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Photo 1 of 3: Double lots approximately .50 acres in Castle Terrace subdivision.
Double lots approximately .50 acres in Castle Terrace subdivision.
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Lot 24 & Lot 25 Prince Peak ST, Cottonwood Shores, TX 78657

Castle Terrace · Burnet County

Key Facts

0.50Lot (acres)

Description

Own a beautiful double lot in the quiet Castle Terrace Subdivision of Cottonwood Shores. Combined, the 2 lots total approximately .50 acre and trees, level topography, and exceptional Hill Country charm—an ideal canvas for a home. Castle Terrace subdivision is located across the street from Lake LBJ, the LBJ Marina, and a public beach park, providing easy access to boating, water recreation, and outdoor enjoyment, all while maintaining a peaceful, residential setting. This homesite offers city water, sewer, and electricity available, and is situated in a well-established subdivision with restrictions uploaded to MLS. The setting is quiet and serene, yet close to the lake and amenities. Seller may consider owner financing with approved credit, offering 20–25% down, an attractive 3% interest rate, and a five-year fixed term—a rare and valuable option for qualified buyers. Low tax rate of approximately 1.723%. Build your dream home and enjoy the best of lake living and Hill Country beauty in this exceptional location. Double lots like this are rarely available—don’t miss this opportunity.

Property Information

Property Type

Land

Lot Size

0.50 acres

Lot Dimensions

80 x 145 & 69 x 145

Zoning

Residential

Days on Market

156

MLS® Listing#

1218466

Property Features

Exterior

None

Lot Features

Corner LotLevelViews

Other Structures

None

Community

LakePark

Utilities

Electricity AvailableWater Available

Schools

Elementary:
Marble Falls
Middle:
Marble Falls
High:
Marble Falls

Financial Details

Annual Taxes

$825

Tax year 2025

Assessed Value

$52,000

Parcel Number

9275 & 9276

Directions

From Lake South take HWY 71 to HWY 281 and take a r follow to HWY 2147 and take a L, follow to Castle Terrace (across the street from Lake LBJ Marina) take a L on Castle Terrace which turns into Castle Drive, then R on Princess Path and L on Prince Peak follow to signs property is on the left side.

Affordability Calculator

$25,800

Estimated monthly payment

$687/mo

Principal $103,200 · Est. interest $143,973 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cottonwood Shores, TX

$627,273
Median Listing Price
62
Median Days on Market
2,217
Median Sq Ft
$243
Median Price / Sq Ft
47
Active Listings
  • This home’s price is 79% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cottonwood Shores, TX.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
Lot 33 & Lot 34 Prince Peak ST, Cottonwood Shores, TX$149,500

Moving Cost Estimate

Listing Courtesy: Coldwell Banker Realty - (512) 263-5655

Based on information submitted to the MLS GRID as of 2026-01-25 . 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.

Last Updated: 2026-01-25

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Austin Board Of Realtors. MLS® Listing#1218466. © 2026EXIT Realty®. All rights reserved.