** Lake LBJ Luxury Retreat with Proven $200K+ Annual Rental Income ** Welcome to an extraordinary waterfront estate on 70 FT of open water in a prime location. This expansive property offers four years of documented rental history averaging $207,000 annually. This is not speculation. This is a proven income. Spanning 4,907 square feet, this high-quality custom built home was designed for both entertaining and investment performance. With 5 spacious bedrooms, 5 ensuite bathrooms, 2 half baths, and a dedicated game room, the home comfortably sleeps 22 guests, making it ideal for family reunions, corporate retreats, weddings, and lakefront events. Situated on a private, level 0.667-acre lot, the property offers pristine lake and natural beauty. There are no homes across from you, this home is situated on the widest part of the lake overlooking gorgeous nature views. You can kayak or paddle board directly to the island. Experience ultimate fun in the sun from the Super Dock, which includes: slide into the lake, rope swing, two boat lifts, two jet ski lifts, covered upper deck, storage, and built-in lake jumping platform. Resort-Style Outdoor Living: expansive covered patios with three garage-style doors opening toward the pool and lake. Two covered balconies with built-in grill. Gorgeous heated pool and hot tub, Private basketball court, along with abundant seating for entertaining large groups. Tesla charging unit for convenient EV access and you are walking distance to Wake Point. This property delivers lifestyle and income in one exceptional package.
Property Type(s):
Single Family
|
Last Updated
|
3/12/2026
|
Tract
|
Campa Pajama
|
|
Year Built
|
2020
|
Community
|
Campa Pajama
|
|
Garage Spaces
|
4.0
|
County
|
Burnet
|
SCHOOLS
| Elementary School |
Marble Falls |
| Jr. High School |
Marble Falls |
| High School |
Marble Falls |
Additional Details
| AIR |
Ceiling Fan(s), Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Free-Standing Refrigerator, Gas Range, Stainless Steel Appliance(s) |
| AREA |
BU |
| CONSTRUCTION |
See Remarks |
| EXTERIOR |
Balcony, Barbecue, Dock, Outdoor Grill, Private Yard |
| GARAGE |
Yes |
| HEAT |
Central |
| INTERIOR |
Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Elevator, Kitchen Island, Master Downstairs, Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| LOT |
0.667 acre(s) |
| LOT DESCRIPTION |
Few Trees, Level, Waterfront |
| LOT DIMENSIONS |
70 x 415 |
| PARKING |
Additional Parking, Concrete, Oversized |
| POOL |
Yes |
| POOL DESCRIPTION |
Heated, In Ground, Private |
| STORIES |
3+ |
| SUBDIVISION |
Campa Pajama |
| TAXES |
49012.2 |
| UTILITIES |
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Lake, Panoramic, River, Water |
| WATER |
Public |
| WATER ACCESS |
Lake LBJ |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
Lake Front, River Front, Waterfront |
Location
Property listed by Jake Panko, StepStone Realty LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/15/26 9:53 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
This IDX solution is (c) Diverse Solutions 2026.
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