About this home

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.

Facts and features

Schools

• Burnet Middle School

  middle · 6-8 · 10.5 mi

  5

• Rj Richey Elementary School

  elementary · 3-5 · 10.8 mi

  4

• Burnet High School

  high · 9-12 · 10.9 mi

  6

• Burnet Elementary School

  elementary · K-2 · 11.2 mi

• Kingsland School

  elementary · K-12 · 4.9 mi

  5

• Quest High School

  high · 9-12 · 10.5 mi

  1

Price history

• Oct 13, 2026 · Listed$279,000
• Sep 8, 2026 · Listed$279,000
• May 1, 2015 · Sold—
• Mar 23, 2015 · Listing Removed$85,000
• Feb 6, 2015 · Listed$85,000
• Jun 27, 2011 · Sold—
• May 28, 2004 · Sold—

Tax history

• 2026$2,762 tax · $225,121 assessed
• 2025$2,772 tax · $225,121 assessed
• 2024$2,772 tax · $225,121 assessed
• 2023$3,246 tax · $201,115 assessed
• 2022$2,983 tax · $131,976 assessed
• 2021$2,050 tax · $104,948 assessed
• 2020$1,671 tax · $104,948 assessed
• 2019$1,740 tax · $98,455 assessed

Home value

$275,947

• Quantarium$275,947
• Collateral Analytics$164,000
• Cotality$276,400

Where it is