y/NYes
Year Built1997
Year Built SourcePublic Records
Exterior for 206 County Road 142
Covered Spaces4
Exterior AmenitiesBalcony, Boat Ramp, Rain Gutters, Lighting, Playground, Private Yard, RV Hookup
FencingNone
Foundation DetailsPillar/Post/Pier, Slab
Horse Amenities None
Horse Y/NNo
Lot FeaturesBack Yard, Landscaped, Level, Native Plants, Open Lot, Trees-Medium (20 Ft - 40 Ft), Views
Lot Size Acres0.81
Parking FeaturesAdditional Parking, Attached Carport, Boat, Carport, Door-Multi, Drive Through, Garage, Garage Faces Front, Garage Faces Rear, Garage Faces Side, Lighted, Outside, Oversized, Parking Pad, RV Access/Parking, RV Carp
Total Parking10
Water SourceWell
Additional Details
Price History
Schools
High School
Burnet High School
Middle School
Burnet (Burnet ISD) Middle School
Elementary School
Burnet Elementary School

Kenneth Baskerville
Texas Licensed REALTORS®