Waterfront
Address
1225 Waterway Ln, Burnet, TX
Price
$ 1,399,900
Property Attributes
- MLS#7528792
- TypeSingle Family
- Listing Status Active
- CountyBURNET
- CityBurnet
- AreaBU
- NeighborhoodSwiss Village
- Zip78611
- StyleSingle Family Residence
- Year Built1985
- Taxes$ 10720
- Price$ 1,399,900
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3207
- Lot Size1.24 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
Sold FULLY FURNISHED if desired! Extraordinary waterfront retreat on Lake Buchanan featuring panoramic open-water views, massive elevated entertaining decks, mature shade trees, private boat dock, and a proven Airbnb rental history with nearly 40 five-star reviews. This turnkey lakefront property blends rustic Hill Country charm with exceptional indoor-outdoor living, creating an unforgettable destination for both owners and guests. The split-level main house features 2 bedrooms, 2 en-suite baths, a loft space, over-sized kitchen with gas cooktop, island, and granite countertops, a dining area with 180-degree lake views and a stone fireplace. The living space opens onto the large deck ideal for indoor/outdoor entertaining. The guesthouse across the street sits above an oversized 3 car garage that is currently being used as a game room for the short-term rental. The guesthouse has its own private entrance and includes a large living space with hill-top lake views, 1 bedroom, 1 bath, and kitchen. The guesthouse has proven long-term rental history but may also be used as additional living space for the short-term rental. The home sits on 1.24 acres with approximately 285 feet of direct water access to a deep-water cove. Water remained in the cove even in the most recent low lake levels in Summer of 2023. The floating dock and rolling stairs allow for fluctuating water levels. Next to the home is a unique dome with around 800 square feet of storage space, with endless opportunities for additional one-of-a-kind living space! There is also an additional undeveloped portion of the property that offers added privacy and potential to place an RV or two, with lake views. This property is a rare find on Lake Buchanan! Virtual tour link available on MLS.
| Elementary School | Middle School | High School |
|---|---|---|
| RJ Richey Elementary School | Burnet (Burnet ISD) Middle School | Burnet High School |
| Price History | |
|---|---|
| 5/29/2026 | Listed $1,499,900 |
| 7/10/2026 | 7$1,399,900 |
General Features
| Living Area | 3207 |
|---|---|
| Sewer | Septic Tank |
| Heating | Propane |
| Cooling | Central Air |
| Utilities | Electricity Connected,Propane |
| Roof | Metal |
| Appliances | Dishwasher,Disposal,Electric Cooktop,Gas Range,Microwave,Double Oven,Refrigerator,Trash Compactor |
| HOA Fee | 400 |
| Garage Spaces | 2 |
| Association Fee Includes | See Remarks |
| Patio/Porch Features | Covered,Deck |
| Pool Features | None |
| Construction Materials | Adobe,Wood Siding,Stone |
| Year Built | 1985 |
| View | Hill Country,Lake,Panoramic |
| Levels | Multi/Split |
| Property Subtype | Single Family Residence |
| Tax Year | 2021 |
| Waterfront Features | Lake Front,Waterfront |
| Community Features | None |
| Accessibility | None |
| Assoc Fee Paid Per | Annually |
| County | Burnet |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Energy Efficient | None |
| Subdivision Name | Swiss Village |
| Facing Direction | East |
| Green Sustainability | None |
| Other Structures | Guest House,Storage |
| Full Baths | 3 |
| Status | Active |
| Directions | Take Highway 29 West from Burnet. Turn right on 2341 and go about 13.5 miles. Turn left on Ed Low Dr. Turn left on Waterway Ln. Main house will be on the left and guesthouse on the right. |
| High School | Burnet |
| City | Burnet |
| Body of Water | Lake Buchanan |
| Disclosures | Seller Disclosure |
| Association Name | Swiss Village |
| MLS Area | BU |
| Lot Size Square Feet | 54014.4 |
| Elementary School | RJ Richey |
| Middle/Junior High School | Burnet (Burnet ISD) |
| Property Condition | Resale |
| Additional Parcels Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=y5nwBnVswTJ |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 688914 |
Interior Features
| Interior Amenities | Ceiling Fan(s),Ceiling-High,Interior Steps,Kitchen Island,Storage,Walk-In Closet(s) |
|---|---|
| Flooring | Tile,Wood |
| Total Fireplaces | 1 |
| Fireplace Features | Living Room |
| Window Features | None |
| Total Bedrooms | 3 |
| LivingAreaSource | Multiple Dwelling |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Balcony,Boat Dock - Private,Boat Lift,Gutters Full |
|---|---|
| Fencing | None |
| Parking Features | Detached |
| Lot Features | Bluff,Sloped Down,Views |
| Water Source | Well |
| Total Parking | 4 |
| Foundation Details | Pillar/Post/Pier,Slab |
| Lot Size Acres | 1.24 |
| Waterfront Y/N | Yes |
| Covered Spaces | 2 |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78611
Price
Taxes
Year Built
Visits
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