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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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3721 Lakeview Dr , Cottonwood Shores, TX 78657
$995,000
Est. Payment: $5,418.25/mo
3 Bed
3 Bath
2217 Sqft
1.5 Acres
Status: active | Days on site: 155
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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

Newly priced at $995K with seller financing available! Exceptional opportunity to own Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. Properties like this rarely come to market, and almost never with income already in place. Operating as an Airbnb Guest Favorite short-term rental, this turnkey lake retreat has generated approximately $40,000 in rental income over the past six months as a newer STR. This beautifully maintained single-story home features stunning lake views from every room, modern upgrades throughout, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. The grounds make this more than a house. 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. Waterfront living, acreage, privacy, and proven income, all in one turnkey package.

Highlights

Listed by Rachel Windley , (281) 939-9748 LPT Realty, LLC , (877) 366-2213. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
1.5

Year Built

1982

County

Burnet

Area

BU

Neighborhood

Highland Lakes Acres

School District

Marble Falls ISD

Listing ID

6789040

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Cooktop, Electric Oven, Stainless Steel Appliance(s)
Floor:Tile,Vinyl,Wood
Other:
  • ▪ Additional:Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Main Level Primary, Multiple Closets, No Interior Steps, Open Floorplan, Study, Vaulted Ceiling(s), Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Back Yard,Cleared,Front Yard,Garden,Gentle Sloping,Trees Large Size,Views
Roof:Metal
Others:
  • ▪ Additional:Garden, Private Entrance, RV Hookup, Resale
Sewer:Public Sewer
Parking Features:Attached,Detached,Garage,Oversized,RV Access/Parking,Workshop in Garage
Principal Interest
$5,418
Taxes
$954

Home Price

$995,000

Loan Details

30 yrs
7.228%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,418.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,418.25 $953.63 $0.00 $6,371.88
Yearly $65,019.00 $11,443.61 $0.00 $76,462.61
Total $1,950,570.12 $343,308.30 $0.00 $2,293,878.42

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

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Market insight data is pulled from the same city as the listing being viewed (Cottonwood Shores, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-23T23:26:27.000Z

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