October 1, 2026
Meadowlakes looks like a golf course subdivision behind a gate. It runs, on paper, as its own incorporated Texas city, and that city just changed its property tax rate more than most homeowners noticed until the bill arrived.
Buyers comparing a Meadowlakes listing to something similar in unincorporated Burnet County or in a neighboring Marble Falls subdivision often assume the only extra cost is a homeowners association fee for the gate and the greenbelt. That assumption misses a real, separate taxing authority: the City of Meadowlakes itself, which has taxed property here since it incorporated in 1985 and has just raised that tax meaningfully to pay off a golf clubhouse rebuild that every homeowner is funding, whether or not they own a set of clubs.
Meadowlakes was platted starting in 1973 around what's now known as Hidden Falls Golf Club, also marketed as Meadowlakes Golf & Country Club, and it incorporated as a city in 1985. It sits along the shore of Lake Marble Falls in southern Burnet County. That history matters because it means Meadowlakes carries two separate layers of local governance that a lot of subdivisions don't stack together.
The first layer is the Meadowlakes Property Owners Association, which handles the deed restrictions, the covenants, the parks, and the architectural rules you'd expect from any gated community. The second layer is an actual municipal government: a mayor (Garrett Wood, serving a term that runs 2026 to 2028), a city council, a city manager, and a public works department that bills residents directly for water and wastewater. That city government has its own line on the Burnet Central Appraisal District's tax rolls, separate from Burnet County, separate from the Marble Falls or Burnet school districts, and separate from the emergency services districts that already show up on every Hill Country buyer's closing disclosure.
Most buyers know to expect county, school, and ESD taxes. Fewer expect a city tax layer on top of an HOA fee, because most of the gated communities in this part of the Hill Country are not their own cities. Meadowlakes is.
Burnet CAD publishes taxing entity rates every year, and the City of Meadowlakes line tells a specific story:
| Tax Year | City of Meadowlakes Rate (per $100 valuation) |
|---|---|
| 2024 | $0.1317 |
| 2025 | $0.2456 |
That's close to a doubling in a single year, according to Burnet CAD's own published rate tables. For context, none of the county, school district, or emergency services district rates on the same rolls moved anywhere near that much over the same period. This wasn't a countywide reassessment wave. It was specific to Meadowlakes as a taxing entity.
The reason traces back to a single vote. Meadowlakes voters approved a $7.5 million bond on November 7, 2023, to fund construction and utility system improvements, most visibly a full rebuild of the Hidden Falls Golf Club clubhouse and pool at 220 Meadowlakes Drive. The bond is being repaid through a combination of property taxes and utility revenue, according to reporting from DailyTrib.com in September 2026, which also noted the average household is expected to pay about $100 more per year toward bond payments specifically.
That $100 figure covers debt service on the bond itself. It doesn't account for the full jump shown in the Burnet CAD rate table, which reflects the city's total tax rate including operations and any other budget pressures layered on top. Both numbers are real. They're just measuring different things, and a buyer trying to reconcile a portal's tax estimate against the actual appraisal district rate should expect to see the fuller increase, not just the bond's slice of it.
Construction is moving. As of that September 2026 report, the project had completed the second of three major concrete pours for the foundation, with structural steel already in place, according to City Manager William De Roos. The third pour, still to be scheduled at that point, was slated for the pool itself, which will come in about 1,000 square feet larger than the one it replaces. The clubhouse complex is designed to include a pro shop, a restaurant and bar, a gym, meeting rooms, and the new pool, with completion on schedule for fall 2027.
Here's the part worth sitting with if you're comparing Meadowlakes to a similar-priced home elsewhere: that bond is repaid through property taxes and utility revenue, which means every homeowner in the city limits is paying it down through their annual tax bill and their water bill, regardless of whether they've ever set foot on the golf course. The clubhouse rebuild is a shared civic cost, not a club amenity fee.
That distinction matters because the golf club itself runs on a separate track entirely. Hidden Falls Golf Club, an 18-hole course designed by Leon Howard that opened in 1976, operates as semi-private. Visitors are welcome to book tee times, and membership is a distinct purchase from anything on your property tax bill or POA invoice. If you buy a home in Meadowlakes and never join the club, you still pay your share of the bond through your tax rate. If you do join, that's a membership fee layered on top, unrelated to what the city charges every property owner.
So the honest accounting for a Meadowlakes home looks like three separate line items, not one bundled HOA-style fee: the POA's covenant-enforcement and parks dues, the city's ad valorem tax rate (now materially higher than it was in 2024), and an optional club membership if you want to golf. Buyers used to a single "HOA fee plus dues" structure in other gated communities should expect to unbundle these three before comparing total cost of ownership.
Layered on top of the tax question is a price question, and the honest answer is that Meadowlakes doesn't have enough monthly transaction volume to produce a stable headline number. In March 2026, the median list price was $499,000 with a median 81 days on market, itself a 37 percent drop from the prior March. By May 2026, the average home price had moved to $683,974 at $252 per square foot. By September 2026, the average had shifted again to $583,606 at $228 per square foot. Listing counts across different portals in the same window ran from roughly 40 to 45 active properties.
A market that size will swing its monthly average or median significantly based on which three or four homes closed, whether they sat on the golf course or backed up to a side street, and whether they were newly built or original 1970s and 1980s construction. Anyone using a single month's headline number to judge whether Meadowlakes is appreciating or cooling is reading noise from a small sample, not a trend. The more useful comparison is pulling actual closed sales in the same product type, golf-frontage against interior lot, updated against original condition, over a longer window.
If you're comparing a Meadowlakes listing against something in an unincorporated part of Burnet County or in a subdivision without its own city government, ask your agent or title company for the full combined tax rate breakdown, not just the county and school district figures most estimate tools default to. Confirm whether the listing's estimated payment already reflects the 2025 City of Meadowlakes rate, since some third-party calculators lag behind newly adopted municipal rates. And if golf is part of why you're looking here, ask separately about current Hidden Falls Golf Club membership terms rather than assuming it's baked into anything you're already paying.
None of this makes Meadowlakes a harder place to buy. It makes it a place where the paperwork has one more layer than a typical gated subdivision, and where that layer just got more expensive for a specific, traceable reason tied to a project residents can watch rise at 220 Meadowlakes Drive between now and fall 2027.
If you're weighing a home in Meadowlakes against other Hill Country golf and lake communities and want the actual tax math run for a specific property before you write an offer, reach out to Selling the Hill Country with Kayla and let's go through the numbers together.
This article is general information, not legal, tax or financial advice. Consult a qualified professional about your situation.
Stay up to date on the latest real estate trends.