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7400 Park Rd #4, Burnet, TX, 78611

7beds
8baths
14,000sqft
$9,000,000
$643price/sqft
$60,145/moest. monthly cost
$2,405,800/yrincome needed

About This Home

Falkenstein Castle — Burnet, Texas Inspired by the romantic castles of Bavaria and nestled atop 110 acres in the Texas Hill Country, Falkenstein Castle is a breathtaking private estate and architectural masterpiece. This distinct 14,000+/- sqft stone castle features 7 bedrooms, 4 full and 4 half baths, 6 charming tiny homes, and an additional apartment above a maintenance garage—offering versatility for a luxury residence, event venue, or exceptional investment. With panoramic hilltop views of the Highland Lakes, unmatched privacy, and timeless European design, Falkenstein Castle is one of Texas’ most iconic properties and a rare opportunity to own the crown jewel of the Texas Hill Country.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

3/10
4/10
Burnet Middle SchoolGrades 6-89.2 mi
6/10
Burnet High SchoolGrades 9-129.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1998

Materials

  • Foundation: Slab
  • Roof: Flat Tile

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Electric Cooktop,Microwave,Electric Oven,Double Oven,Refrigerator,Stainless Steel Appliance(s),Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • Breakfast Bar,Beamed Ceilings,High Ceilings,Vaulted Ceiling(s),Chandelier,Granite Counters,Electric Dryer Hookup,Interior Steps,Kitchen Island,Pantry,Recessed Lighting,Washer Hookup
  • Window features: Insulated Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Living Room,Recreation Room

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 14,000 sqft

Kitchen

  • Features: Kitchn - Breakfast Area,Granite Counters,Eat-in Kitchen,High Ceilings,Pantry,Recessed Lighting
  • Level: Main

Primary Bathroom

  • Features: Granite Counters,Full Bath,High Ceilings,Recessed Lighting,Soaking Tub
  • Level: Second

Primary Bedroom

  • Features: Beamed Ceilings,High Ceilings,Recessed Lighting
  • Level: Second

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 47778
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Covered,Porch
  • Exterior features: Balcony,Uncovered Courtyard,Private Entrance
  • Fencing: Masonry, Partial
  • Has view: Yes
  • View description: Hill Country,Lake,Panoramic,Trees/Woods
  • Has water view: Yes
  • Water view: Lake
  • Waterfront features: None

Lot

  • Lot size: 110 Acres
  • Features: Level,Native Plants,Private,Trees-Heavy,Views

Parking

  • Total spaces: 4
  • Parking features: Common,Garage,Gravel,Off Street,Open
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $45,508$546,096
Home Insurance *$6,051$72,612
Property Taxes $7,049$84,588
Electricity $1,537$18,447
Total$60,145$721,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,062,114/yr
40% on housing$1,804,350/yr
45% on housing$1,603,866/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$643This listing

vs Other Active Listings

Avg $/sqft

ZIP 78611$269
Burnet County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 78611
Burnet County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Price change$9,000,000
2025-08-28Price change$14,000,000
2025-05-15Listed for sale$15,000,000

For Sale by Agent

AgentKale Stephens
BrokerageHorseshoe Bay Living 2, LLC

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