3721 Lakeview DR, Cottonwood Shores, TX 78657

• 3 beds |
• 3 baths |
• 2,217 sqft

Property 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. 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.

Listing Status:

Active

Data Last Updated:

October 13, 2026 at 5:18PM

Listing Office:

LPT Realty, LLC : (877) 366-2213

Listing Agent:

Rachel Windley : (281) 939-9748

MLS ID:

6789040

Interior

• General: Ceiling Fan(s)Ceiling-HighCeiling-VaultedGranite CountersDouble VanityKitchen IslandNo Interior StepsOpen FloorplanPrimary Bedroom on MainStudy/Home OfficeTwo Primary ClosetsWalk-In Closet(s)
• Appliances: Electric CooktopElectric OvenStainless Steel Appliance(s)
• Laundry: InsideMain Level
• Flooring: TileVinylWood
• A/C: Ceiling Fan(s)Central AirElectric
• Heating: Central
• Fireplace: Family RoomWood BurningFireplaces: 1
• Eco/Green Feature: NoneAppliancesHVAC

Exterior

• General: GardenPrivate EntranceRV Hookup
• Other Structures: Garage(s)GreenhouseShed(s)StorageWorkshopDeckCovered
• Pool: None
• Parking: AttachedDetachedGarageOversizedRV Access/ParkingWorkshop in GarageParking spaces: 6

Construction

• Roofing: Metal
• Windows: Skylight(s)Window Coverings
• General: OneSlab

Location

• HOA Amenities: See RemarksFishingLakeParkPlaygroundRestaurant
• Originating MLS: actris
• School District: Marble Falls ISD
• County: Burnet

Lot

• Zoning: S5206 HIGHLAND LAKES ACRES LOT 1019430
• View: Hill CountryLakePanoramicRiver
• Fencing: Chain LinkFencedFront YardPrivacy

Utilities

• Utilities: Cable AvailableElectricity ConnectedHigh Speed InternetSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris