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$3,900,000

118 Mountain View Cir, Burnet, TX, 78611

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,677 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$686.98 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesOven, Bar Fridge, Built-In Electric Oven, Built-In Freezer, Built-In Gas Range, Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Dryer, ENERGY STAR Qualified Water Heater, Exhaust Fan, Freezer, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Warming Drawer, Electric Water Heater, Tankless Water Heater, Wine Cooler, Wine Refrigerator
FlooringCarpet, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Dock, Balcony, Barbecue, Boat Slip, Uncovered Courtyard, Electric Grill, Gas Grill, Lighting, Private Entrance, Private Yard

Building Information

Year Built2003
Garage Spaces4

Land Information

APN7639
Lot Number25,26
SubdivisionBuena Vista
Land UseResidential
Legal DescriptionS3500 BUENA VISTA LOT 25,26,& 27 AND 0.13 AC ABST 532
Census Tract960401
Assessed Land Value$1,640,250
Assessed Improvement Value$2,855,372
Assessment Year2025

About this property

Welcome to 118 Mountain View Circle! This remarkable custom estate, designed by the esteemed architect Sinclair Black, epitomizes architectural brilliance in the heart of The Highland Lakes. Set on well over two acres, this extraordinary property boasts over 300 feet of serene Inks Lake open waterfront, offering uninterrupted, panoramic views of the picturesque Hill Country. A majestic entrance, flanked by a striking stone wall, ushers you through a lush circular drive surrounding towering cypress trees. To the left, a meticulously appointed guest residence awaits, featuring soaring cathedral wood ceilings, a gourmet kitchen, luxurious bath with heated floors, and a charming courtyard with a tranquil fountain. Beyond lies a professional-grade shop with ample storage and greenhouse with climate control and rain-catch irrigation. The main estate is a vision of elegance, with a grand stone-columned entrance leading into a spectacular foyer adorned with eastern aromatic cedar cathedral ceilings, hand-cut limestone walls, and custom wood cabinetry throughout. The state-of-the-art chef’s kitchen is outfitted with Wolf and Sub-Zero appliances, dual islands, double ovens, and enclosed wet bar. The expansive great room has a magnificent stone fireplace and breathtaking lake views. The opulent master suite features a fireplace, screened porch, spa-like bath, and dedicated office. Upper levels include a game/bunk room, two spacious en-suite bedrooms, and a penthouse office with extraordinary panoramic views. ~ Owner financing available upon request ~

Investor Tools

$0Estimated Mortgage Balance
$3,361,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,400 /month
Positive
Cash Flow Estimate:
$7,800 /month

Interested in this property?

Traylon Goolsby

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,330/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,154
$3,226,447
2025
$1,640,250
$2,855,372
$4,495,622
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,154
$3,226,447

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,577,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Burnet

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118 Mountain View Cir | Property Details | No Agent List