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- Description
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$995,000
Monthly Est:$4,952
3 Beds
- 3 Baths
2 full baths + 1 half bath
2,217sqft
3721 Lakeview Dr, Cottonwood Shores, TX 78657
$995,000
$4,952/moEst:
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Single Family Residence
Built in 1982
$-- HOA
1.5 acres lot
$449/sq.ft
Description
Newly priced at $995K with seller financing available! Exceptional opportunity to own Lake Marble Falls waterfront on approximately 1.5 acres with ~100 feet of constant-level shoreline and no HOA. Properties like this rarely come to market, and almost never with income already in place. Operating as an Airbnb Guest Favorite short-term rental, this turnkey lake retreat has generated approximately $40,000 in rental income over the past six months as a newer STR. This beautifully maintained single-story home features stunning lake views from every room, modern upgrades throughout, open-concept living, dedicated waterfront office, and expansive deck perfect for enjoying spectacular sunsets and morning coffee. The grounds make this more than a house. Mature pecan trees, privacy fencing, greenhouse, detached powered workshop, storage building, and full RV hookup provide remarkable flexibility for lake living, entertaining, hobbies, or future expansion. Just minutes from Horseshoe Bay, Marble Falls shopping, dining, and area attractions, with easy access to Austin. Waterfront living, acreage, privacy, and proven income, all in one turnkey package.
- Houzeo last checked: 26 minutes ago
- Listing updated: October 30, 2026 at 6:25 pm
- Listing Provided by: Rachel Windley (281) 939-9748 | LPT Realty, LLC (877) 366-2213
- Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 6789040

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1982
HOA Fees
-
Finished Area
2,217 sqft
Lot Size
1.5 acres lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
6789040
MLS Status
Active
Days on Market
167

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Primary Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Interior
Window Features
Skylight(s), Window Coverings
Sewer
Public Sewer
Exterior Features
Garden, Private Entrance, Rv Hookup
Flooring
Tile, Vinyl, Wood
Heating
Central
Appliances
Electric Cooktop, Electric Oven, Stainless Steel Appliance(s)
Cooling
Ceiling Fan(s), Central Air, Electric
Interior Features
Ceiling Fan(s), Ceiling High, Ceiling Vaulted, Granite Counters, Double Vanity, Kitchen Island, No Interior Steps, Open Floorplan, Primary Bedroom On Main, Study/home Office, Two Primary Closets, Walk In Closet(s)
Construction
Year Built
Year Built: 1982
Home type
Single Family Residence
Roof
Metal
Foundation Details
Slab
Property Condition
Resale
Construction Materials
Stucco
Utilities & Energy
Fireplace Features
Family Room, Wood Burning
Security Features
See Remarks, Fire Alarm, Security Fence, Smoke Detector(s)
Parking Features
Attached, Detached, Garage, Oversized, Rv Access/parking, Workshop In Garage
Water Source
Public
Utilities
Cable Available, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
Pool Features
None
Other Features
Disclosures
Seller Disclosure
Subdivision Name
Highland Lakes Acres
Lot Features
Back Yard, Cleared, Front Yard, Garden, Gentle Sloping, Trees Large (over 40 Ft), Views
Patio And Porch Features
Covered, Deck
Community Features
See Remarks, Fishing, Lake, Park, Playground, Restaurant
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Price Decreased | $995,000 -9.13% $449/sqft |
07/27/2026 Source: | Listed for Sale | $1,095,000 $494/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Nov 02, 2026, 01:45PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.
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