Rare opportunity to own Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. Currently operating as a newer short-term rental, the property has generated approximately $40,000 in gross rental income over the past six months. Turnkey opportunity! This beautifully maintained single-story home features stunning lake views from every room, an updated kitchen, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. Mature 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. Just minutes from Horseshoe Bay, 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!
Features of 3721 Lakeview Dr
MLS® #
6789040
Price
$995,000
Bedrooms
3
Bathrooms
3.00
Full Baths
2
Half Baths
1
Square Footage
2,217
Acres
1.50
Year Built
1982
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Hills,Lake,Panoramic,River,Lake Marble Falls
Is Waterfront
Yes
Water Body
Lake Marble Falls
Community Information: Cottonwood Shores
Address
3721 Lakeview Dr
Area
BU
Subdivision
Highland Lakes Acres
City
Cottonwood Shores
County
Burnet
State
TX
Zip Code
78657
Amenities of 3721 Lakeview Dr
Utilities
Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Features
Fishing, Lake, Playground, Park, Restaurant, See Remarks
Parking
Attached, Garage, Detached, Oversized, RV Access/Parking, Workshop in Garage
# of Garages
3
Interior of 3721 Lakeview Dr
Interior
Tile, Vinyl, Wood
Appliances
Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
Heating
Central
Fireplace
No
# of Fireplaces
1
Fireplaces
Family Room, Wood Burning
# of Stories
1
Stories
One
Exterior of 3721 Lakeview Dr
Exterior Features
Garden, Private Entrance, RV Hookup
Lot Description
Back Yard, Cleared, Front Yard, Gentle Sloping, Trees Large Size, Views, Garden
Roof
Metal
Construction
Stucco
Foundation
Slab
School Information
District
Marble Falls ISD
Elementary
Colt
Middle
Marble Falls
High
Marble Falls
Additional Information On 3721 Lakeview Dr
Days on Market
138
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $1,089,000 to $995,000
Price Reduced from $1,095,000 to $1,089,000
Price Reduced from $1,149,000 to $1,095,000
The information being provided is 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. Listing Data Provided By: LPT Realty, LLC(281) 939-9748. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 4th, 2026 at 1:00am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.