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Opportunity and flexibility come together in this Hoover Valley property, situated on a spacious half-acre double lot that stretches street to street in a quiet Lake LBJ neighborhood. In addition to the main home, the property features a separate structure with the shell already in place for a future guest house, its own water meter, electricity in place, and a recently replaced roof. The interior is ready for the next owner to finish out and make it their own. With an attractive price point and exceptionally low tax rate, this property offers plenty of value and possibilities. Investors can explore the potential for two rental income streams, while the layout also lends itself well to multigenerational living, extended family and guests, or an affordable Lake LBJ getaway with extra space. Hoover Valley residents enjoy access to a neighborhood park on Lake LBJ, all while being within easy reach of some of the best of the Highland Lakes, including Inks Lake State Park, Longhorn Cavern State Park, local wineries, Burnet, and Marble Falls. Whether you’re looking for a full-time home, investment opportunity, or a Hill Country lake getaway, this property offers space, flexibility, and plenty of potential at an attractive price point.

3 Beds ⋅ 1 Baths ⋅ 1568870 MLS

Opportunity and flexibility come together in this Hoover Valley property, situated on a spacious half-acre double lot that stretches street to street in a quiet Lake LBJ neighborhood. In addition to the main home, the property features a separate structure with the shell already in place for a future guest house, its own water meter, electricity in place, and a recently replaced roof. The interior is ready for the next owner to finish out and make it their own. With an attractive price point and exceptionally low tax rate, this property offers plenty of value and possibilities. Investors can explore the potential for two rental income streams, while the layout also lends itself well to multigenerational living, extended family and guests, or an affordable Lake LBJ getaway with extra space. Hoover Valley residents enjoy access to a neighborhood park on Lake LBJ, all while being within easy reach of some of the best of the Highland Lakes, including Inks Lake State Park, Longhorn Cavern State Park, local wineries, Burnet, and Marble Falls. Whether you’re looking for a full-time home, investment opportunity, or a Hill Country lake getaway, this property offers space, flexibility, and plenty of potential at an attractive price point.

212 N River Oaks Dr, Burnet

Listing courtesy of Landmasters Real Estate. Contact: (325) 388-4531

$290,000

Solid Fixer-Upper - located directly behind (contiguous) the Dollar General on Hwy 71 approx 7 miles West of Bastrop, and 15 mile to ABIA. Owner has formal Plumbing, Foundation, and Roof estimates from reputable subcontractors. Asking Price calculation was determined by taking the current market value and deducting the formal repair estimates received by the foundation, plumbing, and roof subcontractors. Detached Garage with shop. Additional stand alone Workshop behind garage has exhaust system with very large industrial exhaust fan. - Other misc repairs needed; need new Elec. HWH, Stand Alone Shop is 530/SF Has window unit that works. Detached Garage with shop/storage area is 912/SF + 260/sf, all on good slabs. Home SF is 2,345, +912+260+530 = 4,047 total sq/ft improvements. Property has existing 3 PHASE POWER. High probability best and highest use for this property is Commercial, but last "use" was single family on tax roll. There is no zoning in the county. ----- All legal work in order with the sellers, and ready for a quick Close!

3 Beds ⋅ 2 Baths ⋅ 8408791 MLS

Solid Fixer-Upper - located directly behind (contiguous) the Dollar General on Hwy 71 approx 7 miles West of Bastrop, and 15 mile to ABIA. Owner has formal Plumbing, Foundation, and Roof estimates from reputable subcontractors. Asking Price calculation was determined by taking the current market value and deducting the formal repair estimates received by the foundation, plumbing, and roof subcontractors. Detached Garage with shop. Additional stand alone Workshop behind garage has exhaust system with very large industrial exhaust fan. - Other misc repairs needed; need new Elec. HWH, Stand Alone Shop is 530/SF Has window unit that works. Detached Garage with shop/storage area is 912/SF + 260/sf, all on good slabs. Home SF is 2,345, +912+260+530 = 4,047 total sq/ft improvements. Property has existing 3 PHASE POWER. High probability best and highest use for this property is Commercial, but last "use" was single family on tax roll. There is no zoning in the county. ----- All legal work in order with the sellers, and ready for a quick Close!

