About This Home
Opportunity and flexibility come together in this Hoover Valley property, situated on a spacious half-acre double lot that stretches street to street in a quiet Lake LBJ neighborhood. In addition to the main home, the property features a separate structure with the shell already in place for a future guest house, its own water meter, electricity in place, and a recently replaced roof. The interior is ready for the next owner to finish out and make it their own. With an attractive price point and exceptionally low tax rate, this property offers plenty of value and possibilities. Investors can explore the potential for two rental income streams, while the layout also lends itself well to multigenerational living, extended family and guests, or an affordable Lake LBJ getaway with extra space. Hoover Valley residents enjoy access to a neighborhood park on Lake LBJ, all while being within easy reach of some of the best of the Highland Lakes, including Inks Lake State Park, Longhorn Cavern State Park, local wineries, Burnet, and Marble Falls. Whether you’re looking for a full-time home, investment opportunity, or a Hill Country lake getaway, this property offers space, flexibility, and plenty of potential at an attractive price point.
At $243/sqft, this home is 25% below the Burnet active market average of $323/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →
Property Details
Have Questions About This Property?
Luke Allen (TREC #788149) has deep knowledge of Burnet and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.
Schedule a Call →