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Waterfront Resort on Lake LBJ
For Sale
$6,900,000

408 Clen Oak Parkway, Burnet, TX 78611

Established resort offering varied lodging, waterfront recreation, and group accommodations on Lake LBJ.

Property SizeContact for details
Lot Size7.90 Acres
Days on Market1206

Property Features for 408 Clen Oak Parkway

General Information

Standard status Active
Lot size 7.90 Acres
Property subtype General Commercial

Units

Unit Mix 7 x cabin, 9 x 1BR condo, 3 x 2BR condo, 2 x waterfront home
Multifamily Units 21

Amenities

18 hole mini golf course
swimming pool
horseshoe pits
washer pits
volleyball
shuffleboard
swings
picnic spots
day docks
fishing piers
swimming piers
RV park
Central Air, Window/Wall Unit
3
Gravel.

Building Details

Year Built 1993
Listing Agency: Lake Life Team-eXp Realty
Listed By: Bailey Pippenger Heinatz · License #0709555
Source: Xome
Added: May 14, 2023 Changed: Aug 30 Last Checked: Aug 30 at 4:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lake Life Team-eXp Realty

Investment Insights

Based on property information with market context.

Heart of Texas Resort occupies 7.9 acres along Lake LBJ, with around 545 feet of open waterfront. The property includes 7 cabins, 9 one-bedroom condos, 3 two-bedroom condos, 2 waterfront homes, and a lodge designed to sleep 24 people and seat 75. Waterfront improvements include day docks, fishing piers, and swimming piers.

An on-site 21-spot RV park provides 30 & 50 AMP service, septic, water, and TV. Guest-oriented amenities include an 18-hole mini golf course, swimming pool, horseshoe and washer pits, volleyball, shuffleboard, swings, and multiple picnic areas. The resort is located at 408 Clen Oak Parkway in Burnet, Texas, and the improvements date to 1993.

Key Highlights

  • 7.9‑acre resort on Lake LBJ
  • Around 545 feet of open waterfront
  • Lodging includes 7 cabins, 9 one‑bedroom condos, 3 two‑bedroom condos, and 2 waterfront homes

Property Analytics

Current Use

Heart of Texas Lake ... Hotel & Motel

Suggested Use

Top Pick Electrical Service Law Firm Wine and Liquor Store Travel Agency Real Estate Agency Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 78611, TX

14,839
Population
7,417
Households
2
Avg Household Size
47
Median Age
28%
College-Educated
91%
High-School Grad
274.1 sq mi
ZIP Area
54
Density / Sq Mi
$78,243
Median Household Income
$40,062
Median Earnings
$1,111
Median Rent
$291,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Resort - Established resort offering varied lodging, waterfront recreation, and group accommodations on Lake LBJ.
Where is this resort located?
The property is located at 408 Clen Oak Parkway Burnet, TX.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 7.9‑acre resort on Lake LBJ; Around 545 feet of open waterfront; Lodging includes 7 cabins, 9 one‑bedroom condos, 3 two‑bedroom condos, and 2 waterfront homes
More about this property
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