123 River Oaks Dr, Cedar Creek

Listing courtesy of Bridges Real Estate Group. Contact: (512) 922-2362

$299,000

Tucked away in the quiet Hoover Valley community, this charming 3-bedroom, 1-bath home sits on a spacious fenced 0.67-acre lot offering room to spread out, relax, and enjoy the Hill Country lifestyle. With approximately 1,380 square feet, the home provides a comfortable layout along with plenty of outdoor space for hobbies, storage, or entertaining. The oversized lot stretches street-to-street, providing excellent access, additional flexibility, and a more open feel than many neighboring properties. Enjoy peaceful mornings and relaxing evenings from the screened-in back porch — the perfect spot for coffee while taking in the serene setting. The property also features a large garage/carport outbuilding with power, plus an additional metal storage building also equipped with electricity, ideal for a workshop, storage, or recreational gear. Residents enjoy access to a neighborhood park with access to Lake LBJ, making it easy to enjoy boating, fishing, and everything lake life has to offer. Located in an area known for its low tax rate, this property offers an even more attractive opportunity for full-time living, a weekend getaway, or investment potential near the water. Peaceful country living, useful improvements, and lake-area convenience all come together in this Hoover Valley property.

3 Beds ⋅ 1 Baths ⋅ 3605194 MLS

Tucked away in the quiet Hoover Valley community, this charming 3-bedroom, 1-bath home sits on a spacious fenced 0.67-acre lot offering room to spread out, relax, and enjoy the Hill Country lifestyle. With approximately 1,380 square feet, the home provides a comfortable layout along with plenty of outdoor space for hobbies, storage, or entertaining. The oversized lot stretches street-to-street, providing excellent access, additional flexibility, and a more open feel than many neighboring properties. Enjoy peaceful mornings and relaxing evenings from the screened-in back porch — the perfect spot for coffee while taking in the serene setting. The property also features a large garage/carport outbuilding with power, plus an additional metal storage building also equipped with electricity, ideal for a workshop, storage, or recreational gear. Residents enjoy access to a neighborhood park with access to Lake LBJ, making it easy to enjoy boating, fishing, and everything lake life has to offer. Located in an area known for its low tax rate, this property offers an even more attractive opportunity for full-time living, a weekend getaway, or investment potential near the water. Peaceful country living, useful improvements, and lake-area convenience all come together in this Hoover Valley property.

210 N River Oaks Dr, Burnet

Listing courtesy of All City Real Estate Ltd. Co. Contact: (325) 423-4073

$339,000

Charming home on a spacious corner lot in River Oaks, just one block from Lake LBJ's controlled-level waters! This 3-bedroom, 2-bathgem offers flexible living with an office that could be a fourth bedroom and two bonus rooms for media, hobbies, or guests. The main level includes the primary suite, a cozy pocket-door office, and a larger living room, with another bedroom and bonus space upstairs. Enjoy a fully fenced backyard with a covered patio and storage unit. A short stroll takes you to the boat ramp and lakeside HOA park, with Heart of Texas Resort, Inks Lake State Park, Perisso’s Winery, and Longhorn Caverns just minutes away. Experience lake living without waterfront taxes!

3 Beds ⋅ 2 Baths ⋅ 4489630 MLS

Charming home on a spacious corner lot in River Oaks, just one block from Lake LBJ's controlled-level waters! This 3-bedroom, 2-bathgem offers flexible living with an office that could be a fourth bedroom and two bonus rooms for media, hobbies, or guests. The main level includes the primary suite, a cozy pocket-door office, and a larger living room, with another bedroom and bonus space upstairs. Enjoy a fully fenced backyard with a covered patio and storage unit. A short stroll takes you to the boat ramp and lakeside HOA park, with Heart of Texas Resort, Inks Lake State Park, Perisso’s Winery, and Longhorn Caverns just minutes away. Experience lake living without waterfront taxes!

400 N River Oaks Dr, Burnet

Listing courtesy of Horseshoe Bay Living 2, LLC. Contact: (512) 550-3624