3721 Lakeview Dr

Cottonwood Shores, TX
$ 995,000 Beds 3 Baths 2.5 Sq 2,217
Monthly Estimate* How much can I afford?

Rare Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. This beautifully maintained single-story home features stunning lake views, an updated kitchen, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. Ancient pecan trees, privacy fencing, greenhouse, detached powered workshop, storage building, and full RV hookup provide remarkable flexibility for lake living, entertaining, hobbies, or future expansion. Currently operating as a popular short-term rental, offering attractive income potential. Minutes from Horseshoe Bay Resort, Marble Falls shopping, dining, and area attractions, with easy access to Austin. Seller financing available with competitive terms. An exceptional combination of waterfront living, acreage, privacy, and investment potential!

Active

  • Price
  • $ 995,000
  • City
  • Cottonwood Shores
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • BURNET
  • Half Bathrooms
  • 1
  • Area
  • BU
  • Lot Size
  • 1.5 Acres
  • Zip
  • 78657
  • Sqr Footage
  • 2,217
  • Year Built
  • 1982
  • Taxes
  • $ 11443
  • Style
  • Single Family Residence
  • MLS#
  • 6789040
Listed By: LPT Realty, LLC;
Data Source: Austin Board of REALTORS® (ABOR) as distributed by MLS GRID

Features

General

Living Area 2217
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Cable Available,Electricity Connected,High Speed Internet,Sewer Connected,Water Connected
Roof Metal
Appliances Electric Cooktop,Electric Oven,Stainless Steel Appliance(s)
Garage Spaces 3
Patio/Porch Features Covered,Deck
Pool Features None
Security Features See Remarks,Fire Alarm,Security Fence,Smoke Detector(s)
Construction Materials Stucco
Year Built 1982
View Hill Country,Lake,Panoramic,River
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Lake Front,Waterfront
Community Features See Remarks,Fishing,Lake,Park,Playground,Restaurant
Accessibility See Remarks
County Burnet
New Construction No
Property Type Residential
HOA No
Energy Efficient Appliances,HVAC
Subdivision Name Highland Lakes Acres
Facing Direction East
Green Sustainability None
Other Structures Garage(s),Greenhouse,Shed(s),Storage,Workshop
Full Baths 2
Status Active
Directions From FM 2147,turn right onto Dutch Leming Ln,continue into Cottonwood Shores. Turn right on Lakeview Dr. Home is on the left.
High School Marble Falls
City Cottonwood Shores
Body of Water Lake Marble Falls
Disclosures Seller Disclosure
MLS Area BU
Lot Size Square Feet 65340
Elementary School Colt
Tax Annual Amount 11443.61
Middle/Junior High School Marble Falls
Property Condition Resale
Additional Parcels Y/N No
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 665000

Interior Features

Interior Amenities Ceiling Fan(s),Ceiling-High,Ceiling-Vaulted,Granite Counters,Double Vanity,Kitchen Island,No Interior Steps,Open Floorplan,Primary Bedroom on Main,Study/Home Office,Two Primary Closets,Walk-In Closet
Flooring Tile,Vinyl,Wood
Total Fireplaces 1
Fireplace Features Family Room,Wood Burning
Window Features Skylight(s),Window Coverings
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Owner
Total Baths 3

Exterior Features

Exterior Amenities Garden,Private Entrance,RV Hookup
Fencing Chain Link,Fenced,Front Yard,Privacy
Parking Features Attached,Detached,Garage,Oversized,RV Access/Parking,Workshop in Garage
Lot Features Back Yard,Cleared,Front Yard,Garden,Gentle Sloping,Trees-Large (Over 40 Ft),Views
Water Source Public
Total Parking 6
Foundation Details Slab
Lot Size Acres 1.5
Waterfront Y/N Yes
Covered Spaces 3
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Austin, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Colt Elementary School
Middle School Marble Falls Middle School
High School Marble Falls High School

Price History

5/18/2026 Listed $1,149,000
7/27/2026 5% - $1,095,000
8/31/2026 1% - $1,089,000
9/10/2026 9% - $995,000

Property vs Zip Code Average in 78657

Price
AVG $1.63M
$1,000K
Taxes
AVG $14,338
$11,443
Year Built
AVG 2009
1982
Visits
AVG 147
271
Data Provided by Inside Real Estate®

Areas That We Cover

3721 Lakeview Dr Cottonwood Shores, TX is a Single Family Home for sale at $995000 with 2217 sqft and a lot size of 1.5 Acres Acre(s). 3721 Lakeview Dr Cottonwood Shores has 3 bedrooms, 2 baths and was built in 1982. The property's zip code is 78657 which is in Cottonwood Shores, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.

Your Agent
Kelli Gardner

Kelli Gardner

512-330-9300

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