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3721 Lakeview Dr Cottonwood Shores, TX $ 995,000
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$ 995,000 Get more info
3721 Lakeview Dr
$ 995,000
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Share Save

3721 Lakeview Dr

Cottonwood Shores, TX, 78657
$ 995,000
Bedrooms3 Baths2.1 Sq 2,217

Monthly Estimate*

$ 6,872

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Single Family Home for sale in Cottonwood Shores, TX

for $995,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,217 square foot home was built in 1982 on a lot size of 1.5.

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. Currently operating as a newer short-term rental, the property has generated approximately $40,000 in 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. Waterfront living, acreage, privacy, and proven income, all in one turnkey package.

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Single Family Active

Price

$ 995,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 11,443

Style

Single Family Residence

Lot Size

1.5

Year Built

1982

Town/City

Cottonwood Shores

County/Region

Burnet

MLS | Web ID

6789040
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 N
Property Type Residential
HOA N
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 N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 665000
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Interior
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
Total Baths 3
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Exterior
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 Y
Covered Spaces 3
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 3721
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* Excluded Features
List By
Rachel Windley

Listing Agent

Lpt Realty, Llc

Broker

rachelwindley@gmail.com

Email

Affordability Calculator

$7,826
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,872
Monthly Property Taxes
$954
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4360437 Elementary School
4360199 Middle School
Marble Falls High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$995,000 -8.63% Price Down
8/31/2026$1,089,000 -0.55% Price Down
7/27/2026$1,095,000 -4.70% Price Down
5/18/2026$1,149,000 Listed Price

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3721 Lakeview Dr, Cottonwood Shores, TX, 78657 is a Single Family Home for sale at $995,000 with 2,217 sqft and a lot size of 1.5. 3721 Lakeview Dr has 3 bedrooms, 2.1 baths, and was built in 1982. The property's zip code is 78657 which is in Cottonwood Shores, TX

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